28th March 2020

These posts were originally posted on the MoneySavingForums (a UK money management site), I am moving my journals across to WordPress to have them in chronological order. I’m not sure how much of other people’s words I’m allowed to copy across from one site to another, so in some sections I may summarise conversations.

I paid £100 onto my credit card both in January and February. For March I was able to pay £200 as it was bonus month at work (I think the bonus amounts got decided before the world went… like this). I was tempted to pay more off but it’s a balance between paying off debt and building an Emergency Fund. It was exciting to see my current account briefly go above 2K this month immediately after payday – very briefly, it’s back down now.  Late last year I was promised some money from my Nan’s will but there were delays even before everything shut down, so who knows when I’ll get the money now. Although I pay off £100 per month, I also get charged £3 a month as an account fee. I still hope to pay it off in August. I have £487.56 debt remaining and I intend to keep paying off £100 a month unless something happens with work. 
According to the debt thermometer started on 12th August last year I am 70% to the way of being debt free, and according to my savings thermometer I am 55% of the way to my initial Emergency Fund goal (£3K)

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