I’m ready. It’s time. Let’s commit.
I’ve been paying off my debts for years, but I’ve nearly got them down to £5,000 now, and the end is in sight. So I want to publicly set a target debt-free date. Making a public pledge means you, good reader, will keep me accountable along the way.
So, I’ve got to choose a date to aim for. To get me started, I took a quick look at my progress so far, which I’ve charted in the table above.
Now, this table tells you quite a few things. Firstly, you can pretty much guess when I got married, because my debts stagnated for about a year while I saved up for that instead. Secondly, it shows I’ve been paying off an average of £194 a month from my total debt pile since November 2011. God, that sounds a long time ago.
Thirdly – and perhaps most importantly for this post – if I carry on at this rate, I’ll be debt-free by around April 2018.
So this will be my debt-free target date, right?
Well, I’m going to go one further. I don’t want to be in debt for another 28 months. I’m ready to step this up a gear and get that bastard debt out of my life for good.
So…(drumroll)… I pledge to be debt-free by June 2017.
I didn’t pluck that date out of thin air. Looking back at my progress, I have had spurts of energy in this long, drawn-out battle where I was paying off debts at a faster rate. I’ll just have to do this all the time. I also want to set an ambitious goal to act as the kick-up-the-arse I need.
Wish me luck, people. I won’t let you down.