Its amazing how much better i feel about my debt situation these days :) I have found the £10 per day challenge especially beneficial because each month i have been able to focus on paying off a particular debt.


So far i have managed to pay off 3 of my debts completely and because of this i am now paying a higher amount off the remaining debts.  It feels brilliant to have made this progress even though its just been the smallest debts that i have paid off.


My new payment plan is as follows:


First Trust - £5.49     Balance  £1664.51


Egg Card - £5.00      Balance  £1549.03


Barclays Finance - £9.01    Balance £1733.99


MBNA - £7.55     Balance £3243.29


Barclaycard - £5.00     Balance £1584.00


MBNA 2 - £5.00     Balance £1548.23


Egg 2 - £5.00     Balance £1879.12


MBNA 3 - £8.57     Balance £3691.07


Barclays - £9.38     Balance £2415.62


My overall balance on my DMP is then £19,308.86.


When i started my DMP in October 2010 i owed £20,148.86.  This amount did not include 3 of my debts which were added to my plan later.  It is still a scary amount i have to say, however at least it is going in the right direction :)


My estimated debt free date at the minute is 27th August 2038