Debt free Lightbulb moment.

Blue_Monday_girl

My debt app shows I’ve now paid off 4.74% of my total debt. I know it’s not much, but it’s a start....I’m getting obsessed with numbers and want to just plough everything into getting rid of this debt.
I must remember it’s a marathon and not a race.....only spend today was binbags - how times have changed. Last year I would have been out thinking we deserve a treat, it’s Christmas....let’s eat out whist checking the sales out. This year it’s our preplanned shepherds pie and making dens with the kids. You know what, this year has been much more enjoyable!

Mum.Wife.Me.

Good Luck, looking forward to following your progress x

Blue_Monday_girl

Thanks it’s daunting but feel really determined

Aaleigha

Blue_Monday_girl wrote: »

My debt app shows I’ve now paid off 4.74% of my total debt. I know it’s not much, but it’s a start....I’m getting obsessed with numbers and want to just plough everything into getting rid of this debt.
I must remember it’s a marathon and not a race.....only spend today was binbags - how times have changed. Last year I would have been out thinking we deserve a treat, it’s Christmas....let’s eat out whist checking the sales out. This year it’s our preplanned shepherds pie and making dens with the kids. You know what, this year has been much more enjoyable!

How long did it take you to pay off that percentage of debt because it is a great achievement' don't sell your self short
And remember each month paid will bring next payment down so the percentage paid off will start to go up more quickly

pidge04

You are off to a flying start!
Well done. Do you have anything you could sell on eBay, Facebook Marketplace etc? I found it really motivating to get small chunks of money in to pay off my debt.

Blue_Monday_girl

Thanks Aaleigha. I was lucky enough to get gift vouchers from work and family so instead of frittering them away as I used to, I’ve taken that amount to use for food shopping and transferred the same amount to pay off the credit cards. It’s a one off but I’m pleased with the progress already.

Thank you Pidge04 - a great idea. I’m finding it all very exciting at the moment seeing the figures go down and thinking of ways to save more. Any ideas are always greatly appreciated.

Well I think the next step will be to start selling bits. I’m thinking my cross trainer as come the new year every one will be wanting to get healthy. My youngest really needs a new bed so instead of putting the amount on credit cards I may have to use this money for the bed.
I’ll just have to take the dogs on longer hikes for fitness - I’m sure they will be willing fitness partners

Blue_Monday_girl

New Year new targets to set....

With our new meal budgets / plans in place and also keeping a very close eye on what the hubby is spending, I hope to be able to pay off £400.00 this month on the debt.

The budgets are all very new and not “tried and tested” as such so for this month it’s an approximate amount until I get to the end of the month.

Almost a no spend day today - we went to a charity event which the kids loved and the £5.00 we spent went to a good cause.

Meal planning again tomorrow along with taking the Christmas decorations down.

Blue_Monday_girl

No spend day today. Blinking hard though when the kids are still off. Camp making, board games and homework. Looked at hubby’s finances last night and he’s already overdrawn....Considering he earns almost 3 times what I do I find this frustrating to say the least! He should have over £400.00 left after expenses. He’s main downfall is eating out whilst at work. I made him a packed lunch today with the threat that I’ll be checking his current account each week to keep an eye on his spending. I’m calling this financial Wednesday and statement checking will be accompanied by Mexican food!! :rotfl:
Still, I’ve worked out after digging himself out of his overdraft he should be left with £150.00 next month for debt payments.
I must admit I’m concerned about our mortgage - this is the main reason I’m trying to tackle our debts - it’s up for renewal from our fixed in September and what with the uncertainty of Brexit I want to have the best rates available to us. Our credit rating is very good (showing as 999) however we we do fall short in one area because of the amount of credit we have. I’ve been advised if we knock the debt right down it will open us up to better rates. Here’s hoping :money:

LondonGirl252

Hello!


Im recently back to the forums after getting back into a little debt recently so subscrbing to follow your journey, love your enthusiasm and determination!


My tips from getting out of debt a few years ago is to keep up being in the detail on every penny.
Step back and look with fresh eyes every now and then.
Get inventive with socialising & don't be afraid to tell your friends why you need to cut back, they will support you


LG x

mark55man

Hi Blue Monday - you are lucky to have LG252 on the case - everyone has a different style, but some are - well - more stylish :-)