Yesterday I attended a horse racing event at the Goodwood Racecourse. I had never been before and, understandably, I was very much looking forward to it. Even though I did not bet (I am pretty sure I was the only one out there who didn’t), I had an amazing time and enjoyed my day out immensely! Today I was invited to a hotel function in Central London after work. I gorged myself on the beautiful food and delicious (non-alcoholic) cocktails that were served to us in the beautiful outdoor garden. Perfection.
As to my finances, I could barely hold my excitement as I knew it was time to make another payment towards my debt! Let’s see the figures –
End of June Figure -£9219
End of July Figure -£9088
End of June Figure -£4042
End of July Figure -£3713
End of June Figure -£13261
End of July Figure –£12801
I have put a total of £572 towards my debt this month, but what you cannot see here is that my bank took £112 in interest (I pay 15.9% interest on debt #1, but debt #2 is, thankfully, interest free). 15,9%! Seriously, what a rip off! I am currently looking at possible options to reduce my interest rate and will hopefully post an update on this soon.
I could have put another £360 towards my debt this month. However, this money is sitting nicely in my savings account and will be used next month (along with an additional £360 that I will put aside at the end of July) towards a purchase of my flight to South America. Some of you may remember that this is where I am going for my 30th birthday. Yes, I chose to travel while paying down my debt and no, I do not regret my decision as I am not willing to stop living my life because I have debt.
How are you doing with your debt repayment and savings goals? I hope you are rocking it!
Oh, and one last thing. I came to the conclusion that I prefer Eva to GCP! Hello again! 🙂