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Dave Ramsey UK
Was trying to adapt Dave Ramsey's Baby Steps for the UK, here is what I came up with... Baby Step 1 Emergency Fund £1000 Baby Step 2 Pay off debt (except Student Loans & Mortgage) Snowball (psychological) or Stacking (financial) Baby Step 3 Emergency Fund 3-6months essential expenses (approx £3-5k per person) To give a…
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Mindful or Mind full?
So....... life appears to have changed today! I came downstairs to a letter from my partner saying he needed time away. After 11 plus years. Not sure how I feel. At the moment I need to get a job. Not as easy as that sounds as I have quite a problem leaving the house at all. I am waiting to get to the top of the list for…
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Puzz is still trying with claws - my dmp journey keeps going
Hi, I've had to create a new username and account since the switch over.. so my old diary has come to a close and this will be the new diary for 2020 and beyond....
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The Simple Bare Necessities feat. Gratitude & Recipes
Hello :hello: I think that the time may be right to start a new diary. So much has changed since I started my 2nd diary, which can be found HERE and we're a whole lifetime away from my first diary, which can be found HERE Whilst my first 2 diaries concentrated on living a simple life, concentrating on debt-avoidance for my…
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Debt Free in 3 years
Hi I am starting this diary to keep myself on track. I have built up 20000 pounds worth of debt over the last 8 years or so due to offers from catalogues and limit increases from CC. Money went mostly on clothes and items for my kids. My light bulb moment hit when I realised I am going to reach retirement age in 14 years…
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If I want to take the next step in life I need to make some big changes...
Hello... Coming here with my tail between my legs a wee bit, as I'm still here, still in debt, after nearly 6 years (which is as many years as you CAN be in debt at my age). First time in the debt free diaries section however, as I feel it's time. Ever since I was old enough to have a credit card, I've spent spent spent on…
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Redmel's 2020 Diary: (Nearly) Halfway There.
I have decided to start a new diary for 2020. I fell off the wagon over Christmas, but thankfully not by too much, and added a bit of debt to the pile. However, in January, I did manage to pay a few small debts off, so it has offset the added debt a smidge. We started off with £31495.52 in debt and as it stands today we…
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Virgin Media old debt - default date vs delinquent date
HI all, I have 3 old debts showing on my credit file from Virgin media 2 of them have default dates so I assume they will fall off pretty soon as the default date is almost 6 years ago ( due to moving house and they saying I didn't inform them) although I had their services at my new address!! the one that is bothering me…
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Life is what happens to you while you’re busy making other plans .......
Life is what happens to you while you’re busy making other plans..... I had a bit of an all round lightbulb moment / wake up call the other day. Sat having a works Christmas meal with 3 colleagues that I have worked with for years and more importantly get on well with and literally had nothing to say or add to the…
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Getting to grips with my debt!
Hello everybody, I posted on this forum last year. Only the one post and then I buried my head back into the sand and accrued more debt. More fool me eh? Anyways I have decided enough is enough! This week I have spent a grand total of £23 only on food and a car headlight bulb. I have spent money on petrol but that is…
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Reducing Debt - being accountable and taking responsibility
UPDATE / SPOILER ALERT: Go to page 28 / post 552 to fast forward to the result of this particular debt game show ;) Original diary name: Reducing Debt: being accountable and taking responsibility Hi everyone! DFW newbie here! Been a lurker for a while but have been so inspired by reading others' DFW diaries - it's…
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Wasteful spending has to stop: 41 is too old for this
Long time lurker here. Finally decided to start a diary of my own as I really really need to keep self accountable. Bit of background: For many many years I was in significant amounts of debt. My parents were very strict and though they helped with my education in the traditional way, I was totally uneducated and very…
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Starting Again for Future Me
Debts at 1st January 2020: £19,644 There, I said it out loud and with that my debt-free journey has begun. I have been fully aware of my situation for a few months and have already done quite a bit to help myself (yes, my debts were a lot higher than that!). I have no excuses, my situation is completely self-inflicted and…
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First Diary
So, this is my first day with a MSE account and my also my first post/thread. I thought it would make sense to start with my journey to trying to become debt free. I have been reading through and taking some inspiration from other on here for a good few months and really need to take the plunge myself, not just for me, but…
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Finally sent the letters
£26k in credit card debt and have been transferring balances around for years to little avail. Paid £7000 in repayments 2019 but my overall debt balance has come down at a snails pace. Frustrating and soul destroying. Started to affect my health and well-being never mind my quality of life. Lurking around this site for…
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D - 16 Months
Hi there. I'm starting a diary to keep.me on the straight and narrow, lurked the sight for years. gradually got ourselves into masses of debt over the last 10 years, nothing extravagant just really bad budgeting skills.... Since February we have paid off around 6k, one of that was selling a car. Going down to one car has…
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A New Year, A New Start
Things have changed dramatically since I started my last diary, so I thought I'd jump on this opportunity to start afresh. Major changes:* My OH has moved in with me and we have semi-combined finances * I am finally about to exchange on my very own tiny flat * I am quitting my awful job today! Lots of upcoming expenses and…
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No more plastic fantastic
Hello Fellow MoneySavingExperts! I am a very long time lurker who is finally coming out of the shadows to say a huge hello and thank you for all the inspiration I have read during lurkdom! Ironically, I am joining in just as we have (almost!!) become debt free. My Husband and I had run up quite a significant amount of…
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Cleaning up for parents. Loans + SOA Calculator
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Stressed, depressed, but going to try our best!
Hi everyone! I've spent a few weeks reading through the forum and you've all really encouraged me to take back control of my finances! My situation is that I live in a rented property with OH and 2yo Son. We're in around £8k of debt (Made up of numerous catalogues, credit cards, and recently not keeping up with bills…
