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Starting to budget after years of wishful thinking
Hi so I came here for advice. Have about £29k debt over two loans and one currently interest free credit card. I kniw if I don't clear thia debt ASAP then I will fall back into bad habits and it will spiral out if control. I am currently considering selling everything I have of value which could clear at least half. This…
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Slow progress but the journey continues...........
So here I am back again after 2 years away from MSE - lost access to old user name so a new shiny username deserves a new shiny diary. I first started coming on MSE about 10 years ago would make some progress stop posting for a while and come back with the debt even bigger than before. At the last light bulb moment…
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Light at the end of the tunnel
I just worked out I have £76,486.69 so I’ve decided to start my own debt free diary and I will be doing everything I can to resolve this. Felt so damn awful about this for so long and it is time I take action. It’s like I woke up and said this isn’t God damn good enough anymore. This doesn’t work for me. This ain’t gonna…
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Claiming back my life after trauma
Well, I've been meaning to start a diary for some time. I've been a long time lurker but have set up a new account to maintain my privacy following the worst year of my life. I have goals in mind both financial and personal for 2021, wanting to hold myself accountable and move on our recovery for myself and 7 year old son.…
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Gambling nearly broke me(and my finances)
I’ve suffered with gambling addiction for years with long periods of not gambling at all and equally long periods of gambling a lot! Early 2018 I had a particularly bad binge and clocked up extra £30k debt almost overnight, when I received my credit card statements the following month I sobbed! It was the most awful…
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Gambling Recovery and COVID job loss
I've posted in a separate forum but thought it was a good idea to start a diary as my debts over the last month have racked up considerably. I lost my job due to COVID, lost my sense of purpose, and started gambling heavily. Over the course of the last 2 weeks I've lost £12,500 gambling and this has forced me to take out…
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A new outlook.
Hello everyone! I've decided to start a new diary for the last slog of my debt free journey. I've had diaries on here before and reading back through them I can see what a neagtive mindset I had around money and how to deal with it. When I started this journey in 2017/8 my total debt was: £15941.42 My current debt total…
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Here we go!
Hello everyone, I’ve been lurking on here for quite a few months now and have finally built up the courage to start my own diary. I’m married to DH and we have 3 boys DS1, DS2 and DS3. My husband is incredibly generous and a natural spender, whereas I enjoy saving. We are in a large amount of debt, but determined to pay it…
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Day Dreaming to Debt Freedom
Hi People! I've been on this forum for a small lifetime. Many false starts and half baked plans, you know the story! So I thought it was time for a new username and a fresh slate. After all, 2020 being the way it is.. might as well make my own rules? During the national lockdown, roughly 2 month in, Hubby was made…
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Time for change
Good evening all. Im new here and I have been reading some of the threads in this forum and felt inspired to start my own journey & thread. I have been constantly living well out of my means and have just slowly built up a debt of around 26k on loans and cards over the last 10 years...it cannot go on! I want to draw up an…
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Young couple saving for a house while renting privetly and paying off a loan
Hi. I'm not sure if I'm posting in the right forum or if I should be posting at all as I'm from the Republic of Ireland and understandably a lot of the forms here are UK based but admittedly I love reading the diaries I have come across and it has inspired me to write my own diaries. Currency wise, my layout would be…
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5,000 miles and even more pounds
I'm paying off my debt whilst living abroad. I thought a diary might help me enjoy my achievements! Starting situation (March) * 20k debt on credit cards, on an average APR of 30% * Monthly income of GBP2400 Situation now (August) * 14k on credit card (probably a bit over that), and slight salary increase to 2600 having:…
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From £19k debt and no income to (hopefully) debt free within 2 years
Where to begin? I'm 29... I spend the majority of my 20s in education and living out of my means. I acquired fairly large amounts of credit for someone who had virtually no income in this period. At first it was manageable, swaying between £3-6k and I'd meet repayments mostly due to cushy 0% interest periods on large…
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Diary of a 30 year old's journey through a DMP
Hi Guys. So long story short. I'm a 30 year old married man & extremely happy with my other half. We've been together over 10 years and I couldn't wish for better. Recently we found out we're expecting our first born child (we've been trying for 2 years) ... I was obviously over the moon, and just as my emotions hit their…
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A Year To Clear
Well, where to start? I’ve managed to get myself in a mess, again. Not the first time I’ve gone down this road but absolutely definitely the last time. I’m going to use this diary to hold myself accountable and try and work out why I keep doing this to myself and worse, my kids. I think in trying to give them more they’re…
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Attempt what seems to be 6778676786
I seem to have this really weird relationship with getting debt free - I'm either on the wagon and busting my debt like no ones business or not only do I fall off the wagon, but I send fire to it and shoot all the witnesses meaning I run the debt back up. *deep breath* so here we go - again - and I know what your going to…
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I can finally see the light at the end of the tunnel...
Hi all, I am here, finally at a point of seeing some debt free freedom! I have been working on a spreadsheet for most of the day, given myself a headache and bitten down most nails... BUT it has been worth it. My finalised total of debt is £7,833.47. I am aiming for this to be gone by November 2021. I have my expenses laid…
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Burnt out and broke
So after months years in an downward cycle of shuffling increasing balances around 0% offers and several weeks reading through DFW, diary threads and the DMP support thread, I've bitten the bullet and cancelled all my direct debits to my credit cards, written to my creditors and approached SC to set up a debt management…
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Debt free wife, happy life
I have been lingering about on this forum for months and it has been invaluable for ideas on how to save money, but now I need to put the theories in to practice! Having been inspired by the other diaries on here I have decided to keep track of my goals and progress in my own diary. I have frittered money away on clothes,…
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I've done it again....
After clearing about £28k of debt, incurred through bailing my ex out/ coerced into taking out loans/ credit cards etc. (he cheated on me - we broke up). My credit was ruined due to about 12 defaults & a CCJ as I couldn't afford the minimum payments on my own. Slowly paid it all off using full & final settlements. The…
