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£31k of debt to go in 18 months.
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Sarahwithlove said:Have you looked on paypal statement to see why it's not as reduced as you thought.Total debt at peak 2021 = £38931
Debt at start of diary £31,073.95
Current debt = £25402.41
Paid off = 33.22%
Next - £278.30/ £0.00
Simply Be £62.95/ £0.00
Very £617.09/ £0.00
Paypal £1974.00/ £0.00
Mum £5800/ £5000
Yorkshire bank £7,000/ £2037.12
Tesco credit card 0% £9000/ £8800
Virgin CC 0% £10,000/ £9220.380 -
Ahhh OK that's good then that its in your favour*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8040/£11641.17*
Savings
*Savings Buffer - £100/£1500
*Emergency Fund - £1500/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
I sold something else for £22 which means PayPal is cleared! I honestly did not expect to manage that this month. I'm so pleased. And surprised.Total debt at peak 2021 = £38931
Debt at start of diary £31,073.95
Current debt = £25402.41
Paid off = 33.22%
Next - £278.30/ £0.00
Simply Be £62.95/ £0.00
Very £617.09/ £0.00
Paypal £1974.00/ £0.00
Mum £5800/ £5000
Yorkshire bank £7,000/ £2037.12
Tesco credit card 0% £9000/ £8800
Virgin CC 0% £10,000/ £9220.385 -
That’s class, good effort!!0
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Wahey! Well done0
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You are doing brill! Very well done.3-month emergency fund (Cash ISA & PBs): £4744/ £6,000
Stocks and shares ISA: £1497
Additional pension contributions £0
Overpayment on mortgage: £0
Big Renno..£00 -
Well done 😁0
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I had my Very statement through today so I thought I would check to make sure there were no pesky interest payments due and it turns out I was £62 in credit so I have phoned them to get that paid back. Needn't have worried about finding that £4. I also ended up selling £63 yesterday which was better than expected.
Just waiting for payday tomorrow so I can re-assess what I am up to. I'm getting nervous about UC but still have 2 weeks until I hear from them. I would have normally had my CTC today so I would have a much clearer idea of what was going on. Also, the council tax benefits team re-assessed my income and took away what they had originally given me. Nothing lost nothing gained I guess.
I need to update my signature. Goodbye Paypal.Total debt at peak 2021 = £38931
Debt at start of diary £31,073.95
Current debt = £25402.41
Paid off = 33.22%
Next - £278.30/ £0.00
Simply Be £62.95/ £0.00
Very £617.09/ £0.00
Paypal £1974.00/ £0.00
Mum £5800/ £5000
Yorkshire bank £7,000/ £2037.12
Tesco credit card 0% £9000/ £8800
Virgin CC 0% £10,000/ £9220.380 -
Whoop whoop that’s a bit of good news about the credit!! Keep going 😀 maybe you can build an emergency fund now with sales and just use income for debts. Growing savings and reducing debts then.0
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I've managed to save £1k from the selling but I want to grow that. I need to take the doggo to the vets on Saturday so that credit takes care of thatTotal debt at peak 2021 = £38931
Debt at start of diary £31,073.95
Current debt = £25402.41
Paid off = 33.22%
Next - £278.30/ £0.00
Simply Be £62.95/ £0.00
Very £617.09/ £0.00
Paypal £1974.00/ £0.00
Mum £5800/ £5000
Yorkshire bank £7,000/ £2037.12
Tesco credit card 0% £9000/ £8800
Virgin CC 0% £10,000/ £9220.380
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