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Young & Dum
I have struggled with money from the age of 18 and am
currently 25. I am trying to get my act together from now on. I make good money
but have been very bad with managing it. I think my first aim should be to
create a £1,000
emergency fund instead of paying off the debt. What do you guys think? To get to a £1,000 emergency…
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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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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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Our £20,000 Life
Hello anyone and everyone! Well, I feel mightily ashamed. Poor choices, bad luck and general "well, we'll worry about it next payday" has left us in a mess. When we bought our home we were close to being Debt Free, and now look at us! We had to scrap my car recently, and we did purchase what I think is a sensible and…
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Overwhelmed, lonely and constantly broke
Hi everyone Well it's exactly what it says in the title; I am all of the above. And why? I really don't know The same thing just happens over and over again ever single month. It gets down to the last week and there is nothing left. I pay my bills on time. I put aside money to pay off my credit card and then I have nothing…
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New goals, new diary
Hello! Thought I'd start a new thread, though I do feel attached to the journey my old diary saw me through! Really can't imagine having saved for our house the way I did without the help and accountability of this forum, and that diary. So last time I was keeping a diary here I was saving to get a mortgage for my first…
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Debt Free by 40
Good afternoon MSE, It's a new year and like so many the new year has brought with it a LBM for me. It kind of flickered on a couple of months back, and I made a start, but I had a relapse... Now I've truly seen the light and this year I'm sorting myself out and over the next few years I'm sorting out my debts. I turn 35…
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Finally Debt Free with (small) savings
Hello I just wanted to share with you that I have now been debt free (apart from my mortgage) for two weeks, and even have some small savings. I have been in tens of thousands of pounds of credit card debt constantly for almost 30 years. So this is a big deal for me. I haven't been a regular contributor on here for a long…
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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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Becoming My Own Best Friend Instead Of My Own Worst Enemy
Hi there everyone! I came across this forum whilst searching for wanting to be debt-free and I have spent a few days browsing other diaries before deciding to sign up and start one myself :) My diary name came about because at the moment I feel like my own worst enemy - I set a budget, I don't stick to it. I clear a credit…
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Bailiff Related Advice
Perhaps the wrong forum to the bringing this up on, apologies if so. June 2019 a friend of mine needed help moving house. He can't drive, I can, so we rented a van in my name. We go through Dartford Crossing, he forgets to pay the charge, logs in a few days later and pays the amount requested. He paid £6, as I understand…
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Debt Free by 60
I guess I hit a lightbulb moment in August on my 55th birthday that I didn't want to be still in debt with my own personal debts when I reach my 60th. My total personal debt on 21st August 2019 was £11.024. On starting this diary, my Nationwide loan balance was £7,682 (3.2%) and I have a Nationwide credit card (18.9%)…
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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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Flip Flop Flo is fighting to be fancy free
I'm trying to get debt free and build an emergency fund and house deposit. At current levels I am looking December '21 until I am debt free. I started out at £25k and am currently have around £8k. My husband works for the local authority but it's on a contract basis, though he started 3 years ago on a 6 month contract and…
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Mrs F planning the future!
It's really about time I had my own diary! I am a religious follower of these forums & of the site in general and although over the last few years we have been much better at budgeting and have paid down a lot of debt (although not cleared it), there is a lot of room for improvement and creating a brighter future for hubby…
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Back again
Hi guys, Well where to start! I have had a diary before but have decided that I need to start a fresh. First a bit about me. I’m married and we have 2 girls. We both work full time and our wages are ok. We bring home approx £2,800 a month. DH sometimes gets a monthly bonus but we don’t rely on that. I get enhancements in…
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25 year old with autism debt diary
It's time to take responsibility?! Hi everyone, I have been reading some of your diaries and am so inspired and in awe of you all and your commitment to solve your debt. My debt isn't very large, (couple of thousand on credit card or so and thousands to parents), but it's big enough for me to worry about as I don't work…
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Fear of Spiralling Debt
Hi, First ever post on here - although mine and my husbands debt may seem small in comparison to others, due to my parents always having been in serious debt I have a fear of being in that situation!! Bit of background. Both are fortunate to have secure full time employment that has not been impacted by the pandemic and…
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It's all fun and games until ...........
You are faced with the possibility of losing your job:( Having lost count of the LBMs and diaries started its probably best to start with a quick recap using my guide of How to Get Yourself in Debt Step 1 - deny deny deny The main bulk of our debt was racked up years ago when we were earning ok but not fabulous money - but…
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Down with debt
Well after a lot of changes and things happening I fell off the debt busting wagon for quite a while, my old diary was long forgotten but now things are as good as things can be during this time and I’m back on it. I have got rid of a bit of debt during this time but not huge amounts and at least it’s not increased so…
