My Debt Confession UK | Debt Free Journey | UK Budget | Debt Avalanche
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- Опубліковано 18 вер 2024
- Today I am going to be writing down everything I owe, and sharing my plan to become debt free! It's scary when you write it all down, but it feels soo good to put a plan in place to clear it all! :)
Having a plan to pay off the debt let’s you know that there is light at the end 💕
It definitely does 😄💗
Gosh, thats one of the scariest videos I've seen, well done to you for getting the snowball thing happening !!
Sometimes it's good to write it all down and then you can clearly see your plan of action, well done x
Definitely! Thank you 😊💗
Just a heads up, Some companies charge fees for paying off loans early, so check your t+Cs before you put lots of effort into paying those last two off.
If you don’t get charged fees for early repayment then that’s brilliant, if you do, then pay off all the other debts and when it gets to the ones that you won’t benefit from repaying early, let it run its course, and snowball the payments into savings.
Thats a good point, Thank you 😊
Thank you for sharing, what a great plan you have! Best of luck! X
Hey, I calculated your debt repayment and you're missing 50 pounds p/m starting from CC1. You're total per month isn't 420,93 but 470,93. With my calculations you could be debt free (except for your car) by Sept 23. And with almost 1600 paid for your car. You could be completely debt free by June 24.
Aw amazing, thanks for letting me know! 😊
New subscriber- great plan and makes it very clear when you’ll be clear of your debt. Amazing 🤩
Thank you 😊💗
Makes total sense paying off debt before saving. You can still do video's of your debt reducing monthly. Good honest video 💚
Thank you 😊 it will feel great to put all of that money into savings once its all paid off! 💗
Hi Jodie, just found your channel after searching debt confessions plans xx
Hi Jodie just found your channel and I subscribed. Great video . Can't wait to follow your journey.
Thank you Jamie 😊💗
Great way to work it all out. I think I might apply the same method!! Xx
Well explained. You have a great plan in place 😊
Thank you 😊💗
The trouble is there will be interest building all that time so you may be off a month or so before it’s paid off.
Don’t treat the car like a debt. Focus on others.
Sounds like à smart plan! Just a question, how are we looking for interest on the cc’s and loan? Hopefully don’t effect it to much on a few months, but I’m always curious about those numbers.
Thank you, my credit cards are 0% for a while and my loan is a fixed rate until the end 😊
@@jodiebudgets4927 that is awesome!
Hi new sub x great video x
How did it go ? Did you payoff your debt
You need to get your overdraft paid off after you pay your dad interest rates are diabolical.
Its with a debt collection agency now so the interest has been frozen, but I definitely agree to pay overdrafts first usually! Thank you for your comment 😊
Save a little so you can cover and uh oh expense.
I have an emergency fund 😊