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Diary and plan
A wish to be debt free and on to mortgage free. CC 1 - £1644.55 (£491.82 0% until Mar24). £1152.73 interest accruing (think around 14%) CC 2 - £2385.00 (0% until Nov23) CC 3 - £2239.20 (0% until Mar24) Loan (family) £12,000 Emergency savings - £0 I have £500 left after bills so current plan:- CC 1 - £100 CC 2 - £25 CC 3 -…
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Time to grow up and stand up
Hello all, I lost track how many diaries I started (maybe 5, 6, ...) but then I realised little thriftylass is going to be 18 this year (her real life incarnation is a few decades older) and it's time to grow up but also be true to my values, and me more again. I started this diary later in the year as I have found if I…
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Got to get started Chipping away at it.
So ive been struggling with my debt for a number of years now . And have struggled with debt in the past as well . I came out of uni in what was comparative to my earnings at the time quite a bit of debt. Managed to sort that in my early twenties and was actually really well disciplined . Then I think I fell of the wagon…
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Very Old debts
Been in dmp since 2006 all debts had defaulted by 2007 clear of my credit reports now but still owe 14000 due to end in 4 yrs wish to know what discount I may get to pay all off them most individual debts of the total i range from anything from 100 pounds owing to largest of 1200ish split between 8 debt company’s many been…
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Journey North to Debt-Free and Become a Saver
Hello, So ultimately the goal is to repay my current level of debt using a DMP. I have chosen to do this through a debt charity. I was given bankruptcy as an option but it wasn't recommended. I'm a homeowner with a mortgage so I presume this asset would have been used to clear my debts. Not an outcome I want. I prefer to…
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Single income, AuDHD, £29k debt, no savings...turning the ship as of 2025!
I’m trying to decide what to do, between instigating the
process towards a self-managed DMP, or ‘just’ continuing to try and pay debts
each month until it is clear (likely in around 4-5 years…) I would really value the thoughts of those in this forum – I don’t have any
family to discuss this with, and live on my own (with…
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Doris's 60 Months Debt Journey
Hello, Decided to move from the "How Much Have You Saved?" board as I am currently back in debt thanks to a new kitchen which is the last major work that needs doing in our house, have been getting house retirement ready. Even though the debt is 0% and I do have the funds to pay in full, I just don't want to, rather have…
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When to DMP?
Hi all, Really sorry if I’m repeating on here but if I’m honest I’m not entirely sure how it all works on here yet! I’ve just had 2 letters from Lloyds to say they are closing my 2 accounts with them (load & credit card). I’ve stopped paying for 2 months now waiting on a default from these accounts, they’ve sent me another…
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Still dancing to blow the debt clouds away
Hello Dear Friends I have yet to look at my previous diaries… Here is where I am now …. 2025 marks a year of change….. I have finally finished a path I chose in 2019 to retrain so I wouldn’t be on the work heap at 49. I can honestly say that in the second half of my fifties I am in the best shape I can be mentally and…
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Dark Sunday Debt Free in 2027
After many attempts, I’ve started a new diary for the final push to eventually be debt free in 12 to 24 months. I’ll post some numbers in the next few days.
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Debt free by 30!?
I’ve been frantically reading lots of diaries over the past few days (and years!!!) and decided it’s time to start my own. I’m staring into the future and realising I’ve got 15 months until I turn 30 and need to get my !!!!!! together! Background: I’m a mum of 2 (4 and 10 months) and I’ve got a few weeks until I go back to…
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Taking control of the emotional spending. On my way to being debt free
Morning, I've been on here a long time and followed a lot of inspiration al journeys. It's time I now ensured I was following the same strategies to pay off my final three debts. The first is my mortgage. I owe around 167k and it is due up in October 2025 with a huge increase expected from my fix. The house is worth around…
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High interest mortgage
High interest mortgage
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Aci debt collection fraud
ACI debt collectors are bombarding me with letters and email about a non existing debt. These fraudulent contacts have been reported to action fraud who are investigating. I'd recommend registering any scams to action fraud. These people are criminals!
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After investing a boob job, time to tackle my debts
Hi all and thank you for clicking on my post. This is my first proper post on here so please let me know if I said/ done something wrong when writing it and apologies in advance. A little bit of background story: I (25F) have joined this forum specifically for taking for accountability and working towards clearing my debt…
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Am I trapped in paydown plans?
Hello. I'm trying to find a way out of debts of around £3500 (£1000 each on two credit cards) and a £1500 overdraft that I live in for most of each month. I've been reading recently about 0% balance transfer credit cards, but both of my existing credit cards are consider "Closed". I am on paydown plans, paying off about…
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SparFuchs' Debt Free Double-Life
Well I'm finally jumping on the DFW wagon. Very long term MSE member (by not a frequent poster), but my old account revealed a lot about my 'old life' so I wanted a completely clean slate. My debt free journey is quite modest by DFW standards, with a grand total of £2037 on one credit card (14.88% interest), but the bloody…
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Giving Up/Cutting Down Alcohol Thread part 18
Welcome to the Giving Up/Cutting Down Alcohol thread, part 18! This thread is all about helping people cut down on their alcohol consumption, mainly for health reasons, but it can also help with saving money, because alcohol isn’t just bad for the health, it’s also expensive. This challenge has been running since February…
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Student loan should I repay?
So I have worked really hard to be mortgage free and I currently owe £3269 on 0% Credit cards I also owe £2250 on my student loan. I know you are advised not to pay these off but mine has interest on it compared to my 0% cards and it’s small, i am likely to pay it off as I’m just 50, I work in nhs job so fairly secure .…
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FINALLY getting rid of this debt by the end of 2025.
I've been half-heartedly trying to clear my debt for some time now, but never actually REALLY tried that hard. Due to a change in my circumstanes (my income has decreased by just under £500 a month) I REALLY need to tackle this debt ASAP, before my income goes down again at the end of this year. I did a SOA and on paper, I…
