if i make a start . then there has to be an end right ?!

edited 30 November -1 at 1:00AM in Debt Free Diaries
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  • mumof3.12kindebtmumof3.12kindebt Forumite
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    It may not be as quick as others. But Im so proud of how much we have paid off so far. It feels great. I must remind Myself of the above post when I feel like progress isn't being made.
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    This month is tight as I had some time off due to illness. But we will hopefully pay off around 400 pound still including my car direct debit
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    Once all the debt in paid. Depending on our income I hope to put a minimum of £500 into savings for a house deposit. This will come to around 6000 a year.

    Baby is currently 6 months. Coming 7 months.
    I'm 25 I aim to buy by the time we are 30. Our absolute personal deadline is by the time we are 35.
    The goal is to save at least £20- £25000
    Of this at least £16000 will be a deposit the rest will be moving costs.
    Stamp duty solicitors fees etc
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    My birthday Is in July hence why I'm now 25 and not 24 anymore like I was at the start of my diary
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    Bed time.
    Today was another nsd.

    Catch up with you all tomorrow :)
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    Food shop day.... This day each week comes round too quickly...
    Anyway budget is 50. Hope to.come. In on budget again.. Will let you all know how it goes.. Don't have a massive list but we all know it soon adds up
    Nothing else to report
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    I've got all my dates mixed up some how.. 7th was charity shop spends
    8th was nsd
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • DebtFreeDuoDebtFreeDuo Forumite
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    If you want to save for a house deposit whilst also paying off debts can I recommend a Help to buy ISA if you are first time buyers, the government give you a 25% bonus on every penny you save and the interest rates are good on them too, I currently get 3.5% interest on mine which justifies me not paying my debts off with what I have saved so far. You can only save a maximum of £200 per month but both you and your partner can both have one and you will both qualify for the government bonus.

    Great work on paying off your debts so far, you're doing a great job.
    Change the way you see things and the things you see will change
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    I dont know what's best to do. Pay off debts then save. Or do abit of both.
    Abit of both I think will keep Me more motivated as I'll see my debts go down as well as my house savings go up.

    I have a 5% interest savings account atm.
    In the new tax year I'll be opening a help to buy isa and getting my partner to set one up in his name too.

    If I decide to save for a house along side debt it will break down as follows a month
    100 emergency fund
    250 house fund
    650 debt + car direct debit
    And I'll be debt free excluding mu car in around 14 months
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
  • mumof3.12kindebtmumof3.12kindebt Forumite
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    Any advice on the above is much appreciated
    June 2017 £16,000 debt ~ Nov 2018 DEBT FREE
    June 2019 Homeowners ~ mortgage £123,500.00
    June 2021 DFW AGAIN £16,308 ~ mortgage June 2021 £116,901.97p
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