Small Steps Out Of Massive Debt!

enthusiasticsaver

Sorry to read you have Covid. Hope you not feeling too poorly. 

GeorgianaCavendish

Thank you both! Still feeling rotten but catching up on some financial admin, and I've got a new book (from the pile, not new to me) to start reading in a bit. 

Had my first £10 cash out from the Storewards receipt app, took about 18 months but I would say only the last 6 months of that involved regular shop visits so not too bad. Hoping for a bunch of Ipsos Isay surveys to come through, I want to use the rewards towards Amazon vouchers to buy a present for my dad - nearly there  

GeorgianaCavendish

November 2021 Goals & Debt Totals


Debt £499.00

Virgin - £499.00
0% until March 2022
(2 more payments to go!)

Deposit Savings

Total Deposit Savings: 73.29% 

NSDs
20/12

I caught Covid this month, so it has been a light month for spending (hence the unprecedented number of NSDs!) but I don't expect this to be the case during November. I'm looking forward to being out of self isolation next week, I've been going a bit stir crazy cooped up at home so just going for a walk will feel like such a luxury! 

I had a list of things to sort out in October but only managed to get one of them done before I got sick - so I've got a nice full list heading into November. Also got plans to meet up with friends over the last two weekends in November, really looking forward to that   

Financial things are going well, I've got two repayments left until I'm debt free and the deposit savings are ticking along nicely. I don't know if I explained my deposit target before, but it also includes half of the additional costs (stamp duty, legal fees, survey fees etc). It would be great to switch the credit card payments over to the deposit for a few months, but being realistic, I will probably need that money for travel to work. Anyway, trying not to get too far ahead of myself at the moment and just concentrate on recovering fully. 

Naomim

You must be so excited the end is in sight! What a brilliant start to 2022 also! 

EssexHebridean

Oh wow - just look how close you are! Not surprised you’re going mad cooped up either, but at least you’ve got off relatively lightly with the dreaded lurgy. 

WinterWarrior

So close! I flipped to page 1 to remind myself where you started. You have done so well ⭐️

capuchin

wow you've done amazing!!! What an inspiration. Congrats in advance

GeorgianaCavendish

Naomim said:

You must be so excited the end is in sight! What a brilliant start to 2022 also! 

I really am so excited for 2022, it will be the start of a new era  

EssexHebridean said:

Oh wow - just look how close you are! Not surprised you’re going mad cooped up either, but at least you’ve got off relatively lightly with the dreaded lurgy. 

It feels great being so close I went for a walk round the block this morning - it felt amazing! 

WinterWarrior said:

So close! I flipped to page 1 to remind myself where you started. You have done so well ⭐️

Thank you so much! I need to read back to remind myself as well! It feels slightly unreal to be this close to the end

capuchin said:

wow you've done amazing!!! What an inspiration. Congrats in advance

Thank you very much! Really excited to get to the end of this year and start a new chapter  

GeorgianaCavendish

I've got a really basic question about credit cards if anyone can help me  

If I set up a direct debit to take the "full" amount rather than the minimum payment, does this mean the full statement amount or the full balance on the card at the time the direct debit is presented? 

EssexHebridean

Statement amount. "pay off in full" is the amount that they tell you is owing when the statement is issued, usually less anything that has been credited in the period between the statement and the DD date. (and that last bit can be really annoying when you've bought something, only to then return it - as sometimes the refund "leapfrogs" the original cost. one to look out for).