Final steps to debt freedom

gymgirl11

Still working from home. Not too much to report on but coming online keeps me in check.

No surveys this week. All of them at the moment require a laptop/computer device and I only have my work one so it doesn't feel right using it. I haven't spent any more money this week which is quite good for me.

You'd think being at home would stop the spending but between March and May I was ordering online a lot (not using the credit card) so I've accumulated a few bits - mainly a lot of gym clothing, however, all my older stuff I've had for 2 years and was starting to get holes and sagging/unsupportive bras.

I have £28 approved on topcashback which will go into the kitchen fund pot once it goes into my account.

Hope you all have a good day  

gymgirl11

Looked at topcashback this evening and the £28 is now payable so I have requested a BACS transfer which should be here by the end of the week! Once this gets transfers to the saver account I'll have a better idea of how much more we need to save for our kitchen! 

designingalife

Seems to be the way of things now gradually reduce sizes and put up the price simultaneously.... when we buy chocolate bars in multi packs , wispas, double deckers etc they are similar in size to what used to be sold as fun size. Well done on making it cost neutral 👍

gymgirl11

designingalife said:

Seems to be the way of things now gradually reduce sizes and put up the price simultaneously.... when we buy chocolate bars in multi packs , wispas, double deckers etc they are similar in size to what used to be sold as fun size. Well done on making it cost neutral 👍

Yeah, I've found that. Or they've removed a bar or a few biscuits but kept the same prices. I guess it's just being mindful and comparing to see if an alternative is cheaper!

gymgirl11

I thought I should post a breakdown of my debt. This is as follows:

£3890/£8000 - B Card (debt card)

£193/£2700 - H Card (this is my monthly spending card which I can afford to spend £200 a month)

£0000/£4000 - V card (future balance transfer card - if needed)

£0000/£2,330 - A card (store card)

As you can see, I have a good amount of available credit measured against the amount of debt I have. I will occasionally put a purchase on the A card to keep it active. They normally offer 1/3/6/12 month interest free payment plans but I normally pay it within the first month like a normal spend.

My V card is the card I will use, come next November, if I need to balance transfer the remainder of my B Card onto. This card is hidden and I have no clue what the pin code is!! 

My plan is when the final debt is paid I will then close the V Card & H Card. I will keep the B card for every day spending as it offers better deals (discounts on concert tickets, discount on restaurants etc.) 

This is also my card that I've had for 6 years so I'd be a bit reluctant to close it as I don't want it to impact my credit score.. or will it not really matter if I then have no debt? 

gymgirl11

Did our food shopping last night for delivery today. It came to £50.42 and needs to last us until the 27th of December. The remaining money we have in our account, £2.42, has been sent across to our savings. We both get paid on Tuesday and have no further outgoings so have taken the account to £0 in preparation for our next payday.

For next month I have budgeted for 5 weeks rather than the usual 4. The only thing we really have 5 weeks of will be food shops.

gymgirl11

I used my spend CC today so I spent £11. Unfortunately, my partners Nana died last night of Covid so today we went on a long walk to get out the house and get some fresh air. On our walk we grabbed a takeaway drink and a cob. Sometimes a small pick-me-up in such circumstances are needed.

As you can imagine, the day has been full of emotions so it's all tiring.

I wish you all a healthy and happy weekend  

FootyFanDan

Hey, I have been reading along your diary in the background but having read your last update I though I would appear from lurking to pass on my condolences re your partners nan. Agreed re the much needed pick me ups in these circumstances

gymgirl11

FootyFanDan said:

Hey, I have been reading along your diary in the background but having read your last update I though I would appear from lurking to pass on my condolences re your partners nan. Agreed re the much needed pick me ups in these circumstances

That's OK, thank you so much.

gymgirl11

Morning all. Not too much to report on this end. We pretty much stayed in the whole weekend and watched all the football games. My team won 2-0 which was quite a surprise! 

Still waiting for £28 from topcashback to come into the joint account. 

Also managed to get a delivery slot for £1 for the Christmas period. Although, I was on the website at 00:40 and there were only 4 slots left!! Seems like everyone had the same idea.