We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Journey to £0 by 2020, with a few bumps along the way
Comments
-
I've got a 2nd interview for the 18 month contract job, not sure when it is yet just waiting to hear
Had a money saving success today, husbands car insurance expires beginning of March. Admiral gave him a renewal price of £750.
I've gone on the comparison sites and cheapest is £570 so told Admiral we wont be renewing with them
Also last year we paid monthly, I think I'll pay the full amount this year. So no 29% interest and that's another monthly direct debit I can cancel!
2 -
Well done on getting a 2nd interview. As you say difficult to accept such a large pay cut if you get it but better than benefits. Always cheaper to pay car insurance annually.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
The 365 Day 1p Challenge 2025 #1 £667.95/£391.55
Save £12k in 2025 #1 £12000/£110000 -
Hopefully in 18 months time the economy might have started to return to normal and you can get something that's better pay. Good luck for your 2nd interview.*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8040/£11641.17*
Savings
*Savings Buffer - £100/£1500
*Emergency Fund - £1500/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/0 -
I got the job!
Thank you so much everyone for all your support and advice and for cheering me on
Trying not to dwell on the pay cut and thinking of the positives.
I must do an updated SOA when I found out what my new take home pay is. Even though my loan is paid off now I'll still keep my diary if that's ok as will now start on my husbands loan
(£6,600 to go!)
Plus I'm not totally debt free, there's still the £206,000 outstanding mortgage...…...
6 -
Congratulations, great news! Maybe see if you're entitled to tax credits
https://www.gov.uk/tax-credits-calculator
0 -
Well done!! brilliant news.0
-
Congratulations!Bottom line;
£49k paid off
Car HP paid off
Debt Free!
Saved Escape fund and moved out.
Current focus; saving Emergency fund0 -
You can't do new claims for tax credits now. It would be universal credit.Jox said:Congratulations, great news! Maybe see if you're entitled to tax credits
https://www.gov.uk/tax-credits-calculator*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8040/£11641.17*
Savings
*Savings Buffer - £100/£1500
*Emergency Fund - £1500/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Congrats on the new job that's great news. It's better money then being on benefits that's for sure. Also it will be better on your CV when you go for future jobs if you don't have too big of a gap without work.
You can keep your diary for as long as you want. Debt is debt and if you're gonna be helping hubby out then I'd say yes stick around.*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8040/£11641.17*
Savings
*Savings Buffer - £100/£1500
*Emergency Fund - £1500/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Amazing news, 🥳April 2020 - £102,222 Loans/CC’s.
Jan 2022 - £0
Cleared - £102,222
Jan 2022 - Now time to build suitable investments and a business!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards