3 Month Review

Hello,

I wrote at the start of the year that I owed £11.267.29 in personal debt.

Well 3 months on and I now owe £8915.66.

Debt Reduction  £2351.63

I've got this down by snowballing,selling on eBay, cashback sites and overtime ( too much overtime!)

I'm not sure that I will get this clear by the end of  the year but I am working on it (interest is such a pain isn't it?)

I received another £42 today from swapping energy suppliers and that has gone straight off a debt (the chosen one) and I'm looking at where else we can cut back to chip away at the outstanding amount.

I know we could be properly frugal and bring it down even quicker but I don't want to be cold or give up my M&S  mash!

Thanks for all your interesting posts, money saving and crafting they're definitely keeping me on the right track

 : - ))  x

Another One Bites the Dust! Under 10K !

Hello,

No passive income yet, waiting for payments from Quidco    : - ((
However.... after selling anything and everything on eBay and my £2 tin, I have managed to clear another debt completely!  5 down now and under 10K worth of debt. Now the smaller debts have gone I can concentrate on snowballing more on the big ones and enjoy watching them come down.

Hurrah! On target for the end of the year.

20% Down! Well almost!!

Hello!

Feeling pretty pleased with myself ( not smug, I'm nowhere near good enough for that yet!) : -)

When I started getting a grip if my finances I had 10 debts to clear, today I have cleared the  2nd,earlier than  I needed to. Yay!

So, when I started in June of this year my total personal debt was £14,530.00

Now it stands at £11,875.57

I've cleared £2,654.43 in 5 months!  Thats 18 %  
Hurrah! 

How are you doing?