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It's the final countdown...£10k to go
It's too long a background to go through, but I have kept a handy, if not 100% accurate, log of what debt I've paid off over the last 4 years, which gives some context: 2017 I paid off £6,164.44 2018 I paid off £2,184.60 2019 I paid off £8,928.25 2020 so far I have paid off £10,297.08 That's a lot of money. It includes 2…
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Time for change
Good evening all. Im new here and I have been reading some of the threads in this forum and felt inspired to start my own journey & thread. I have been constantly living well out of my means and have just slowly built up a debt of around 26k on loans and cards over the last 10 years...it cannot go on! I want to draw up an…
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Starting A DMP
Hi As you can tell I'm new on here but have been reading alot of usefull threads. I am in the process of starting a Dmp, but am confused about somethings, so hoping I could get some advice.. So I am ready to send off all documents needed to Step Change. But confused about when I stop paying my creditors & my overdraft is…
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Credit card
I'm 20 years old and have just moved into a flat with my cousin who owns the flat. I will be pay rent. I have finished college but haven't worked on a regular basis since then. I have just started a part time job 4 days a week in a coffee shop which I enjoy. I earn £800 per month. My wages are only enough to cover my share…
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I am the obstacle and I am the path (to debt free...again)
Hi all...new diary. Been pulled up by my bootstraps. Well, I have pulled them. Over and over again I get debt free, and then have some money and then it all goes again. Back in debt to the tune of £21,169 as of Monday night. This has bene going on for 17 years, and that is long enough, it really is. Earlier this year, with…
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Picked up the courage - DFD Sept 2025
After reading diaries for a year, I finally found the courage to start my own. Other than the mortgage £211k 🤪, we have one loan of £14k (£15,405 with interest) to clear. Don’t have lots of spare cash currently to overpay but going to build up anyway I can, then send to loan when possible. Current monthly payments are…
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Trying to stay in the black
Single mum of two desperately trying to make good financial decisions and get out of my overdraft despite endless outgoings!
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30 with 30k of debt
Hello, I thought I would start myself a diary so I can be more accountable for my spending! I had 3 children in 3 years and I feel with maternity leaves and me working jobs to fit around little children we just added to our debt every year rather than paid any of. In January this year we decided to take all 5 of our credit…
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First Steps to Solvency
Updated this with Feb-21 balances - new start lol. Personal only, no business/ property held in spvs. Feb-21 Balance Value LTV Jul 21 0% - C1 £6,320.00 £- Jul 21 0% - C2 £1,185.00 £- Jan 22 0% - C3 £6,450.00 £- Oct 22 0% - C4 £11,080.00 £- Overdraft £2,345.00 £- Range Rover £90,400.00 £85,000.00 BMW £34,950.00 £27,500.00…
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Taking off the yoke
I want to start from the beginning, so let me go back in
time a bit to 2014. 2014 - The Bad Old Days My wife and I had been married for nine years at this point.
We had a deeply loving relationship and a beautiful boy, so in the most
important respects, we were doing really well. But in one respect, we weren’t
doing well…
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7 years lack of control ... 18 months to regain it
I’m not going to go into too much detail but I’m £14k in debt after 7 years of no control , living for the moment. I’m getting married in 18 months and H2B has zero idea of my financial situation and I refuse to get married with this hanging over my head. In the last week I secured a new 0% BT card for 22 months and had an…
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Staying Debt Free despite huge income drop
Hi, was previously on here as igaveupnowimback but couldn't get signed in so had to create new account. Have had to change jobs - first time in my life was in a relatively well paid job - but have had to go for one with less hours - so will only manage to cover outgoings and probably need to apply for Universal Credit too.…
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Young couple saving for a house while renting privetly and paying off a loan
Hi. I'm not sure if I'm posting in the right forum or if I should be posting at all as I'm from the Republic of Ireland and understandably a lot of the forms here are UK based but admittedly I love reading the diaries I have come across and it has inspired me to write my own diaries. Currency wise, my layout would be…
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Happy day today
Today I held a card card cutting ceremony with my wife: * MBNA with 10K Limit. Part paid off and part transferred to a 0% card. Account closed. * MBNA with 7.1K Limit. Paid off and closed. * Santander with £6.3K limit. Part paid off and part transferred to 0% card. Account closed That leaves three cards to go, only 1 of…
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We love maman!!
This thread is a tribute to our friend and fellow MSE member maman, who has (sadly) left MoneySavingExpert, temporarily we hope! We just wanted to say a few words about how much we love her and value her MSE friendship over the 12 years she has been taking part here. Maman is helpful, positive, kind, down-to-earth, funny,…
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Time to Face The Music
We have decided as a couple that it is time to face the music and start paying down some of our debts. We are lucky that we are both in jobs that pay ok but we have at times been living beyond our means and now it is time to start reining in the spending and making a concerted effort to cut the debt. Moving house last year…
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My Debt Free Adventure
I am starting this diary with a positive attitude, hence calling it an adventure rather than the somewhat more apt absolute nightmare. I've been trying to get my debt down for the last couple of years but there always seemed to be something getting in the way - including, but not limited to, my blatant overspending. As…
