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FaultGirls journey to be debt free for the first time!
FaultGirl
Posts: 3 Newbie
I am a former lurker who has decided to stop wallowing and deal with my debts. I have no-one to blame but myself for letting it get this far. I won't blame my depression but it has been a factor in the build-up of debt.
I have already started the battle, I moved out of my parents home and to London for 5 months, with a pay rise I managed to knock alot of my debt ( as you can see in my signature :T) but I got extremely homesick, never left my flatshare so barely spent any money and I relocated back down south. Luckily my mum has put no pressure on me with rent, I pay as much as can to her and luckily got some freelance work.
For some reason the no-spending that I started in London has stuck
and I havent built anymore debt. The only downside is the fact I had to buy a car so that £2000 I had to add to the mix. Which is needed for my line of work.
The first goal is to finish off paying the Natwest Loan and the remaining CC's by the end of February which I will then close and then snowball the Tesco Loan, the repayments start in March as £110. I'm hoping to open another savings account and save up 2000 and make an over repayment by early summer.
I think having to write about my journey will aid me in my goal.
So fingers crossed!!
I have already started the battle, I moved out of my parents home and to London for 5 months, with a pay rise I managed to knock alot of my debt ( as you can see in my signature :T) but I got extremely homesick, never left my flatshare so barely spent any money and I relocated back down south. Luckily my mum has put no pressure on me with rent, I pay as much as can to her and luckily got some freelance work.
For some reason the no-spending that I started in London has stuck
and I havent built anymore debt. The only downside is the fact I had to buy a car so that £2000 I had to add to the mix. Which is needed for my line of work.The first goal is to finish off paying the Natwest Loan and the remaining CC's by the end of February which I will then close and then snowball the Tesco Loan, the repayments start in March as £110. I'm hoping to open another savings account and save up 2000 and make an over repayment by early summer.
I think having to write about my journey will aid me in my goal.
So fingers crossed!!
0
Comments
-
Well done you've made a great start!Debt as at 5 June 2023 - £15,600.89
Current debt - £5,555.00
Total paid off - £10,045.89 (64% paid off)0 -
First day of my new diary.
I decided to eat leftovers this morning for breakfast to save money, I usually spend about £3 on breakfast. That's a bad habit I'm trying to break. I rarely eat lunch but I brought in the remaining leftovers incase my stomach starts to grumble.
I'm meeting my friend for a drink after work. I'm only going to let myself have one. So that'll be £2 gone but I need to socialise as I became a bit of a recluse for a few years.
I'm planning on giving my room a good sort out this week and try and sell some items on ebay/CEX.0
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