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New plan...time to see some movement!

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  • jwil
    jwil Posts: 22,220 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Aaleigha wrote: »
    I was sure I posted about how well you had done with the debt and great targets for next year

    Thank you Aaleigha :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,220 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 28 December 2018 at 5:49PM
    2019 aims and totals:

    Totals:
    Debts at LBM - £34,557 ---- Jan 2019 - £21,040
    Mortgage (2018) - £119,124 ---- Jan 2019 - £117,196
    Car (2018) - £3,500 ---- Jan 2019 - £2,200
    House repair fund required (2018) - £7,500 ---- Jan 2019 - £6,282

    2019 payments.

    Debts - £21,040/ £21,040 - 0% cleared (£0 paid off)
    Mortgage - £117,196/ £117,196 - 0% cleared (£0 paid off)
    Car - £2,200/ £2,200 - 0% cleared (£0 paid off)

    Emergency Fund - £0/ £1,000 - 0% reached
    House repair fund - £0/ £6,282 - 0% reached

    Weight - Lose 28 lbs - 0/28

    Mortgage overpayments - £0
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • AdventureWanted
    AdventureWanted Posts: 1,474 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    You're doing really well Jwil. Hope you have a good new year and I look forward to cheering you on in 2019 :).
    LBM Aug 2017.
    Debt at LBM - £30,055
    Debt at highest - £43,148.59
    Current debt - £18,880.00
    EF - £1,000.00

    Challenges
    PAYDBX 2021 - #29 Pd £2,355 / £8,000 PAYDBX 2020 - Pd £6,459.00 | PAYDBX 2019 - Pd £16,945.60 | PAYDBX 2018 - Pd £15,010.60.
  • jwil
    jwil Posts: 22,220 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AdventureWanted wrote: »
    You're doing really well Jwil. Hope you have a good new year and I look forward to cheering you on in 2019 :).

    Thank you AW, you too :)
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • jwil
    jwil Posts: 22,220 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well I've made a start on my targets, lost 2.5lb :T To be honest it's probably a bit of a fake reading as last time I weighed in the middle of the day and this was early. I'll take it though considering I haven't really made an effort this week :D I'm going to switch to an evening class so it doesn't take up my weekends.

    2 people have paid up, so that's 3 items leaving today.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • in_need_of_direction
    in_need_of_direction Posts: 7,776 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You have really kept things on track over the festivities. Well one you
    Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge.
  • Aaleigha
    Aaleigha Posts: 615 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    Good luck with the targets
    And you have reminded me I will need an emergency fund, especially with moving

    Think I will slide all the odds from the bank accounts once a week to help build it quicker
    Emergency fund £10,000
    Several categories with savings in
    Cars, house maintenance, birthdays
    Etc I have about 10 categories

    Really happy to be debt free after being a compulsive spender
  • jwil
    jwil Posts: 22,220 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    in_need_of_direction wrote: »
    You have really kept things on track over the festivities. Well one you

    Thank you :)
    Aaleigha wrote: »
    Good luck with the targets
    And you have reminded me I will need an emergency fund, especially with moving

    Think I will slide all the odds from the bank accounts once a week to help build it quicker

    I've got a 'save the change' account which I am going to try and just build up next year to add to the EF.
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    Well done on the weight loss.......I'm dreading weigh in as I think I've ate my weight in food this Xmas period :rotfl:
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • HairyHandofDartmoor
    HairyHandofDartmoor Posts: 13,960 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You haven't been able to pay much off the debt in 2018, but you had to get a car and do work on the house. Hopefully 2019 will be a year when you make massive inroads into the debt.

    It's a shame you can't accept a F&F offer, but if they offer once then they'll offer again.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
    EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
    CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
    HOLIDAY MONEY = £0 TIME LEFT TO PAY OFF MORTGAGE = 5 YEARS 1 MONTHS
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