The 6 year plan!

Evenstar20

So I hoped that as the debts fell and my new higher income started to show on my accounts I would start to get better offers and juggle my debts which over the last few weeks has happened!

I managed to get a loan for a low apr and have paid off lot of credit cards! This will make the debts come down even quicker and thus hopefully will make further offers appear so that I can get either 0% money transfer offers or another lower rate loan.

That leaves me with 5 credit cards, 2 loans, 1 retail account on 0% until December. I also have joint loans with my wife and money that I owe to my parents. Sounds bad but it was a lot worse and this is now falling by about £1000 a month!

Credit Cards
Fluid £4000 now £2900

Tesco £3500 now £3400

PayPal £3000 Now £2800

Barclay £3900 now £3530

Virgin £4300 now £3925

Natwest Loan £15000

Asda Loan £15000

Joint Loan £21286

Parents £9850

That is the order in which they should be paid off too.

To add a bit of perspective and to celebrate progress. These have all been paid off since starting this diary.

Student Loan £1000

Jaja £500

Next £300

Klarna £180

Argos £480

Vanquis £1000

Very £2000

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£100 paid to Virgin today.

Going to spend today doing surveys and listing items on Vinted/e-Bay.

I've had about £300 overtime this month will use this to increase the Fluid payment when it comes through, it might not be on my next pay though, more likely to be the September pay.

Evenstar20

Withdrew £20 from survey account today, I've done all the surveys on the websites I use and made progress on listing items on e-Bay and Vinted. Really organised at the moment and it makes the progress more noticeable and a lot less stressful.

Evenstar20

Since getting my promotion at work and the accounts I've paid off in the last few months; my debts are continuing to come down. Although the amount is still a lot, it's much easier to know that the money coming in meets our needs and that with each payment, and each account closure, more money is getting freed up. The debts are coming down quicker and there is breathing space for the first time in about 7 years!