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Divorce debt be gone!

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  • in_need_of_direction
    in_need_of_direction Posts: 7,727 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hang it there,  you are so close to getting the debt monster below £10k.
    Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge.
  • Humdinger1
    Humdinger1 Posts: 2,296 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    @biggerpickle remind me, are you in a self-managed DMP? Lots of people start off doing it via an organisation and then move to self-administered as it gives more control.   Sorry if I have this wrong or if you're just paying down non-defaulted amounts.   People with more expertise than me will be along shortly.  Love Humdinger xx 
  • biggerpickle
    biggerpickle Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    @biggerpickle remind me, are you in a self-managed DMP? Lots of people start off doing it via an organisation and then move to self-administered as it gives more control.   Sorry if I have this wrong or if you're just paying down non-defaulted amounts.   People with more expertise than me will be along shortly.  Love Humdinger xx 
    I guess a self managed dmp - paying down debt and I can't have defaults due to my job.

     I currently have 7 debts so it's just the juggle. One of those drops off 1 Aug, there are 2 others not long after so it'll be less spinning of plates come October!
    July 2024 £12,150  Aug 2025 B/Card £6,300, N/West £1,770, Halifax £1,182, Klarna £568, Sports Trip £335, Very £122 & HMRC GONE!!!!  Total £10,276
  • biggerpickle
    biggerpickle Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    Hang it there,  you are so close to getting the debt monster below £10k.
    It will definitely be there later this month (July payday is under 3 weeks away) - I will have a mini MSE celebration then!
    July 2024 £12,150  Aug 2025 B/Card £6,300, N/West £1,770, Halifax £1,182, Klarna £568, Sports Trip £335, Very £122 & HMRC GONE!!!!  Total £10,276
  • LzzyIsGod
    LzzyIsGod Posts: 405 Forumite
    100 Posts Photogenic Name Dropper
    I'm still cheering you on!!
    Nov/Dec 24  £39 564

    July 25  £34 531
  • biggerpickle
    biggerpickle Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    The odd £6 on the Natwest balance was bugging me so I've paid it off (the minimum payment this month was slightly more than the fixed amount DD I'd set up) and I've decided that Very is going in 2 installments and not 3, I know its interest free BNPL but with that and HMRC going in August that's 2 debt items off the list by the end of the summer holidays which I feel will make the juggle easier.
    The Klarnadebt is a relatively small amount monthly (£56) IFC for the next 12 months and the school sports trip is fixed installments and Halifax is a overseas spend fee free card and I'll be using that in August & Sept visiting overseas family & friends so I don't mind sucking up the interest charges if I can't clear the holiday money in the same month. I feel like I have a more solid interim plan instead of the nebulous "pay it all off at some point" plan. Baby steps and all that!
    July 2024 £12,150  Aug 2025 B/Card £6,300, N/West £1,770, Halifax £1,182, Klarna £568, Sports Trip £335, Very £122 & HMRC GONE!!!!  Total £10,276
  • biggerpickle
    biggerpickle Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    My car is in the garage again with similar issues as the £1,164 in April. I am living in dread of the phone today with the potential cost.
    July 2024 £12,150  Aug 2025 B/Card £6,300, N/West £1,770, Halifax £1,182, Klarna £568, Sports Trip £335, Very £122 & HMRC GONE!!!!  Total £10,276
  • beanielou
    beanielou Posts: 95,599 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Just what you don't need.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post 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 & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • biggerpickle
    biggerpickle Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    Am now crying at the quote for repair, half the last one but still.
    July 2024 £12,150  Aug 2025 B/Card £6,300, N/West £1,770, Halifax £1,182, Klarna £568, Sports Trip £335, Very £122 & HMRC GONE!!!!  Total £10,276
  • beanielou
    beanielou Posts: 95,599 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Not so good.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post 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 & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
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