My debt free diary - getting my life on track

rexelpink

Balance Jan 14th- £1,391
Balance 34 days later - £1,364

Total paid in 34 days £135 - this equates to the balance only being £27 lower.

I have to find a way to clear this - it feels never ending at the moment.

Drawingaline

Is there no chance of moving this balance to a lower interest card at all? Or a card with a money transfer option?

rexelpink

Morning drawing :wave:

No I don't think so re a balance transfer. My credit rating is shot, I don't think I would be accepted.

The bit I am annoyed with myself for is that I had £500 in savings I could have moved across, but stupidly I used it as the deposit for friends hen night. As that was 4 days ago and I've only had 1 person pay their share back so far I am £400 short. I know I will get that back, but most likely in dribs and drabs between now and August. I've got a tracker made for hen night expenses and ticking off against names to see who's paid and who hasn't.

I have got £1000 in savings which would clear a big chunk, but I like the safety net of having that cash to fall back on if an emergency arises - although maybe I should be seeing it as the credit card is my emergency fund for now!

I just don't know what to do for the best!

Drawingaline

It's a pain being owed money.

Don't lose heart, you have done so well this month.