Wobbling my way out of debt

Sarahwithlove

That's amazing well done what an achievement you must be so pleased. 

Kitten868

Well done and congratulations!!! Thats fantastic news xxxx

astrocytic_kitten

Well done!! I remember your diary being so helpful when I was starting out and having my own wobbles, it reassured me progress was still possible. So pleased you’ve reached debt freedom!

findingthisdifficult

Thanks everyone, it's a funny old journey and certainly weird not having those balances hanging over me. 

Lookafterthepennies2020

Just out of interest did you build up any savings or focus on clearing the debt, I always doubt which way I'm going lol 

findingthisdifficult

@Lookafterthepennies2020 it was a bit of both, I tried to get savings up to £1000 and maintain that as I felt that would cover me if my washing machine broke or something like that.  There were months where I didn't add to household savings but saved for Christmas or outings.  Once I paid the interest bearing loan off in August last year, I started to put more in to savings and paid chunks off the interest free CC balance.  I just worked month to month, as the budget would vary depending on things like how many weeks were between pay days, if I had to pay my car tax, if it was a council tax free month, birthdays/celebrations etc  

Lookafterthepennies2020

Thank you it's interesting to hear how people approach it I think next things for me is to clear the high interest cc, then some savings, then back to overpaying. Thanks for sharing  

findingthisdifficult

Lookafterthepennies2020 said:

Thank you it's interesting to hear how people approach it I think next things for me is to clear the high interest cc, then some savings, then back to overpaying. Thanks for sharing  

This sounds like a good plan, good luck! 

lucielle

Massive congratulations and well done!!!
L

findingthisdifficult

lucielle said:

Massive congratulations and well done!!!
L

Thanks @lucielle