Wednesday, 8 April 2015

DEBT UPDATE - APRIL

This month has been a more successful debt repayment story.As I am now working part-time I can't pay as much as I use to but this month I was able to pay off £187.39. My debt is now £8,323.10.

If I carried on paying £187.39 a month, and if I can keep switching my debt around to 0% interest rate cards, I could be debt free in, erm, around 44 months so nearly 4 years.......

I am hoping to clear my debt before then but as I am shortly going to be starting maternity leave it is unlikely that I can accelerate payments for the time being but I have a few ideas which hopefully will generate some money which I will share with you all if they pay off. 

I hope everyone had a nice Easter and that your debt repayment is going well. 

Does anyone have any ideas of generating income from home?

Thursday, 26 March 2015

Rising Energy Costs

Rising energy costs are a major cause of concern for most families living on two modest paychecks. At the same time, soaring temperatures are forcing more and more homeowners to invest in air conditioning systems that account for nearly 43 percent of the average household energy bill.  The good news is that minimizing your energy utilization is not as difficult as it seems to be. A few simple steps like buying the most energy efficient air conditioning unit and improving the insulation and sealing around your home can help you make huge savings on your cooling costs. 

The infographic below has more tips to help you maximize the energy efficiency of your air conditioner. 




Infographic created by Sovereign

Tuesday, 10 March 2015

DEBT UPDATE - MARCH



I have good news this month. I have secured a temporary part time role which will certainly assist with the cash flow. I think at the end of this job that I will start maternity leave as I am finding pregnancy quite tough and I don't really want to be commuting when heavily pregnant but I'll see how things go - I might be all sprightly come May(!). 

I have been doing a few balance transfers this month which means that my debt repayment has not been so brilliant (actually this is by far my worst debt repayment month) as I have incurred fees. My minimum repayments have also reduced and as my job finished in February I was very hesitant to make any extra payments this month. However, hopefully I'll be able to make some decent extra payments during April as I should be paid at the end of March. I now only have two credit cards. My debt is now as follows:-

Credit card 1 - £2,873.11
Credit card 2 - £5,637.38 

TOTAL: £8,510.49

So anyway, a rather embarrassing show this month. I hope your debt repayment was better. 

On a slightly different point, my twitter was hacked. Has this happened to anyone else recently?