£50k to zero - made it across the finish line

One-step-at-a-time

Just a minor mental obstacle today. The savings have surpassed the smallest card balance (just under £1k), and the temptation to pay it off is HUGE. The mindset of throwing absolutely everything at the cards is very slow to change, but I do feel it's important to boost the cash reserves at the moment. I'm sure (read: I hope!) this will get easier as the positive balance grows.

One-step-at-a-time

Payments are all done for this month! Next month will be another milestone month - total for CCs and mortgage combined will go under £50k, CCs will go under £18k. 
I've been juggling resources a little bit - I cancelled the professional insurance from my side hustle (saving me £20/month) as I won't be needing to renew it until at least the end of the year, and I've been diverting this to tiny home improvements - finishing little jobs like replacing hinges and sorting out storage. Next on the list is a cheap energy fix as our previous deal has just come to an end and it's a good time to lock in a lower price for a while. I think we should be able to make another £20/month saving on that.

anna_mcgrail

Congratulations! That's am impressive milestone. Switching energy deals is a great idea, and what about your broadband? Ours was really expensive but I hadn't noticed we were no longer on an introductory offer.

One-step-at-a-time

anna_mcgrail said:

Congratulations! That's am impressive milestone. Switching energy deals is a great idea, and what about your broadband? Ours was really expensive but I hadn't noticed we were no longer on an introductory offer.

Hey Anna, thank you! I switch deals whenever it makes sense - at present we have a great deal for broadband that we have no reason to change. When I started down this road I reevaluated everything we were signed up with and have reminders set for when deals are due to run out.

One-step-at-a-time

Today I'm just reporting on something completely and utterly meaningless (because I don't want or need any type of new credit), but at the same time symbolic of positive change.
My MSE credit club membership is now showing that:
Disposable income has changed from very weak to weak
Loans affordability has changed from very weak to weak
Chance of getting a new credit card has changed from very weak to fair
All three of those have been parked solidly at 'very weak' since I first registered three years ago, and I've been waiting for the day that those annoying little charts change colour! Now to push them all back into the green

Drawingaline

It may seem meaningless, but it shows how everything you are doing is going in the right direction

One-step-at-a-time

Here we are, another weekend, time to make the next round of payments!  I'm quite optimistic about July. With some unexpected side hustle work and a couple of sales pending, it's looking likely that I'll be able to shove a minimum £750 or so extra at the cards and still be able to put a bit more into the emergency fund and savings. 
Adding July's scheduled payments in to my sig, I'm just under £18k, and it feels really good.

Drawingaline

Brilliant!

One-step-at-a-time

The card I'm making the final payment on this month is the biggie, the one that started off maxed out at £20300. Can't tell you all how glad I am to be finally seeing the back of this one for good!

Drawingaline

Really well-done, you have come so far.