My "Getting Outta Debt" thread - An ongoing saga!

larryuk

Do you paint portraits?

I havent as such, i mainly do pop art painting, nothing that you would consider "fine art".

JayW,

Thanks for your advice, I have been looking into that area and the implications, as I stand at the moment Im fine, but obviously if things changed drastically then I would need to make some arrangements.

On a side note, I havent spent anything today!

But I will be spending £10 on a deposit to go paintballing at the end of the month. (agreed to go ages ago) So Im taking the £10 out of the £50 I gave myself out of my wages.

larryuk

Here a quick update for you...
After being paid this money and moving my money around on cards etc my balances now stand at:

Abbey National Credit Card
Limit: £5100
Bal:£4731.85
Interest: 1.8735% monthly.

CitiCard
Limit: £2000
Bal: £1765
Interest: 1.873% (Monthly) (24.9% APR)

BarclayCard
Limit: £2800
Bal: £2265.02
Interest: 1.736 (Monthly) (22.9% APR)

Egg Card
Limit: £1600
Bal: £1475.23
Interest: 15.9% (APR)

Total CREDIT CARD Debt:
£10237.10
(Down from £11057.96)

I recieved some money back from screenselect.co.uk as they were charging my credit card for an account I was not using, I stupidly never picked it up, until months later and they have now refunded £155.00! (So that was a result!)
I have painted about 10 paintings so far this month and hopefully by selling these by the end of the month it will bring me down to below £10K!

Again it a long way to go but Im liking the idea of setting myself targets, i.e. getting below the £10k barrier and then the £9K.. etc...

Ive been doing ALOT of reading on these boards over the last few weeks and ive ordered a save-a-flush bag for the loo, and im looking at joining in on the monthly food shopping challenge next month. Im currently budgeted at £150 a month for two people but im sure we can bring that down!

I also sold a painting to my OH parents at a bargain price of £30 so thats allowing me to go on my cousins b'day trip to Alton Towers this weekend.
(£10 minibus, £15 entrance, £5 food)

Will update you more as and when!....

Robert_Sterling_3

Good luck Larry with your attempt to earn more, spoend less and clear your debts.
When you have assembled all the facts you might care to set a target date for clearing your debts.