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Dreaming of being Debt Free
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Does her money go into her own account? Do you have a joint account she uses? If she manages her own money then I would suggest focusing on yourself for now. Hopefully if she sees you doing well she may engage*Dad loan - £5300 - £7300
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£400
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £860
*Total debt - £8560/£11641.17*
Savings
*Savings Buffer - £1000/£1500
*Emergency Fund - £1000/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Hey, congrats!
I wouldn't worry on the student loan, it shouldn't be called a loan. It's a student tax.
I would have an emergency fund alongside having money for yourself.Gambling Addict - Acting now before it's too late. Gambling losses well over 25k.Current Situation Started Posting in Apil 24:Unsecured Personal Debt - June 2025Natwest CC 0% - £3000 (Cleared November 2024)
Lloyds CC 0% £4500 - £1000
Barclaycard CC 0% £12,567 - £7800
10/6/24 - 16 MonthsGamble Free - Longest in years. Gambling is an illness. Seek help. It is not worth your life.1 -
Own accounts.
And yeah, it's a funny one student loans. Well done on the 5 months btw!
Not really used money for myself in so long, doesn't feel right anymore.
All bills are accounted for now, and still got 750 left till pay day. But had a good month, £300 more than usual in pay packet.Working on getting rid of my debt FOREVER0 -
I'd definitely pay all other debts before student loan as that already gets a payment from your wages.*Dad loan - £5300 - £7300
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£400
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £860
*Total debt - £8560/£11641.17*
Savings
*Savings Buffer - £1000/£1500
*Emergency Fund - £1000/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
So I put an extra £250 in emergency fund. As had a £300 more than expected this month.
£141 still in bank till payday. So should be good.
Still feel like I've got a problem with my why. And what I should be doing next.Working on getting rid of my debt FOREVER1 -
Pay day has arrived. Down £200 compared to normal. Lucky input that extra away last month .
Will have enough for the month. Just guess there will be no over payments madeWorking on getting rid of my debt FOREVER2 -
About £40 left till pay day.
Honestly don't know where it all goes.Working on getting rid of my debt FOREVER0 -
I understand that feeling.
However I take time to record every purchase on a google sheet and can see where every £ goes. I have stopped spending money because of this now.
LGGambling Addict - Acting now before it's too late. Gambling losses well over 25k.Current Situation Started Posting in Apil 24:Unsecured Personal Debt - June 2025Natwest CC 0% - £3000 (Cleared November 2024)
Lloyds CC 0% £4500 - £1000
Barclaycard CC 0% £12,567 - £7800
10/6/24 - 16 MonthsGamble Free - Longest in years. Gambling is an illness. Seek help. It is not worth your life.1 -
I do the same as @Lonelygambler and record every spend in my spreadsheet - helps me to see how much all the little amounts add up which makes me consider everything a bit more carefully!Debt as at 5 June 2023 - £15,600.89
Current debt - £6,450.00
Total paid off - £9,150.89 (58% paid off)0 -
When I say I do t know, I do. The boat that are left over get spend in either the supermarkets or on the kids.
What I really should have said is there's not enough left over to either quicken this process , or have a little for myself.
I might try that tho. Is there a template online??Working on getting rid of my debt FOREVER0
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