Total debt when my journey began in December 2022- £66,133.42
Current debt May 2024- £40,064.57
Repaid 39.42%
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The Final Bite of the Cherry- Journey to Clear £66k
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Hi I am sorry to hear your news. You are doing great and have a fab mindset, so manifest your perfect job working from home, or as near to as possible, with the same or better salary and no car requirement :-) Your redundancy can then be used for other things and that is your £10k target met for the year in month 1. Best wishes V x1
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I'm sorry to hear this. My husband went through redundancy last year but luckily found a job quite fast where he is now on better pay and long term prospects, I hope you can find something quickly that suits you0
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Sorry to hear that, how stressful. But as you say, you have other income routes, debt to family can be delayed for a while, and that's a good chunk of money if you're able to put some of it towards debts. This might turn out to be a blessing as the amount you travel takes up so much of your time, focus, and wellbeing. Hope you find a job you're excited about very soon x0
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Sorry to read this, even when partly expecting the news, it is still a bit of a shock. Great to read about the response of your family, very supportive of them. Fingers crossed a job comes along quickly that will be interesting.0
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So sorry to hear this. It happened to me on November 6th, and I most certainly was NOT expecting it.
I had exactly the same thoughts as you - ANY job, ASAP etc.but remember to take time to process.
I also wanted to keep as much as possible. ;Im now in a position where I got an offer before Christmas, starting Feb, my choice. I was contracted to end December, where they originally said November, but took garden leave as much as possible. I have 3 months PILON, although i put a lot onto my pension to prevent the tax man taking too much, plus my redundancy.
It is easier to say, but do take time out and think, try not to jump into the fire. This could be a great debt reset, so i truly wish you all the best.
Lots of love
MMMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!2 -
Sorry to hear about the redundancyJan 18 Joint debts 35,213
Mortgage Jan 18- 77224 May 25- just under 65k
June 25 Debts in my name only £5170. DH can't keep track...1 -
what a week you have had. i take my hat off to you for already having a plan of attack & i fervently hope something new and interesting presents itself in the work field. I'm keeping my fingers crossed for you x#33 in 2025's 365x1p challenge - assigning amounts randomly on a daily basis
#23 in make2025in2025
January's total :£34.93 (1.72%. Le sigh....)
February's total : £57.12 (2.82%)
March's total = £123.81 (6.11%)
April's total = £193.74 (9.56%)
May's total =£276.40 (13.6%)
June's total = £277.93 (13.7%)
July's total = £286.45 (14.14%)
2024 = 365x1p challenge #10 final tally £668.10
i apologise now, i can't type.
Or, my keyboard skills cant keep up with my brain.1 -
Thank you for all your kind responses. I'm so pleased to be able to tell you all, I GOT A NEW JOB!!
I have honestly had a week of so many emotions. Last weekend, I updated my CV and applied for a few jobs. Like I said, I didn't care what I got as long as I had money coming in. I applied for a few management roles, going back to retail management wasn't something I was keen on but that is where my main experience lies so it was the right option for me to take. I also applied for a few minimum wage jobs, this would be a big drop in income for me but needs must and I looked it as maybe other doors could open for me from that.
Anyway.....I'm warbling. I got an email from one company asking if I could meet for a chat in Costa Coffee on Wednesday, not great as I was working away in Newcastle and they agreed to a Teams call when I explained. I had the interview on Thursday and I found out yesterday that I was successful. I'm going to be the Store Manager of a brand new store, opening in March. The pay and bonuses are great and best of all, I will be able to get in my own bed every night.
I haven't been able to tell my line manager yet as the call came too late last night, so I need to sort that on Monday but I'm hoping they will let me go on January 31st. This means we can use my redundancy money towards a car and paying off some debt. A second car is a must for us. There are not very good transport links where we live and we will not be working anywhere near each other to lift share.
Anyway, theres my good news for today..... Have a fantastic weekend everyone!!9 -
Great news!!Starting Debt Total: £10156.43/£9723.43 Current Total
Total Paid to Date: 4.26%
SPC 17 #040 - £28.93
House Pot £1000.55/£2500
Car Insurance Pot £126.70/£300
Christmas 2024 Pot £96.57
Emergency Fund £25.00/500.000 -
That's great, sleeping in your own bed too! Congratulations0
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