Cleared

BellaLasagna2018

Well done on your progress so far. 

Just one point from me: would your wife not be willing to give up a holiday for one year in order to help you pay your debt quicker? It seems a shame that you have worked so hard so far to then put what? a couple of thousands back on your debts for the sake of a holiday, doesn’t it? 

BellaLasagna2018

Evenstar20 said:

Doing the above for 2 of my credit cards is a massive reality check!! Mainly because out of £2500 worth of CC debt I can account for about £540. The rest has been blown on anything from fast food to wasteful £5-20 purchases! Shameful!

I'm going to do the rest tomorrow as I'm finding it quite useful! I won't be sharing on here like the Argos one as it would be too much detail and certainly more than I'd want to share.

It’s easily done because paying with « plastic » doesn’t fell like using real money! 

BadBookkeeper

I did this a few years ago and put a years worth of credit card spending into categories and used those totals as targets and figured out what to do the following year.  Christmas was one big category and so that was my first target to pay off and I then set up a standing order to save money for the next one to stop it happening again.  It’s a good motivator 

savingholmes

If you identify what got you into debt you can start to change so that should help. Well done on progress so far. Seeing what you can sell can give a morale boost if you achieve it. Tackling one main debt at a time helped motivate me. I'd focus on the highest interest.

My progress rocketed when I mostly moved away by from new debt ie if I can't pay it from my savings or in month don't get it unless it's a safety issue.

We paid off debts higher than yours. It can be done if you stick with it.

TheAble

Evenstar20 said:

Just been going through my book collection sorting them into 2 piles. One are the special ones (for differing reasons), the other is ones that I want to read but then once read sell if they have value or as is often the case give them away. 

I have done a count and the numbers almost go hand in hand with the frivolous spending I've done for years.

I've got 43 Books that i have read and will be keeping.

I've got 221 that i haven't read!!!! Of those I won't be keeping about 80 of them. 

Now aside from giving the impression my house is a mess (It's not ,most of the books I won't be keeping are in storage in the garage.) I've still got a lot to read but I'm still tempted by more books!! This is what i need to work on. I had a NSD today and will be starting one of the books tonight. I finished the one I started last week and really enjoyed it, that's one of the special ones that i'll be keeping. Moving onto some of my smaller paperbacks to bring down my reading list of shame down and also to clear out some space.

Use the library already

savingholmes

Well done on the sales. It all helps

TheAble

Repaying debt Evenstar20 said:

Would it be a NSD if I made an extra payment on a debt? I’ve got a refund through PayPal that I had given up on and want to pay off some of my BNPL debt but would that be classed as a spend?

Repaying debt is a form of saving rather than spending.

savingholmes

All the small amounts add up 

Great to have knocked 4 debts off too

savingholmes

Sounds like things are coming together. Well done

savingholmes

Good you stuck to your plan... Makes me want to fill up though...