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Goodbye debt hello mortgage
Comments
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Pay day tomorrow so another £100 will be wiped off my debts I really look forward to pay days and my paid percentage going up
I think a lot about debt free life and making this house mine. It will be so nice to be buying a house for the first time in my life and also debt free for the first time since I turned 18 too.
I have been thinking today I am going to save a safety buffer before saving for my deposit as it will be the sensible thing to do so that if anything goes wrong in the house or with the car I won't have to borrow money and I will have it ready. I am thinking of maybe £1000 as I have been reading Dave Ramsey's guide and that would be a nice buffer for emergencies but I must not dip into it unless its really necessary.
It will put my deposit back a little bit of time but it will make things easier in the long run, right off to put some more things on Ebay Debt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0 -
Good ide on having an emergency fund. That way you will not need to rely on credit cards etc ever again.0
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Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left
Friend [STRIKE]£1000[/STRIKE] £500 paid £500 left
[STRIKE]SNC £230[/STRIKE] Paid
[STRIKE]Cap One £203.91[/STRIKE] Paid
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left
Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left
Brother £310
Total £10,543.91 £2117.46 paid £8,426.45 left
Another £100 paid to my friend today I'm half way to paying her off and getting there slowly every week.
I thought it would be a good idea Rebecca then I will keep on track if anything happens while saving for my deposit as knowing my luck something will happen lolDebt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0 -
It's a good idea getting a emergency fund, I set up a standing order of £25 a week which goes into my normal savings account, this covers us if we need anything done to the cars, or kids desperately need something, it's a lovely feeling knowing it's there if you really need it xx
Well done on paying off 20% of your debt xxNEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
It's a good idea getting a emergency fund, I set up a standing order of £25 a week which goes into my normal savings account, this covers us if we need anything done to the cars, or kids desperately need something, it's a lovely feeling knowing it's there if you really need it xx
Well done on paying off 20% of your debt xx
Thank you I'm so pleased at getting to 20.1% that 0.1%is important :rotfl:
I like that idea once I'm debt free I think I will set a standing order up so it will come out monthly on pay day Debt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0 -
Tuesday my friend will be paid in full and debt number 3 will be gone :j I am looking forward to Tuesday so much right now. :j
Took my daughter to the fair last night it was so nice to have some fun and I have realised I should do something fun once in a while as the debts are going and everyone needs a little bit of fun sometimes.
I am slowly getting down the food in the freezer and I can't believe how much I hoard I really need to break that bad habit and buy what I need. Right off to make some cakes for next week for work as it's my turn this week Debt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0 -
Meal plan this week is:
Monday Bacon and brie risotto
Tuesday Fish pie and pease
Wednesday Left overs
Thursday Corn beef hash and baked beans
Friday Left overs
Saturday Turkey breast roast dinner
Sunday Left overs
I have onlt spent £32 on food this week so a little more towards the over draft Debt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0 -
That is really good. I think I need to take some tips from you.0
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Meal plan looking good wish I had leftovers but if anyone leaves anything I've got three kids willing to hoover it up lol xxNEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050
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That is really good. I think I need to take some tips from you.
The only advice I can give is to pay the debt the minute the money hits the bank, I am using calendar budget which helps knowing exactly how much I can pay in debt. If it's not there I can't spend it on things I want and not need.
The sad thing is I realise how much I wasted gambling and smoking. It's in the past now but it does make me sad to think about it but this time I have changed for good Debt:
Mum [STRIKE]£6150[/STRIKE] £1050 paid £5100 left [STRIKE]Friend £1000[/STRIKE] paid [STRIKE] SNC £230 Paid[/STRIKE] [STRIKE]Cap One £203.91 Paid[/STRIKE]
DWP [STRIKE]£650[/STRIKE] £40 paid £610 left Over draft [STRIKE]£2000[/STRIKE] £92.55 paid £1907.45 left Brother £310
Total[STRIKE] £10,543.91[/STRIKE] £2616.46 paid £7927.45 left 24.8% Paid0
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