Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • hysteria1989
    • By hysteria1989 12th Feb 18, 3:38 PM
    • 19Posts
    • 14Thanks
    hysteria1989
    Im gonna do it
    • #1
    • 12th Feb 18, 3:38 PM
    Im gonna do it 12th Feb 18 at 3:38 PM
    So after a couple of years burying my head in the sand thinking it would all be OK in the end i have come to realise i need to get it together and man up. After managing to rack up just over £18k of debt with many a silly decisions mainly me and my wife thinking we could afford to rent a house that was well out of our budget we have moved back to mum and dads and i have now added it all up contacted all the relevant companies and will begin the path to being debt free. Debts can be seen in my signature. my target is debt free by august next year and i believe that is more than achievable . just thought id share my journey with all you lovely people
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
Page 1
    • Purplemumof2
    • By Purplemumof2 12th Feb 18, 3:42 PM
    • 5,804 Posts
    • 21,546 Thanks
    Purplemumof2
    • #2
    • 12th Feb 18, 3:42 PM
    • #2
    • 12th Feb 18, 3:42 PM
    Good luck on your journey xx
    Official DFW Nerd Club - Member no. 791 - Proud to be dealing with my debts
    MBNA: £6750.00 Cap 1: £456.79 BC: £8800.00
    AFD 3/14 NSD 3/14 LTW 6/14
    POAMAYC 2018 #041 PD £1194.42/£4000
    Savings for Christmas £60.84/£365
    20p Savers 2018 £2 Savers 2018 50p Savers 2018 SPC 11 2018 #003
    • hysteria1989
    • By hysteria1989 14th Feb 18, 12:48 PM
    • 19 Posts
    • 14 Thanks
    hysteria1989
    • #3
    • 14th Feb 18, 12:48 PM
    • #3
    • 14th Feb 18, 12:48 PM
    Nothing paid so far but also very little spent with some extra money saved and coming in soon
    Phoned EE to see if i could reduce my phone bill only to be told ive been paying £4.99 a month ontop of my bill for a 1gb data add on i didnt know i have they've taken £30 off my bill as a goodwill gesture and also notified me of a gameloft subscription for .99p a week i knew nothing about.
    contacted game loft who will be refunding me £47 by next friday latest which will be going straight towards a debt most likely SSE.
    payday next friday and hoping to make shave around £1000 of my total so staying optimistic at the moment.
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
    • fatrab
    • By fatrab 14th Feb 18, 12:57 PM
    • 336 Posts
    • 638 Thanks
    fatrab
    • #4
    • 14th Feb 18, 12:57 PM
    • #4
    • 14th Feb 18, 12:57 PM
    Good luck with your journey to debt freedom!


    Have you a plan to pay debts in order of highest interest first?
    Make a plan. Stick to the plan. If it's not in the plan - DONT DO IT!
    February's Goals - 12/18 NSD - 12/19 Lunches - 19/28 AFD - 15/28 TAFD (take away free days)
    LBM Dec 2017 - Wannabe debt free by Dec 2022 - Wannalose 3st in the process - 1st 8lb lost so far
    14 x £2 coins (#32)
    • hysteria1989
    • By hysteria1989 14th Feb 18, 1:16 PM
    • 19 Posts
    • 14 Thanks
    hysteria1989
    • #5
    • 14th Feb 18, 1:16 PM
    • #5
    • 14th Feb 18, 1:16 PM
    No not really the majority of the debts are with creditors now and have had the interest frozen as a result so just going to pay them all off equally other than the car loan which is in good shape with no arrears for that i will be making the regular payment plus saving abit towards a early settlement offer
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
    • fatrab
    • By fatrab 14th Feb 18, 1:44 PM
    • 336 Posts
    • 638 Thanks
    fatrab
    • #6
    • 14th Feb 18, 1:44 PM
    • #6
    • 14th Feb 18, 1:44 PM
    I was just thinking the likes of Satsuma and Quick Quid must be eyewatering interest rates so was going to suggest clear them first, but if you have a plan then that's the main thing!


    Best of luck, it'll be a weight off your chest when the time comes and you're debt free
    Make a plan. Stick to the plan. If it's not in the plan - DONT DO IT!
    February's Goals - 12/18 NSD - 12/19 Lunches - 19/28 AFD - 15/28 TAFD (take away free days)
    LBM Dec 2017 - Wannabe debt free by Dec 2022 - Wannalose 3st in the process - 1st 8lb lost so far
    14 x £2 coins (#32)
    • hysteria1989
    • By hysteria1989 14th Feb 18, 2:40 PM
    • 19 Posts
    • 14 Thanks
    hysteria1989
    • #7
    • 14th Feb 18, 2:40 PM
    • #7
    • 14th Feb 18, 2:40 PM
    they are ridiculously high but quick quid will be cleared this month and satsuma at the end of next or possibly this month if i can find the extra cash
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
    • hysteria1989
    • By hysteria1989 17th Feb 18, 12:22 PM
    • 19 Posts
    • 14 Thanks
    hysteria1989
    • #8
    • 17th Feb 18, 12:22 PM
    • #8
    • 17th Feb 18, 12:22 PM
    Cheap couple of days for me not really had much in the way of outgoings but did get £100 from halifax this morning as a goodwill gesture for a complaint i raised meaning i could throw some money at debt so £81 paid to sse taking me to £899 owed to them and £20 spent on a few bits for the kids. should be a pretty cheap weekend for us as were all spending some time sorting the garden out for when summer finally arrives.

    roll on payday on friday so i can start making bigger dents into these debts
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
    • hysteria1989
    • By hysteria1989 19th Feb 18, 3:22 PM
    • 19 Posts
    • 14 Thanks
    hysteria1989
    • #9
    • 19th Feb 18, 3:22 PM
    • #9
    • 19th Feb 18, 3:22 PM
    Nothing paid today but also nothing spent and a £10 prepaid master card cashed out from swagbucks which i am hoping to be able to use as a payment to SSE although not sure if that is possible as never tried before but we shall see when it comes through. really tired of waiting for payday now just want to crack on and start clearing this asap almost makes me wish i was paid weekly then i would be seeing more regular progress.
    Free evening planned for tonight will be treating the wife to Take away from Bellas italalia with a £20 giftcard we got for Christmas plus a 50% off voucher for takeaway.

    roll on friday
    Hitachi (car) £6950 SSL capital £227.50 BW LEGAL £574 Lowell £796.77
    quick quid £187.68 SSE £980/£894 Barclaycard £3537.48 Virgin (MBNA) £2195.04
    Sainsbury's (Moorcroft) £1652.52 Admiral £332.41 Overdraft (Halifax) £850 Satsuma £116.20

    total debt £18399.60
    • savingholmes
    • By savingholmes 19th Feb 18, 3:44 PM
    • 8,837 Posts
    • 16,656 Thanks
    savingholmes
    Congratulations on starting your journey
    Today is a new day £1311/280 £10 a day Feb Challenge
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

5,360Posts Today

5,078Users online

Martin's Twitter