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Here again but aiming to be debt free by my 50th birthday

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  • joedenise
    joedenise Posts: 17,713 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    I used to do this daily when I was paying off the mortgage once the debts had been paid off. Wish I'd done it with the debts though but didn't even think about it then!

  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Tonight's PAD was £1 paid off a store card debt, and £1 off my credit card debt.

    I'm going to list at least one thing for sale on Marketplace in the morning.

    Going to read some diaries now before bed.

    Best wishes! 
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • pidge04
    pidge04 Posts: 792 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    I can see that padding could become addictive! Just paid £1 off a store card.
    Going out now to return some school uniform I bought for my daughter which I used a credit card. That will be £32 back on my credit card. 
    Looking forward to getting some bits listed on Marketplace over the weekend. 
    I'd love to get a savings pot started.
    Best wishes everyone.
    Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,062 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Most overdrafts charge 40% interest now so I would tackle that first. 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
    Save £12k in 2025 #1 £12000/£8000
  • outoftheviciouscircle
    outoftheviciouscircle Posts: 793 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    I'm loving your motivation. Since you started your diary only a few days ago you have paid 17% off your store card.
    You have to celebrate that one!!
    Total debt when my journey began in December 2022- £66,133.42
    Current debt May 2024- £40,064.57
    Repaid 39.42%

    My Debt Free Wannabe Diary
    https://forums.moneysavingexpert.com/discussion/6411146/the-final-bite-of-the-cherry-journey-to-clear-66k#latest

  • lillypoo
    lillypoo Posts: 309 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    You're doing brilliantly. Going to subscribe x
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