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Advice on Defaulting and DMP
Hi everyone I'm very new to all this so would like some advice on how best me and my husband can approach our debt situation. For background, this debt has been an accumulation of expenses since 2018 (from my husband moving from our home country to the UK, crazy expensive visa fees over the last years, parent's death and…
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Experience of negotiating with Lowell
Hello, apologies if this is the wrong part of the forum to post this, I don't post very often. I've had a debt hanging over me since 2005. I've got £8000 outstanding which I've been paying a very small amount off monthly to Lowell who've had the natwest debt for around 4 years. They have written an offer letter for 50%…
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Help with offer made by Lowell
Hello, apologies if this is the wrong part of the forum to post this, I don't post very often. I've had a debt hanging over me since 2005. I've got £8000 outstanding which I've been paying a very small amount off monthly to Lowell who've had the natwest debt for around 4 years. They have written an offer letter for 50%…
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I just need to be better and develop some good habits
Hi everyone! This isn’t my first money diary, but a lot has changed since my last entry. My income has increased substantially, and I now have a partner. Together, we’ve been fortunate enough to buy a lovely home, valued at £700k. That said, my lifestyle has evolved—so much so that my past self might hardly recognize me!…
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Refresh: My 6 year journey from -5 figures to +5 figures (it was 4 years, but I messed up)
Hi everyone, For the last 18 months I've just been trying to survive, pay a lot of tax bills that are due and tread water without having to consider going bankrupt. I've just been servicing my debt over and above this, always dipping into it and never reducing it - it was a problem for another day once the tax was dealt…
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Returning to UK after 9 years, will my old debt be a problem?
I left the UK 9 years ago owing around 30K for credit cards/loans and am looking at returning. I never actually received any CCJs but am aware that they could have been delivered in my absence, so I'm unsure of my current 'financial status' in UK I have tried an online search but it only covers the addresses for the last…
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Worrying about debt everyday
Hi everyone, I’m getting to the point that I’m thinking about our debt all the time but don’t see a way out. My husband is self employed and doesn’t put money aside for his tax and so when he gets his bill it hits us and we have to scrape the funds together and of course this has had a knock in effect of having to buy…
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2024 - slowing down, simplifying and saving up for a more intentional life!
I’ve decided to draw a line and start a new diary ahead of the new year. For background, I’m in my mid 40’s, Mum to one amazing little boy and feel as though I’ve never got a grip on this whole adulting lark! This is reflected in the very chaotic nature of my life and the way I budget / manage the household finances (or…
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General.debt advice
Please advice. Someone i know has been paying off some debt for over 5 yeqrs through monthly amounts set out by step change. They are looking to move house due to disabilities This would be a smaller property. At the moment they carnt save due to paying off the debt that was occurred. Does any body know if it will conti ie…
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One final push BPD vs DFW
Good Afternoon all, I have been debt free before and even had a good little pot of savings. But in 2022 I suffered from a BPD spiral so big it landed myself (35f) and my husband (35m) into £32k worth of debt in a mere 6 months with nothing to show for it. Since then I have been signed up to Stepchange and am down to £23k…
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Facing up and cracking on
Hi We are in debt and we need to face up to it as I do not want it to define the next few years of our life. In a nut shell, we moved to a house that was slightly over budget and did a lot of DIY. Debt as of July 2016 £20,485.45 We don't act like we're in debt, we just carry on as normal. I am hoping this diary will help…
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JC's DIREy
Unfortunately I'm back. I've not been on the forum for over 7 years and things in that time have been up and down. I came back across this forum having started thinking properly about money, and resurrected my old account. It was fascinating (in a weird way) to read my single thread from back then. In a stream of…
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New Adventures Debt Free
Hi all As I'm sure is a somewhat common story, over COVID and the cost of living crisis we really struggled with I've recently been offered a new role in Australia, and have arrived a few months ago with a relocation package from work. Unfortunately the interest is just too high to be workable in our UK debt anymore. I've…
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Time to act like an adult...
Pretty much what the title says really, it's time to stop making silly decisions and finally get my life in order. I've made pretty much every bad financial decision a person can make. Payday loans, high interest credit cards, I had one CCJ years ago that thankfully is gone from my credit file now but I have a handful of…
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I can do it: £41,000 debt in October 2023. Debt-free in March 2025?
Updated Debt-Free Plan October 2023 I updated my debt free plan to including paying off secured debt (including student loan). Now buying house in Autumn/Winter 2024, pushing back my DFD by 1 year to 2026 (was 2025). Starting debt in October 2023 Total debt: £41,265.45 -Credit cards: £12,532.70 -Loans: £11,248.18 -Student…
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Diary of accountability... in all aspects of life!
Hello This is my first diary here, which I am hoping will help me take some accountability not just with my finances but other areas too. As well as getting my finances on track I also really need to lose some weight (about 4-5 stone ideally), and de clutter my home! Clutter is mainly things accumulated from the children.…
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Getting It Together one step at a time and wedding planning
Hi everyone :smiley: I've been lurking on here for a while now and I think its high time that I get my !!!!!! together! I am pretty high earner (£80k) but I have barely any savings and very much feel like I am living month to month. Over the past 4ish months I've been trying to consistently save and stick to a budget but…
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Renovation Spiraling Debt - Reduce Debt Cost
Good morning We moved into our first property over a year ago and have spent a considerable amount of money to modernise including some extensive building work. Unfortunately (or stupidly!) the costs were all paid by credit and as you can tell from the title those costs spiraled! I am looking for some general critique of…
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Geriatricmum vs inner voice: A monologue
Me: "Kids are at school and nursey, workout done, kitchen clean, 100th wash in the machine.... Time to relax with a cuppa and maybe browse the sales." Inner voice: "you have £44.39 in your current account and zero savings" Me: "yeah but I can pop it on the credit card!" Inner voice : "you're currently using over 92% of the…
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31st December 2025 - coming for you
Just making a literal 1 sentence start. Figures and more detail to be added in the next few days.
