What have you learnt?

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  • Debtfree2018_2
    Debtfree2018_2 Posts: 107 Forumite
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    Thanks so much for all your advice super useful.

    I seem to have a lot more time on hand, since stopping online shopping, picking up the items, sending the items back...
  • Deep_In_Debt
    Deep_In_Debt Posts: 8,579 Forumite
    Photogenic First Post First Anniversary Mortgage-free Glee!
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    Shopping for bargains! Love it and I don't think I will change that now.

    I also never subscribed to the latest technology - I have no need nor desire for an iPhone - my PAYG works just as well and costs me just a few quid a month if that, since I use it for texting and occasional calls. £10 of credit can often last me 6 months. A colleague recently spent a lot of dosh on 2 new iPhone 6+'s. That's mad! I had different ideas on what I could do with the dosh she spent on the phones that will probably out of fashion in a year or so anyway.
    Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free :)
    Mortgage free since 2014 :)
  • Growurown
    Growurown Posts: 5,498 Forumite
    Debt-free and Proud!
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    You can't sort out a debt problem by taking on more debt.
    DMP Mutual Support Thread No. 421

    Debt free date 25/11/2015 - Made It!
  • Deep_In_Debt
    Deep_In_Debt Posts: 8,579 Forumite
    Photogenic First Post First Anniversary Mortgage-free Glee!
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    Growurown wrote: »
    You can't sort out a debt problem by taking on more debt.

    Good advice.

    I'm sure many have been there...I've got the T shirt.
    Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free :)
    Mortgage free since 2014 :)
  • Flutterby83
    Flutterby83 Posts: 141 Forumite
    First Post Combo Breaker First Anniversary Stoptober Survivor
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    The best things in life are free.....I was under the illusion that I had to buy my kids stuff to make up for things I never would be able to make up for, I set out on my debt free journey and learnt that my kids are happier with my time and not the latest fashion accessory that would need replacing in a month.
    I've also learnt that I can actually cook, but that's a whole different story!!
    Current Debt - Credit Card £3231.14; Hire Purchase £4,555; Catalogue £562.60, Loan £4754.88
  • midlander81
    midlander81 Posts: 205 Forumite
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    Great post!


    I have learnt that the key is to look at your spending. My previous half hearted attempts to clear my debts failed as I didn't realise that as well as having a repayment plan I needed to spend less!!


    I have learnt that you have got to look closely at your spending habits. I was spending £36 a month on cans of coke and pringles on the drive home!!!!
  • Debtfree2018_2
    Debtfree2018_2 Posts: 107 Forumite
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    Wow that is a lot of money on pop and crisps, but I guess it all adds up I'm sure you feel better for it
  • midlander81
    midlander81 Posts: 205 Forumite
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    Debtfree2018 wrote: »
    Wow that is a lot of money on pop and crisps, but I guess it all adds up I'm sure you feel better for it

    7lbs lighter although I do miss my drive time snacks lol
  • matttye
    matttye Posts: 4,828 Forumite
    First Anniversary First Post Combo Breaker Debt-free and Proud!
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    I like to think about how rich I'll be when I'm debt free! (compared to when I'm in debt)
    What will your verse be?

    R.I.P Robin Williams.
  • tealady
    tealady Posts: 3,742 Forumite
    Name Dropper First Post First Anniversary Mortgage-free Glee!
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    I learned that paying in cash made me think twice. Now I shop around instead of impulsively handing over my card.
    Also I have learned to treat savings as a debt to be paid. That means I now have a (small) emergency fund.
    Also this site is a fantastic place for advice and support, whatever the money query.
    Find out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)
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