Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.
1 debt vs 100 days chapter 34
238 replies
5.3K views
Quick links
Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support
Replies
The smallest debt in my snowball is my Halifax CC, £1793.04. I'd like to smash through this over the next 100 days. I doubt I'll get it all paid, but I'm going to work my socks off to get it as low as I can. I'll aim to do this with zero based budgeting, a bit of side hustle cash and surveys. I'll also have two months council tax free, which will go straight to the debt.
https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1
True LBM, December 2019 = £32934. Current Debt = £18277. 1% Challenge = 44%. #304 £1000 EF challenge = £800
EF £250 . SPC 039
# savings# £1026. Savings 2 £31.50 H2S £100.50
I am going to aim for 2500 into my savings.
That is what I should have by then.
thank youX
Emergency fund - 1100, Deposit - 800, Insurance and Christmas -300 , House - 5533
I want to be DF by the time I'm 40 in Feb 2025, so 5 years away. The loan is over 6 years, so I need to make overpayments! I'd also really like to clear it in 4 years (or less!), so I can start saving for the future, and look at the mortgage maybe as well:j
1 debt vs 100 days #14 20/1000
Saving for Christmas 2020 50/500
EF Saving 285/500
Day 1
Sent £7.40 towards my very account
Want to clear this before I tackle the Halifax amount as it's only a small amount
Brings my total to £7.40 / £2850
POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18
POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
Totals £50/£1930
Stay safe everyone with this storm starting to come over here now.
Mortgage free Oct 2019:)
EFund/savings £13000 a01/01/21
Rent arrears £800.00
Well done for everyone who already started the challenge!
Gaining assets :T