2008 - financial targets

ihatepotnoodle

penguin83 wrote: »

Ok mine are

- pay mortgage & bills each month
- clear Comet card this month
- clear all high interest cards by July
- pay 15k off my debts by Dec 08

Hi
I am new to this site, any tips you can pass on to me to achieve your goal for reducing debts by 15,000 will be very welcome.

MissKJ

Here goes...

Pinched first one......

Pay mortgage and bills on time ALL YEAR. No more bank charges.(have reclaimed mine).

Change to a interest paying current account.

Clear all credit card debts 2008 :eek:

No new debt.

Get a better mortgage deal.

Increase earnings.

Save for Christmas 2008 (no credit cards at Christmas)

Have fun whilst doing it!! Cheap and cheerful thread could do with being started soon!;)

penguin83

ihatepotnoodle wrote: »

Hi
I am new to this site, any tips you can pass on to me to achieve your goal for reducing debts by 15,000 will be very welcome.

Hi welcome to the site!

I am planning on paying the 15k by -

- taking all available overtime at work
- mystery shopping
- AQA
- ebaying or carbooting anything that isnt nailed down (hubby and kids not included!)
- stopping smoking.

There is loads of hints/tips on this site. Why not start your own diary with your Statement of Affairs so the experts on the site can give you some advise? x x

MissEyre

Here are mine -

-Only spend on my credit card in a genuine, house falling down type emergency
-Do the GC each month, reducing my spend gradually
-Ensure my current account is always in credit
-Renegotiate my loan term with HSBC to pay it off faster
-Save £1 a day in a sealed jar
-Start ebaying unwanted stuff

Buffythedebtslayer

my goals are

-pay off 10,000
-put all my ten pences and twenty pences in my sealed pot, for Christmas 2008, coppers in my jar, pounds in my troll. five pences somewhere (i really don't like them)
- live off 4,000 for the year
- make money on Avon and E bay. all money going towards the loan!

xx

MidlandsMum

1/ Pay off piddly little amounts on topshop card, House of Fraser card, marbles card (< than 500 altogether) by July.
2/ Not take another loan out when this one finishes in Oct, leaving me 170 pm toward the other cards
3/ Bring my *personal* debt (approx 7k) down to under 4k by this time next year.
4/ Do as much overtime as is stuck my way.

Sola

Whitevanwoman - you can get a handy smoking calculator for your computer which will log how much money you've saved etc:

http://www.silkquit.org/sqmmiv/Default.aspx

Download the meter from the top.

whitevanwoman

Hi Sola, thanks for the tip, I got it. Haven't actually stopped smoking but hopefully this is another nail in the coffin for the nasty habit. I so look forward to the day I wake up and just don't want to smoke any more, it's not long off now...

Lemon_Tree

my challenges for this year are:
1 Reduce the balance on my overdraft by £10 on the previous months balance.
2.Get married and have a honeymoon without incurring additional debt.
3. Pay £10k of my debts by the year end.
4. Never incure another bank charge
5. Save £1 a week into my ICICI account.
6. Save all my loose change into the various pots around this place.
7. Not drive if it's reasonably within walking distance and get more confident with my bike
8. Finally check out if there's anyone at work who wants to car share, there should be someone.
think that's enough or i'll have to hibernate.

whitevanwoman

Thanks to everyone who has listed their financial targets, I'd like to keep this thread going over the year so that I can look back in 12 months to see how I've done.

I'm planning to get my target number 6 done this afternoon - I want to open a savings account with internet access, ideally through alliance & leicester so that i can pay small amounts of cash and odd cheques in easily at my local village post office (I live in a rural area and it is a 26 mile round trip to town to get to the bank, supermarket etc).

Does anyone know of any cashback sites which offer cashback for opening an A&L savings account?