Starting again at 27!

Jacko_amz

Hiya Angelpye

Yes that does mean that, however there is not enough 'admin' to last 6 week hols so its going to be very boring!!

By my calculations i should be debt free by November

I do have a car on pcp which ends in 2019 but i am not counting this in my debt totals, do you think i should?

angelpye

Perhaps, depends if you would find it demotivating. You could see it as your next target. I see cars as debt but I know many don't. Do you have a balloon payment at the end?

Jacko_amz

yes i do - i think it'll be around 5k. what i was going to do is from Jan 18 start saving the 250 i was putting towards CC debt away for the balloon payment (well to go towards it anyway).

It'll be great when that is paid as that is another 140 for me! but that is years away lol x

angelpye

I think your plan to save for the balloon payment is a good one. You can then decide if you want to hand the car back and use the money to buy a decent second hand car or own the one you have outright. If you get that money together then the next plan could be looking at paying off car quicker - obviously taking into account any charges for early repayment. I have never bought a car this way (have considered it) so not totally sure how it works.

Jacko_amz

Well i think i will keep it as it will only be 4 years old, plus i have been the only owner. I am sick of finance cars now and will keep this one until its old and unrepairable (if that makes sense)

Well this was going to be a NSD but just had a bill from npower for my old house, only £15 but still lol! pooped on my parade

angelpye

I would love a new car and if it will be only 4 years old then go for it! Will be all the sweeter when you dont have to worry about the balloon payment

I dont count bills as spend days they are not within our control. £15 isn't bad as a final bill though

Jacko_amz

haha I will take that then as a NSD hope your journey is going well xx

angelpye

Its all good here, slowly but surely

Jacko_amz

Today has been a small spend day, spent a £1 on some soothers as i woke up with a sore throat. So i don't mind that

New iphone came and i love it! just got to wait a couple of days for my number to transfer over.

Tonight i am going to catch up on walking dead, broadchurch and made in chelsea, my guilty pleasures!

Jacko_amz

Well good news is i got my money back from Match.com so i am well happy about that!

I have spent around £7 today, which i already had in my purse so that was fine. Also had to do car tax, only £30 and i had it in my 'Car Maintenance' pot. I really feel good about money at the moment, i am getting out and about doing things and still paying off 250 off the CC. I think its important to keep a balance, i could pay off more but that would make me miserable!

Put my old iphone on ebay so hopefully will get around £80 for it, if i do then i will round off the CC and pay off 40 - leaving 2100, and the other 40 towards holiday fund

Hope everyone is having a nice evening!