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Crunchy pays off the loan early, and other stories

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  • Evening all!
    Currently having a break from my assignment. Finding this own hard. I still have 1000 words to write and it’s due on Tuesday. I shall go for a run tomorrow and then focus hard on it all morning. And I want to do a masters!!!! I blow my own mind sometimes!
    The kettle blew up today so that is something I must start to shop around for. It lasted 6 years so its had some good innings.  I shall try and keep husband in check for a reasonable priced one.
    I really should start my Christmas shopping but I seem to have lost all enthusiasm! Maybe that can be my treat after I have finished this assignment!
    Right, better get back to it, it’s not going to write itself!
    Crunchy xx
    Good luck with the assignment. I have managed to do most of my Xmas shopping which I'm pleased about now as it's hard in lockdown to do it. Good luck. 
    *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/
  • Evening all
    Struggling with my mental health at the moment. So up and down and think it’s because of lockdown covid worry as I am in a good place at the moment. I don’t normally get this anxious. 
    There is lots of pressure at work and I am a people pleaser so I am taking in more trying to help out.  A lot of the students I deal with are anxious too so I am a bit of an emotional punching bag. It takes its toll. 
    My deadline for my assignment is today and I haven’t finished it and I don’t even care. Husband says that it’s because nothing is resting on it like future employment. I do want to complete it but I need to focus on my mental health and stop being a people pleaser. This is the ideal opportunity to learn how not to do that. I can’t be everything to everyone.
    Sigh! I need to grow a pair!!
    Crunchy xx
    Debt-free Jan 2023 | MFW date Dec 2033. Start date 1st January 2023 £257,509 (23 years left)
    Current Mortgage: £235,698
    Emergency Fund = £8,256 Target £10,000
    Currently paying off CC £1204 - Saved £100 so far


  • Can you ask for an extension?  Most HE places are being flexible at the mo.
    Congrats on debt reduction, £5K is great in 9 months :)
    DFD March 2025 (£35000 paid off)
    FFEF £10000/20000 saved
  • Sorry to hear you are struggling Crunchy. ⚘ You aren't alone.
  • It’s a tough time and just know you’re not on your own. 
    April 2020 - £102,222 Loans/CC’s.

    Jan 2022 - £0
    Cleared - £102,222

    Jan 2022 - Now time to build suitable investments and a business!
  • t2rry
    t2rry Posts: 1,078 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry to hear you're having a tough time, crunchy.  It's a funny old world at the moment, I love being home so it's weird to think it's even acceptable to find aspects of it difficult but I absolutely do...same storm, different boat... 

    Hope you've sought an extension, look after yourself :smile:
    Debt Free I FFEF I Building Savings I 2025 Plan:
    1. Regular Savings £8,200/£10,000
    2. Slush Fund £3,800/£10,000

    Save £12k in 2025 - #50 - £12,000/£20,000 (60%)
  • Well done on the debt 😃 l am hoping to be in ther 8s by the end of the year. 
    Also great news you're feeling better 🙂 
  • Just got to wait until 1st December then another £600 can come off. Should be in £6xxx by the start of 2021!!
    Weve had two positive cases at school now. Tricky times. 
    Crunchy x
    Debt-free Jan 2023 | MFW date Dec 2033. Start date 1st January 2023 £257,509 (23 years left)
    Current Mortgage: £235,698
    Emergency Fund = £8,256 Target £10,000
    Currently paying off CC £1204 - Saved £100 so far


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