Hi all
Been a long time lurker on MN without an account but made one today so go easy it's my first post haha.
Myself and my DP are hoping to start TTC for our first. We are both financially ok, however I am still paying off short term debt. I say short term as it's a 7k loan but only 22 months on it. I also owe 4k On a credit card.
DP earns enough to support me through Mat leave but not enough to support my monthly repayments. My loan is £450 a month and I pay about £200 a month off CC.
We don't want to bring a child into the world in a struggle, so we agreed to wait until my monthly outgoings are virtually gone (both will be paid off in full in 22 months) but boy is it dragging..
I've been scrimping and saving like mad to continuously make overpayments. Would obviously never dream of defaulting or not paying loan back, I borrowed the money and of course I'll pay it back. Just looking for some advice on how I can get it shifted faster? Has anyone got rid of short term debt even faster and if so, how?!
I've got baby brain and the thought of another (nearly) 2 years waiting to even ttc is painful ðŸ˜