16,074.43 Wrong Decisions

jnrwrighty

Happy New Year everyone! now all the festivities are over i can now say am skint and hopefully not spend a penny haha

manage to put another £10.18 toward my smallest debt and if i can find another 26.34 i would have cut a whole month off the debt repayments. only issue I've notice is that I've put on a lot of weight recently due to xmas food! so working out is my main focus this month, i will aim to lose 10lbs from now until February

jubilee63

Happy new year jnrwrighty. Just read through your posts and would like to wish you well on getting back on track financially. You sound as if you are feeling back in charge of your future. Good luck with cutting out the alcohol too.

MeenaM

Happy new on the way to debt free year!

just wanted to wish you luck and say well done on your progress so far , you can do this!

jnrwrighty

Thanks Guys! not going to lie it feels great trying to sort this out instead of just leaving it!

just need to find some side projects that can make me some extra cash to throw at this debt!

jnrwrighty

Another month gone and more money toward my debts! manage to get my lowest debt down to 400 pounds now after it being 1k only 3 months ago.

this months additions was only 12.68 which is nothing compared to the previous months. this is mainly todo with Christmas and not having much spends left after the holidays.


already on my way this month with extra 3.75 toward my smallest debt and will be looking for more to put toward this debt in the coming weeks.

[Deleted User]

You're doing brilliantly, well done x

jnrwrighty

slow month with very little money left, with both my credit cards being over 25%+ i decided to increase my loan to pay off credit cards at a rate of 9.5 which will reduce my interest each month. I know this is not always the best method of getting rid of the debt but i prefer to have all the debt in one place and under a lower interest rate. i will give a update on my told at the end of the month with the new loan value and the new plan.

Just to make clear not more debt has been added just moving credit card debt into a loan payment.