Debt free before August 2023

Poppy1984

Pay day has been and my next loan payment has been made, taking my loan and total debt amount down to £18,197.

I'd love to over pay by £198 this month to bring it below £18,000 before the next loan payment is due (16th Jan) I don't think I'll manage it with it being Xmas and there so much going on but I'll try my best.

I felt a bit better when I got my total debt below £20,000 my next goal is to get it below £15,000 I feel like that will be a bit more of a manageable amount.

I'm so impatient I just want to be debt free NOW it feels so far away and so out of reach at the moment.

doingitanyway

i understand totally. I paid off 24,00 in 1 year and 10months and it was hard and I felt low sometimes. What helped me was to create a sod it/treats fund. Without that treat fund I don't think I would have made it. Good luck and well done on your achievements so far.

Poppy1984

Just made my first overpayment, I cashed out from prolific and made an overpayment of £6.47

£191.53 left

Poppy1984

I don't believe it! I've just received £20 compensation for something I didn't think I'd get so I've paid it straight off my loan.

£171.53 left to overpay

Poppy1984

doingitanyway wrote: »

i understand totally. I paid off 24,00 in 1 year and 10months and it was hard and I felt low sometimes. What helped me was to create a sod it/treats fund. Without that treat fund I don't think I would have made it. Good luck and well done on your achievements so far.

Thank you for the message, I love the idea of a "sod it" treat fund! How did you decide how much and how often to save for that?

Wow well done that's an amazing achievement!

[Deleted User]

Well done on your overpayments x

Poppy1984

SSDD23 wrote: »

Well done on your overpayments x

Thank you! Desperately trying to think of other ways to get some money together for more overpayments!

Poppy1984

Just received £40 cash back from Quidco that I got when I changed broadband providers in July and had only just cleared so I've paid it straight off my loan! So that's just another £131.53 to find before 16th Jan.

I really find writing in this diary focuses my mind.

[Deleted User]

Poppy1984 wrote: »

Just received £40 cash back from Quidco that I got when I changed broadband providers in July and had only just cleared so I've paid it straight off my loan! So that's just another £131.53 to find before 16th Jan.

I really find writing in this diary focuses my mind.

Me too, I end up waffling a lot but I don't think I'd be anywhere near where I am along my journey without having a diary bonus on the cashback x

Poppy1984

SSDD23 wrote: »

Me too, I end up waffling a lot but I don't think I'd be anywhere near where I am along my journey without having a diary bonus on the cashback x

Thanks for popping by I'll check your diary out when I get chance. I tend to start reading dairies then get a bit lost of where I'm up to lol