Onwards and downwards...

jwil

As it's payday :j I've updated my end of month totals. I've also listed my debts individually and added my emergency savings in as well

Total debt:

1. [STRIKE]£2,301.00[/STRIKE]/ £2,288.00
2. [STRIKE]£8,388.00[/STRIKE]/ £8,338.00
3. [STRIKE]£6,892.00[/STRIKE]/ £6,878.00
4. [STRIKE]£4,022.00[/STRIKE]/ £4,008.00
5. [STRIKE]£2,380.00[/STRIKE]/£1,900.00
6. [STRIKE]£4,586.00[/STRIKE]/£4,568.00
7. [STRIKE]£4,813.00[/STRIKE]/£4,787.00
8. [STRIKE]£1,175.00[/STRIKE]/£596.00

[STRIKE]£34,557[/STRIKE]/£33,363 = 3.46% paid
Savings target: [STRIKE]£19,320[/STRIKE]/£323 = 1.67% reached

Emergency savings: £1100

DFD - [STRIKE]December 2087[/STRIKE] March 2087 :eek:

Slowly but surely...

mfmaybe

Looking good jwil :T. I know you had the PPI benefit, but are you now focusing on Debt no 8? Or are you trying to get them all down simultaneously towards full and final settlement levels?

Awesome work on the emergency savings as well by the way!

in_need_of_direction

Love that no 5 and no 8 went into a new thousand. What's the ef target now?

retiredandskint

It's all moving in the right direction. Well done :T :T

missymoo81

Hey JWIL just thought I'd pop in and catch up. Liking your end of month updates! Might borrow your idea, so much easier to keep track when it's all written down in front of you. You're doing wonderfully!

jwil

mfmaybe wrote: »

Looking good jwil :T. I know you had the PPI benefit, but are you now focusing on Debt no 8? Or are you trying to get them all down simultaneously towards full and final settlement levels?

Awesome work on the emergency savings as well by the way!

Thank you The PPI came off debt number 5. Number 8 had a load of charges refunded earlier in the year which is what reduced that.

At the moment, there is no 'spare' money for debts, so they are all on token payments. Any money I get from ebay etc is going to the emergency fund, which I will also use for F&F if I get the opportunity.

HairyHandofDartmoor

You're making great progress and the debts are all heading in the right direction .

jwil

in_need_of_direction wrote: »

Love that no 5 and no 8 went into a new thousand. What's the ef target now?

Thank you I'm not sure what to aim for, there's a lot that could possibly be needed.

My car is 17 years old, and as you can see from my posts here, often needing work done. I have to provide a car for work, it's in my contract. So ideally I'd like around £3k to enable me to replace it if it ever came to it.

Our house needs loads of work done, so maybe £1k to cover any emergencies there.

Then of course I'd like a F&F fund so as much as possible there.

I reckon I need to aim for at least £5-6K and probably more :eek:

retiredandskint wrote: »

It's all moving in the right direction. Well done :T :T

Thanks retired How are you!

missymoo81 wrote: »

Hey JWIL just thought I'd pop in and catch up. Liking your end of month updates! Might borrow your idea, so much easier to keep track when it's all written down in front of you. You're doing wonderfully!

Thanks missy I find them quite useful. I've only put the grand total before, but thought I'd add them all in individually too as it's much easier to keep track, especially if I'm logging in away from home!

jwil

HairyHandofDartmoor wrote: »

You're making great progress and the debts are all heading in the right direction .

Thank you

jwil

Well I was so pleased with how I was getting on yesterday, until I got home and had a letter from Tax Credits. Apparently we have an overpayment of £1200 :eek:. They are recovering part from this year, and part from future awards. The problem is, I don't think we will be eligible for any future awards, so I'm going to have to pay it back. Bye bye emergency fund I'll keep hold of it until they ask for it, but that's probably £800 or more of it allocated.

Also, they don't appear to have updated DH's employment even though I sent it to them at the start of the month. So it might be even bigger *sigh*. So this weekend I am going to write to them with all of the current employment and childcare details on there and hope they sort it properly.