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Never too old to learn
You know when you wish you could turn back the clock and not be so stupid? Well that's how I'm feeling right now. I have around £56,000 in unsecured debt which is truly shameful. It's all on credit cards and it built up purely by my own stupidity. I had a gambling addiction which I am so ashamed of and ran up many…
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Here I am again...
Hi I’ve been a member of MSE for many years. I would join in challenges and get a real buzz from no spend days, from moving energy suppliers, from bartering on insurances etc. I have been in and out of debt since I was 20 (now 40 something) I never considered it to be debt in my 20’s as I just paid it monthly and it didn’t…
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The long road ahead
Hi all, I'm wanting to start my diary to keep me motivated on the long road ahead. (I hope this is the right place to post). Had my scary LBM in July when mine and my husband's debt reached a scary £43,600. This is due to a combination of moving house, doing a Masters, fluctuating mental health issues and burying our heads…
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Why we spend?
I was thinking about this the other day in regards to my spending and debt. Has anyone read anything good related to why they spend in the way they do. I dont like to abdicate my responsibility to my childhood. But any resources that you can think of?
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Is there anyone out there...?
Good afternoon everyone! I've tried this a couple of times and made some good headway, but have also managed to slip back. So today I am starting a diary to keep myself in check! My backstory is I separated from my wife in May last year following a loveless marriage for the previous couple of years. It was an amicable…
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New Decade - New Diary!
Hi, New diary time for me! My 2020 goals are; * Stay debt free * Save £10,000.00 * Get to goal weight of 10st * Get rid of 60 things I don't need * Use up the stationary and toiletry stash * Buy all Birthday and Christmas gifts in the sales * Keep a spending diary * £1,000 on surveys * Only shop to replace items I use *…
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The Journey Starts
Hello At the moment I cannot declare the full debt total, it's just too much, so I am going to start with what I want to achieve in 2020. Which is to repay: CC1 £150 CC2 £250 CC3 £600 Loan 1 £718 Loan 2 £2300 Total £4018 Repayments currently £200 per month (£2400 for the year have a further £1618 to repay which is £31 per…
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Time for me to be debt free
I thought I’d start a diary to help me on my way to becoming debt free. I’ve had varying amounts of debt, my highest being around £25’000 to the amount of around £13’000 I currently have. I’ve been on this debt cycle for such a large part of my life that I am ready for this change. I have a very supportive husband who I…
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Eager Elephant's Exciting Elimination.....
...of debt!!!! This is my old diary which I have had for the last 9 years – https://forums.moneysavingexpert.com/discussion/2175629/eager-elephants-effective-everyday-excursion#topofpage No need for new readers to read it, essentially the debt increased, my husband was a twit, I had great aspirations to repay debt which…
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Starting over 2017
Just as the title suggests really, starting over after the ugliest of years ever. Family illness, my own illness and now losing my job means it's time to start over. Need to do my SoA so that's the plan over the next few days and then tackle everything head on, interest only mortgage, negative equity, credit card, bank…
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how to work out maximum of mortgage
I am allowed to pay off 10% each year on my mortgage without penalties. Can someone tell me the formula on how to work out how much I need to pay each year and how long it would take to be mortgage free? I owe £106K
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Project Change!
Good morning I’ve spent a lot of time lurking on the diaries board and have finally decided to take the plunge and create my own. In the interest of full disclosure, it won’t be pure debt busting but will instead act as a brain dump for the journey I’m about to embark on. So a bit about me, I’m a mum of one and live with…
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Serial debtor trying hard!
I have deleted this thread an reposted a more detailed version Thanks
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One income family of four - can we get ahead even after pay cuts?
Hoping I can keep up with a diary this time 🙂 will subscribe to some others too as I find them so inspiring. I’m an at home mum of two small kids (my 4.5yo son Monkey and 18mo daughter Bambi) and we live with my husband Red who works a skilled manual job - he’s currently furloughed on the 80% pay but due to return to work…
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Its a new Me! Wannabe Debt free ... and get a Mortgage!
So, yes, its a new dawn, its a new life, its a new day for meeee... Me and OH have finally almost reached debt-free. I hope its alright for me to linger on this forum, its just so friendly and supportive. Mr OH has a personal loan which he took out to buy a vehicle (needed for his business) £8.5k for 3.3%. And I've £3k…
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Finally the penny drops ...
Hi All, Like many others on here I am a long time lurker who has been reading others inspiring stories to debt freedom & frugal living. I thought I had my LBM a while ago but in all honesty I've been kidding myself as I am still a horrific shopaholic who just spends for the sake of it when there really is no need! So a…
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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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covid-19 has helped me.
where to start, well for the last 19 years, i have allways been ovendrawn.i get payed, which cleaned my overdraft,each month. but within a week or 2 i would be £1000 over, or more. and its been like that for years. well untill jan 2020. as i am not buying stuff,food only.( hoildays,music festival tic's, not bought last…
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New Me 2020
Good Afternoon all. Thought with the end of this horrible 2020 being upon us there is not better time to focus on the New Year and push towards getting my debt cleared my way. So a little about me first. I was very silly with money when I was younger which has resulted in me getting into a bit of a mess with my finances.…
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Better Budgeting with YNAB
So for a long time I’ve been bumbling along “ok”. I generally thought I’d got a good grasp of my finances, but I’m also easily distracted by nice shiny things. Part of the problem was I knew I was eventually going to have a job that paid well, but I was already starting to spend at that level without actually earning it.…
