We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Five year plan

2»

Comments

  • isadreamalie
    isadreamalie Posts: 80 Forumite
    Ninth Anniversary 10 Posts
    edited 27 March 2024 at 1:59AM
    New update

    Debt now stands at £107,576. On track to nudge into a five figure balance at the year end without going over the 10% allowance 

    I continue to use overpayments to reduce monthly payments as I can pay more outside a fix and so the apparant 19 years or so is meaningless. I now pay around £587 a month. I feel like the £500-£600 pcm mark is the last really noticeable amount as below £500 I can't imagine worrying about it.
  • Wow what fantastic progress you are making, incredible!
  • Wow what fantastic progress you are making, incredible!
    Thank you

    As a single person 2023 wasn't an easy year. My shower drain needed fixing, coving repaired and a fence replaced within a tight time period.
    I've also been travelling an awful lot which I'm lucky to do but did leave the money rather depleted some months 
    I've also lost a fair few days pay due to strike action however I've been lucky to avoid this in 2024 so far.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.