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My First Win
amillionlittlepieces
Posts: 96 Forumite
Well today was a great day for me, I managed to clear one of my debts!! Although I have paid off my overdrafts this year, this was the first where I have rang up and asked them to cancel my credit account.
GOODBYE STORE CARD!!!
I had the card, with maximum credit, for about 5 years... 5 YEARS!! always paying the minimum and paying a lot in interest. So it is with great pleasure that I never have to think of it again! 1 down, 2 more credit cards to go!
Big thanks to the whole forum and those dedicated enough to keep everyone up to date with the progress on a daily basis. I couldn't have done it without you!
GOODBYE STORE CARD!!!
I had the card, with maximum credit, for about 5 years... 5 YEARS!! always paying the minimum and paying a lot in interest. So it is with great pleasure that I never have to think of it again! 1 down, 2 more credit cards to go!
Big thanks to the whole forum and those dedicated enough to keep everyone up to date with the progress on a daily basis. I couldn't have done it without you!
LBM Jan 14 - Debt £30,500.48
January 2014 - 31st May 2016 DEBT FREE!!
Target Savings £500,000.00 Retire Early!!
Cash Savings £15,492.23
S&S ISA £60,560.54
January 2014 - 31st May 2016 DEBT FREE!!
Target Savings £500,000.00 Retire Early!!
Cash Savings £15,492.23
S&S ISA £60,560.54
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Comments
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Well done on binning the card off, keep at it
ISA £1675
MiniMoohound savings £3685.86 :T Plus £3800 CTF
'MrMoneyMuststache' my new hero, Martin Lewis my long time hero
Poacher turned Gamekeeper
Roadkill rebel No 52 Aug £1.34p Sept 24p Oct 5p Nov 5p Sealed pot Challenge No 403 £176.66(2014) :staradmin NOV NST No 200 -
:Twell done:TChristmas 2020 £109
I love my dmp started in Nov 13 with SC. Self Managed 2016 57% done
£60062/25384.84 - 13222.60k UE
MY DIARY http://forums.moneysavingexpert.com/showthread.php?t=47686850 -
Back of the net!!!
Well chuffed for you, bring on the next
MB of G0 -
great news, well done:)LIVE SIMPLY * GIVE MORE * EXPECT LESS * BE THANKFUL0
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Brilliant! Well done. Smashing feeling, isn't it?PAYDBX 2016 #55 100% paid! :j Officially bad debt free...don't count my mortgage.
Now to start saving...it's a whole new world!!0 -
I think there's a lot to be said for closing an account and knowing it's gone forever - not just paying it off. I recently closed two having paid them off. As it happened, they were the two cards that charged the highest interest rate. But with hindsight, I think even if they hadn't been I might have chosen to close these smaller ones first, and then get started on the larger ones.
There is something very satisfying about not only having it paid, but knowing there will never be a statement again, that you never have to remember to pay that account this month, and that it needn't occupy any of your headspace at all.
Happy days!0 -
That's awesome, I bet it feels amazing. Well done!
xLBM 27/01/14 - £6,663.82
Current total debt - £3,530.22
Pay All Your Debt Off By Xmas 2017 £378/14/£3,958.36
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