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The 6 year plan!
I've had diaries before that have for various reasons lost their purpose. Last few years have had big changes in my life, I now have 2 children, I've completed my academic studies and now have a more driven passion for career progression. With this it feels like we have come to the top of our debts and now want to bring…
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£2,576.79 to clear by March
£956.15 on one credit card, interest free period ends 16th March £1620.64 on the other, interest free until the 1st March It's entirely possible that I can't quite manage and end up doing a balance transfer, but this diary is to give me the accountability to try my best. We've had a tricky year financially after my husband…
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Overhauling for the second (and last) time
I initially started a thread a few months ago after realising I was struggling with my debt I don’t, in the grand scheme of things, have a lot of debt but have a lowish income and little disposable money to throw at it currently so it’s slow progress I have 10 debts, totalling just over 5k and made the decision earlier in…
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The thriftyish way to debt freedom
Hello We are a family of six (myself, husband, 10yo,9yo,7yo,5yo) living on DH's income at the moment. We went through a tough financial patch around 10 years ago and managed to clear all our debt, and then started paying down our mortgage - we had a mission to be mortgage-free before we were 40. Then we somehow got a…
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At an all time low..
Hello all, been around the boards for a while, had a few diaries but never really kept up with them, but this time it all has to change. Life is absolute awful and has been for most of the last 10 years and just need a break so really going to try hard and make it count. Apologies now for the long post but need to get this…
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RemorsefulRoo's Debt Free Journey- 12 Month Accountability Diary and hopefully beyond
So here goes... :# I have been a silent watcher and lurker for a long time and I guess I have
always had an issue with debt. Its something that I haven't ever really
understood- not the literal debt part- but the why I do it part. I always have the best of intentions 'ill get this loan to pay that...'
'you only live…
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2025 - Reset, Refocus, Remortgage!!!!
I’ve decided now is the time for a new diary. My previous had lost its way a wee bit, but it’s time to draw a line. My mortgage is up for renewal in 24 months, so I’m using the next 2 years to clear as much debt as possible so that the undoubted increase in mortgage payments won’t cause too much stress. This last year I…
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The ostrich wakes up and decides it's aspiring to be a wannabe wise Owl!
So after decades with my head in the sand, I've had a wake call in mid October and realised this stress can no longer carry on and it's time to wise up and take responsibility for a more fulfilling and meaningful life. This ultimately means I am now on a mission to live within my means and not beyond my means. I have never…
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Doris's 60 Months Debt Journey
Hello, Decided to move from the "How Much Have You Saved?" board as I am currently back in debt thanks to a new kitchen which is the last major work that needs doing in our house, have been getting house retirement ready. Even though the debt is 0% and I do have the funds to pay in full, I just don't want to, rather have…
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Living frugally in 2025......
Long time lurker, first time poster! I'll keep my first post brief just in case it all goes awry and doesn't post - I'm such a technophobe, hence me lurking and never posting! A bit about me: I find myself in my 50's, living alone for the first time in my life. Buying a house, doing a mini renovation, paying the bills and…
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Diary and plan
A wish to be debt free and on to mortgage free. CC 1 - £1644.55 (£491.82 0% until Mar24). £1152.73 interest accruing (think around 14%) CC 2 - £2385.00 (0% until Nov23) CC 3 - £2239.20 (0% until Mar24) Loan (family) £12,000 Emergency savings - £0 I have £500 left after bills so current plan:- CC 1 - £100 CC 2 - £25 CC 3 -…
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When it's good, it's fun. When it's bad, it's funny.
Aaaand herein begins my new diary, where I hope to capture the ups and downs of the journey. In other areas, it's been fun to read things back several years later and experience those "oh, yeah!" moments, so hopefully that will be the case here. As of 01/11/24 I have cleared a 0% balance transfer card within the 3 month…
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Time to grow up and stand up
Hello all, I lost track how many diaries I started (maybe 5, 6, ...) but then I realised little thriftylass is going to be 18 this year (her real life incarnation is a few decades older) and it's time to grow up but also be true to my values, and me more again. I started this diary later in the year as I have found if I…
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F&F settlement letter offer or CCA . Not sure where to start. Thanks
Hi everyone, Thanks for reading my post. I have been reading through the forums and not 100% sure where to start. I am looking for some advice as I don't know whether I should try and negotiate F& F settlements or first to ask for my CCA, all taken out around 2011-2014. I have been paying £5 a month to each creditor for…
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Got to get started Chipping away at it.
So ive been struggling with my debt for a number of years now . And have struggled with debt in the past as well . I came out of uni in what was comparative to my earnings at the time quite a bit of debt. Managed to sort that in my early twenties and was actually really well disciplined . Then I think I fell of the wagon…
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Very Old debts
Been in dmp since 2006 all debts had defaulted by 2007 clear of my credit reports now but still owe 14000 due to end in 4 yrs wish to know what discount I may get to pay all off them most individual debts of the total i range from anything from 100 pounds owing to largest of 1200ish split between 8 debt company’s many been…
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2025 - A Debt a Month - A Year to Freedom
Hi everyone I’ve been around these forums for a long time, but have been very sporadic for a while lately. The debt is still there and hasn’t been dealt with - but I honestly feel that 2025 is the year I get debt free. My OH and I have just finished paying a large loan that we’ve been paying for AGES. Before this we had no…
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I can do this...step by step
Hi all, I've been lurking on the forums on and off (mostly off) for sometime now and had "that moment" when I have come to realise I'm really over my head and hiding behind yet more loans and further debt won't help. I feel I have got to this stage by each time taking a new loan to consolidate the last while spending more…
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Journey North to Debt-Free and Become a Saver
Hello, So ultimately the goal is to repay my current level of debt using a DMP. I have chosen to do this through a debt charity. I was given bankruptcy as an option but it wasn't recommended. I'm a homeowner with a mortgage so I presume this asset would have been used to clear my debts. Not an outcome I want. I prefer to…
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Single income, AuDHD, £29k debt, no savings...turning the ship as of 2025!
I’m trying to decide what to do, between instigating the
process towards a self-managed DMP, or ‘just’ continuing to try and pay debts
each month until it is clear (likely in around 4-5 years…) I would really value the thoughts of those in this forum – I don’t have any
family to discuss this with, and live on my own (with…
