Oops I Did It Again

DayDreamerandGeneralWaster

That's like a third thereabouts gone- amazing work! 

CRANKY40

DayDreamerandGeneralWaster said:

That's like a third thereabouts gone- amazing work! 

I've checked and it's more or less 25% but I hadn't realised it was that much thanks. It was helped along by not having to pay council tax two months running. 

jokono

Oh so we might get this done and dusted around the same time. You might get there faster with the constant overpayments 😀 

CRANKY40

Absence due to illness sorry. What I thought was an ulcer at the back of my throat then maybe tonsilitis turned out to be a nasty abscess. I am sort of fixed - I'll spare you the details of that but I have antibiotics. I've also been paid my wages from looked after person, yay. 

After fiddling arround with some other snowball calculators, I managed to find one which worked out the payments in a way that I could work with. I've put in all of the figures (again) and if I carry on with the payments that I'm making now, it will take me 22 months to pay everything off, with June being month one. I've calculated the figure that I have available for debt repayments to be £350 per month. 

Month one payment is only my loan so far.  The usual payment of £86.27 has been taken from my bank account, £263.73 still to be paid. I've also done the food shopping which was £47.98 because cat food stocks were looking dangerously low. I'll need a small top up shop on Thursday but my food shopping allowance for this month is £70 p/wk so plenty left in the budget. Onwards and may the debt go downwards. 

WinterWarrior

I hope you feel better soon, that sounds horrible ☹️

That’s an excellent plan with the snowball calculator, 22 months isn’t long at all! 

CRANKY40

Thanks, it wasn't great but at least it was fixable. The pain kept me awake Sunday night but alcohol helped me to sleep last night 😊
22 months means that I'll be debt free before the HT finishes education and all the extra stuff like child benefit stops. It means that I won't be any better off but at least I'll be able to pay everything with just my income. 

WinterWarrior

That’s a great plan. You won’t be scrabbling around when the benefit stops and you may even be getting board money from the HT by then, or other opportunities might pop up. 

Sun_Addict

Sorry to hear you’ve been unwell, glad you’re on the mend, sounds awful. 22 months will fly by.

CRANKY40

Thanks S_A, it will. I'm not throwing all of my available funds at it either, I want to do some decorating and one of the garden fences needs replacing. I'd rather try and balance it with keeping my house maintained and keeping my House Troll and myself happy and fairly sociable too. 

jokono

I hope the antibiotics work quickly! 
Great news about the timing of being debt free, one less worry
We also need to replace some of the fence, it is still propped up with a piece of timber since we had a storm a few weeks ago. It will come out of the emergency fund soon I think.