Starting on the Debt-Free Journey

horseeatsallmymoney

Sold something on Facebook yesterday so £110 taken off the total which makes me feel like I'm getting somewhere.
I realised I was counting my Plum credit card pot as part of savings which isn't really accurate so new totals below. 
Debt: £10,488.36
Savings: £615.89
It means I can definitely break the 10k barrier next payday!

ImpulseSpender

horseeatsallmymoney said:

Sold something on Facebook yesterday so £110 taken off the total which makes me feel like I'm getting somewhere.
I realised I was counting my Plum credit card pot as part of savings which isn't really accurate so new totals below. 
Debt: £10,488.36
Savings: £615.89
It means I can definitely break the 10k barrier next payday!

Great amount earned from Facebook, well done!

Yay for being able to break the £10K barrier next payday, only 9 more days to go....

enthusiasticsaver

Good progress that you have paid off almost 20% of your debt in just those few months since February.  Getting below £10k this month is a great result.  Just think how much better your position will be once the debt is gone. You are doing well on building up savings too. 

blah1234

horseeatsallmymoney said:

NSD today. Saw my Dad for the first time since December today which was lovely! Drove over to a country park near him with husband and the dog and spent an afternoon in the sunshine having a socially distanced picnic  

I’m very lucky that my job is secure so I feel like lockdown is giving me time to get myself sorted with my finances as I’m not paying out to commute, not tempted by buying lunch and don’t have to pay for dog care on the days husband and I are both in the office. Trying to see the positives in the situation and today has been a lovely day 😀

Hi, good luck with your journey, I'm sure it will work out. Sounds like  you have a really good plan in mind.
I am in a similar position where with secure jobs, lockdown is really giving me the chance t sort finances out so we can come out the other side better and more financially secure.

horseeatsallmymoney

ImpulseSpender said:

horseeatsallmymoney said:

Sold something on Facebook yesterday so £110 taken off the total which makes me feel like I'm getting somewhere.
I realised I was counting my Plum credit card pot as part of savings which isn't really accurate so new totals below. 
Debt: £10,488.36
Savings: £615.89
It means I can definitely break the 10k barrier next payday!

Great amount earned from Facebook, well done!

Yay for being able to break the £10K barrier next payday, only 9 more days to go....

With the total as it stands today, I'll get it down to just under £10k, but hopefully with the no spending during lockdown I can take another couple of hundred off.

enthusiasticsaver said:

Good progress that you have paid off almost 20% of your debt in just those few months since February.  Getting below £10k this month is a great result.  Just think how much better your position will be once the debt is gone. You are doing well on building up savings too. 

I can't wait to be rid of it. All the things I could do with £500 a month, it seems ridiculous to have got into this position but the debt built up when I was earning significantly less than I am now.blah1234 said:

horseeatsallmymoney said:

NSD today. Saw my Dad for the first time since December today which was lovely! Drove over to a country park near him with husband and the dog and spent an afternoon in the sunshine having a socially distanced picnic  

I’m very lucky that my job is secure so I feel like lockdown is giving me time to get myself sorted with my finances as I’m not paying out to commute, not tempted by buying lunch and don’t have to pay for dog care on the days husband and I are both in the office. Trying to see the positives in the situation and today has been a lovely day 😀

Hi, good luck with your journey, I'm sure it will work out. Sounds like  you have a really good plan in mind.
I am in a similar position where with secure jobs, lockdown is really giving me the chance t sort finances out so we can come out the other side better and more financially secure.

Thanks for the good wishes! Good luck with your journey too

horseeatsallmymoney

£112 on vet bills this morning for the next 6 months of flea and worm treatment for the dog 
I am due back £1.20 in cashback though as bought it through a work benefits system which is better than nothing!

horseeatsallmymoney

Payday today! Woo!
Credit card statement isn't generated until the 4th, so no debt-busting news, but I have allocated all my money to my Monzo pots for the month so I'm ready to go!
I can't wait until my statement is generated and I can make the payment which will take my debt to under £10k (£2 under, but I'm counting it as a win!)

Poppy1984

Wow!!! Thought I'd pop by and check your diary out since you kindly commented on mine. You are smashing it!!! 💪💪💪 I cant believe how much you e paid off since February amazing results!!! Well done for bringing your debt within 10k that's my next goal which I'm hoping to reach by the end of the year. 

I know what you mean it makes me feel ill how much I am paying towards debt every month. How happy are we going to feel when that money becomes ours to spend on whatever we want

poppy

horseeatsallmymoney

Still waiting on my CC statement to be generated, but the CC savings pot on Plum had got to my goal amount, so £105 paid off.
I've also started cycling where I can to save money and get a little fitter- 26km cycled yesterday so that's got to have saved a little bit!

horseeatsallmymoney

Credit card statement was issued today, so I could finally pay more off.
Another £500 paid, breaking the £10k barrier! I've now paid off 25% of my debt and it's down to £9,883.36. I'm so pleased, although there's still a long way to go!