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CreditCardJunkie's back again...
Comments
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vic38 said:Well done on reducing your debt and on birth of your daughter (bit late but only found you this morning!). Going forward I really recommend using different pots for all of your regular expenses. I've been doing it for 3 or 4 years and it makes a huge difference to my ability to budget properly. I have standing orders to transfer amounts to savings accounts within same bank (I use First Direct) each month, straight after pay day: Car/Insurance (covers MOT and Servicing too), Clothes, Gits/Xmas, Holidays, School extras, Haircuts to give you an idea. Initially it was a bit of a balancing act to get it right but now I wouldn't do it any other way. All the best for your return to work or furlough and well done on staying focussed.Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage0 -
just read your whole diary, wow, you have done well, especially with the unforseeables!
have you got rid of your nationwide CC, as in, cut it up? i think you would manage without it, you have just got into the habit of juggling
good luck with the job/ childcare etc. glad you are enjoying your little one.1 -
curlytop12 said:just read your whole diary, wow, you have done well, especially with the unforseeables!
have you got rid of your nationwide CC, as in, cut it up? i think you would manage without it, you have just got into the habit of juggling
good luck with the job/ childcare etc. glad you are enjoying your little one.
Hopefully when I get back to work I can build a 1k emergency fund (same as the limit on that card) and then I'll be confident enough to get rid of it.
Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage0 -
Wanted a more round number so paid £30 off to make the debt total £450.
Savings are down to £130, because of the extra £30 & I had good fun buying some much needed new clothes online & birthday present bought this month.Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage0 -
Are you paying interest on the debt? If so then be worth keep paying it off. If not is it worth getting an emergency fund together first?*Dad loan - £5300 - £5900
*Virgin Credit Card - £3552.50 - £0 - PAID!!
*Natwest - £1828.35 -£975.00
*Total debt - £6875*
Savings
*Savings - £2500/£2500
*Premium Bonds - £100/£1000
*Mortgage Overpayments - £0/£950
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/0 -
Sarahwithlove said:Are you paying interest on the debt? If so then be worth keep paying it off. If not is it worth getting an emergency fund together first?Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage0 -
Patiently waiting for payday to roll around to see what my pay will be to see if I can clear the final 450 or not this month.
I've paid for new brakes for my car and paid towards a plumbing emergency repair out of my savings which are now back to almost 0. But I haven't had to use my credit card. I feel like a reformed character! DH had to replace an alloy and 2 tyres this month too which came out of his savings. I really feel that we have came a long way, especially to clear debt on maternity. We still have the boiler to address, but it's 0% to Jan 2022 & I will focus on that from end of June when I get back to earning again.
After a bit of a rough week, I'm feeling positive today 🌈Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage0 -
Anddddd I have paid my last £450 🎉🎉🎉🎉🎉🎉🎉
I did get paid less than I expected but I still had enough to cover the last of my personal debts My journey isn't over yet. We have a little joint debt to tackle so I'm going to start a new journey as I feel like I'm entering a new chapter!Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage1 -
Congratulations that's great news. How much is the joint debt? Will hubby contribute towards it?*Dad loan - £5300 - £5900
*Virgin Credit Card - £3552.50 - £0 - PAID!!
*Natwest - £1828.35 -£975.00
*Total debt - £6875*
Savings
*Savings - £2500/£2500
*Premium Bonds - £100/£1000
*Mortgage Overpayments - £0/£950
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/2 -
Thanks Sarah I'm buzzing He will yes, I've started a new diary for it! It's £2334 all at 0% so we're going to focus and get some savings together for a decent EF!Debt Free as of December 2020 👏
Save 12k in 2024 #25 - £500 / £2000
MFW - 18 months shaved off the mortgage1
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