SS's 2008 Debt Free Diary 1 January 2008 at 12:12PM in Debt free diaries 1.7K replies 63.2K views

southernscouser

Here we are again! :rolleyes:

2008 WILL be my debt free year. It just depends on when. The snowball calculator says December. My head says August. My heart says June. So it will probably be 2009!

If I can earn an extra £500 a month my debt free date will be August. I think that's achievable. If I can earn an extra £1,000 a month my debt free date will be June. I don't think thats achievable. But I'm gonna give it a crack anyway!

Here is last years diary if anyone cares.

Here is 2006's.

And here is my very first post.

OK, my debts. As of today January 1st 2008 they are;

American Express (Limit - £2,900) 4.9% - £1,954.45
Barclaycard (Limit - £1,750) 4.9% - £202.69
Tesco Loan 6.7% - £9,848.61

Total: - £12,005.75

At my lightbulb moment on September 22nd 2005 they were;

Egg (Limit - £8,600) - £2,933.02
Capital One (Limit - £10,300) - £8,093.97
Morgan Stanley (Limit - £2,700) 5.9% - £2,484.27
Tesco (Limit - £4,100) 7.9% - £2,899.54
Tesco Loan 6.7% - £17,857.20

Total: £34,268.00


So here we go!

hypno06

Happy Happy New Year!!!!

Beckyneedstosavecash

Good luck SS - I hope you reach your debt free target this year!

Becky

penguin83

Good Luck for this year SS - just think what it will be like this time next year! x x

oops_a_daisy

Good luck SS - I know you can do it :hello:

kiwigirl

This is going to be your year SS - you've done so well since you started and given loads of advice to everyone else and kept others smiling with your witty comments.

KG

linniestorm

Good luck SS! How close are you with that Barclaycard! I've got one of those too but I have to get rid of the nasty 29% Virgin Card first as nobody will give me 0% (which I'm quite bitter about, especially Tesco, considering how much I spend in there!) so you'll have to let me know how sweet it is to be rid of!

Look forward to hearing how you get on!

spud30

Good luck for 2008 SS. I'm sure you'll be DF part way through the year :beer:

findingmyownway

wow SS, i've never read your first post before. You have come a very long way!!!

Good luck for becoming debt free in 2008!

Mozette

Well done SS, hope you make it this year!

linniestorm

I've just read the first post too, the bit I love is where willsnarf says how much are you reasonably going to be able to clear in 2 years, and quotes about 8k (which, y'know, is a fairly reasonable amount for any person)

But not superman SS, who cleared about 20k in that time! Rock on!!!