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In my 40s will I ever own a property.
So I have been in debt most of my life and have had diaries on here before but never kept up with them. This year I see a light at the end of the tunnel (sort of) and want to be kept accountable. So here goes... I have my finances split into different areas: focus, SB,
affordability complaints. £4412 – main focus £7694 –…
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The Spaniel man with a 3 year plan
Hi All, I don't expect many to comment at all, this is more of a personal accountability thread for me. I'm 29, live with the GF in England and we have a joint mortgage together. Due to bad decision, some old gambling debt and spending outwith my control I have refinanced all my debt and I want to tackle my spending going…
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A different pace of life
Hi everyone I'm not new here, but I've just recently signed up so I could start this diary. I've read so many helpful things here. Thank you to everyone who takes the time to post - you reach more people than you know. <3 My situation is not an emergency. I have 2 credit cards and a car loan and I pay just above the…
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Credit Score effects by moving money from a main account to a saving account with the same bank prov
Hello folks, I hope you all good. i would like to ask simple question which I can’t find a answer for it. I’m debt free since 2023 June. I managed to save up a couple of thousand £ on my main account. The same time I opened a new debit card for £500 limit to improve my credit score. Before when I opened debit card £500 my…
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The Lightbulb is definitely ON
So a new thread and linking my old, illuminating (at times very hideously dark) journey to being Debt free here - https://forums.moneysavingexpert.com/discussion/4432077/oh-my-life-light-bulb-moment/p1 What a life! But I’m here. Still standing. Pleased to be still in the black and aware I need to tighten my reins a little…
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Journey to reduce my £30k debt to Zero by 24th December 2024
Hi All, Short intro as I'm running out of time on my break. I've been lurking on and off over the years, since 2016 (so the site tells me) but I don't think I've ever posted. My debt has managed to creep up to £30k which is completely my fault and I have very little to show for it. Its a number I'm really uncomfortable…
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Debt free by 40...
Hi guys, I'm new here! After a post on UKPF Reddit this morning, someone recommended a diary on here..I didn't know that this was a thing, but I'm so glad I've found it and I'm hoping this is going to get and keep me on track! Background, I'm 35 and my husband is 34. We have a son who will be 2 next month. Mistakes have…
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Getting Over "The Terrible Mistake" and a Debt Free Target of 2026
Hi everyone In January 2022 I had to sit down and tell my wife that not only had I managed to lose over 100K in inheritance but tried to recoup those losses through adding approximately 25k in credit card debt. COVID also caused a huge drop in income. Through a couple of really crazy investments (Avoid AIM investing like…
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Time for a new start
So it's time for a new start for my diary. Previous diaries can be found here. https://forums.moneysavingexpert.com/discussion/5585379/drawing-a-line-under-the-debt https://forums.moneysavingexpert.com/discussion/5754979/drawing-a-line-under-the-debt-take-two#latest 2023 is going to throw up some financial challenges, so I…
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Shaking off the debt
At nearly 39 years old, I am ready to experience life, debt free. Can I be debt free by my 40th birthday? I doubt it, but let's see what we can do! I cannot remember the last time I didn't have any debt, and I've decided that, for me, at nearly 39 years old, this isn't how I want to live. I want to document how I feel…
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Advice on how to get out of debt I cannot pay
Hi, I'm new here and hoping to get some advice on the best way forward to get out of debt. I'm resident in Scotland. Context:I took out two personal loans a couple years ago whilst having a good career. My mental health (for which I have a diagnosis) deteriorated shortly afterwards, and have been working intermittently…
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Sell, save or repay
I'm feeling stuck! Me and my husband are separating. I can't comfortably afford the house on my own, so I had put it on the market but now I'm doubting myself because, if I didn't have debts to pay back, I could afford it. Currently I owe around £20000 in debts, some of it are from family to buy the house. My first thought…
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3 weeks with MSE and big improvements already
After only 3 weeks here I am taking responsibility for my money and have made some drastic changes. Got my phone and broadband halved, stopped gym membership and am working out in the open air, started shopping in a less food waste shop and am saving £20 per week on food, stopped the window cleaner for a bit and ended…
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Double figure debt to clear
So I totally forgot all about MSE and my old thread (now closed) which is reflected in my spending habits as I now owe around £10,000 again. I know I’ve done it before but I feel like the world is a very different place 11 years on! However no excuses, posting will keep me accountable and I just need to regain focus and…
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Figuring Finances Finally…
Hi everyone, I am starting this diary as a way to keep myself accountable as I undertake a debt busting journey. Some background…. I’m in my early 30s and live alone. I bought my house during the pandemic and as it was a fixer upper, it needed a lot of money spent on it. More than I had saved for or anticipated— right…
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Merged: Double figure debt to clear…again!
This discussion has been merged.
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Taming £12k
I meant to start this diary on 1 January, but better late than never, I suppose. I plan to add to it every day, even if it's not the largest update in the world, just to keep myself accountable. As you can see from my signature, I have four credit cards: CC1 - £1,418.78 CC2 - £2,097.48 CC3 - £4,250.46 CC4 - £4,905.78…
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I've really got to sort it out
Oooooomph. Where do I start? I just struggle with impulsive spending and keep spending without sticking to the budget and get debt accumulated on my credit cards. It is nothing out there either, just toys for my son, but mostly expensive food and snacks and takeaways. A little bit of clothes shopping here and there (but…
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Here I go... Start towards my Debt Free Life with a Self Managed DMP.
Hello- MoneySaving/DebtFree Wannabe here!! Have been lurking and reading through the DFW threads for
the past few weeks- a BIG thank you to all that post with your own experiences
and knowledge- makes this situation of mine feel a little less lonely and
scary. This coming month will be my first month I will not be able
to…
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Shopping addiction diaries
I have been a shopping addict for several years at this point, and I desperately need to change my ways. My current debts are: * Ratesetter loan - £4,364.55 * Monzo Flex - £83 Total: £4447.55 (It was higher than that but I managed to pay some CCs off this year.) I spend money on silly things I don't need - mostly clothes…
