2020 time to change

Rgib89

Just had a read through your diary, your doing amazing with debt busting. You should be proud of how far you have come.

savingholmes

Keep plodding. You are heading in the right direction

EchoB

Thanks @Rgib89 and @savingholmes not sure how I managed to miss your comments! It’s always nice to see someone has dropped by.

i didn’t have anything exciting or interesting to update with hence my silence!
 
I have to confess I ended up dipping into my overdraft this month so I am cross with myself. It was my interest free buffer though, and I did leave my EF untouched which I am pleased about.

I am so glad it’s payday today! I will update my numbers tonight. I think June will also be a tight month, but I’ve proven I can do it in May.

I need to renew my car insurance in June 😱 never an enjoyable process. This highlights my poor budgeting skills as I kind of forgot about it. From August I am going to start building up pots. I think things are going to be tight until I’ve cleared CC3 so once that is out of the way I am going to work on having money in advance for things rather than having a reactive scrabble for money.

savingholmes

Good luck with getting the money together for the car insurance. Have you got a plan? Do you do surveys and receipts scanning, £co etc?

EchoB

Hi @savingholmes, I don’t have £co, and I don’t scan receipts either. (Hangs head in shame!)
I have got quotes which are less than the renewal, but am going to do all of the comparison plus Aviva to make sure I get the best offer.

EchoB

So another month has passed here are my totals,

Loan 1, £12,200 from £14,396
Loan 2, £13,604 from £15,000

CC1 £0 from £4,022
CC2 £4,140 from £4,397
CC3 £1,012 

Total £30,956 from £37,816 18% gone.
Not the best month, but certainly not the worst!

Positives are I now have £453 in my EF. I haven’t touched it which is positive. I will use this to clear CC3 at the end of July then rebuild and keep it.

Negative is that my car insurance is due and I don’t have anything budgeted for it. my plan is to put it on my credit card, pay half now and half next payday so i won’t incur interest as I will pay the statement in full. Does that make sense? 

I really am aware now that I need to properly budget for things and have pots etc rather than just winging it. So once CC3 is gone that is my plan! 

Hope all is well with everyone (assuming someone might read this 😂).

savingholmes

I could pm you a £co referral link. You can be paid for stuff to you do anyway. I have had over £1800 just from there

EchoB

@savingholmes that would be great thank you.

bd80s

Some good progress going on there and you are building on your experiences and seeing the bits you need to tweak to build up pots, its all a learning curve  
That's a great EF and your total is coming down nicely yay!

savingholmes

Thanks Echo I've just sent you a PM. We've had £42 back from £co just this month - mainly from a bed we bought earlier in the year and DH has just had £95 from a BB switch. These things can really add up.