£69k debt free wannabe

Jensfrugalyear

@Debt_Me_Out_Of_Here I refused to buy anything on games as I know I would spend a fortune 🤣 my hubby does get the ps4 subscription for the year but its well used and both he and my son love the free games each month.
@draiggoch well done on your progress so far. I definitely need the small things to keep going, we once tried living off smaller amounts and were so miserable and end up spending more on blowouts.
Felt pretty down and overwhelmed by the debt the last few days but the comments on here have cheered me up this Friday evening. Also read the debt roll of honour where someone mentioned focusing on what you want to do when you have paid off your debts. Our goal is to get the house all done up. There are loads of things that need changing such as windows and bathroom. We also want a loft conversion done. Will keep adding to the wishlist whilst we pay off the debt.

Jensfrugalyear

Just paid £10 to my marbles card which means I have cleared £1000 off it so far this year 😁😁😁. I think about £450 of that was done in the last month too, need to check my spreadsheet for the exact amount. Only £1450 left to go which I am hoping will be gone by the end of August.

LittleMissDetermined

Jensfrugalyear said:

Just paid £10 to my marbles card which means I have cleared £1000 off it so far this year 😁😁😁. I think about £450 of that was done in the last month too, need to check my spreadsheet for the exact amount. Only £1450 left to go which I am hoping will be gone by the end of August.

Well done on clearing £1k - that's quite a milestone   Lots of luck in clearing the rest of it, are you tackling your cards one by one?

LMD x

Jensfrugalyear

LittleMissDetermined said:

Jensfrugalyear said:

Just paid £10 to my marbles card which means I have cleared £1000 off it so far this year 😁😁😁. I think about £450 of that was done in the last month too, need to check my spreadsheet for the exact amount. Only £1450 left to go which I am hoping will be gone by the end of August.

Well done on clearing £1k - that's quite a milestone   Lots of luck in clearing the rest of it, are you tackling your cards one by one?

LMD x

Hi LMD yeah am snowballing so cleaning Marbles card first. Am still paying minimum on other cards and loan payments so they are very slowly decreasing whilst I focus on this card. Paid off my Natwest card first which was £500, then moved onto the marbles one which had the highest interest rate.

Jensfrugalyear

Looking for the little wins this week. Logged onto my Barclaycard account to see the balance under £8000 🥳🥳.  Interest will be added on next week so it will go upto about 8080 balance, but this is the first time in YEARS I have seen it under 8k and nex months payment will make it stay under tha much. 

LittleMissDetermined

Definitely sounds sensible to tackle the highest interest first, that's what I'm doing and focusing the PADs on CC1, then I'll tackle card 2 as the others are on 0% til May 22. 

Celebrate the little wins and you'll find it easier to keep up the momentum

LMD x

anjyeah

Jensfrugalyear said:

Looking for the little wins this week. Logged onto my Barclaycard account to see the balance under £8000 🥳🥳.  Interest will be added on next week so it will go upto about 8080 balance, but this is the first time in YEARS I have seen it under 8k and nex months payment will make it stay under tha much. 

It's a big win! Congratulations! 
Just bumped into your diary and will be looking for your updates. 

WinterWarrior

it’s a it’s always lovely getting under that next thousand ⭐️ Well done. 

Jensfrugalyear

Morning all, hope everyone is well this monday. I woke up thinking it was Sunday, pretty crap start to the week. Also feeling pretty angry today about being in debt, never felt this way before. Just going to power through today and hopefully that will make me feel a bit better.

LittleMissDetermined

Jensfrugalyear said:

Morning all, hope everyone is well this monday. I woke up thinking it was Sunday, pretty crap start to the week. Also feeling pretty angry today about being in debt, never felt this way before. 

I hate when I wake up thinking it's the weekend when it isn't... If it were up to me I would make 3 day weekends the law  

Feeling angry about debt is perfectly normal, but use that to make you more determined to tackle it and keep your focus.  I hope that you've managed to get a debt busting plan that still allows you funds to 'live' a little.  I was lucky to be able to work from home during the whole pandemic so we had no need for spending other than bills, food and debts. That's how I managed to get mine down so much in the second half of 2020 (that and trying to get myself sorted so we could apply for our mortgage).

Now that lockdown is easing I am no longer in that position so it's more of a balancing act where I still pay off my debts but allow myself some budget to go out or treat myself.  I will just be avoiding frivolous spends.  You should work out something that works for you, if you haven't already. 

Sorry for the long post, I got a bit carried away because it resonated.  I hope you have a lovely day, despite it not being Sunday xx

LMD x