Friday, 12 June 2015

DEBT UPDATE - JUNE

I'm so late with this month's update. I don't really have any excuses, I am on maternity leave so really should have done it as I have had plenty of time. That said, I have been able to keep myself amused whilst waiting for the baby to come along. The house is clean and the clutter is quickly being dispersed. I am fully prepared for the baby so it is time now to relax (and blog).

This month's figures aren't in any way spectacular, they are only the result of the minimum repayments:-

CC1 - £1,714.08
CC2 - £6,318.25 

TOTAL: £8,032.33

I am a little gutted that I didn't keep my eye on the ball and pay an extra £33 - it would have been ace to have been under £8,000. However, I have made £32.96 profit today with Ebay which I am pleasantly surprised about. I am getting to the stage where I don't have many decent items left to sell and 8 out of the 10 clothing items I listed sold so I am pretty chuffed with that. This profit will go towards my debt along with £1.58 Quidco cashback that I also received this morning. However, I am not sure what debt to put it towards - CC1 is now pretty low and I quite like the idea of clearing that asap, however, a partial balance from CC2 will need to be transferred in October (probably to CC1 otherwise to CC3/4 which currently have nil balances) in which case reducing that as low as possible would make better financial sense. 

As usual I hope your debt repayment is going well!