Time to Face The Music

Sun_Addict

Isn’t that always the case that the person who bodged a job is never the person who sorts it out. Very annoying. Good luck with it anyway. 

alt80

They wouldn’t ask you if they didn’t think you could sort the mess out mate. 

milann

Good luck sorting everything out 👍

RelievedSheff

Called it a day at 5pm. Managed to get about a third of the way through the project so figured that was a good place to stop for the day.

Will do the same tomorrow and start early and finish when I get to two thirds done.

Should then only leave a third to get done by Friday afternoon which should be easily achieved.

RelievedSheff

It will be a low spends day today. The other half just needs to nip to the shops on his way home from work to pick up some milk and bread.

Breakfast, lunch and dinner will be from stores. Breakfast was crumpets, the other half has taken his packed lunch to work, I am having a jacket potato for my lunch and dinner tonight is a BBQ while the weather is fine.

Today's jobs include:

• working from home
• vacuuming the house
• load of washing
• walking the dog x 2

Another busy day at work today. But I should squeeze in some time to get stuff done around the house today. Must remember to plug in the van as well if we are going out in it this weekend.

warby68

Great news about the 0% cards - that happened really quickly.

That means you can relax a bit into the 'balance' you wanted. No massive rush on the debt repayments when the costs are very low, although seeing how quickly they drop without a hefty interest charge might spur you on anyway.

What a difference a year makes

RelievedSheff

warby68 said:

Great news about the 0% cards - that happened really quickly.

That means you can relax a bit into the 'balance' you wanted. No massive rush on the debt repayments when the costs are very low, although seeing how quickly they drop without a hefty interest charge might spur you on anyway.

What a difference a year makes

Indeed. We are in a massively different place to this time last year. The light at the end of the tunnel might even be appearing

We will still have about £940 on Card 5 which will be attracting interest so we need to decide what is the best course of action with this card, whether we just pay the balance down or transfer it onto a further 0% card. Might just wait a few months to let things settle down again and find out where we are with the repayments first.

The aim is to be credit card debt free by the time we come to remortgage again in 2026 so no great rush to reduce the balances. We will go down the slow and steady route I think. The van HP loan will also be cleared just before the remortgage as well and the car HP loan is cleared in February, just 7 payments left on that now.

RelievedSheff

Balances Update 11.08.21

 

Furniture Loan = £0

Debt 1 = £0

Credit Card 1 =£0

Credit Card 2 = £0

Credit Card 3 = £0

Credit Card 4 = £0

Credit Card 5 = £916 (£100 repayment 19% interest)

Credit Card 6 = £3120 (£100 repayment 0% interest until August 2022)

Credit Card 7 = £10726 (£200 repayment 0% interest until November 2024)

 

HP Car Loan = £1923 (£251 repayment final payment February 2022)

HP Motorhome Loan = £22409 (£393 monthly payment final payment March 2026)

 

 Total Debt = £39094

The transfer fees for Card 7 have just tipped us back over the £39k mark but we will drop back below that in the next week or so when the car and van HP payments are paid.

alt80

I’m made up for you, things are def on the up - you’ll have been waiting a long time for this. New start for you in a lot of ways really.

Have you got a 0% overdraft on your current acct? If so pay off the £900 owing on the card. Doesn’t matter if current acct overdrawn if it’s 0%. 

RelievedSheff

alt80 said:

I’m made up for you, things are def on the up - you’ll have been waiting a long time for this. New start for you in a lot of ways really.

Have you got a 0% overdraft on your current acct? If so pay off the £900 owing on the card. Doesn’t matter if current acct overdrawn if it’s 0%. 

Thank you  

The overdraft isn't 0% or I would do that. The interest rate is very similar to the card interest rate so no point paying it off with the overdraft

It is like a new start I suppose. Must try and not !!!!!! it up this time