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The Ups and Downs of my Emergency Fund
After many years of being in debt, from my early twenties to my early fifties I (well we) managed to get out of debt, including paying off our Mortgage. But I still can't manage to get a decent Emergency Fund under our belt. Each times we get a half reasonable sum ie. £500 some expense comes along and we are back down to…
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The end is in sight!
After nearly 10 years of being in some degree of debt (twice before it was almost all paid off) I am determined to see it through to the end. I'm starting this thread somewhat in the middle of my DF journey, in the hopes that it will keep me motivated and on track! Pre-Covid, I had about £1k in CC debt. During 2020- 2021,…
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0% Virgin Card accidental purchase
We have a 0% transfer Virgin Credit Card but I accidentally used it for a purchase will i now be charged interest on the entire amount on my card or just that over the transfer amount?
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Aiming for debt free in four years
Hello - new to the board but likely to be around for a while! I’m determined to tackle my unsecured debt. I have a lot - (47k - equivalent to a year of my salary). I’m at the point where I can no longer switch any more onto 0% cards until I get my total borrowing down. But the interest is high and so if I don’t tackle it…
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Clearing my debt after 25 years
I’m quite new to the forums and not to sure I will have done this right but I wanted to start a diary because I need some forums friends to keep me motivated. My story is a long one! We all have reasons why we ended up with debts, mine has just been some bad luck and some stupid choices! I won’t bore you all with those…
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A plan for Debt-free journey
Hi all, After years and years in a vicious cycle relying on credit cards. I’ve decided enough is enough. I’ve come to realise that I should have managed the household finances way better in the past and I do feel disappointed with my self, but on the other hand I know I had to do what I’ve done to keep things moving. My…
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Becoming A Budgeter Extraordinaire Again...
Well Diary, It's been a while since I was last here, and even longer since I was successful at being accountable to my diary & posting regularly. I plan on doing a lot better this time around, as I really need to be accountable, pull myself up by the bootstraps, and stop the chain of events that has ended with me living in…
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On the edge of a cliff
But I've managed to drag myself to safety (still windy though)..... Hi everyone, This is my diary to becoming debtfree. I've recently received some inheritance money and will be paying off some of.my debt. Please take a look at my spreadsheet. I'm due to receive a payrise in Jan of around an extra £100 per month which…
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My accountability thread - diary of an in-denial credit card spender
Hi all, long time lurker of this site and I love reading the diaries and being inspired by how well everyone is doing. I thought that adding my tale of woe here might finally give my head a wobble and help me get on top of my debt. In short, I'm a total spendaholic who thinks that credit cards are free money. I put…
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Mrs. P's Savings, Paying Off CC, being more organised diary
I've now taken early retirement. Sadly I've built up CC debt yet again, but is only on one card and it is the only debt I have now. I really need to get this paid off, whilst also saving and making ends meet so I don't need to use the card again. I have decided not to stress and panic about over-paying (which is what I…
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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…
