Secret life of a 32yr old man

in_need_of_direction

Big inroads being made. Well done

jdean23

Hi everyone, I've not posted for a while (since just after my last payday) so it's an update to my debts time! I've made all the agreed payments again this month and after working overtime at the weekends I've actually earned more that I've managed to put on the debt. Also selling things on ebay the money can add up quite quickly.

Apart from spending time and money with my DD over the school holiday I've practically spent nothing on myself. I've allowed the odd pint with friends (I dont want to go mad while trying to clear debt) but it's all been kept well within my living budget.

I really am feeling so positive about this all now. Yes it's took time and i've had to sacrifice my credit for a good few years, but that's fine by me as once im debt clear I'll be doing my very best to live by the "don't have the money, don't buy it" attitude!

Anyway's I hope everyones well and here is my latest balances

June 2014

Wonga - £858.10
QuickQuid - £1447.04
P2P - £1014.13
PaydayUK - £589.75
Peachy - £106.89 - Target to be cleared in June
Sunny - £639.65
Lending Stream - £1290
Satsuma Loans - £423.88
Piggy Bank - £539.13
Mum and Dad - £540

Total debt - £7,448.57


July 2014

Wonga - £643.95
QuickQuid - £1367.04
P2P - £934.13
PaydayUK - £529.75
Peachy - £0
Sunny - £539.65
Lending Stream - £1240
Satsuma Loans - £343.88
Piggy Bank - £469.13
Mum and Dad - £320

Total debt - £6,387.53

August 2014

Wonga - £429.30
Quick Quid - £1,287.04
P2P - £854.13
Payday UK - £469.75
Peachy - £0
Sunny - £439.65
Lending Stream - £1,190
Satsuma Loans - £263.88
Piggy Bank - £399
Mum and Dad - £0

Total debt - £5,332.75

springdreams

Wow £1,000 off you debt each month over the last 2 months - you are doing very very well. :beer:

jdean23

I know it's massive inroads on my debt, I'm very lucky to have a job which pays well enough to enable me to tackle my debts so aggressively. I really shouldn't be in this position in the first place. But I can tell you first hand how dangerously fast payday loans can spiral out of control and even with money, you have to borrow to pay other growing debts. It's finally under control since I entered payment plans with them all.

dean23

Feeling very happy and positive today.

Just made a full payment back to Wonga for £429.30 meaning im now clear with these and will be £215 a month better off which can go towards other debts and help bring them down quicker!

dean23

August 2014

Wonga - £0
Quick Quid - £1,287.04
P2P - £854.13
Payday UK - £469.75
Peachy - £0
Sunny - £439.65
Lending Stream - £1,190
Satsuma Loans - £263.88
Piggy Bank - £399
Mum and Dad - £0

Total debt - £4,902.46

dean23

Septembers Targets

Wonga - £0
Mum and Dad - £0
Peachy - £0
Satsuma Loans - £263.88 - Pay this off in full
Piggy Bank - £399 - Pay this off in full
Sunny - £439.65
Payday UK - £469.75
P2P - £854.13
Lending Stream - £1,190
Quick Quid - £1,287.04

kittycatfan

Wow youve done amazing , just imagine how much money youll have to treat yourself with afterwards then youll be able to have a great savings account aswell and oneday youll be able to afford to take your little girl on holiday or something that would be great for you both

dean23

Thanks kittycatfan. Really appreciate your kind words. I'm hoping to be all set round the end of year. Then like you say I'll be looking at going on a well needed holiday with my little girl.

I can't stress enough how much better and easier it is when you just face up to debt rather than try and deny you're in it.

dean23

Ok so this months Payday has come and gone. It's really starting to show now I think

Wonga - £0
Mum and Dad - £0
Peachy - £0
Satsuma Loans - £0
Piggy Bank - £249 - Was hoping to pay this in full this month
Sunny - £339.65
Payday UK - £409.75
P2P - £774.13
Lending Stream - £1,140
Quick Quid - £1,207.04

Total debt £4120.22

If I can clear the Piggy Bank loan this month (which might not be possible) It will free up £150 a month which I can then pay towards the other higher balances.