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£69k debt free wannabe

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Comments

  • Jensfrugalyear
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    Sallyp2 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.
    Am reading through your thread. I read somewhere else, that someone broke their debt into a page of squares, each square was £100, £200, £500 and then as they paid the amount off that the square represents they coloured it in. It mean that over time more squares were coloured in. They said it felt quite motivational

    edit  = so sorry about this post, have read that this has already been suggested to you. Apologies, I had not got that far in reading when I wrote this.
    No apologies needed all ideas welcome even more than once 😁
    Hope everyone is doing well. We went camping last weekend and it was nice to get away for a few days and relax, even forgot about the debt for a bit.
    Back on it now and the target this month is to carry on with a PAD, stick to our food budget for once and get below £1000 on the marbles card, its currently at £1,189.
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • LittleMissDetermined
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    I haven't been camping in years! Maybe I should dig the old tent out of the shed and see if we can get away once the house move is done (if ever :D
    LMD x
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2024 1p challenge #11 | Cash envelope challenge #01 | SPC #017
    Sealed pot 2024 £3975 | EF £1000/£1000 | Sabbatical £1390/£3000 | Holiday spends £1520 | General Saver £750
  • Jensfrugalyear
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    I haven't been camping in years! Maybe I should dig the old tent out of the shed and see if we can get away once the house move is done (if ever :D
    LMD x
    We love camping, but can become expensive with all the stuff you can buy. Would recommend for a few days break though, especially when the weather is as good as it was last weekend 
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • rugbymadfamily
    Options
    Hi! Just read through and wanted to say well done on the light bulb moment! Sounds like you've made a great start. The colouring in is such a good motivator! I'm focusing on mortgage pverpayments and focus on 1% at a time as our mortgage is huge it makes it feel more achievable....1% is £3,520 😥 so maybe i should start focusing on 0.1% but that feels too depressing lol.
    Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
    OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
    Emergency Fund Target: 3 months saved ✅
     
  • Honeysucklelou2
    Honeysucklelou2 Posts: 4,669 Forumite
    First Anniversary Name Dropper First Post
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    Colouring squares in force here too! I’ve also found using an app helpful. The one I use is called Debt Manager and it gives you various tables, bars and pie charts to mark progress.you can also play around with the tables and look to see the impact of extra payments.
    paydbx2024 #2 £480/£5000 . Mortgage £144k start ~ £148k Jun 23 -
    2024 savings challenge £5/£2000
    EF £140. Savings 2 £30.00. Weekly savings envelope #17
  • ZaSa1418
    ZaSa1418 Posts: 651 Forumite
    First Anniversary First Post Name Dropper
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    That's great going, well done :) long may it continue for you
    LBM Debt Total : £48,326.50

    Pay All Your Debt Off By Xmas 2023 - #50  £1,495.29 / £12,000.00
    Saving For Christmas 2023 - £1 a day challenge - #6 £100/£1095.00
  • LittleMissDetermined
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    Fabulous milestone hit there! Whoop! It’s great that these little milestones keep us motivated. I’ve just dipped below £16k total debt and it’s been a relief!
    LMD x
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2024 1p challenge #11 | Cash envelope challenge #01 | SPC #017
    Sealed pot 2024 £3975 | EF £1000/£1000 | Sabbatical £1390/£3000 | Holiday spends £1520 | General Saver £750
  • Jensfrugalyear
    Options
    Fabulous milestone hit there! Whoop! It’s great that these little milestones keep us motivated. I’ve just dipped below £16k total debt and it’s been a relief!
    LMD x
    Thats awesome, well done 😀
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



  • Jensfrugalyear
    Options
    £10 to marbles today
    On the long journey to debt freedom...here we go....

    Credit cards:
    Natwest card - now closed was £500 balance
    Tesco credit card £1878.89/3300
    Husband Bcard £4100/9400 - 0%
    Sainsburys cc £4839/6000 -0%
    My bcard £5215/8000
    Halifax CC £6588/8000 -0%
    MBNA CC £9150/12000 -0%

    Loans:
    Natwest Loan £14167 - ends sept 26
    Old car loan £1897 - ends May 24
    Consolidation loan - £6020 ends oct 26


    Tax bill -57 ends next month
    Student loan about 5k ends Mar 24



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