Monthly Archives: December 2017

Minimizing debt into 2018

It’s coming to the end of another year and time to write a brief wrap-up post.

I think I have achieved a lot this year:

  • I finally got my Mazda MX5 through another MOT after a lot of hard work and that’s still ongoing.
  • I’ve been able to maintain a loving relationship which I am proud of, and through that, also made some new friends.
  • I’ve progressed in my job although that’s been a struggle, having to be put through potential redundancy early in the year.
  • My freelance work is still progressing, I tend to allow work to flow in via word of mouth so not to stretch myself but do pursue some leads when I can (sneaky feelers!)

I am attempting to reduce the amount of debt in my name. A while after buying my house (Keep calm, just bought a house) I required some additional money to buy furniture and decorate, and to also pay off some credit cards (consolidating debt). I immediately closed a credit card account thereafter. Credit cards are bad ideas. I am now left with one credit card and have just reduced the credit card limit to £1500 after they had increased it to £2900! I don’t want that temptation. If I don’t have the money, I can’t pay for something. Simple as. My loan will be near enough paid up at the end of 2018, so I’ll be able to close that too.

Considering I am only 27 I think I have done quite well. I have big dreams and passions but sometimes I have to look back and see how far I have already come.

I wish everyone a good new year, and remember to set achievable targets that you can reach!