-
No more messing around
Have been lurking around reading diaries for some time. Have decided to finally post, and make myself sort my debt out. I’m living with my mum at the moment, working full time, pay minimal contribution, and buy own food. Biggest out going is car insurance, that I pay monthly. This will reduce by around £120 per month from…
-
Oh Bum's to it all
My username reflects my current mood. I just want to pack it all in, escape to an island and forget I ever had debt. BUT.....I can't do that. I was doing okay, I had reduced my debt but then I [STRIKE]might've[/STRIKE] had an episode and spent 10k on my Amex. Whilst it's a huge issue that I've spent all this money, the…
-
Finding joy in frugality
I'm fortunate to have no debt (other than my mortgage) and to spend within my means the majority of the time. However I don't feel that my spending habits are as healthy as I would like them to be and I'm pretty embarrassed by how many clothes I own and continue to accumulate . My spending is very much tied to what is…
-
Debt free by 30
Hello everyone. I thought it would be best to start a debt free wannabe diary. I am currently 27, (28 soon eeek) A bit of background of my life; I got pregnant quite young (19) and moved into rented accommodation with my daughter at 21, things didn’t work out with her dad so I was a single parent for 3 years. Back then I…
-
Need to stop wishing for the lottery win!
Hello, So i had my LBM on Tuesday 14th February 2018. Happy valentines day!! :) I have made a start on our SOA but it is still a work in progress, i will post it up once complete but in the meantime here is a breakdown of our debt's as they stand today; * Car Loan - £2,800 (interest free from bank of Mum and Dad) * Caravan…
-
I can't lose my home.
Good evening all. When ever I feel like I'm getting some where, another spanner gets thrown in the works. I'm a mum of 3 and being threatened by my land lord L&Q that I may lose my flat. This all started last year, I won't bore you with the ins and outs but keep it short. I contacted my landlord to tell them tht I was…
-
I'm going to have to get creative...
I'm writing this here because I hope to have a record of digging myself out of debt. I'm trying to be optimistic but it's a large amount compared to my income. I'm not able to work - I'm a carer - so my income is <£100 per week in total but these are my debts: CC 1 - 1388 - 25.95% CC 2 - 400 - around 5% for 3 months CC 3 -…
-
Seeking advice
Hi this is my first post. I've been trying to get my finances sorted out for the last 9 months. This has involved making a budget plan every month, living very frugally and within my means, selling things on eBay etc, not increasing my debt, and paying off my debt. I'm feeling a lot more positive and more determined to…
-
Small Debt, Smaller Income, big potential?
*gulp* I should've done this years ago, or at least one year ago, but hopefully, I'm not too late to nip this in the bud. Back Story I was employed, and salaried for 15 years until suffering a stress/depression/anxiety/work-related breakdown a couple of years ago. Luckily, I received statutory sick pay for a year, which…
-
Debt so high - gotta wear an oxygen mask
Thought I would post this in the hope it will show me that there is light at the end of the tunnel and the numbers are going down. Long story short husband ploughed a lot of money into a business over 10 years which has now gone into voluntary liquidation and we are left with personal debts and business debts as he had to…
-
In debt and unemployed
Hey everyone! I’m new to this site, not sure if posting in the correct place! Just after a bit advise really or perhaps there’s someone in the same situation as me! I’ve recently become unemployed and single, with 2 children to take care off! I’m in approx just a little under £3000 of dent. My main debt is with Barclays…
-
indigowarrior baby steps.
I have attempted these dairies in the past and haven't done well. Usually my enthusiasm wares thin quickly. My current situation at the moment is that I am disabled and live in my godfathers spare room. My living costs are low but I am running against the clock and will have to find somewhere new to live in the next year.…
-
Depression
I have suffered with depression (diagnosed by GP) for 6 years. I got into a lot of debt due to not paying credit and store cards and balance transfers. I was really struggling to pay all the cards when I was advised to use a Trust Deed. They take over your debt. I pay a DD to them each month for 4yrs. This seemed a good…
-
Credit solutions
Pls can anyone help. My friend took a gym membership out. Cancelled by email and in person. He notices a direct debit going out of his account. Made a DD Indemity as unsure what it was. Later a . Letter from Harlands saying he owes this money as it relates to a gym membership. Can I just say he set this up in November and…
-
Clearing up loose ends.
Need t ore do maybe delete
-
Debt Free By 2019?
Well - i attempted one diary and failed at that :rotfl: Debts are in my signature and have not changed much but trying to juggle repayments with driving lessons and savings for a car - PS first time car insurance judging by quotes - ouch :eek: The CC has been brought down and back up again as I've paid a chunk and then had…
-
Took the first step.
Today I took some steps forward. 1) I admitted my finances are out of control - I owe £25,327 in unsecured debt. 2) I talked about it with my family. 3) I gave notice on my property and agreed to move in with my parents, at the age of 35, to focus on paying off my debts. With a good income £42K pa and minimal outgoings…
-
£50k to zero - made it across the finish line
TL:DR; version - £50,241 of debt paid off. Starting debt higher than gross household income. Thanks to a spending overhaul and strict budget, debt has been paid down with no settlements, no windfalls, no DMP. ****** In December 2016 I had my lightbulb moment when a travel insurance payment got declined. Debt at that point…
-
Im gonna do it
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…
-
Time for action
Hello. So, my story is pretty similar to all the others. Lots of debt, not quite enough money to comfortable handle it all, drastic action needed. I've tried to sort this out without starting my very own debt diary, but I'm struggling to keep myself honest and not spend on stuff I shouldn't. This seems to be helping a lot…
