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Last £5000 to clear
Comments
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Thank you! Yes, me too. Its so satisfying to see a positive balance, right? We will achieve it. All the best to you.WhySeaEm said:
This is brilliant, well done you!!pidge04 said:Thank you so much for the support. I massively appreciate it. Thank you.
I'm 9 days away from being completely overdraft free for the first time in many, many years. I owed £1750 in overdraft debt when I joined these diaries. I'm about 45 days away from being loan free. I've had that loan for nearly 5 years and it was a loan which I couldn't afford. Can't wait to be free of these 2 debts!
I can't wait to be overdraft free.Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.3 -
Be fab to get out of OD completely. You've come such a long way too.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise)
(If bigger lump sum £15.8/30K 52.67%)
5) SIPP £4.8K updated 29/7/251 -
OVERDRAFT GONE!
1 MORE LOAN PAYMENT LEFT!
Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.7 -
Feeling pretty emotional about my final overdraft being paid off today. When I joined these diaries in 2018, this felt such a long way off. One more loan payment feels great too …. I've struggled to pay that for the 59 months I've had it to be honest. It will feel fantastic to clear that next month. Then, it's full steam on clearing my credit card and building an EF. I have £1215 in a Help to Buy ISA. Not sure I will ever be able to buy especially in this recession but I am pleased to be saving.Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.5
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Well done that's great news you are doing so well. Just keep saving in the ISA it's generally a better interest ratw and you never know what's going to happen in the future*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8040/£11641.17*
Savings
*Savings Buffer - £100/£1500
*Emergency Fund - £1500/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/3 -
Congratulations you have done so well.Starting Total in September 2019 = £38287.77
Current Total = £25534.10
33% of debt paid off so far
Debt Free by Christmas September August July June 2023!3 -
Have been reading along for a while and just wanted to add my congratulations to clearing the overdraft and getting so close to the loan going too, you've done amazingly well 👏👏
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Yay! Fantastic news Pidge! The relief you're feeling must be immense. I'm emotional for you! Well done lovely.
Don't be worrying about the help to buy isa. You've got 10 years to work that one out.
You've have managed this all on your own with no help. Just pure determination and sacrifice. Well done!!! XxxLoan 1 £5200/£8000
Loan 2 £300/£5800
Total £5500/£138003 -
Well done. I've only just started reading your diary. You've done brilliantly. I've bookmarked your diary to carrying on following you.3
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Congratulations, you must be buzzing. Think how amazing you'll feel when the last loan payment goes out of your account.5
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