Final steps to debt freedom
As the diary suggests I am on the final phase of my debt free goals.
I found out quite quickly that throwing a high amount of money at the debt and having a small sum of disposable income doesn't work personally for me. I’d often pay £600 a month (pre home ownership) but then spend some (at least £300) of it back on the cards as I would struggle to afford to do anything after my direct debits and the debt was paid. I was just paying off debts and working.
The final figure outstanding is £3,890. This is all on 1 interest free card (this period runs out in Dec 2021) but I’m struggling with the final bit of motivation.
I’ll provide more in depth financial details, living situation and budgets in future comments. You may be able to spot ways to help cut down on the budget.
Thanks for reading and hopefully following along with the journey