I've lost momentum! I need some inspiration!

LianneH · 13 October 2011 at 10:13AM

We have recently paid off our "big" debt of £15k and we are so pleased!

We now only have a credit card (0% int) at £2500 (but its really bugging me!)

We seem to have lost the 'oomph' we first had when we started paying the loan.

I'm not sure whats causing it. Feelings of "we have paid it off" or "£2.5k is nothing in comparision to the £15k" or I'm just exhaused with it all!

how do you keep going?

MFSaver · 13 October 2011 at 10:58AM

Sounds like exhaustion to me. Sit back, have a cup of tea and enjoy your achievement in paying off the big debt.

It could be that you need a new goal. Maybe a rainy day fund of £X k? Setting aside money for a deposit? Or, putting money to build up your pension fund? The last one is certainly a massive goal.

red_scorpian · 13 October 2011 at 10:58AM

Hi Lianne,

Well done on paying off your big debt, i get the same feeling the day after.Christmas the big build to that special day,then it's all over and I wondered why I got myself into such a state ,that's probably what you are feeling,look back at what you have achieved and give yourself a wee pat on the back,and use your experience as a learning curve,now you can get on with your life:j:j:j:jTake care x

rising_from_the_ashes · 13 October 2011 at 11:35AM

Congratulations on clearing the big debt:D

It took me years to pay my debts off and I had a similar feeling to you once they went down a bit ..... but keep perservering.

Maybe it's time for a wee treat to keep you going - doesn't have to be hugely extravagent, just something you used to do but can't now ....

That should give you a wee boost and remember .... once they're fully paid off, you'll be able to have the odd wee treat more often:)

LianneH · 14 October 2011 at 7:36PM

thank you all for you replies, they have really helped! I took a breather from MSE for a couple of days and I've been able to put things into perspective! I've decided to give myself a mini target of getting the card below £2K before the new year so that should keep me focused but not so annoyed about the full amount! x x

beanielou · 18 October 2011 at 10:12PM

Well done you!
Keep plodding & great idea on the mini targets

troylee · 19 October 2011 at 7:29AM

I'm not sure whats causing it. Feelings of "we have paid it off" or "£2.5k is nothing in comparision to the £15k" or I'm just exhaused with it all!

ElmerFudd · 3 November 2011 at 2:15PM

Keep plugging at it. I know how you feel!!

gargrave50 · 3 November 2011 at 3:36PM

Everybody gets the blues with the old debt busting. I'm sure its like a high of planning a wedding, it feels so good at the time, then afterwards ................:(

Never mind, I'm my hubby's worst nightmare - always have to have a "project". Luckily for us my project of the last 2 years has been debt busting:rotfl::rotfl::rotfl::rotfl:. I'm not a fan of the "treat" recommendation (but that's just me). I start to get a bit prickly about what I could have used that money for:D!

The small target idea is a brilliant idea - enough to keep you motivated.

Good luck!!

LianneH · 3 November 2011 at 6:57PM

thanks for the comments and as you can see from my sig, ive managed to achieve my first mini target!!
got a carboot planned, but proceeds of that are to pay for a girly night out (at least its not on the credit card)!
I've found some much needed motivation from reading some of the diaries. I also need to learn that its not going to go away over night and not to punish myself everyday for it still existing!
Heres to being debt free in 2012 - i hope!!
thanks all you MSErs!!x

Soubrette · 3 November 2011 at 7:02PM

Well done on the debt busting - I have a friend who has real problems with her 0% debts (she has all sorts of problems with other debts too unfortunately

), she can't get to grips with them because for some reason they feel free to her as she isn't paying any interest. Could it be something like this?

Something that might be a motivator is to see how long you have on the 0% and divide the principle by the number of months with a view to putting that amount in a savings account and paying off the amount in full when the 0% ends - and you'd have a few pennies (literally in these days of paltry savings rates) to buy a bar of chocolate or something.

I've lost momentum! I need some inspiration!

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