Published on August 1st, 2011 | by Pete1
August 2011 Update
We’re in the midst of summer, and I can’t believe how fast 2011 is disappearing. It seems to me that every year feels a little quicker than the last, but that could just be because I’m so focussed on getting to the next pay day to reduce my debts further! I did not manage to stay on budget in July; it was a hectic month with a lot of different money – sapping activities to pay for. I had to organise a stag do, and as the guests were somewhat tardy in paying me, I had to book things with the credit card. I fell into the trap of not using the money to repay the credit card when it arrived. It has been annoying, but the odd setback on the road to solvency is not a disaster. Anyway, enough of my rambling; I’ll get down to the figures as I have a best man’s speech to write.
After July payments, my total debt stood at £24,362.55. Now, after August repayments, the total is £24,450.13. That means my debt has increased by £87.58!! Never mind, back on track next month. A tip for organising stag events – get the money up front before including people on the guest list! So, how are you all doing?