So here’s my latest summary statement. As you can see, I’m still almost £7k away from being debt free. However, as you can also see, I have managed to increase my monthly payment by around £70 to just over £200. This brings forward my debt free date to March 2019 from July 2020, so progress!
I’ve been able to make this change by shifting my utility providers to take advantage of the much better offers that are out there. I have switched from shopping at the big orange supermarket and now shop at one of the German ones. The biggest and most satisfying saving though is my dumping of the great television company in the wild blue yonder. Yes, I am officially satellite TV less.
You may ask why I’ve left it so long to make this move – especially in my position. Truth is, I’ve had a relationship with this broadcaster since first setting up home on my own in the mid 1990s. I probably didn’t need it then, and I certainly don’t need it now. So it’s gone and not before time!
I’m still challenging myself to have the debt cleared by Christmas 2017. This would require my monthly payment for the last 9 months to increase to around £500! Clearly this is quite a leap, so watch this space!