Sorting out the mess 'past me' got me in to, for a happier 'future me'

FOMO_overspender

Ok so payday today! 

Paid £100 to cc, so that’s now £1,400 & regular payment to loan will come out on 1st. 

Managed another NSD today so that’s three in a row! Need to get some groceries tomorrow though but trying to keep as low as possible. 

The temptation to use EF to pay off £1k on cc is high so keep reminding myself that cc is on 0% so just keep plugging away and keep EF for emergencies!! 

FOMO_overspender

Been a LSD today as had to go and get some top up shopping but I made myself walk to Lidl instead of going to the smaller Sainsburys nearby, so only spent £13. 

Managed to do some surveys and I am now close to £5 to cash out. Going to put all these small bits of £ as they come in towards to loan. 

EF firmly still @ £1k and my monthly £50 to my LISA is due on 1st. Once my cc is gone, I’ll up LISA to £150 and then one loan do the max monthly to get the full £4K a year. 

Still on track for DF date of Dec 2022 but trying to shave off the time by overpaying whenever possible. 

FOMO_overspender

Happy Friday!

Cashed out some £ on Prolific and also got a bank account reward £ so paid off £8 to my loan. Got the regular payment coming out tomorrow so can then update on figures.

Got an extra long weekend as had some annual leave to use, so off for nest 5 days! 

Got a haircut tomorrow which is all budgeted for and can’t wait! It’s been forever since I had my hair cut.

Going to try & do extra surveys etc whilst off to chip away at the loan. 

FOMO_overspender

This month feels like it is flying by already! Here are April month end totals:

• CC: £1,400 (-£100 from last month) 
• Loan: £10,437.91 (-£515.23 from last month)
• Total remaining: £11,837.91
• % of debt gone forever: 55% 

Feels great to have come under £12k this month and over 50% gone! I am hoping that by chipping away at the loan, I should be able to bring my DFD earlier than Dec next year, but overall just glad that I am on track still as it has felt quite tough since moving home and things opening up again!

Goals for May include: 

• Keep doing as many surveys as possible - I have over £5 pending, so off to a good start! 
• Look for new ways to spend less/create additional income (e.g. cashback apps, vouchers, using discounts etc.) 
• Keep chipping away at loan (e.g. using survey £) 

Debt_Me_Out_Of_Here

Hi Fomo, I've just come across your diary and have ready it all start to finish (procrastinating on some work I don't want to do haha). You have done so well in the past year to halve your debt in such a small space of time! I've bookmarked and will follow along.

FOMO_overspender

Debt_Me_Out_Of_Here said:

Hi Fomo, I've just come across your diary and have ready it all start to finish (procrastinating on some work I don't want to do haha). You have done so well in the past year to halve your debt in such a small space of time! I've bookmarked and will follow along.

Thanks so much for reading through and the support, it's much appreciated! Spooky timing too as I was also reading through your diary too (loving your username too!). Thanks for following along, it's mostly me going back and forth between saving an EF and then paying it off my debt and then saving it back up!!! I have bookmarked yours too

Debt_Me_Out_Of_Here

Haha that's a funny coincidence!

FOMO_overspender

Happy Monday everyone! Quite a MSE weekend with not many plans and a NSD yesterday. 
I have made some overpayments to my loan since my last update, so here are latest figures: 

• CC: £1,400 - same. This is on 0% and £100p/m will see it all gone before the 0% changes 
• Loan: £9,980 
• Total remaining: £11,380

Surveys have been coming in quite a lot, so been paying little bits here and there. I also saved some £ on a budgeted haircut, so put the rest I had budgeted to the loan. Me and my housemate have been coordinated with grocery shopping and we also sold some stuff from our house, so also overpaid £ what I would have used on food shopping etc as well. Really want to hit the £10k mark soon, so trying to do as much as possible to save £, make additional income and pay the debt down. 

FOMO_overspender

So whilst updating my signature, I realised I have now paid off just over £15k 🥳🥳

Rgib89

Wow well done with paying so much off.. x