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    • MSE Martin
    • By MSE Martin 26th Oct 06, 3:03 PM
    • 8,110Posts
    • 42,245Thanks
    MSE Martin
    The Debt Free Roll Of Honour
    • #1
    • 26th Oct 06, 3:03 PM
    The Debt Free Roll Of Honour 26th Oct 06 at 3:03 PM
    Update Jan 2018. 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.

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

    Back to Martin's original post...


    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


    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."

    Past Debt Free No Longer Wannabes (huge congratulations)

    2016 TOTAL: 85

    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[/SIZE][/B][/COLOR]

    2015 TOTAL: 115!!

    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

    2014 TOTAL: 92

    2013 TOTAL: 81

    This Forum tip was included in's weekly email!
    Last edited by MSE Andrea; 12-01-2018 at 11:07 AM.
    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

    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
Page 79
    • Honeylife
    • By Honeylife 10th Aug 16, 9:35 AM
    • 51 Posts
    • 103 Thanks
    It Can be Done
    Lightbulb moment 2011

    Debt ab £8500
    Debt free January 2016

    SAVINGS ACCT August 2016. £1200

    Pearls of Wisdom
    Cut up all CC, bin all Card Offers.
    Write EVERYTHING down. Seeing how much you spend is REAL
    Keep all receipts
    Join forums like a £1 a day for tips, read MSE everyday for tips
    Move your utilities other bill eg I went from mobile bill £30pm to £12pm!!

    Shop for cheaper food and look for reduced and offers. Lidl Aldi Cook more and freeze stuff. Use your Grocery coupons. Dont buy lunch at work. Just Dont! Take your own (left overs) stuff in. Loose the Starbuck etc coffee too.

    Sell stuff on Ebay or Gumtree every 99p adds up.
    Get a Lodger Get a Lodger Get a Lodger £7,500 tax free per annum - this was my best move by far! Even if you have to move into the small room or make your kids share, just do it!

    Go Camping - cheaper holiday
    Shop for clothes/household on Ebay. I would see the labels/outfit /item I wanted on the high street then hunt it down on Ebay, for a fraction of the price

    If you see an open Skip - check it out!! Got free roller blinds was able to sell two on Ebay and keep two. All in excellent condition.

    I joined Zipcar and saved over a £1,000 in the first year. As long as I am in a city with car clubs I will never buy a car again! Walk Walk Walk its healthier and saves you loads of dosh (who needs a gym membership)! Get a shopping trolley. Or memorise the bus routes if its really more than 5 miles!

    No Treats! I just think thats a fallacy and can cause you to slip back. Dont spend what you have saved. Immediately pay off your debts. If I saved £30 I would wake up go online and pay it towards the Electric/Gas or Credit Card.

    If you have to do birthdays, weddings or other obiligtry celebrations, look for offers on Groupon or share the event with someone. Go back to one present rather than several! At Xmas I made jams and fudge, packaged them that was my presents. Kids got one USEFUL present.

    Save a coin! Not the coppers (well you can) save a coin like £2 or 0.50p. On one occasion I had to do a wedding and was about to refuse with an excuse (i am skint) when I remembered I had a tin with £25 in 50p pieces! Train ticket and a drink in there.

    Teach your children to be frugal and careful. Teach them how to shop and how to cook. Teach them how to budget. Teach them how to save rather than spend on credit.

    I am still frugal still careful, trying to build my savings up to a point where I can relax a bit. Its a lovely feeling to be debtfee. It can be done.
    Last edited by Honeylife; 10-08-2016 at 9:45 AM.
    • misselvis
    • By misselvis 13th Aug 16, 5:42 PM
    • 280 Posts
    • 748 Thanks
    Amazingly inspirational tales that will keep my dfw motivation up

    Thanks df folks
    misselvis proud and in motion - dealing with her debts step by step DFW #107
    challenge pay off 6.5k by the end of 2017~ £388/£6500 challenge 1% challenge = 6% of debt cleared; challenge - build up 3 months emergency fund- £0/£6000
    • mesci
    • By mesci 20th Aug 16, 11:22 AM
    • 19 Posts
    • 27 Thanks
    Finally Debt Free - Thank you
    Lightbulb moment : 2009

    Largest debt amount : £43k

    Reason for Debt : Being to naive and nice to an ex partner (thinking that splashing out money on them would make everything better!), getting out loans in only my name, and then being left with them and a mortgage to pay on own.

    Final Debt Paid Off : Saturday 13th August 2016

    Lessons Learnt :

    Use MSE Debt Free Forums - I've been an avid lurker, often not feeling confident to give my own advice, given the situation I got myself into, but I did rely and use a lot of the extremely useful advice given by the wonderful group of people who post on this forum. Though I have helped out and given advice to friends and family who have found themselves in similar situations (though it did always end in "go look at the Debt Free Forum on MSE" or "Use MSE it's a great resource".

    Get a good budgeting system - whatever works for you, just use it religiously. I used YNAB (pre-monthly charge) and found it inspiring to see the 'net worth' report slowly creeping upwards over the years. That and being able to record every little bit of spending really helped me to analyse where I could cut back.

    Be Honest - just as I was going on a self-managed debt plan with my creditors I met a wonderful man (now my husband) and I told him about my debts on our 4th date. I wanted to be open and honest, so he knew what he was getting himself into, and so he knew I was handling it and would continue to do so on my own (my debt my responsibility) but that it might mean less nights out, more economic day trips/holidays etc. Didn't stop us enjoying ourselves occasionally, but it helped me immensely having someone to talk to.

    Cut Back Where Possible/Earn Money Elsewhere - I immediately got lodgers into my two spare rooms to try to abate the mortgage demands, and I sold everything I really didn't need - e.g. the Wii box that I only occasionally used, clothes I'd only worn for one or two special occassions, old soft toys I was harbouring. I cut back on frivolous spending (with the help of YNAB, and found other cheaper ways to entertain myself (walks in the Peak District, rather than cinema trips). I got rid of the TV licence (as I could back then, as I never watched TV), I got a library card and started reading lots! I become an avid giver to and user of freecycle, and I became self-taught in many aspects of DIY/car maintenance, including plastering, tiling, floor laying etc. It also spurred me on to getting a better paid job, doing free or low cost courses online to help me advance my career path, and I know earn twice what I did when I got into debt problems.

    Keep Everything in Writing : At first I got very stressed with everything and the best piece of advice I got from this forum was to only correspond in writing, I politely asked all debtors not to call me, and if they did I asked them to put anything in writing (calmly and politely). But this always gave me a chance to breathe and take stock of any options.

    What's Next?

    I still have 2 defaults to come off my record from 2 debtors who kept refusing to default me, they'll come off over the next 2 years. But I have no credit cards, and for a few more weeks no debt - until we sign for our mortgage on our new house (but that's an okay debt!).

    We're expecting our first child in December, and as soon as they're old enough I'll be teaching them all about budgeting and being careful with their debts (as much as I can).

    In the meantime I'll look at ways I can improve my credit score, and ways I can help my friends and family.

    So thank you to everyone for supporting this lurker!
    • villemo84
    • By villemo84 20th Aug 16, 8:56 PM
    • 4 Posts
    • 24 Thanks
    Long time lurker finally debt free!

    Took a while for the stuff to sink in...

    a. The date of your lightbulb moment - I had a debt awareness for quite a long time though other life circumstances meant that decided to tick along until I could do something about. LBM as in formulation a plan of action - July 2014
    b. Debts at their highest - 19,777.53
    c. Debt-Free Date 24 June 2016
    d. Your one perl of wisdom.
    Keep going even if you cannot make a dent in the debt just yet. At my worst, from December 2013 to June 2014, I knew I was going under by extra 400 a month, partially paying mortgate instalments from my overdraft, though at that time I decided to concentrate on other aspects (family matters and qualifications), knowing I will be able to make a start as soon as the qualification will be sorted.

    e. Links to the MSE guides that helped you - debt free forum, going through other people's SOAs and comments was very useful
    f. Which forum threads helped you - StressedSteph's diary, INOD's diary and Kate_fixing_it's diary were particular inspiration in the toughest parts before I could make a dent in the debt
    Debt at the start of the journey (31/08/2014): £19,777.53
    DFD 24 June 2016
    2016 is THE year!!!
    • blu3sky
    • By blu3sky 26th Aug 16, 10:12 AM
    • 26 Posts
    • 38 Thanks
    Another long-time lurker finally debt-free!!!! Can't believe it's my turn to post here

    Lightbulb moment: April 2015, pushing credit limit on a card that I'd gotten for 'emergencies only'...

    Debts at their highest: £2700- felt like a lot as a student working part-time in London!

    Debt-Free Date: 26th August 2016
    I've also saved £2000 in a Help to Buy ISA so I could have paid it off a bit sooner but I found saving at the same time as paying off debt really motivating!
    (my debt was 0% so that's why I broke Martin's rule of paying off debts before saving )

    Pearl(s) of wisdom:
    Track your spending
    There's a reason why this is a pearl of wisdom for so many people! It's really hard to cut back/set a realistic budget if you don't have a good grasp of how much you are actually spending. I used YNAB ('You need a budget' budgeting software), which I would highly recommend, but a paper spending diary/spreadsheet/counting up receipts would work too. The important thing is facing up to the truth of how much those top-up shops/flat whites/Diet Cokes/lunchtime trips to Boots/are costing you

    Baby steps are ok
    I started out by trying to pay off massive chunks of debt at a time and would give up completely when I inevitably had to spend back most of what I'd paid off... Remember that it took a while to build up the debt so it's ok if it takes a while to pay it back! To start with, I focused on one thing each month, e.g. keeping my grocery spending to less than £80 or only buying lunch once a week. Once you've had a few successes then you'll feel more confident and less inclined to give up when things don't go quite to plan.

    Links to the MSE guides that helped you
    Switched using the Cheap Energy club, Help to Buy ISAs guide, The Demotivator tool

    Which forum threads helped you
    Everything on the Old-Style board, especially the monthly Grocery Challenge. Reading through all the comments on SOAs, lurking on people's Debt-Free diaries...
    Debt Free since 26/08/2016

    H2B ISA £2000
    • lsmcal1984
    • By lsmcal1984 2nd Sep 16, 9:33 AM
    • 4 Posts
    • 13 Thanks
    Fail to plan, plan to fail
    The date of your lightbulb moment: mid-2011 when I knew I couldn't carry on living from salary to salary and never having any savings.

    Debts at their highest: £50k, a lot from my early 20s: including very high interest London Scottish loan with CCJ; several high interest credit cards (Vanquis, Aqua, Capital One) and a high interest Co-op bank loan (25%) - due to CCJ; £8k student loans (from 2002); several defaults on Payday loans; GAINs on two high interest store cards and defaults; Hire Purchase account with £3k balance and 50% APR; 25% APR overdraft.

    Debt-Free Date: 26th July 2016

    Pearls of wisdom:

    Fail to plan, plan to fail: If you don't track your spending with a budget and set yourself spending limits then you'll never regain control to become debt free.

    Do you research: Two books - Simple Wealth and The Money Secret - really helped me understand how money snowballs both with debt and savings - the secret is using interest to your advantage, and not "keeping up with the Joneses".

    Understand the true cost of any debt you will take on: And how much you will actually pay back.

    Examine every debt you have and challenge it: I had several debts and defaults written off through negotiation, and others I had interest frozen. Some people say its controversial but when procedures weren't followed, the debts are technically unenforceable. It's a lot of effort but it can pay off and save you thousands:
    My bank loan had £2.5k interest refunded because they hadn't sent an annual statement to me as required under the Credit Consumer Act.
    The London Scottish Loan turned out to be unenforceable when I challenged their endless spamming letters, and it was written off.
    I got a few over the limit charges on Vanquis, that I successfully had refunded when I requested them.
    I got my bank charges refunded when I challenged the bank
    You have to muster the energy to take control.

    Links to the MSE guides that helped you: Help to Buy ISA, Energy Switching, Coupons

    Which forum threads helped you: Grocery Challenge, Debt Free Wannabe

    And finally, remember this: Debt is a terrible master but an excellent servant.
    • pineconesjay
    • By pineconesjay 9th Sep 16, 12:54 AM
    • 53 Posts
    • 81 Thanks
    Lightbulb Moment: I'd have to say I finally got really serious about debt paying around 26 December 2015. It has always been one of those things that I was 'trying' to do - trying to get out of debt - but starting 1 January 2016 was when I really kicked it into gear.

    Debts at their highest: I started the year with $7,500 in debt, but before that we had been in debt for 10 years, sometimes as high as $25,000AUD, but it went up and down a lot. (Yes, trying to get out of debt while also accumulating more on a different card, sigh)

    Debt Free Date: 9 June 2016.

    Pearls of Wisdom: Cut up the cards, don't add more debt. Keep an Emergency Fund. Don't pay more towards your debt than you can afford - if you get too enthusiastic and end up having no money for groceries then you've paid too much. Read, read, read, to keep you motivated. (Read Mr Money Mustache - Your Debt is an Emergency). Plan, plan, plan, to keep you on track. Visualise your life without debt. Live frugally. Buy second hand items, but only if you really need them. Healthy foods are cheaper than junk foods. Cook from scratch as much as possible.
    Last edited by pineconesjay; 09-09-2016 at 12:58 AM.

    Car Loan $9,999
    Debt Free in 2018
    Investing through Acorns $59
    • naff123
    • By naff123 14th Sep 16, 7:57 PM
    • 212 Posts
    • 316 Thanks
    The date of your lightbulb moment 2012 it took 1 or 2 attempts to get going after getting stung by an expensive DMP that charged £25 a month on debt payments of £126.00 and with losing jobs etc but persistence paid off. Also found it incredibly hard to keep motivated whilst battling depression

    Debts at their highest - 2011 about £7500-8000

    Debt-Free Date 14/09/2016

    Your one perl of wisdom.
    If you haven't got the money don't buy it! Save up, the balance builds quicker than you think with a bit of careful buying and finding bargains, reducing your bills! Also just because you want something now will it still be useful in 2-5 years? If the answer is no then you could probably go without! Finally for the love of god please please please do not bury your head and ignore it because then the balances increase and pressure builts and something has got to give and 99% of the time it'll be you that breaks

    Links to the MSE guides that helped you - I wish I knew about some sooner I can't think of any off the top of my head sorry

    Which forum threads helped you
    - Self Employment, Debt Free Wannabee and Freebies
    • Gazza1964
    • By Gazza1964 15th Sep 16, 6:25 PM
    • 317 Posts
    • 209 Thanks
    Got the letter from Stepchange today.....

    "Congratulations! You're debt free"

    Lightbulb moment: July 2012

    Debt at highest: £16119

    Debt-Free Date: September 2016

    Pearl of wisdom: I don't really know. I have been lucky to have been supported by my partner, to have found this website and to have been directed to Stepchange. I cant tell you anything you don't already know by finding your way here.

    Thank you to everyone.
    • C&S
    • By C&S 19th Sep 16, 6:26 PM
    • 1 Posts
    • 16 Thanks
    Debt free 1st Nov 2016!
    Lightbulb Moment: March 2011 - realised that our outgoings were now going to be more than our income. Stupidly thought about taking on more debt to consolderate our credit cards into one smaller payment that we would have paid for years. Then phoned Payplan and an advisor told me how credit card companies work and how to move forward which in our case was a DMP.

    Debts at their highest: brace yourself! £72,210.62 (mine and wife's credit cards)

    Debt Free Date: 1st November 2016

    Pearls of Wisdom: Don't have credit! No debt equals less bills to pay so you'll have the money to save for something quickly. But If you do & transfer your credit card balance to a better deal to save money, cancel the original card. You'll just spend on the original one too and end up with 9 cards like we did!

    It's been a long road and I remember seeing posts on forums where people were about to or had just become debt free and just couldn't imagine it. The thought of being debt free gave a similar feeling to imagining winning the lottery. In just 6 weeks we'll be there and then we can start living our lives! It is possible even with £70k of debt!!
    • SpekySquarehead
    • By SpekySquarehead 29th Sep 16, 8:48 AM
    • 1,860 Posts
    • 14,812 Thanks
    Lightbulb Moment:
    Valentines Day, 2016. I went overboard in spoiling my GF in an attempt to maintain the lifestyle that the money on my CC’s made me look like I had. As I handed her various gifts in the room of a fancy hotel I was getting a sinking feeling just picturing the amount on my CC’s.

    Debts at their highest:
    Just over £5k

    Debt-Free Date:
    Today, 29th September 2016

    Your one perl of wisdom:
    YNAB. I read a lot of good reviews and thought it was too good to be true. I dived right in with their podcasts, webinars, user guides etc and it completely transformed how I look at money and soon brought me out the depressed state I was in as I felt in control.

    Links to the MSE guides that helped you:
    The Daily O/S Thread where everyone was super friendly and helpful every morning. It’s my new routine;
    What small DFW things will you do this week;
    No Spending Turtles;

    And if you had a debt diary on the Debt-Free Wannabe board (DFW), a link to it:
    My Debt Free Diary, and what will be my savings dairy;
    Debt Free Date: 29/09/16
    • eco farmer
    • By eco farmer 30th Sep 16, 8:39 AM
    • 110 Posts
    • 410 Thanks
    eco farmer
    The debt is gone !!!!!!!!!!
    5 Yrs ago after some big ticket spending we were informed/realised that our DS was drowning in the state sector. so we have faced 5 yrs of paying school fees whilst paying down the debt on variable self employed incomes.

    we are very blessed in our avg incomes but there have been some real dark days and frustrations along the way.

    debt at its highest was over 15K
    This site has been a real inspiration i have followed much of the advice I have read on here and its kept me going at times when the debt seemed to be going the wrong way.

    My real reason for posting is to thank the following dairy keepers for taking the time to regularly post their ups and downs. They are a true inspiration to those whom follow them.



    Stressed Steph


    Ali OK



    and finally this thread itself.Dreaming of being able to post on here myself has been a real motivator. To everybody still on your Debt free journey keep on keeping on you will get there!

    debt free 1st October 2016
    • NewcastlePaul
    • By NewcastlePaul 1st Oct 16, 12:41 PM
    • 142 Posts
    • 330 Thanks
    Debt free after 12 years !!!!
    Lightbulb moment - 31st December 2004

    Debt at Highest - £128,596.72

    Debt free Date - 1st October 2016

    Pearl of Wisdom - Don't gamble, don't bury head in the sand, Don't bottle everything up. Tell someone !!!

    Helpful sites - This forum, Stepchange,

    I contacted Stepchange and today after 12 years of a DMP I am finally debt free. I was also lucky enough to have the light bulb moment to claim back the PPI below. I then used that cash to make Full & Final offers and clear nearly 43k worth of debt

    Current PPI Status as of 1st September 2016

    £9,262 Cheque Received (Lloyds Tsb)
    £8,190 Cheque Received (Barclays)
    £5,708 Bank Transfer Received (HSBC)
    £1,536 Cheque Received (Bank Of Scotland)
    £1,122 Cheque Received (Barclaycard)
    £0,625 Cheque Received (MBNA)
    £0,557 Cheque Received (Barclaycard - MS)
    £0,206 Bank Transfer Received (NRAM)
    £0,028 Cheque Received (Capital One)

    £0,317 Cheque Received (Goldfish)

    £1,906 Balance Reduced (NRAM)
    £0,563 Balance Reduced (Monument)

    £27,567 - Total Received So Far
    £02,354 - Total Offset against Balances
    £29,921 - Grand Total

    I am today as of 1st October 2016 my last Stepchange DMP Payment has left my account and I am totally debt free.

    I never ever thought this day would come and I am so grateful that I discovered Stepchange (CCCS then) and this board.

    It helped me get my life back and I will never ever forget that.

    Cheers all
    31st December 2004 - Debt was £128,596.72
    1st October 2016 - Debt Free
    12 years of Stepchange + PPI +F&F
    • daveg10
    • By daveg10 4th Oct 16, 9:15 AM
    • 4 Posts
    • 25 Thanks
    Its Over!!
    Hi, well last payment went out on 26th September and all being well that's it no more DMP!

    Lightbulb Moment December 2009

    Debt at highest £44,500

    Debt Free Date Now hopefully!!

    Pearl of wisdom read these forums for invaluable advice, support and information. Don't be scared or bullied by banks and corporations!

    Helpful sites This one, payplan, stepchange

    Actually ended up paying back £47,600 due to some interest added by certain creditors and knowing what I know now I simply wouldn't have paid them anything until interest was stopped, accounts were defaulted and passed on. But you live and learn and my wife and I have most definitely learnt our lesson!
    Last edited by daveg10; 04-10-2016 at 9:18 AM.
    • Ellieseleven
    • By Ellieseleven 5th Oct 16, 6:03 AM
    • 2,106 Posts
    • 6,792 Thanks
    Well done to each and everyone of you who has reached your debt-free goal. I take my motivation from you all, you are truly inspirational.

    Thank you
    Ellie x
    Debt Free 1st March 2017
    Saving for Xmas 2017 #1 £548/ £732
    DFBXMAS 2017 #18 £1978/1,978 100%
    EF #142 - 1027/1000
    • memberme
    • By memberme 10th Oct 16, 1:14 PM
    • 200 Posts
    • 51 Thanks
    Debt free in December 2015, but forgot to post it here. Nice feeling and a hard drive to get here, but worth it in the end.

    Good luck to all
    • thatchamlad
    • By thatchamlad 10th Oct 16, 1:38 PM
    • 65 Posts
    • 19 Thanks
    a. The date of your lightbulb moment 1st October 2016
    b. Debts at their highest - Over£100,000
    c. Debt-Free Date - Apr 2021
    d. Your one perl of wisdom- Denial is the mother of all evil. Owing money is not a crime and its not life or death, its just one of those things. Make a plan, stick to it and every time you pay a part of a debt its a step closer to freedom.
    Last edited by thatchamlad; 10-10-2016 at 6:34 PM.
    • Jonzo
    • By Jonzo 19th Oct 16, 3:35 PM
    • 3 Posts
    • 4 Thanks
    Debt free all my life
    I'm starting with one huge assumption, namely that having a mortgage does not count in this meaning of debt free. If that is the case then I can proudly. Say that I have never been in debt. From my paper round at 12 until two months ago when I retired from full time work, I have always had a job, had savings and never been overdrawn. Yes I did have a mortgage but paid that off at 55 and never remortgaged in order to fund extensions/holidays/cars etc.

    I was one of the lucky ones though. Going to university in the 1970's meant no tuition fees and a nice grant. Add to that the proceeds of working every holiday cleaning in a hospital and I left university solvent and able to buy a motorcycle as I embarked on my first full time job. Since then I have prided myself on never being overdrawn and when I have bought big items such as a car I have saved then bought. That meant second hand cars until I was 52 but the upside was always being solvent. I wish the young generation now had the same opportunities to go to university without incurring debt . They have been let down, not by my generation but politicians and policy makers.
    • Willowpop
    • By Willowpop 21st Oct 16, 4:24 PM
    • 817 Posts
    • 2,386 Thanks
    Didn't know about this thread until just now.
    LBM sometime early in 2013, debt free June 2016
    Paid off over 11k.

    Feels so good to be debt free at last. !!!128512;!!!128512;
    PAYDBX 2016 #55 100% paid! Officially bad debt free...don't count my mortgage.
    Now to start's a whole new world!!
    • QuietOne
    • By QuietOne 21st Oct 16, 6:42 PM
    • 125 Posts
    • 115 Thanks
    a. The date of your lightbulb moment: 2008 when my outgoings were through the roof

    b. Debts at their highest: around £32k

    c. Debt-Free Date: 21/10/2016

    d. Your one perl of wisdom: it is really tempting to borrow money to get the things you want. Don't, saving up makes it more worth while.
    Littlewoods £0/£750
    Barclaycard £0/£1,000 @ 0% Nov '18

    Goal: To be debt free by Oct' 31st 2016.

    Now debt free!!!
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