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£31k of debt to go in 18 months.
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Wow! I love reading your diary, it is so inspiring. I made a couple of sales today, only a tenner but not to be sniffed at. Really enjoying having the credit card app on my phone as I then pay the money off the card as soon as I've transferred it from paypal.3
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Thanks @remote_control. I read someone saying that they're giving every £ a job and I thought that was a really good way of looking at things so now, no £ is too small.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/ £9220.381 -
I shall be following you also with great interest as I am in a similar situation to you and am also currently blitzing my house and selling stuff on that auction site. So far so good for me too! Each time I get a payment I have put it straight to a payment off my cc. I just cannot do the interest anymore. Enough is enough! So thankyou for the thread and hopefully we can all motivate each other when/if we slip back a bit!1
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I like that the things I've sold have gone to people that want them, even if I didn't get a lot of money for them.
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@remote_control I agree, its nice that things don't go to landfill.
@OLaney thank you for your support. Are you keeping a diary too?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/ £9220.381 -
Been following your diary the last few days you’re doing so well, it’s wonderful to see someone doing so well. Clearly a good salesperson too, being able to shift all those second hand bits and bobs. Will keep following this and see you reach your goal im sure :-)1
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Sounds like you’re making real good progress!
i do have a question (you may or may not be able to answer it). PayPal is one of my creditors that voted in my IVA and thus such I have effectively been banned from conducting any business with them. Is there alternative ways to retrieve money from eBay from sellers without using PayPal?I haven’t used eBay for years but I do have a few bits I could sell in the future.If you believe you can, you will. If you believe you can't, you won't.
Secured/Unsecured loans x 1
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing0 -
Thank you @Jamesyb123. I think its more to do with us having so much debt creating stuff lying around more than any real talent for selling. I have made a cool £7 tonight though! So.....bringing in the big bucks.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 -
flapflop said:Thank you @Jamesyb123. I think its more to do with us having so much debt creating stuff lying around more than any real talent for selling. I have made a cool £7 tonight though! So.....bringing in the big bucks.2
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MrFrugalFever said:Sounds like you’re making real good progress!
i do have a question (you may or may not be able to answer it). PayPal is one of my creditors that voted in my IVA and thus such I have effectively been banned from conducting any business with them. Is there alternative ways to retrieve money from eBay from sellers without using PayPal?I haven’t used eBay for years but I do have a few bits I could sell in the future.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/ £9220.382
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