Pay ALL your debt off by Xmas 2015!

amr547

When I'm off work next week I am aiming to go to Santand#r and get them to close my account! I also need to change my address with NW....banks are such a faff.

BirdSeed

amr547 wrote: »

Edited to add - does anyone out money in a separate account for eg birthdays,car costs etc? Wondering if it would better to do this or keep it all saved in a lump sum somewhere.

I have a few additional saver accounts linked to my current account. I transfer £75 a month into one specifically for birthdays and Christmas. It doesn't have a great interest rate but it's easily accessible and pays for presents and towards birthday celebrations too. If I use my current account to pay for anything, I replace that money out of this account. Part of me thinks it's psychological but then part of me thinks it's really useful. On average I put £900 per year away (to spend mostly on other people!!!).

parsniphead

Roundthebend wrote: »

Some of the reports it creates:

I like this being a visual learner plus I can't seem to get along with YNAB.

rubywhatashmoo

I'm late to the party but please sign me up! I could do with having a "real" look at my balances after I get paid next week and pay off the last bit of this year's challenge total but could I get a number now anyway?!

Roundthebend_2

parsniphead wrote: »

I like this being a visual learner plus I can't seem to get along with YNAB.

Ditto
It doesn't have the budget thing (although you can set some, I haven't fully explored the app, I just do it myself and add them as recurring payments) but the cost of the app is significantly cheaper so triply worth it for me

grassgirl

Wow round the bend, how did you make so much in Dec?

A tiny payment of £1.65 off today, still yet to buy prezzies! Heh

rubywhatashmoo

Actually just read through this thread and it's gotten me all motivated so I've checked where I'll be up to at Christmas and can declare a total!

£8202.00 to be cleared in the next 369 days! :xmassign: 2015!

(£22.23 a day in case anyone was wondering :rotfl:)

Roundthebend_2

grassgirl wrote: »

Wow round the bend, how did you make so much in Dec?

A tiny payment of £1.65 off today, still yet to buy prezzies! Heh

My husband won £1k in the christmas draw at work. Sheer luck! Xx

GingerFurball_2

Final DD payment for the year comes off tomorrow, then I'll just need to make the additional payment once interest goes on the loan statement to make it £100 in total paid off the loan this month.

It'll leave me £1250 short of my year's goal, but that's still a hell of a better place to be in than £5k of debt!

amr547

Does anyone else find they think about money more on Sunday? I always find myself in bed pondering how I could save more / spend less:rotfl: