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    • illustrateddame
    • By illustrateddame 12th Sep 16, 8:17 PM
    • 19Posts
    • 26Thanks
    Finally on the road to being debt free...
    • #1
    • 12th Sep 16, 8:17 PM
    Finally on the road to being debt free... 12th Sep 16 at 8:17 PM
    It's only just this past month that I've realised how much debt i'm actually in. I'm so glad I did, otherwise I'd carry on the way I was for who knows how long. I actually can't remember the last time I wasn't trying to pay my card off.

    I finally went through my statements and realised that I have amassed just over 12.5k over 5 CCs! I didn't even realise, I think because I just keep shifting the balance from my main CC, and sort of putting it to the back of my mind, so I "only" had the 3k that was left on that one. I think I had a mini heart attack when I realised the true amount. I dread to think how much money I have paid back to them that's gone basically nowhere.

    I hope to be debt free in May next year, before my 30th, but a concern I have is that my family don't know how much debt I'm in, and I just constantly worry about them finding out. They know I have one credit card because they know I'm trying to pay it off, but it's so hard to tell them why I can't afford great Christmas or birthday presents, or when my partner is speaking about going on holiday again. It's so difficult to say no to things like that. I don't want to tell them and I don't want them to know. I'm disappointed enough in myself without adding them to it, and I know for sure my dad would hit the roof as he is a "if you don't have the cash for it you can't get it" man. If only I'd listened!

    I guess I just wanted someone to know that I am getting on top of it now, without having to disappoint anyone when they find out the truth.

Page 2
    • illustrateddame
    • By illustrateddame 16th Oct 16, 11:11 PM
    • 19 Posts
    • 26 Thanks
    Thanks PMo2

    Just hoping I don't get derailed by the OH wanting to go a holiday next year, since now he knows the extent of my debt he knows I can't afford it!
    Debt at 04/09/2016 = 12,757.68 / Debt today = 8,588.70
    DFD: May 2018 (hopefully!)
    • illustrateddame
    • By illustrateddame 14th Jan 17, 1:42 PM
    • 19 Posts
    • 26 Thanks
    Well. It's been a long time since I've posted, but I'm still feeling good about my spending, or lack of it!

    I've managed to stick to my budget and not buy things I don't need, apart from at Christmas when I got money as part of my gifts. I spent this on some treats for myself rather than putting to my debt. I felt that that would keep my on the wagon, and, it was all stuff I have wanted for a while.

    Also, going the way I am, it look like my DFD has shifted to maybe Dec this year rather than May of next!
    Debt at 04/09/2016 = 12,757.68 / Debt today = 8,588.70
    DFD: May 2018 (hopefully!)
    • SkintTeacher
    • By SkintTeacher 14th Jan 17, 1:54 PM
    • 47 Posts
    • 126 Thanks
    Amazing! Well done you. I will be following your journey to the land of debt free!
    • Purplemumof2
    • By Purplemumof2 14th Jan 17, 3:22 PM
    • 4,067 Posts
    • 12,014 Thanks
    That's great well done
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    BC: 8650.00 Overdraft: 2750.00

    20p Savers 2017 2 Savers 2017 50p Savers 2017 SPC 10 2017 #003
    • LauraB89
    • By LauraB89 14th Jan 17, 4:36 PM
    • 120 Posts
    • 238 Thanks
    Just popping by to say: amazing progress! Looks like you have paid off around 1/3 already

    Keep it up - you will be debt free in no time!

    Barclaycard - 180 Lloyds OD - 0 Halifax OD - 0 Emergency fund - 100
    Halifax CC - 926 Lloyds Loan - 455 HTB ISA - 2,682 Shares - 15k
    Total debts - 1561 Total Savings - 17,962
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