Paying off £37065 unsecured debt by July 2027 while continuing to travel this amazing world

Nintud

biggerpickle said:

Good work on the vinted sales and Very slaying!

You're not the only one with dreams of a new kitchen - I had to replace the cooker and hob when I moved in after leaving the marital home and my washing machine and fridge/ freezer were new too as nothing here when I moved in. I painted the old units, have taken down the wall units and put up some nice shelving but have repaired every base unit cupboard door at least once! Discovered Screwfix do hinge fixing plates when the chipboard is so knackered the hinges can't screw in anymore so hopefully there'll be no more doors dropping on my feet when I open them!

There’s going to come a point when the oven completely gives up. I’ve already decided I’ll rely on the air fryer if that happens before I’ve got savings. The fridge is worse than the freezer. The drain is completely blocked and an iceberg forms at the back a couple of weeks after I’ve cleaned it. The fridge ands freezer are probably very uneconomical to run. The fridge should probably be first on my list to replace.

i dream of new flooring though. I run the rug doctor over my manky carpets every month or so, but that doesn’t deal with the threadbare bits.  I’m probably going to put laminate down. Much easier with the pooches and careless teenagers.

But first, the debts.

RelievedSheff

Just catching up on your diary.

Happy New Year to you.

Seems like you have started 2025 on a bit of a debt busting roll. That Very account will be gone before you know it. Well done 😀

Nintud

RelievedSheff said:

Just catching up on your diary.

Happy New Year to you.

Seems like you have started 2025 on a bit of a debt busting roll. That Very account will be gone before you know it. Well done 😀

I’m trying my best!

I’ve dropped into the 200s with a £17.50 payment from Vinted.

I’ve also made a £1.50 sale and have £45 coming from Quidco. Once my current pending arrives from Vinted I’ll be in the 100s!!

Question; once I’m in the 100s, should I use the EF to pay Very off completely? I can then crack in with the Nationwide CC.

I’m ridiculously excited at the prospect of clearing and closing the Very account 😆

vampirotoothus

Hi, I would keep the emergency fund, just in case. You are doing really well, Very will soon be gone. V x

Nintud

vampirotoothus said:

Hi, I would keep the emergency fund, just in case. You are doing really well, Very will soon be gone. V x

Thank you for the sensible advice.

 I’m probably going to need it to pay for that darned car nudge repair.

MFWannabe

If you did use some of the Emergency fund how long would it take to rebuild it again? 

Nintud

MFWannabe said:

If you did use some of the Emergency fund how long would it take to rebuild it again? 

I’ve been adding £50 per month, so two months if I paid the final £100 from EF and didn’t increase the amount I put towards the EF.

badmemory

I would normally say get rid of the overdraft asap as they can remove it whenever the mood takes them, but I cannot see the Nationwide getting stressed about yours.  So it really boils down to how much things are costing you.  Very is close enough to be getting a feel good feeling about it anyway.  The Nationwide won't be too far behind anyway.

biggerpickle

Woo, well done on dropping into the 200s!!! 

I may have added to my Very account today with some 75% off sale tops for work, oops.

RelievedSheff

I would keep the emergency fund.