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  • FIRST POST
    • Debtnomoreplease
    • By Debtnomoreplease 25th Jun 18, 6:41 PM
    • 159Posts
    • 368Thanks
    Debtnomoreplease
    Love the 1000 idea, so giving it a go!! (Sorry for the stolen idea)
    • #1
    • 25th Jun 18, 6:41 PM
    Love the 1000 idea, so giving it a go!! (Sorry for the stolen idea) 25th Jun 18 at 6:41 PM
    So I've seen a thread on here with the 1000 parcel idea-I love it! So I'm jumping on it. I've started a new thread for myself to keep track and help me focus and use every penny wisely.

    So I do now have (as of last month) have my first ever 1000 emergency fund!!! Eeekkkk!

    However, i need at least 6 months wages behind me for comfort to begin with.

    Today 25/6/18- I'm starting my first 1000 parcel, which I link to my bank savers, which I've just transferred 5.98-it's a start ha ha. Only 994.02 to go ;-)

    I'm going to keep my overtime seperate and throw it into this parcel, as I've been relying on it to pay my debt off-I'm now debt free!

    I'm aware overtime isn't always available, so I need to keep that in mind. I also have a second job and I will stop using that money as 'my wage' and throw that at the parcel. I get paid tomorrow from 2nd job, so whatever I get paid will be applied into the parcel.

    I give myself weekly 'spends' so if I have any money left each week, I will put into the parcel
Page 1
    • Debtnomoreplease
    • By Debtnomoreplease 7th Jul 18, 6:43 PM
    • 159 Posts
    • 368 Thanks
    Debtnomoreplease
    • #2
    • 7th Jul 18, 6:43 PM
    • #2
    • 7th Jul 18, 6:43 PM
    7/7/18. Added some more to my first 1000 parcel. Now stands at 333.34...only 666.76 to go! :-)

    I still have my emergency fund in a seperate account which I intent to keep adding to each month to build.

    I'm aiming for my first 1000 parcel (not thinking as the emergency fund as a parcel) to be completed by Septmeber at the latest. I've got an expensive month in Aug with car insurance, car needs a lot of work doing so got a seperate account for that and I'd rather over estimate the Bills than under, but it will be my first time paying my years insurance without having debt!!! That makes me happy!!
    • pidge04
    • By pidge04 8th Jul 18, 11:23 PM
    • 497 Posts
    • 1,390 Thanks
    pidge04
    • #3
    • 8th Jul 18, 11:23 PM
    • #3
    • 8th Jul 18, 11:23 PM
    Wow! That sounds fantastic!

    You are an inspiration!

    I need to remember this for when I am debt free.

    Will look forward to hearing how those pounds add up.
    CC1 2400/422 CC2 3000/2269 CC3 600/0 LOAN 13,000/5008
    • beanielou
    • By beanielou 10th Jul 18, 5:23 PM
    • 57,965 Posts
    • 238,408 Thanks
    beanielou
    • #4
    • 10th Jul 18, 5:23 PM
    • #4
    • 10th Jul 18, 5:23 PM
    Enjoy creating your parcels!
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 12 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger. MFW 2018. No 144
    • Shelbi
    • By Shelbi 10th Jul 18, 7:34 PM
    • 734 Posts
    • 1,756 Thanks
    Shelbi
    • #5
    • 10th Jul 18, 7:34 PM
    • #5
    • 10th Jul 18, 7:34 PM
    Hi Debtnomore,

    Absolutely love this idea, mind if I borrow it too....well done on making so much progress with your parcels and becoming debt free..best of luck!

    Shelbi xX
    DFD-01.03.2018
    Save for xmas-34/365
    Emergency Fund- 3,000/3,000 (revised amount)
    House Deposit- 4060.68/25,000.
    Oct'18- NSD- 0/20- Bring Lunch to work 0/20
    make-5pd in Oct-0/155 Wedding fund- 0/10k
    • Debtnomoreplease
    • By Debtnomoreplease 10th Jul 18, 9:44 PM
    • 159 Posts
    • 368 Thanks
    Debtnomoreplease
    • #6
    • 10th Jul 18, 9:44 PM
    • #6
    • 10th Jul 18, 9:44 PM
    Thank you Pidge 04. I'm loving see my parcel grow and trying to find extra pennies/pounds to throw at it-it's made me do an extra shift this weekend! Ha ha.

    Thanks beanielou-hoping for at least two parcels before Xmas!

    Hi Shelbi, of course-to be fair it wasn't my idea (saw it on here somewhere, but can't remember where) but it's so satisfying seeing it grow in a seperate account. And something nice about building a 1000 parcel as appose to an emergency fund. Ha ha.
    • Debtnomoreplease
    • By Debtnomoreplease 2nd Aug 18, 10:19 AM
    • 159 Posts
    • 368 Thanks
    Debtnomoreplease
    • #7
    • 2nd Aug 18, 10:19 AM
    • #7
    • 2nd Aug 18, 10:19 AM
    Wow-how time flies when you're debt free!

    Sadly, as of yet not been able to add anymore to my parcel as this month is super expensive, but I am organised for this which is a first!! Not a credit card or pay day loan on sight!!!

    Car having a lot of work done on it at the moment, so will see if any money left over from what I've put aside. If any left I will throw at parcel.

    I'm hoping to scrape at least another 100 together before the end of the month to throw at it.

    I've worked LOADS of over time, so will get that next month which will be thrown straight to this parcel...hoping an extra 300/400 plus after tax etc so I'll be well on my way to my first 1000 parcel.

    Once I've hit my target of my first 1000 parcel, I might book myself I a little weekend away-nothing crazy, then I'll set up my second 1000 parcel :-) It really motivates me to see the parcel grow, even when I as just pennies or a couple of pounds.

    Anyway, rambled on way more than I thought, but good to keep a check on myself!

    Happy Thursday folks!
    • pidge04
    • By pidge04 4th Aug 18, 9:32 AM
    • 497 Posts
    • 1,390 Thanks
    pidge04
    • #8
    • 4th Aug 18, 9:32 AM
    • #8
    • 4th Aug 18, 9:32 AM
    How is it going for you?

    When I am having a ahhhh, cannot do this day, I think of your diary and achievements and it motivates me a lot.

    How wonderful to have an emergency fund!
    CC1 2400/422 CC2 3000/2269 CC3 600/0 LOAN 13,000/5008
    • Scott-Weiland
    • By Scott-Weiland 4th Aug 18, 12:24 PM
    • 288 Posts
    • 619 Thanks
    Scott-Weiland
    • #9
    • 4th Aug 18, 12:24 PM
    • #9
    • 4th Aug 18, 12:24 PM
    So are you doing anything in particular like online surveys or decluttering to boost your income???
    Cashback Earnings Ish YTD 74.06 Survey Earnings YTD Ish 489.34
    "We are what we repeatedly do. Excellence then, is not an act, but a habit."
    Qmee 10.39 Since 3/10/2018
    • Debtnomoreplease
    • By Debtnomoreplease 4th Aug 18, 1:43 PM
    • 159 Posts
    • 368 Thanks
    Debtnomoreplease
    Hi, Scott-weiland, yes as soon as I got serious about my debt I got a second job on top of my full time job. I take as much overtime as possible and do the odd babysitting etc. I had a massive de-clutter and sold a lot on they buy and sell sites/at carboots, but that was all mainly before I joined this site. Cut back on gifts for birthday/ Christmas etc. Cut back on nights out and buying things I wanted...if I don't 'need' it, I don't get it.

    I'm now debt free, but still Har my second job and will continue to do overtime etc to build a fund I'm comfortable with.
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