Every debt this debt will go down

NeverendingDMP

Hello all. Ive had a diary before and I think Ive
done well so far but Im starting afresh. In my last diary I was all in a tizz about how to afford a particular thing. Ive done really well in a self managed dmp but recently have been dabbling in credit and it doesnt suit me. I survived a good couple of years without access to credit and this past 12 months ive been dabbling again. I got a c card to travel abroad with this time last year and now I have 3...
Im putting a stop to it and am back to debit card only for the forseeable.
The positive is that in Jan 2018 I owed 35213 and i now owe 18725. I owe this together with DH but he isnt that interested so im the one organising it all being repaid.
9922 in my name 8803 in his.
As the thread title suggests everyday day it will go down. Starting with todays pay a day of 43 pence:rotfl:

NeverendingDMP

My SOA is fairly tight so I dont think I need to post it at the moment. My tax credits are changing continously due to varying income so it wouldnt make much sense anyway.
I go up a little bit in pay next April so will probably post one then if only for you all to point out any errors.
My smallest balances are 27 then 71 pounds. Ill aim to pay this off in full next month. Any pay a days will in theory reduce my debt every day.

[Deleted User]

How have you managed to get the debt down so quickly? You're doing really well.

NeverendingDMP

Id love to say i paid it all but ive done 3 full and final settlements since jan 2018 which has knocked the debt owed down Theres also been hard graft, hard saving, pay a day and having jobs numbers two and three on top of my day job. In all honestly the main sucess this year was settling a 11000 odd debt for aprox 3350. This really made it possible for me to think that i actually could be debt free...eventually.

NeverendingDMP

Apologies by the way. I type of my phone so am lazy with regards to apostraphes and despite my best efforts my phone is not friends with the quote bubble to reply to anyones comments x

[Deleted User]

What's pay a day?

NeverendingDMP

Rounding my bank account down. I think people call it tilly tallying as well. Im not sure if i call it the right thing but basically if i log in my bank and its got 10.34 in i send the .34 to savings or debts. Eventually those pennies add up. It becomes habit after a while for your bank account to always end in zero. When i do my monthly budget i round everything up to the next pound to make it easier to add up so it normally works out ok to then take back the random pennies. I also pay 7 pounds a week via standing order to my emergency fund. Its not a lot but you get used to it leaving your bank account and it builds up gradually

NeverendingDMP

So ive signed up to the grocery challenge. I did it earlier in the year and it does keep you focused. My weekly food budget is 100 for 2 adults kids. Dh gives me housekeeping money from his wage on a friday so i use that as my reset day. I have 400 to last till 26th of november. I had bought halloween sweets already but DH and kids appear to keep finding and eating them so may need to buy more.Aaaargh

magicgirl

NeverendingDMP wrote: »

I had bought halloween sweets already but DH and kids appear to keep finding and eating them so may need to buy more.Aaaargh

This always used to happen to me! This year is a little easier for me as only me and kids now but they recently packed a load of goodie bags that are now boxed up ready for the trick or treaters.



Its kept them from randomly dipping in to stock I wold have normally put aside that they would have treated as snacks for home.

NeverendingDMP

Thats a good idea magic girl. We get lots of kids locally so its best to plan. Doesnt help that our local aldi already removed the halloween chocolates a few weeks ago to put the christmas stuff out.

NeverendingDMP

So a regular d debit has gone out for a debt and ive rounded my accounts down. My debt is less than yesterday but the grand total of 7 pounds. Wahoo.
Off with kiddies today so may venture out. If only to ignore the washing, housework etc