One down, two to go....

Hello again peeps!

 So, great news and not so great news since the last post. Good news is that after having secured a new (better paying) job, with the back pay I received I've paid off my credit card (and closed it!!!!!!!!) that was at 21.99% interest, and put a chunk onto the second credit card (chunk is the official term BTW).

 Just. Like. That. 

Whoooo!!

 I thought that there would be some kind of WoW factor to closing it. I felt capable. I felt business-like. I felt adult, which was kinda-cool, kinda-not... but it's done. Mostly, I just felt relief. Some of that ill, stomach-knotting feeling dissipated.

So, where does it all stand now?

May 2014
1st credit card = $905.03 (paid $94), (£503.95/52.34)

2nd credit card= $3489.96 (paid off $5383.04), (£1943.34/2997.47)

Debt to family = £4250 ($7,744.89/0)

Total debt over 12 years = $14050

                                               £ 7709

Total debt now = $12,140

                              £ 6661

 As you may recall, I'm not including the study debt at the moment, so this is where it's at.....

July 2014

1st credit card = $905.03 (paid $94), (£503.95/52.34) PAID!!!!!!!

2nd credit card= $3489.96 (paid off $5383.04), (£1943.34/2997.47)   -$1593.43 (paid off $7206.57) (£876.22/£3962.85)

Debt to family = £4000 ($7183.44/0)  £4330($7874.24)

Total debt = $9467.67/£5206.22

Amount paid off since last post=$9467.67 (£5206.22) minus $9467.67 (£5206.22)

PAID= $2672.21/£1469.71 in 3 months!!!!

Good news, one credit card closed. Bad news, family debt up by £50 and I haven't started to pay that off yet and unfortunately the dreaded OVERDRAFT caught me this month, ba bum!

Ahhhh!

 So, I thought, you know, that I might need it????!!!! What???? So, this month, add £300 to the debt (you read that right folks, I can slam down £300 in the blink of an eye).

So it now stands as:

July 2014

1st credit card = $905.03 (paid $94), (£503.95/52.34) PAID!!!!!!!

2nd credit card= $3489.96 (paid off $5383.04), (£1943.34/2997.47)   -$1593.43 (paid off $7206.57) (£876.22/£3962.85)

Debt to family = £4000 ($7183.44/0)  £4330($7874.24)
Overdraft = £300 ($543.78)

Total debt = $10 011.45/£5506.22

Damn it, that pushed me over into the $10 000 mark!


So, I've got to buckle in because I'm budgeting and planning to have this debt (not my student debt) paid off by the end of January 2015. There it is, in black and white.

Uh-oh - committed to a date!

Time to tighten the belt (or lack thereof - no more clothes shopping unless absolutely necessary (the only thing I could possibly need to buy would be shoes - I don't have that many). No extra luxury foods, recipe plans instead of impulse buys, and making extra for lunch every day. 

I already have one non-buy day a week where I will spend £0.00 (as well as a vegan day each week), so I think I'll up that to three days a week, starting this Monday. Check out my blog on what I'll be doing to save moola (and eliminate chemicals whilst I'm at it, not bad).

So, until next instalment, wish me luck!!

Cha-ching!