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1 debt vs 100 days chapter 34
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Hey @bigbeff it’s a tough time for a lot of people right now, you certainly won’t be the only one. Maybe you could use this time to review your SOA and look at your other priorities in terms of spending, to see if there are other savings you could make, or look at jobs to see if you can get more income once the world returns to normal?
I’m one of the lucky key workers that continues to go to work and to get paid. This week I’ve paid £310 off my final credit card, so now at Now at £2627.34/£1793.04. I’ve got another £1490 to go on this card and then on to the car loan and the chunky family loan!<a rel="nofollow" href="https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1">https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1</a>
True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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morning
day 76
sent £106.60 towards the hubby's card
brings my total to £4776.22 / £2850NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
I paid another £250 to my credit card today, so now at £2877.34/£1793.04. I may have the odd payment here or there but I suspect this will be very close to my final total for this challenge. I have £1240 to pay off this card, which might have to be the focus of the next 1 debt vs 100 days challenge!
https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1
True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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morning
Day 77
Sent £20 towards my debts
Brings my total to £4796.22 / £2850
Nearly £2k over my target.....feels good xx
Hoping to have completely cleared hubby's card before the end of this challengeNEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
So, pleasant surprise, my savings account matured so have paid off my loan and the majority of my overdraft. Means I have very little left in savings but with things the way they currently are, I prefer that to paying interest
so now my target is to pay off my overdraft £237 and then I'll just have my mortgage and interest free credit card to battle! Oh and try and build a little savings pot again - anybody requiring an online maths tutor, please get in touch
Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)- DFD: September 1st 2023[/b]
Savings diary: https://forums.moneysavingexpert.com/discussion/6472040/time-to-build-my-future#latest
1 - DFD: September 1st 2023[/b]
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morning
Day 78
Sent £794.99 towards the hubby's barclaycard.......determined to get this card gone
Brings my total to £5591.21 / £2850NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
Morning
Day 81
Sent £10.76 towards hubby's card
brings my total to £5601.97 / £2850NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
I feel like I have spoken too soon! I took a look at the DDs still to come out of my account and sent another £100 to my CC, meaning I am now at £2977.34/£1793.04. Maybe I can find another £20 before the end of the challenge to pass the £3000 mark?! I have debated using some of my EF to pay off debt. I currently have £700 put aside, £500 in an EF and £200 for annual expenses. I've considered dropping my EF down to £250 an pay that off the credit card...….
https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1
True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
0 -
morning
Day 82
sent £2.57 towards the barclaycard
Brings my total to £5604.54 / £2850NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050 -
Morning Day 83
Sent £10 towards hubby's card
brings my total to £5614.54 / £2850NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.050
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