Time to Face The Music

RelievedSheff

joedenise said:

Great news.  Get that money moved over to another account asap.  A step closer to getting a motorhome.  I would say it's definitely more versatile than a canal boat - it can go a lot more places!

The money was transferred as soon as it hit our account.

The boat is a sea boat not a canal boat!!

RelievedSheff

enthusiasticsaver said:

Great the furniture loan is gone and you can now focus on that awful CC3 with the high rate.  At least you are managing to  throw a good chunk at it every month now though so hopefully should be gone within 6 months. 

We hope to make some pretty decent additional payments to Card 3 as well. The sooner that one is gone the better.

If we manage to be relatively frugal for the next couple of months we should be able to throw an additional £400 or so at the card per month.

enthusiasticsaver

RelievedSheff said:

enthusiasticsaver said:

Great the furniture loan is gone and you can now focus on that awful CC3 with the high rate.  At least you are managing to  throw a good chunk at it every month now though so hopefully should be gone within 6 months. 

We hope to make some pretty decent additional payments to Card 3 as well. The sooner that one is gone the better.

If we manage to be relatively frugal for the next couple of months we should be able to throw an additional £400 or so at the card per month.

That would be good.  I suppose if we still in partial lockdown holiday and entertainment spends can go towards it as well as fuel money etc. It will definitely be gone this year though then you can focus on the 2 large ones.  Are you just letting the HP tick on as usual? 

enthusiasticsaver

RelievedSheff said:

joedenise said:

Great news.  Get that money moved over to another account asap.  A step closer to getting a motorhome.  I would say it's definitely more versatile than a canal boat - it can go a lot more places!

The money was transferred as soon as it hit our account.

The boat is a sea boat not a canal boat!!

Presumably you will save on mooring fees etc as well then. Did you take it over the Channel or the North Sea or did you mainly use on rivers? 

RelievedSheff

enthusiasticsaver said:

RelievedSheff said:

enthusiasticsaver said:

Great the furniture loan is gone and you can now focus on that awful CC3 with the high rate.  At least you are managing to  throw a good chunk at it every month now though so hopefully should be gone within 6 months. 

We hope to make some pretty decent additional payments to Card 3 as well. The sooner that one is gone the better.

If we manage to be relatively frugal for the next couple of months we should be able to throw an additional £400 or so at the card per month.

That would be good.  I suppose if we still in partial lockdown holiday and entertainment spends can go towards it as well as fuel money etc. It will definitely be gone this year though then you can focus on the 2 large ones.  Are you just letting the HP tick on as usual? 

Yes we will just leave the HP to run it's course. That will be gone this time next year anyway.

Once Card 3 is gone and the CCJ is off my file in July I will balance transfer Cards 4 and 5 and then aim to have that paid off in 18 months or so which will then just leave us with the loan on the motorhome to pay off.

Sun_Addict

Good news it’s all going through and you feel better about it. You’ll have to change your profile picture to a motor home 😆

RelievedSheff

Sun_Addict said:

Good news it’s all going through and you feel better about it. You’ll have to change your profile picture to a motor home 😆

I might leave the boat on there for a little while. We shall see!!

ladyholly

I am glad you are a bit more positive about the boat now. Fun times ahead for you.

alt80

Glad to hear you're feeling a bit better about the decision on the boat and good news re the first staged payment. 

RelievedSheff

We will both be glad when this week is over and we have been on Saturday to put the paperwork onboard, lock up and walk away for the last time.