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Loan or credit card ? What’s best to pay first ...
hello ! Just wondered if anyone can help me with this one ! I want to pay a lump sum off my dept... I have a secured loan on my business premises and I also have two large credit cards, is it better to pay the lump sum off my secured loan which is around 6% interest or one of my large credit card, the credit card is, at…
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Making my way out
Starting this thread as a means of holding myself to account over my current debts and to keep focused on getting out to the other side! I'm naturally a saver as opposed to a spender, however, I've built up debt over the last year or so and I'm starting to feel a little overwhelmed and in need of feeling 'back in control'…
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Debt Free Wannabe. Where do i start?
Not sure if this is the right place to put this post, but I am looking for some advice as to becoming debt free. I have an overall debt of £7,500, which i am looking to clear as soon as possible as i am interested in getting out of the rental market and purchase my own property. I have previously been to the bank looking…
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Secret credit card debt, I'm going to tell my husband
Hi, so I'm new here. I have a secret credit card debt of £3700 that my husband doesn't know about. I'm a stay at home mum and I get a monthly allowance into my bank account for "spending money" and food etc. So I have managed to keep paying the credit card without my husband knowing. I hate myself so bad, the whole thing…
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Make a Wish, then Make a Plan
I have drifted along in life far too long and now I need to decide what I want to do, where I want to be and then make a plan to get me there. My life currently is fine but doesn't spark any joy in me anymore. I have a nice enough house in quite a popular area with lovely neighbours, although I do live on a very busy and…
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A welcome wake up call
So it's been a few years since I was last on here, so decided to start a new diary. Here's the background of where I'm at now.... After all my previous hard work, I've let my debts rack up to worse than before. I know this makes no sense but it's partly because I was earning more and so therefore less concerned. So why so…
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Hunters Journey to being Debt Free
Hello all, Ive been a long time lurker on the forums and have always read everyones Debt Free Diaries and have taken so much away from these. My Journey started in January of this year when i suffered a mental breakdown when discussing finances with my partner and I realised how much of a bad spot i had put myself in over…
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Freedom 2030
Hi all. Thought I would start a diary now I'm starting my DMP journey. I've done a lot of reading on this forum and have decided to self manage the process. My spiraling debts (almost £40k in total) span across several credit cards, the earliest being in 2006. I am a self employed sub contractor and have a steady reliable…
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Stop burying my head... £20k and nothing to show for it!
So here is my first debt free diary. I’ve been over committing my time and money. Living way beyond my means with my head very much in the sand. Not opening letters and kidding myself it’s all okay as I pay by DD so I’m never behind. Reality being I was too scared to know the figures, I was living beyond my means, spending…
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Keeping a diary to remain on track!
Spending time in lockdown has allowed me time to reflect on our finances and current priorities. So, I have decided to start a diary! I have started with a SOA on what would be a typical month, providing we weren't in lockdown. Whilst I am not concerned about our level of debt, it has always been a personal desire to have…
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Taking back the control
So here goes ...... I’ve been a member of Mse for a number of years under a different user name, not always active and just tended to dip in and out, reading peoples diary’s for tips etc but have decided to take the leap and start a diary of my own, I’ve spent the last couple of days reading some diary’s from start to…
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Real Life, Dating and Money!
Hello, So had a thread on here before and well updating it or not it kept me focused. That's what I'm lacking at the minute - focus. I'm in the train of thought that if I overspend here and there, it will all work out. Yeah so turns out it hasn't for the last two months and now I'm in well and truely in my overdraft! I've…
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Time to start taking this whole adulting thing seriously...
Hello! I thought it was about time I made my own diary, as I spend so long pondering other peoples! Really inspiring so thanks everyone! So how did my debt all start...University! It went from having an interest free overdraft and splurging on eating out, nights out and clothes! Then from this I discovered the glorious 0%…
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This Duo's debt free journey
I had a previous thread but having problems locating it so thought I would start a fresh one. Brief intro, the duo is me and my little one, just over a year ago my debt was at a figure of around £12k, as of today it stands at £6124.40. This is made up of 2 loans (one car) and one credit card which is 0% until April 2019.…
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Closing a payday loan account!
Hi all! My son has a payday loan and is trying to close it !! But every time he asks how much it is to close.. they tell him its. X amount , he pays it they tell him it’s closed and he will get confirmation that it is closed . The next day he has a message saying he owes more !!!!!! Can anyone help to get it closed for…
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Just turned 30 and decided I need to sort my life out
Hiiiiiiiii Please be gentle, this is my first post :) Below is my SOA to give a little background Household Information Number of adults in household3 but i am in house share so 1Number of children in household0Number of cars owned 0 Income, Expense, Debt & Asset Details IncomeAmount(£)Monthly income after tax1600Partners…
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Determined diva's get outta debt diary!
Hi all So I thought I would start a diary since I have just joined this site to keep me on track and get rid of this debt once and for all! So here goes...... Facts about me: . I have been in debt for 14 years ( up,down,up,down) . I recently got back into debt to help a family member who was about to get re possessed due…
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Let's start at last!
Probably one of the longest lurkers on this board, just checked and the only post I ever did was back in 2009! Feel like I know some posters personally - sounds dreadfully stalkerish but it's true after reading their diaries for many years. So many things I've read though have got me through some very tough times and to…
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Finally i’m debt free!
This feels like a slightly odd post to be putting as my first ever post on this forum, however it also feels the perfect place to share my story. I’m Dave, i’m 27, and for the past 7 years I had been in debt, it all started in 2013 with a credit card which I got solely as “protection” for going to Las Vegas in case of…
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517 Days before I turn 50
Dear Diary, I really really want to 'turn my life around' by the time I hit the bit five-zero in 517 Days. I want to wake up on that milestone feeling good about myself !! That hasn't been the case for quite a while now. Moving forward though, with baby steps, I'd like to tackle debt, rebuild my ebay business, get to a…
