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Back to Square One
I thought I was making progress, but since I live in Jersey, the situation is so much worse because for example HSBC will only agree to a £500 monthly through DMP--this info I got from a different thread.
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Debt free in less than 2 years - Which card to pay down first?
Hi all, I've decided to start this debt-free diary as a way to keep myself accountable and on track with paying down my debts. I have a debt free date goal of December 2026. I'm just not sure where to start and what card to pay off first? Here are a list of my debts with the interest rate and balance. I do have 2…
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Struggling along as best I can
Hi everyone, I have just been catching up on my banking and budgets and I am really fed up of getting to the same point of having very little for the last 6-10 days before I get my pension. Don't get me wrong my bills are all paid and I have no debt and I only need to buy just a couple of bits of food (coffee!) But I'm…
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Debt management plan paid off in under 4 years
On the 1st of July we make our last payment on our debt management plan with Step Change! It has taken under 4 years to pay over £9000 in debt - this because of lock down and loss of income during that period. It has been tough, we started paying £88 a month, and we have been paying £400 over the last 6 months. Things can…
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Frugal, thrifty, make do, mend! Let this debt come to an end!
Hello all, So by my reckoning, that magic spell in the title should take about 4 years and 4 months to take effect at current debt repayment and spending rates. :rotfl:. However, there is no harm in trying to help things along a little, is there? I am recently divorced and live on my own in a rented house with my 2 cats.…
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Beginning of debt free journey...High income, high debts, expensive pets
Hello I posted a few days ago on the debt free wannabe board about my sorry state of affairs. I have received some good advice already and wake up calls. I thought I'd start a diary to share my journey, keep myself accountable and perhaps help, and seek help from, others in a similar situation to me. I'm in debt to the…
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Three Years of Tears to Yippee I'm Debt Free!
Hello All... This week I have finally faced my debt demons and I know I have to do something about it. I am 59 years old, married and financially, to the outer world I look like I am doing well, I have a good income, I go on nice holidays, drive a nice car and live in a nice house but I have been for the last few years…
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In a rush.
Morning. I've been here before, but deleted my account as I probably overshared and then panicked that somebody I knew would read it. Me in a nutshell..... 2010- left my children's dad. He was abusive. Walked away with all of the debt. 2016- Had to sell the family home as I could no longer afford to maintain it or pay the…
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I have a plan - so everything is fine
First of many posts….Currently I’m 49k in unsecured debt. I’ve posted SOA and had some support and so I’m going for a DMP. This was back towards the end of June/July so thought I would post what’s happened and where I am. So my SOA compared to today…..isn’t it strange that in my head I was thinking I was paying £1400…
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Mortgage Free by 50???
Hi, long time lurker but first time poster! I am trying to
get my finances in order and stop lurching from paycheque to paycheque- only
taken me until the age of 40 to think this would be a good idea…hopefully
keeping a diary here will help me on the straight and narrow! A bit about me, married with two children- boy aged…
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Small steps clearing debt with paws by my side
I’m writing this before I think about it too much and chicken out. It’s terrifying laying everything out and even more terrifying posting it. I’m just trying to remember that even though my situation feels completely awful, I’m sure other people on here will have been in similar situations and worse. Disclaimer: I am very…
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Mentally exhausting
Hi all, this is my first post but a long term reader of this forum. I have been in debt my whole adult life and now in my early 40s. It all started when I started work at 18 in a high street bank and had access to easily accessible credit which I kept consolidating and taking out more. I was on top of my debts but my OH…
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Facing up and moving forward
Hi everyone, Newbie here who's been lurking reading and getting inspiration from all your threads for quite some time! I thought it's time for me to start my own, for accountability and to face up to uncomfortable financial truths I've been avoiding. I love reading about how others are sorting out their debt and hope that…
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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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Credit? Never again!
Hi everyone. I wanted to start a diary at the very beginning of our journey. We have debts of £70k. We've been trying to keep going, paying them, juggling credit cards, hoping we can increase our income enough to cover it........ but realise we can no longer bury our heads. I'm autistic and our family life is quite…
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AAAAAARGH
Hello! I thought that I should set up a diary to hopefully hold myself accountable for my finances. So to preface this I am 20 years old - yep… quite young. I’ve just set up a debt management plan with StepChange for my £7k consumer debt, with it costing about £170 for just shy of 4 years. How did I get in this debt? Well,…
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A marathon not a sprint……
I’ve been knocking around this board for a few years now, but never been consistent with posting. I’ve decided to start a new diary to celebrate the small wins and help to keep me accountable. I feel like I’m at a bit of a crossroads in my life and feel motivated for change and improvement in several key areas of my life.…
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Evasive action! Stop the trench becoming a hole.
I need to take evasive action, and I need to hold myself accountable. I'm not going to call where I am a hole. It's still a rut. A trench. I've got savings, but they are in accounts where they earn good interest rates so I hate touching them. I've just moved house, and I've been doing a money shuffle every month, borrowing…
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Never-ending story
It’s been about 6 years since I last had a diary and a lot has changed during that time apart from still being in debt. So a quick rundown I work in education, I have three children who live with me and three who are adults and live elsewhere, my relationship broke down in 2020, my mom passed away 2 months later, my nan…
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Recovering Gambling Addict Aim To Be Debt Free
Hi I have struggled with controlling my gambling addiction for the past 13 year and I seem to be in a much better place at the minute. I am happy to say I have been gamble free since 8th June 2019. However this has resulted in various debt problems due to my addiction. I am hoping to be debt free by the end of 2021 when I…
