The times they are a changing.

LW7

Well, I hope we all keeping safe, just an update from me. Well into lockdown and isolation, I've managed to save some good cash. 

My Credit Card is currently £239, down from over £2,700 at the end of March!. Of that £239, Ryan Air owe me £115, but for the time being are refusing to pay the money back, so I'm assuming the debt as mine. 

I have £240 in savings, and also £540 in Crypo Currency. 

So I shall see how I deal with May spending wise, and I hope to then use my savings to pay off the last of the credit card and then I can take the £115 Ryan air back as credit down the line, and also I have my Crypo savings!!

It's all going well!

LW7

Well a few more weeks in lock down has been great to me. It's unbelievable how much money you can save.
As I'm at the back of the RyanAir queue for a refund, I'm not hoping for my £115 back soon.
So as of today I had £246 in my credit card, and £230 in cash savings. I've paid my credit card off now fully, so tomorrow for the first time in a long time the balance will be zero.
I can't tell you how refreshing that feels, I will NEVER go back to that. 
So, over the next few months I'm due two sets of refunds, £115 from Ryan Air and £800 from Lufthansa, so £915.

I have £640 in my Crypocurrency wallet, which fluctuates between £540 and £660 depending on the price. 

I have no over draft and nothing on my catalogue account. I've asked them to reduce me to £50 credit, instead of £500 to stop me getting into trouble again.

This is a really great feeling knowing I have c£600 in savings, and £915 coming back to me! 

We even have a £1000 float in the joint account.

We plan to isolate in June as well, where I should be able to saving another £500 or so in the joint account and £500 or so of my own wages, taking my savings to around £900 available and £915 due back to me from airlines!

WOW!

Thank you so much for this forum, it really gave me the kick I needed and educated me on managing money more effectively.

Tahlullah.H

Congratulations on your fantastic progress.  

LW7

Tahlullah.H said:

Congratulations on your fantastic progress.  

Thank you!

Now to make some savings, and start mortgage overpayments!

savingholmes

You are doing really well. Glad the forum is helping. Building your EF to 3-6 months wages would be a good option too.

LW7

Just wanted to drop back into this for those that helped me and offered support along the way.

I'm still 100% debt free - and it feels great!!!

My £640 savings in my Cryptocurrency wallet grew to £3,300, and I didn't cash out, it's now suffering at £1,900 - gutted. however, I'm in it for the long game and there is talk of it making another run - so who knows. 

We have a 3 month E-F in our joint account now - never had this before, which is great and in addition I have £1200 separate savings in my name, and the wife has £2,700 in separate savings! 

So everything is feeling good right now!
Great forum! 

savingholmes

Glad you've stayed on track and grown your EF