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Debt Free in 16 Months!
Hi All, After being a silent reader for so long I've decided to make my own diary. It all started after taking out a loan for a car (which I thought I could afford). Turns out I could afford the car payments, but trying to afford anything else resulted in my credit card getting used more than I wanted. I ended up taking…
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£7,000 in 7 months (Feb 2025)
Morning, I’m Mliz and I've been stalking the DFW forums for a very very long time 🫣. In that time I've paid off lots of debt, but due to my impulsive nature and love of instant gratification I’m back again. My total debt: Car Loan - £3,774 Credit Card - £2,600 Holiday - £948 Total Debt - £7,322 I hope to pay off my holiday…
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Statement of Affairs
Hi all, I am trying to get debt free but it’s tough. I am posting my income v expenses and just wondered if anyone can help or give advice income 2600 net outgoings monthly rent 1000 childcare my share (600) car payment 234 (agreement ends in May) loan 1 £142 per month (ends September next year) loan 2 129 per month (3.5…
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Round in circles...
So, here I am again, back after approximately 6 years after clearing all of my debt. I was approximately £25,000 in debt at that time and swore never to be in this situation again..yet here I am! I have been in denial for the last 2 years, paying the minimum payments on my DEBT cards and wishing for a resolution since…
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On my way to freedom! £16k debt free wannabe
It has taken me years to get to this point, but here I am, hello. After researching on here all the people who have managed their own Debt Management Plans (DMP), this is the route I have decided to take. I was previously on a DMP, then token payments with Step Change. I have now cancelled this and am due to write to all…
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My journey to health, wealth (well, saving for works to house, so not really!) and hobbies
Starting a new diary as feel like I need a fresh start/new motivation. 43, married, 2 young DC. Work almost FT (28 hours) in a professional job. No current debt (other than a mortgage) but been in serious debt in the past due to stupid choices, mainly to try to keep up with the Jones's. Still have a tendency to feel…
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I've just realised ...
I have managed to get a new job, just worked out what my wages will be - thanks MSE wage calculator and they will increase by a third. This surely will make it easier to pay off my debts. I also have two side hustles so will need to keep working at them to make the most of this increase. I am just so excited when it…
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My Intentional Journey to Debt Freedom
Hello everyone I have been following along for several years but only started posting recently. I have followed some inspiring journeys on this board and been amazed at the progress people have made - yet somehow never applied it to my own situation or considered that the lessons might be relevant to me. A little about me…
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My accountability Diary for £42k!!!!
Hi, I've been a lurker for a long time and have finally decided that I need to start my own diary to help me stay accountable and get these debts gone. We are just about managing with a very tight budget but I want to try and cut things down more as I know they can be, I just need to keep track more of spending and stay…
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Budgeting by the beach
I've been on here lurking for some time, and I think it's time I started my own diary and keep it updated. I originally tried to get this diary started in 2021, but just wrote one post which I then deleted. I've decided to resurrect this one on Friday 6 May 2022. Last year I decided I needed a fresh start, so I moved close…
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Finally seen the light…
I’m 28 with two children and live with my partner. I have around £3,000 in debts. I earn £23,000 a year, hoping for that to increase to around £30/32k in around October time when I move positions. I’ve always been an overspender to the point it’s become a secret addiction. My partner is aware of my situation to an extent…
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Life After Cancer - addressing debt
I'm terrified to even work out how much I owe but I know I have to start somewhere and have come here to learn having just received a CCJ. I will be trying to take a small step each day. Since 2014 and our family's discovery of BRCA1 inheritance, ovarian cancer has killed my sister (2020) and my mum (2022) and breast…
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One eye on the future ..one eye on the past
New Diary think I got lost in space. Debts are slowly reducing,I sort of have a three year plan ongoing which should mean we are very comfortable in the middle of the year 2023. I'm resigned to this being my abode ...hate my house ..hate my neighbours For that time I want to be in a good place financially to move at that…
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Dans Debt Demolishing Diary
Hi all, I have posted here before, but some life events happened and everything took a back seat so I am starting a fresh. I am determined more than ever, and now have my wife onboard and fully involved with this. We want to get rid of the debt we have, outside of the mortgage and start saving emergency funds and a holiday…
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Getting rid of that debt in 24
I owe £1250 on credit card and want to get rid of it. I can afford the interest but that's not really the point. I can afford to pay off around £150-200 per month so I should be able to get rid of it in about 6 months, by May 2024 or at least by November 2024. I don't have any major expenses projected for the first half of…
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Washing Away My Debts By 2024
I have spent sooo many hours on this forum reading such a brilliant collection of people's debt free wannabee diaries and I have never felt more inspired to tackle my batch of debts head on instead of waddling on by every month paying off the minimum hoping that one day they will simply vanish. My current debts are as…
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My Debt Detox
Evening everyone, I've taken the first leap into clearing up the mess of debt I have accumulated over the years, and frankly feel petrified. So thought by starting a diary I can (hopefully) look back in the future & give myself a pat on the back for getting things sorted. Debt crept up on me through a mixture of poor…
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Get a grip woman!
Having been reading a number of people's debt-free wannabe diaries for some time now, I have finally decided I will start my own. We are less than three years from wanting to stop work, and less than ten years from state retirement age. I manage our household finances and DH lets me get on with it. His attitude is more…
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2024 - Let's go again
So I'm starting 2024 with my debt at a little over £31k - still sounds so bad but considering it was £50k when I had my LBM in 2022 it's not so bad. I'm paying £700 per month towards debt and all but one account has been defaulted. Which makes me think about how best to tackle that. Defaults will start dropping off in…
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Rainbow Rhythms Debt Diary
Hello. I used to have a Debt diary a looong time ago. Then I didn’t. Not much has changed. Except after years of repelling men I got an unexpected husband. The numbers at 07/06/2024 9 months to end of DMP. about £17,000 Then £4,000 not on DMP Mortgage £73,000 - 1 bedroom flat with plans to move once DMP is over. Plus Very…
