I declared war on debt in 2009, I haven’t bought any more than the bare necessities since! Today, saw a major defeat of debt in a huge battle. I came home and got onto moneysupermarket and various O% credit (with a 2.9% transfer fee…….still a 10% reduction in creidt charges) card deal sites and got a Natwest card and transferred my car payments, which were at a blood sucking 13.9% and transferred the 4.5K balance onto the card! I also scooped everything, out of every account we have and paid the last £650 off the last credit card (all of which had been transferred to 0% as well!!!!) The balance transfer will save me £549 in interest payments and (drum roll!!!!!) We now snow ball the payment from the car payments and what we were paying for the 0% credit card together and that means the last payment will go on on New Years Eve this year! All that will be left then is the home loan and with the snowball rolling in that direction…………….we will hit target by paying our last payment in July last year!!!!!
Never fear dear reader; I’m not about to go out and buy new clothes or pay to have my hair done (any way Foster Mummy gave me the best hair cut I’ve ever had!) Nor am I about to start shopping in Sainsbury’s or Marks and Sparks…………..life will go on as normal!
Oh yeah! And to celebrate? I switched on the gas boiler! Heated the water and had a deep bath!!! I can nearly afford it now!!!