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  • FIRST POST
    • MSE Martin
    • By MSE Martin 26th Oct 06, 4:03 PM
    • 8,109Posts
    • 42,244Thanks
    MSE Martin
    The Debt Free Roll Of Honour
    • #1
    • 26th Oct 06, 4:03 PM
    The Debt Free Roll Of Honour 26th Oct 06 at 4:03 PM



    85 of you have posted on our Debt Free Roll of Honour to celebrate clearing your debts in 2016! If you haven't click reply!

    Huge congratulations to:

    OxfordGirl, datlex, sentientpoet, austonic, muppets, NJS2016, Bipolar_debt, monz, ab_saver, Money_Muppet , retiredandskint, lambda, Princesssparkle, Onmyway2, Seasidegal58, QuietOne, Willowpop, daveg10, NewcastlePaul, eco farmer, SpekySquarehead, C&S, Gazza1964, naff123, pineconesjay, lsmcal1984, blu3sky, villemo84, mesci, Honeylife, Karma67, timefortea, chocoholic_chick, purpleposting4, dangerpowers, e4rub, starnac, Carviscocker, Fender4, dolly84, Brightspark87, hoglet121, Bored, devon-tony, mrsbee17, Tony_, stekka, Kate_fixing_it, Gladioli, HornetSaver, sistercas, Tiglath, moneycantbuyyouhappiness, RosaBernicia, Catwoman_2015, Baldybear, Muhren, please-let-me-be-lucky, gig11, skilly, heartbreak_star, Frith, CornishMaid, tizerbelle, Ronoir,
    takingcareofthepennies, Mysteek, Sillygal, laura84gr, medusasmummy, depressed_but_determined, Soph86, princess_pea, bookworm262, Hobbes1, glentoran99, NoStrangerToDebt, CapricornLass, Serafine, 2spicy, mc2705, AshB123, koselur, mothernerd, BrandNewStart


    2015 total was..
    115!! Huge Congratulations to all!!! Now let's beat that in 2016!



    We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below.

    Read the most recent debt-free announcements: click the double arrow above to head to the last page of the discussion

    2015 GRAND TOTAL: 115!! (2014: 92, 2013: 81)

    nannygladys, beckle_82, neuromancer, Alpedro, Aphidgirl, LotsToDo, stewby, Pepperoni, Squarehead76, nonnynonny, danant, DML1954, mrshughes86, Blinky2010s, Rachiedabbler70, Playing with Fire, katy_ann, lexbubbles, diamonds, andy1886, stiltoncheese, looby1975, shofer, Karb, kittypimms, Growurown, Want_to_be_free, crazy_cat_lady, David123456, FinallyGettingFree, malnuman, ShirePiskie, black cat, boring1, kremmen, BlueEyedGirl, antonia86, ice_babe, Apple Crumble, LittleDutchgirl, natsplatnat, her_welshness, dads_albums, supersavor, KONG, HomeAlone, kerryallc71, fredtheguava, xxxJOJOxxx, The Only Girl, uncreative, NeverAgain2, Penny Bridge, boot13t, lemanie, gree0115, cakeforbrains, hydrangea, Cynical Monkey, tripled, ShopaholicNumber1, Lwsi, CrazyKitten, Nargleblast, kirstle99, Polly Wolly Doodle, SMGee, D3P0, MissShoes, kb_soma, Chimping, StrawberryJam132, maria3104, happycrafter, bassitt74, Ratison, GingerFurball, Tammy2, NewlyFrugalMumof3, cottage_retreatist, boucho11, *zippy*, MNM2903, allydowd, joee, Zabki, 7roland8, naughtymonkey, babyplum, NorthernMonkey1, Time to face the music, melwright, Daerve, johnboyinsole, Ali-OK, thewalrussaid, kika, Skinnylatte, fevlo, Seanymph, Smedley, poohbear59, happybunny86, spot3, xxlouisexx56 , Idollic, hannah2010, MrWillyWonka, Getmeoutofdebt, powellypowelly, AlexLK, Laconic, cluckyhen, rising from the ashes, KirstyO

    ----

    Welcome to the Debt-Free Roll of Honour.

    This is for Debt-Free Wannabees who are no longer Wannabees.

    Please report

    a. The date of your lightbulb moment
    b. Debts at their highest
    c. Debt-Free Date
    d. Your one perl of wisdom.
    e. Links to the MSE guides that helped you
    f. Which forum threads helped you
    g. And if you had a debt diary on the Debt-Free Wannabe board (DFW), a link to it

    And huge congratulations

    Martin

    PS Please no one else post - let's keep this a pure record of successes

    PPS Please come back to let us know Debt-free No Longer Wannabes - What they did next" discussion to tell us what you've been up to."

    This Forum tip was included in MoneySavingExpert.com's weekly email!
    Last edited by MSE Andrea; 03-01-2017 at 12:43 PM.
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
Page 87
    • beanielou
    • By beanielou 2nd Nov 17, 4:02 PM
    • 49,035 Posts
    • 182,063 Thanks
    beanielou
    Hi Iím debt free finally!! When do I get my badge?
    Originally posted by T9090H
    I'm sure MSE badger will be along to give it to you soon.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • womble65
    • By womble65 7th Nov 17, 11:44 AM
    • 469 Posts
    • 2,916 Thanks
    womble65
    So slow in coming forward
    Oh only just found this (so slow) Been debt free since paying off the mortgage back in 2012. Overpaid for years on MSE advice and saved a fortune. Can I get a badge please!
    Everyone seems normal until you get to know them
    • beanielou
    • By beanielou 7th Nov 17, 7:25 PM
    • 49,035 Posts
    • 182,063 Thanks
    beanielou
    Oh only just found this (so slow) Been debt free since paying off the mortgage back in 2012. Overpaid for years on MSE advice and saved a fortune. Can I get a badge please!
    Originally posted by womble65
    I'm sure badger will be along soon to give you one
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • jamesbrownontheroad
    • By jamesbrownontheroad 9th Nov 17, 10:55 AM
    • 570 Posts
    • 343 Thanks
    jamesbrownontheroad
    Hello everyone. Here to share some good news, and to offer encouragement to anyone following in my footsteps.

    I left home in 2001 and started out at university. Inevitably I had a student bank account with a gradually increasing free overdraft facility. This is important because it got me into a bad habit at the very start of my independent life. I pretty much lived in that overdraft for the next ten years, with grants, student loan installments, and part-time work only ever topping up but never killing off the debt. This continued through two years out, a two-year postgraduate degree and a three-year doctorate.

    A couple of credit cards followed, never more than two at a time, usually sliding debt from one interest-free account to another as the deals expired.

    I met and married an immigrant, and therefore traveled a bit more than my bank manager might have thought sensible. She moved to the UK for study, and we eked out a pretty basic living until my first proper job in 2012.

    At that point, I had a lot of unsecured personal debt. Maybe not as much as others who are sharing their stories here, but a four-figure sum that I never quite conquered. Since 2012, with the exception of just one six month period, I've worked full time in salaried employment since then.

    With the help of Noddle, I've been able to look back at all my open and closed financial accounts and see exactly how much I paid every month to every account. Some balance transfers skew the total (i.e. I paid a lot onto one credit card using another, so if I total all the monthly payments up it ends up duplicating the cost.

    But as of this month, I am proud to say that since 2011 I have successfully cleared £35,604 of unsecured personal debt, including the original sum plus all associated interest.

    It's all gone.

    For the last three years, out of a pay cheque of around £1,900-2,200, I must have sent £400-700 a month to pay off my debt. It's been a long tedious slog. But it's over now.

    To those who are following in my footsteps, be assured that you can do it. It will be slow, it will be boring but it will happen. There will be no quick rewards or quick wins. But you will get there.

    Having the right people around you helps enormously. My wife has been strict and forbidden me from easy lapses of discipline whenever something tempting comes up. You don't have to be in a relationship for this to happen. Trust the many debt support agencies and charities and talk to them. If you have a friend or family member, turn to them for moral support, maybe even financial discipline. Yes, there's a small chance that they will judge you, but more likely than that they will be honored that you have shown your trust in them.

    Good luck, and I look forward to reading your story here very soon.
    • MSE Andrea
    • By MSE Andrea 9th Nov 17, 12:23 PM
    • 8,833 Posts
    • 21,139 Thanks
    MSE Andrea
    Fabulous inspiration jamesbrownontheroad! Huge congratulations and thanks for telling us!

    Andrea
    Could you do with a Money Makeover?


    Follow MSE on other Social Media:
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    • Alexandra6
    • By Alexandra6 9th Nov 17, 1:00 PM
    • 1 Posts
    • 6 Thanks
    Alexandra6
    a. The date of your lightbulb moment. 01/09/2016
    b. Debts at their highest

    £3851

    c. Debt-Free Date

    09/11/17
    d. Your one perl of wisdom.
    Food and take away bills can be streamlined.

    Debts really need to be paid off and can see value of money have not just it being a number. Only then can spend it!!!!

    Good luck to everyone. I worked all my salary spare (not going out, £200 to spend) on paying it off and it feels amazing. To be honest Iíve had outside help as well for other debt so Iím really lucky. But Iím really pleased with this that I did pay off. Itís the only way.
    e. Links to the MSE guides that helped you
    f. Which forum threads helped you

    This one and debt free diaries

    Everyone is on the right track. It can be difficult not seeing the results. Sometimes the debt might be just too high and youíre never going to pay it off with monthly demands and outside help is needed. But the posts on the forum everyone is on the right track just hope it happens for everyone ASAP.
    g. And if you had a debt diary on the Debt-Free Wannabe board (DFW),
    • beanielou
    • By beanielou 9th Nov 17, 3:09 PM
    • 49,035 Posts
    • 182,063 Thanks
    beanielou
    Hello everyone. Here to share some good news, and to offer encouragement to anyone following in my footsteps.

    I left home in 2001 and started out at university. Inevitably I had a student bank account with a gradually increasing free overdraft facility. This is important because it got me into a bad habit at the very start of my independent life. I pretty much lived in that overdraft for the next ten years, with grants, student loan installments, and part-time work only ever topping up but never killing off the debt. This continued through two years out, a two-year postgraduate degree and a three-year doctorate.

    A couple of credit cards followed, never more than two at a time, usually sliding debt from one interest-free account to another as the deals expired.

    I met and married an immigrant, and therefore traveled a bit more than my bank manager might have thought sensible. She moved to the UK for study, and we eked out a pretty basic living until my first proper job in 2012.

    At that point, I had a lot of unsecured personal debt. Maybe not as much as others who are sharing their stories here, but a four-figure sum that I never quite conquered. Since 2012, with the exception of just one six month period, I've worked full time in salaried employment since then.

    With the help of Noddle, I've been able to look back at all my open and closed financial accounts and see exactly how much I paid every month to every account. Some balance transfers skew the total (i.e. I paid a lot onto one credit card using another, so if I total all the monthly payments up it ends up duplicating the cost.

    But as of this month, I am proud to say that since 2011 I have successfully cleared £35,604 of unsecured personal debt, including the original sum plus all associated interest.

    It's all gone.

    For the last three years, out of a pay cheque of around £1,900-2,200, I must have sent £400-700 a month to pay off my debt. It's been a long tedious slog. But it's over now.

    To those who are following in my footsteps, be assured that you can do it. It will be slow, it will be boring but it will happen. There will be no quick rewards or quick wins. But you will get there.

    Having the right people around you helps enormously. My wife has been strict and forbidden me from easy lapses of discipline whenever something tempting comes up. You don't have to be in a relationship for this to happen. Trust the many debt support agencies and charities and talk to them. If you have a friend or family member, turn to them for moral support, maybe even financial discipline. Yes, there's a small chance that they will judge you, but more likely than that they will be honored that you have shown your trust in them.

    Good luck, and I look forward to reading your story here very soon.
    Originally posted by jamesbrownontheroad
    Massive well done Dr
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • perfectxmess
    • By perfectxmess 13th Nov 17, 9:35 PM
    • 5 Posts
    • 17 Thanks
    perfectxmess
    Lightbulb moment: 3rd February 2017
    Debts at their highest: just under £13k (£7117 at my LBM) - all credit cards
    Debt free date: 23rd September 2017
    Forum threads that helped me: all the DFW diaries - so motivating and inspirational
    Pearl(s) of wisdom: Sacrifice now to win later! Don't wait for someone else to come and magically pay if all off for you!

    Increase your income in any way you can - overtime / 2nd job / ebay / collect your spare change / shop less etc

    Stay motivated and constantly remind yourself of why you're doing it. I watched a sh*t ton of youtube videos about budgeting & other peoples' debt free journeys. It really helps to see other people going through the same thing and succeeding.

    Congratulations to everyone else who has made it to debt freedom, and good luck to all still on the journey. You WILL get there and it will be so worth it! X
    • livinginhope
    • By livinginhope 14th Nov 17, 11:44 PM
    • 1,805 Posts
    • 1,710 Thanks
    livinginhope
    Lightbulb moment : march 2006

    Debt at highest : £102k

    Debt free : October 2017

    Pearl of wisdom : check your insurance and don't skimp on necessities for luxuries,no point in a bath bomb if you have no bath .
    • FrugalinShropshire
    • By FrugalinShropshire 28th Nov 17, 4:20 PM
    • 197 Posts
    • 1,764 Thanks
    FrugalinShropshire
    Freedom through frugalness
    We are now debt free We have paid off our £10000 loan in 4 years and 7 months.

    We now are mortgage and debt free and do not need to work. I am 52 and OH 58.
    Our lightbulb moment came when we OH endured a 4hour commute from London to Kent that would normally take him 40minutes. He hated his job and I was running back and forth to look after my Dad in his home. We decided then to downsize and move, taking my Dad with us.
    Jump forward and we have been in Shropshire for 4 years and 7 months
    We live very simply and very happily, we find pleasure in not spending money on stupid things. We have a wonderful frugal life and try and make every penny work. We use a cash purse system and save up and pay for everything. When we moved we didnít have the money for my dream cooker so we used a camping gas stove for 2.5 years with a halogen oven and microwave. It was fun to see what meals you could do using so little.
    I have privileged life now I believe as I can truely see what I really need and would never buy something I just want without researching first. Others may see our life as hard as we seem to go without the norms for a lot of people as we donít have a very big income, but we are much happier than we have ever been.
    Proud to be mortgage and debt free
    • beanielou
    • By beanielou 28th Nov 17, 7:05 PM
    • 49,035 Posts
    • 182,063 Thanks
    beanielou
    We are now debt free We have paid off our £10000 loan in 4 years and 7 months.

    We now are mortgage and debt free and do not need to work. I am 52 and OH 58.
    Our lightbulb moment came when we OH endured a 4hour commute from London to Kent that would normally take him 40minutes. He hated his job and I was running back and forth to look after my Dad in his home. We decided then to downsize and move, taking my Dad with us.
    Jump forward and we have been in Shropshire for 4 years and 7 months
    We live very simply and very happily, we find pleasure in not spending money on stupid things. We have a wonderful frugal life and try and make every penny work. We use a cash purse system and save up and pay for everything. When we moved we didnít have the money for my dream cooker so we used a camping gas stove for 2.5 years with a halogen oven and microwave. It was fun to see what meals you could do using so little.
    I have privileged life now I believe as I can truely see what I really need and would never buy something I just want without researching first. Others may see our life as hard as we seem to go without the norms for a lot of people as we donít have a very big income, but we are much happier than we have ever been.
    Originally posted by FrugalinShropshire
    What a lovely post.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • WorldTraveller
    • By WorldTraveller 29th Nov 17, 12:17 PM
    • 19 Posts
    • 30 Thanks
    WorldTraveller
    Only just joined MSE, we are now completely debt free having paid off our mortgage a couple of weeks ago. We have no other debts of any kind as we pay our credit cards off monthly and intend to keep it that way, looking forward to building up our savings and going on holidays!
    • rootofallevil
    • By rootofallevil 6th Dec 17, 3:38 PM
    • 7 Posts
    • 11 Thanks
    rootofallevil
    Hi All, not been on here for a while, became debt free 2 years ago after a lightbulb moment in 2006.
    Had £87k of debt when we registered with Payplan and an oustanding mortgage of £46k.
    A redundancy and a lump sum from my pension plus a reduced full and final settlement to my debtors finally lifted the rock from my chest.
    Without the help and support of both my family, Payplan and countless people on this forum, I dread to think where I'd be now.
    Pearlalk to people, even if its the people you owe money to,citizens advice,family, anyone. Most people WILL want to listen and help. Just don't bury your head in the sand, persevere, work hard and save at every opportunity and most of all, stay positive.
    My biggest driver was seeing my debt free date getting closer all the time.
    Thank you one and all for help, advice and encouragement along the way.
    • SnowBallBunny
    • By SnowBallBunny 12th Dec 17, 8:18 PM
    • 32 Posts
    • 67 Thanks
    SnowBallBunny
    This thread is amazing! I'll return here for inspiration. Congratulations to everyone here! I look forward to posting.

    I'll also find the nearest park and do a debt-free scream - Dave Ramsey style! Bless you all.
    Credit Card 1 £6,000/£5878.86 Debit Card 2 £5,000/£4747.63 Credit Card 2 £1,200/£960.66 Accountancy Bill £144 (Last Payment 14.12.17) Tax Bill £600 (Monthly instalments 15.12.17 - 15.5.18 / £150 per month) Debt Snowball Baby Step 1 Emergency Fund: £200 Total £12,187 (Emergency Fund £200)

    A SnowballBunny, hopping my way to Financial Freedom.
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