At some point I may start a journal but for now I just want to share as I'm feeling great this morning
Starting point for month at 1st September!
Debts:
Dad (house deposit) £7,000 @ 0% - This is interest free but treating as urgent because it's my Dad and paying £1,000 a month until clear.
Credit Card 1 - £811 @ 35.9%
Credit Card 2 - £1,698 @ 30.9% - I know, I know... *winces in anticipation of facepunches* I have been carrying these balances for around 2.5 years
Car - £5,012 @ 9%
Debt total - £14,521
Payments this month:
£196 Made regular payment to Car 1
£1,000 straight from salary to Dad.
£2,509 - Sold car 2 which is fully paid up for and threw it all at the credit cards which are now ZERO. Later I will enjoy destroying the cards! :)
As a bonus, I received a call yesterday to say that I have overpaid my student loan by £831 and they are transferring it back in a few days! This will go straight towards the Car 1 debt.
In total I will have paid back £4,627.90 in short term debts in September! It seemed impossible before I started but in a ridiculously short space of time we are under £10k to go!