It is Pay Day and that means Debt Repayment. Hurray! one step closer to being debt free.
As I have already paid for our upcoming Amsterdam trip and as the car needed to be repaired, this month I am not able to pay off quite as much as normal. Boo... :o(
CAR LOAN £0
CREDIT CARD 1: Was £452.58 Paid £120.00 Now £332.58
CREDIT CARD 2: Was £634.36 Paid £26.34 Now £608.02
OVERDRAFT: Was £300.00 Paid £0 Now £300.00
ORIGINAL DEBT: £1990.80
MARCH DEBT: £1386.94
APRIL PAID: £146.34
NEW TOTAL: £1240.60
I have paid 7.35% of my original debt back this month, and 37.7% of the total back since January . Small steps...
I am still hoping to be debt free by December at the absolute latest, and want Credit Card 1 finished by early June.
For those of you who have only recently started reading my blog (welcome!!) Credit Card 2 is interest free for 12months, so my priority is Credit Card 1 as I still pay interest. Though it is minimal, this month £2.45
I also put £200 into savings and paid circa £35 for my monthly service on the flat. All the other monthly bills have been taken care of. My direct debits (mortgage etc) come out of a bills account I set up so that so I never go overdrawn.
I need to set my April food budget. £20 / week. So £80 to take me until 26th April 2012.
I have also today been checking my tax code as it changes on the 5th April. I will be better off by £14 per month. Thank you kindly.
What could you do with £14??