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4 days 'til Debt Free...
steve700
Posts: 312 Forumite
I've just set up my last payment to my credit card to clear the balance completely, and my first to make a mortgage overpayment 
As of October 24th - I'm free (of debt).
Good luck to everyone else
As of October 24th - I'm free (of debt).
Good luck to everyone else
0
Comments
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:beer:
Great news and inspiring! Does this mean you are running away to the mortgage free board now 0 -
Congratulations!!!!!£4000 challenge
Currently leftover - £3872.150 -
Thats fab! Can you tell us a bit about your debt free journey?Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.0
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:dance: :dance: :dance: Wha-hay:dance: :dance: :dance:
Well Done:beer:0 -
fishface-69 wrote: »Thats fab! Can you tell us a bit about your debt free journey?
In a nutshell:
I took out an £18,000 car loan about 4.5 years ago at £373 a month, repaying about 2.5k in interest - I managed to make the final payment on that about 3 months ago (9 months early)
I had a credit card that I took out to get £5000 on 'commission fee' travellers cheques from M&S, to pay straight in to my current account. This paid for a brand new kitchen, and it is the final repayment on this card that will be completed on 24th October.
I've also managed to bring my overdraft down from £1600 to £200, which I rarely even use now.
I'm fortunate in that I get paid quite well, but it has still taken a lot of overtime working to sort things out 0 -
Congratulations, now send all your surplus cash to me, my paypal address is ... BR 4/10/07
ED 11/04/08
BSC Member No 930 -
It might be extra now, but it certainly isn't surplus..................;)0
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Steve
That's Wonderful news. Are you planning to do anything special with the extra (not surplus) cash?
Cat.xDFW Nerd Club #545 Dealing With Our Debt
never attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
the thing about unwritten laws is that everyone has to agree to them before they can work - *louise*
March GC £113.53 / £3250 -
Steve
That's Wonderful news. Are you planning to do anything special with the extra (not surplus) cash?
Cat.x
I saw a lovely brand new Impreza in my local Garage for £24k yesterday..........
er, NO.
Apart from paying the maximum £499 a month extra on my mortgage, I plan to build up some savings now. I really should have savings at the age of 37 :rolleyes:0
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