Kevicho Update

Kevicho

Just wanted to post something as a record for future reference, and also if it gives anyone any ideas then cool.

Current SOA

Personal

Phone - 15pm - o2 monthly contract
Internet - 30pm - Zen internet - worth the money to me, as i use it a lot and there service and system rock.

Work (all claimed as expenses)

Travel 80-100 - (dependant on 4 or 5 week month) pm, (20 per week) I get weekly bus tickets which I can use on train and tram because i work and live across areas i am stuck with the extra 5 quid a week.
It is all classed as expenses as i contract, but its still coming out of my pocket.
Postage - 3pm have to post expenses to employers
Exam fees - 75pm, i aim to take one microsoft exam a month for MCSE certification, will boost my career and add qualifications to the experience i have

Loan repayment 255 per month - hopefully this will change

Income can be between 1250 and 16/1800 depending on whether its a 4 or 5 week month.

As it stands christmas is completely paid for, bar socialising, but i aim to have a quiet one this year.

I also recently have obtained a second current account from A&L just used for spending money, which i have now set up a standing order to pay money into every month.

This has no overdraft, and my premier account will be locked up in a safe place at home, and no longer be used.

Current cards/debts stand at

Egg card - positive balance of 75 pounds (dont ask lol)
Amazon card 0 - to be cancelled, used it for 10 pounds off at amazon for chrimbo shopping.
Loan - including this months payment should be a settlement figure of just under 6500.

New account will be R&B graduate account, which will have an OD limit of up to 2K (interest free), so i am planning on using that and combining it with a balance transfer (if i can get the fee down - researched other cards so have my figures ready) to a better rate.

I will then be paying bare min on egg (no figure yet) until the 0% offer runs out, and also will put a 100 back a month into the graduate account, to show im paying it back.

Then whatever money is left over every month will be going into savings (bradford and bingley account opened ) until it is time to pay off egg, leaving the graduate account.

My aim is april, but i think ive overestimated my earnings (damn new contractor laws) so may be May, but this is the start of the road home

mrsspendalot

Good luck with your April target Kev

In_Search_Of_Me

Can you not get the egg money back & transfer to the CC? Well done though, you're going great guns! Just beware the "nearly there!" feeling - I had it when I got my CC's down to 1700 & went mad for a bit and will be paying for a long while to come!

Kevicho

I had my loan down to 2500 in january, but my business and not working combined with a low patch sent me back to 8K again so i know that feeling already lol.

The egg money will pay for the balance transfer so im not too fussed about that, gives me a small start to work with

In_Search_Of_Me wrote: »

Can you not get the egg money back & transfer to the CC? Well done though, you're going great guns! Just beware the "nearly there!" feeling - I had it when I got my CC's down to 1700 & went mad for a bit and will be paying for a long while to come!