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Tackling my debt
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Haven't updated for a couple of days, but paid £10 spare to PayPal today. They will get a balloon payment on 12th when I get paid.
My husband is disabled and may not return to work, so we are looking at potentially getting rid of one car. Mine is in garage getting MOTd today, and that's the one potentially going. His is newer, so makes sense.
Added to my 1p challenges and my 52 week Savings pot, so starting off 2023 on a good foot.Debts :Paypal £1981.32
Monzo Loan £4278.16
Virgin CC £2137 0% until Dec 23
HSBC £5471.01 0% until Feb 2025
Emergency pot £404.47/2500
1p Savings Challenge £1.45/660
52 week Savings: £22.00/14002 -
Are you claiming any benefits you may be entitled to?Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £165K Equity 38.88% 6/9/26
2) £1.5K Net savings after CCs 29/8/26 (but owed £130) so £1.6K
3) 47/82K @29/8/26 = 57.31% AVC Goal by mid 20280 -
I agree worth doing a benefit calculator to see if anything else entitled to. We use entitled to benefit calculator at work if that helps just put it into Google. Depending what NI he has paid he may be entitled to new style esa.*Dad loan - £7000 - £7000
*Tesco Credit Card (0% 9/9/27) - £3623.18 - £3623.18
*Nationwide Loan - £11,000 -£11000.00
*Total Debt - £21623.18/£21623.18*
Savings
*Sinking Fund - £1400/2000
*Emergency Fund - £0/£3000
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1
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