-
Plans in the sand
Hello everybody! Well here I am with my shiny new diary.... A little bit about me: I was on here in around 2012 at which time I was definitely in debt crisis- by the time I'd paid all my bills, I literally had no money at the end of the month. Anyway, I got my head down, worked hard, lived very frugally and managed to pay…
-
Second time lucky... debt free diary.
Good afternoon all. As title says, this is my second time here. I started a few years ago, debt started to go down. Then DH was made redundant! He refused to sign on and we lived from the credit cards (think he was suffering depression). I have major mental health issues but went back to work almost 2 years ago but we were…
-
Unenforceable Debt - What Now?
I have had confirmation from both Cabot and Idem that my debt is unenforceable after requesting CCA's. Is there a template I can use to write to them to inform them that I will be stopping payments until the CCA's can be found? Has anybody had anything happen after payments have stopped?
-
CreditCardJunkie's back again...
Here's the jist if you're new here; - I had a previous diary and got lost along the way - I was constantly in a trap of running up a card, then balance transfering it onto an interest free card, then running the first one up again - I never budgeted properly, I didn't give myself spending money. I paid all my extra money…
-
Family of 4, paying back £50k in 4 years whilst trying to live eco friendly
Hi Everyone! I haven’t been on here for the longest time. Life has changed so much! So basics, myself and OH run a business, so are both self employed, we need to pay back £50k in just under 4 years so that we can get a mortgage and buy the house we are renting. I have two beautiful children nicknamed May and Roo who are 6…
-
Debt free by Christmas...!
Hi Everyone, I have been reading lots of DFD over the bank holiday weekend & I think this could be the motivation I need to get all debts cleared/all payment plans finished by the last payday before christmas.... so debt free by 1st December. I spend too much on tat, takeaways and general rubbish! The debts are crap too…
-
Daring Myself to do this
I keep daring myself to do this then talking myself out of this. Here goes... Happy wife and mummy of two beautiful girls. Things have changed again for me. Hubby has 6 month deployment coming up and then we are moving to base (have been living near family). Doing this means I have to give up work and I'm pooing my pants…
-
ADHD and Frogs: How to Balance the Budget?
Hello! This post is going to be a little long, but I wanted to be honest about how I ended up in this situation. I joined MSE last year in the hope of making a fresh start, and then in the middle of moving house, I had a family bereavement. It’s had a knock-on effect on the rest of my life: the time that I’d allocated…
-
Covid 19 issues - trying to pay debts on time but having to struggle to financially
Hi all, I am just looking for some advice really as I don't know who to turn to. I am in debt, and although it has reduced quite drastically and I am nearing the end I am struggling to get through these final months due to the Covid 19 sitatuion aka been furloughed etc. My total debt is approximately £2000 but is spread…
-
Debt finish line
So where do I start I don’t know how people feel about shares, trading and what not but I’ve had a brilliant day in the space of 3 hours I’ve made £1.4k On a tip and I couldn’t be more happy if the momentum sticks il have £3/4k by end of next week that means il be debt free for the first time in 6 years I won’t have any…
-
Debt free in ten years-my new, more realistic challenge.
In ten years I will be 61!! My original plan was to be debt free by the time I was 55. I have had a major shift in life plan since then and have almost got my first business up and running. Our mortgage is £114500 Owed to family members £9000 We still need to borrow to complete the business and get it up and running. My…
-
"The Diary & Teacake" - DFW'ers Virtual cafe-in-a-crisis
OK - no idea if this will work but let's see - I have deliberately put it on the diaries board because my intention is that this is a general chat thread, and yes, counter to the "usual" MSE rules (hoping the mods/board guides will allow, in the circumstances), it will not necessary have a DFW theme to the posting, and I'm…
-
From Nightmares to Dreams come true!
Hmmmm isn’t this strange typing my life onto a blank page for strangers to read. I’m not quite sure why I decided to do it but now I’m here I’m going for it! A bit about us? I’m a 33y young single mummy to a daughter who is 7 aka little miss and a son who is 3 aka rat pants. I work 3 days a week in the admin department at…
-
This may take a while
Lighbulb moment - check Everything in as few places a possible - Check Ready for 4 years of hard work - Check I have to work on this for a long term goal of being able to move house. I have been keeping an eye on finances via YNAB for the last 3 months. Although I know it is an unpopular option I have consolidated some…
-
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…
-
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'…
-
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…
-
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…
-
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…
-
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…
