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Cost of Living Crisis
I’ve subscribed to your weekly newsletter for many years now.
I’ve been struggling financially ever since the financial crash in 2008, when I
lost all my work and had just taken on a very high mortgage with Northern Rock! Unfortunately, having been poor for so long, I’ve already cut
back to the bare essentials for most of…
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This time I'm sticking to it!
My OH and I have just under £15,000 worth of debt on credit cards. Luckily the three of them are at 0%. We have very good jobs and bring in just over £4,000 a month but can't seem to kick our spending habit - and this spending is mainly on holidays. Now we're in lock down we keep saying "So glad we got to experience so…
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The Last Furlong
Been round these parts before , just want a home now for the final push to be debt free . Not putting a definite date on it , but roughly around Summer 2020 would be good. I have around £2900 left to go ,not a lot in the scheme of things but enough to keep me on with the budgeting and being careful with the spends . Have…
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Getting myself out of this mess!
I tried to start a diary last year, but never fully committed to it and continued to spend on credit cards. My debt hasn't gone up, but also isn't going down, so I'm stuck owing 31k unsecured and despite paying a large chunk of my wage each month towards debt repayments my situation isn't improving. I've never been great…
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2022 is a new start
Hi all, I’m 32 and live with my partner, no children yet. I have decided I need to start sorting out my finances so that I can get some savings together ready to have a baby hopefully in the next couple of years. Our mortgage fixed term also expires in May 2024 and as we have a HTB loan, we are hoping to remortgage to put…
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Learning to budget and taking control of my life.
So, after faffing around for far too long I've decided I need to make a concerted effort to get rid of the debt I have had, for far too long. My current debt which has been accumulated as a result of me allowing my ex to use my cards which he promised to pay back and never did. As I was on maternity leave at the time I…
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New way of life
Ok so I've been reading alot of diaries and decided it would be an idea to do my own to keep me focused and on track. We have currently remortgaged our house to consolidate debts, dh buying a new car and money towards an extension. This move was to take the burden off our current situation of paying over £1,000 a month…
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My fate is sealed
Well I have but the bullet and called step change last week. My situation is I’m a victim of Domestic Abuse and 3 weeks ago I plucked up the courage to leave. I’m 60 years old and I’ve suffered financial abuse and mental abuse for years. I’m lucky I can afford to pay quite a lot off me debts monthly and have found…
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Trying not to get into more debt
My current job has
come to an end and I’ve been job hunting (so far without success)
but unfortunately I’m also suffering a long term leg injury
compounded by chronic pain from Ehlers Danlos Syndrome. As I had a
couple of months notice I decided to save as much as possible so cut
down spending as far as I could to build a…
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Fat, forty and financially f**ked
Decades of overspending and overeating have left me in a bit of a state. I sporadically try to fix both things but I never truly admit the real situation. So in black and white, for all to see: We have lived beyond our means for our entire adult lives. We have been bailed out by lucky windfalls, the bank of mum and dad,…
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Overpayments on loan
Hello, Got a loan out from a high interest provider in Jan 21 for £5,000 for 3 yrs. Obviously they add the interest on at the beginning of the loan so I currently owe £6,087 and I have a settlement figure of £4893. I could probably pay it off in 5 months because there is a lot overtime at the moment and I could save £900 a…
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The Next Phase
I became debt free a week ago , so have decided to start a new diary to cover my journey to working part time when I am 60 in 19 months . Retirement completely will depend on certain factors , so for now I am aiming to be doing 2 days a week starting jan 2023. I want to try and save as much as I can in the next 19 months…
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My little lightbulb moment
Hello there!! So i've been stalking these forums for a while and after having my own light bulb moment last night I think its time that I made my own. I'd absolutely love to be posting on the mortgage free forum but for now I think I need to get everything else in orders especially now time are getting scarier. Here is a…
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My diary for self-accountability
I am starting this diary to keep myself accountable in paying down my accrued debt from the past 2 years. Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 1 Number of children in household......... 0 Number of cars owned.................... 1 Monthly Income…
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Daily steps towards my marathon goal!
Over the last few months I’ve finally come to the realisation there are no quick fixes to any of the ‘problems’ in my life. They didn’t occur overnight so I’ve been naive in thinking I can get myself out of them quickly. I’ve been in debt on and off (admittedly more on than off!) since I was 18. I’ve used overdrafts and…
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This time, I'm doing it!
Time for a diary because I am more determined than ever to get rid of my debt and I want to look back over this one day knowing I am debt free. I have struggled with my finances for years, borrowing, paying it back, borrowing more, struggling to pay it back, not paying it back, debt management, reducing debt, then…
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Finding a balance
I want to do it all, and in doing so I always end up with nothing. I want be frugal and get some savings behind us. I want to be as eco friendly as I possibly can. I want my home to look nice and be a nice place to be. I want to be as healthy as can be. And lastly, I want ds to have a fulfilled childhood with lots of days…
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Financially Astute Like Dwight Schrute!
Hi everyone! Years ago I had a debt free diary here - which is now long gone. I have been in and out of debt for years but my life really changed in 2019-2021 and now I'm working really hard towards my financial freedom. I have 2 credit card debts I am currently tackling, with one cleared. The debt was surgery for my…
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Debt free
Hi I’m starting this diary to keep me on track with my goal to be debt free. I’ve reduced my outgoings as much as possible and am working extra hours to clear the debt as soon as possible. I hope to have around £1000 a month to overpay. cc1 4083.25, monthly £102, 0% cc2 3507.96, monthly £35, 0% loan 20244, monthly £253,…
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So close to debt freedom... preparing for what's next
I've been reading these boards for several years, and finally have taken the plunge to write. I've so appreciated reading people's stories, and seeing the mutual support, especially when I've felt most lonely and down. So thank you; I'm sorry that I'm only now speaking up. I've struggled with debt since I was eighteen and…
