Hopefully debt free before Mortgage renewal in June 2026

joedenise

I was going to say the same @Spenless!  I'm another who doesn't buy drinks when out and about usually.  The only time I do is if we're eating out at lunchtime and then it will be Spoons where you can as many as you want for a couple of quid!

Tezzadp

No money spent today
No direct debits today

Natwest CC Daily payment £4.05 Total daily payments made this month £117.15

Total of all Natwest CC payments, including weekly and monthly payments made this month £292.15 leaving a balance of £1413.56

*This month refers to 30th September to 30th October (the day before pay day)

Tezzadp

                                                

Tezzadp

Spendless said:

Lol, bless you. Yes you can tell that you never buy drinks out, £2.10 is at the lower end of the hot drinks take out pricing. Don't peek at Costa or Starbucks prices!. At  least  you got it as a perk freebie and did you enjoy it?   

ha oh god i dont think i want to know what people pay for a bit of liquid from those places, i dont know why people cant plan things better and have a drink before or after they go out? unless they are going the pub for a drink of course, but i think it is all just a complete waste of money. How can people afford to waste money like this? i dont understand it haha. I guess most people are on a lot bigger salaries, have more savings and are in a relationship so have only a share of bills to pay, so all have more money to waste than me  I still dont think i would waste money on takeaway drinks even if i was rich tbh. It wasnt that nice really either, so im not missing anything 

Tezzadp

No money spent today

Direct debits

Monthly Natwest CC Direct debit came out my account today £25.00 

Natwest CC Daily payment £4.06 Total daily payments made this month £121.21

Total of all Natwest CC payments, including weekly and monthly payments made this month £321.21 leaving a balance of £1384.50

*This month refers to 30th September to 30th October (the day before pay day)

Tezzadp

Yesssssssss!!! Finally my end of month day again. Time for my lump sum payment and end of my accounting month report 

So i started this month with £2.16 left in my account plus my salary of £1753.51. I now have £124.38 left in my account. 

So im now going to do something a little different than normal.... I have already paid £321.21 so far leaving a balance of £1384.50 ...... My target this month was to get to £1200 or as close to it as possible. 

So I have now transferred £60.00 back from my savings account. So now my bank account stands at £184.38.

I have just made a payment of £184.00 to my Natwest CC bringing the balance now down to £1200.50   

Debts summary :

Debt balances when i started posting on this forum on 6th Jan  

Hastings Loan  £2962.60
Virgin CC £1230.00
Tesco CC  £2273.00

Total £6465.60
...................................................................................................................................................

Debt balances at the start of this month (October)

All debts moved (in April) to Natwest 12 month 0% CC £1705.71

Total £1705.71

...................................................................................................................................................

A summary of payments this month :  

Total daily payments = £121.21
Total Weekly payments = £150.00
Lump sum payment = £184.00
Monthly DDs = £50.00

Total payments  = £505.21

.......................................................................................................................................................

My end of month total outstanding debt is now £1200.50

👻🧛🏼🧟🎃🦇    

Reduced by £5265.10 since 3rd January   

👻🧛🏼🧟🎃🦇

.......................................................................................................................................................

Savings/Emergency account payments this month :
 
Previous balance £771.38
This months payments +£160.00
Car insurance -£155.47
Towards end of month debt lump sum payment -£60.00

End balance  £715.91

....................................................................................................................................................

Summary : 


Looking at the figures briefly. I have now got the debt down to £1200.50 and paid off over 80% of the £6465.60 original debt. My aim this month was to get the debt down to £1200 if possible, i did manage to almost get to that figure with a bit of cheating by using £60 from my savings/emergency account. The next £40 weekly transfer to my savings account is taken tomorrow anyway so it will very quickly almost be replaced.

Just 2 months left until xmas day with an average of £600.25 per month to pay. I wont be able to achieve this each month, but my savings/emergency fund will help me with my final payment hopefully. 

I switched back to weekly food shops this month, meaning 5 food shops this month which i find better than when i only did 2 food shops for the month. But i have found my food shops getting more expensive than they used to, for basically the same things each month. Damn inflation 😠

My car insurance being a lot cheaper than last year was a pleasant surprise this month 😊

Looking ahead .....

Next month sees my yearly renewal of my TV subscription package which is a one off payment of £50 that i will be taking out of my Savings/Emergency account. I don't foresee any other major spending in November. I dont usually do any xmas shopping until December, i absolutely hate xmas and dont spend much on it either if i can help it haha. But obviously i will update all my spending as and when it occurs. 

My aim for next month .....

I think my aim for next month will be to get the debt down to £750 or as close to it as possible.

Overall .... 

I feel im finally getting there now. Next month I WILL be down to a 3 figure debt which will be a big boost to keep going towards the finish line. Just 56 days left until xmas day now, so the finish line is very much in sight. 🎄🎅🏼

Thank you all for your comments, advice, support and encouragement over the past month       

..... On To November 🎆🔥

daisy_1571

Fabulous, you'll definitely be getting there for year end, lots of hard work and consistency 

Dxx

Rhyddid2026

You're doing so well! Do you have anything like Olio where you live? It could help with some of the food basics, I often use it to stock up on bread type stuff or things I can freeze.

Cara_

Well done - not long now and the debt will be gone.

Tezzadp

No money spent today

Direct debits

Standing order for £40.00 for my weekly payment into my emergency/savings account. Total paid in this month is £40.00 Balance now stands at £755.91 - Thats two thirds of the £60.00 i took out yesterday already paid back into this account.

Debt payments 

Natwest CC Weekly payment £40.00 (I pay an additional £1 every week until the debt is paid in full) Total weekly payments made this month £40.00

Natwest CC Daily payment £4.07 Total daily payments made this month £4.07

Total of all Natwest CC payments, including weekly and monthly payments made this month £44.07 leaving a balance of £1156.43

*This month refers to 31st October to 27th November (the day before pay day)