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got to stop spending
Possibly a little out of place on this board as we are not (apart from credit card payments for a car, more on that below) in debt. However, in my 20's I was massively in debt and had no clue about money. It makes me wince every time I think of all the stupid things I did and all the money I wasted. I had no clue what an…
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It's not grey hair it's "wisdom glitter!!".
Hi :T. Time for a new diary my old one started in 2009 ,I don't know how to link to it but it was called "loved life a wee bit too much". I had my lbm in 2009 and since then have been on a dmp for me and a self managed dmp for hubs. A few things which I have learnt is to run your home as you would a business. Buy in at the…
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Trying to be back in black, in the words of ACDC
Hi all I used to post on here a long time ago (I've just been given a 6 year anniversary badge as a helpful time guide). I managed to not quite get out of debt back then but very nearly and have since managed to get myself firmly back in it again and thus I am back here again. :o My debts are currently: Barclaycard - £4060…
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On being the angel on my own shoulder
Been reading this forum for months now and finally decided to start my own diary. Due to a series of terrible choices I made in my 20s that I might go into another time, I dug myself into £43,650 of debt. That number sounds insane and it's a huge regret that I don't have anything substantial to show for it. £40k would have…
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Starting my journey
I'm going to admit its a bit scary being in debt - feels like a ball and chain around my neck. Bit of background, I'm single and taking care of my mum who's 75 and suffers from schizophrenia and dementia. I pay her bills as well as mine. This past 2 months i've drained my savings and gone into debt paying her medical…
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Taking the scenic route from chaos to calm!!!
It’s time to get a grip and restore a bit of calm in my life. I’m fast approaching 40 and need to take back a bit of control. I’ve been on the debt roundabout since university days 20 years ago now :eek: borrowing, paying it off, vowing never to do it again and so on. The latest ‘blip’ comes about following a massive…
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I’m not the Queen of Sheba
I have to start living within my means. I started today. Low spend in that I just spent £10.15 in Lidl. Walked the dog and tidied the house. Looked at my finances and note that my debts have risen to £25k approx. While this is bad, it’s manageable at this stage and I need to get it sorted before it isn’t manageable. Plus…
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DMP StepChange - Advice needed
Hi I’ve recently taken the step to sort my debts. Got all paper work sorted with Stepchange and posted them Off today. One problem now, and I’m stressed, is my current bank account overdraft. I’ve included this in my DMP, I contacted my bank today to let them Know I’m entering a DMP and what will happen to my account -…
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Half way there now and counting
I am not sure if this is how I start a debt free wannabe diary but I hope so... Not even sure if anyone would like to read about my journey to becoming debt free. So, I am 34 years old with a current debt of 13,414.86, it was 26,064.96. This is not including my student loans mind you which is approximately 30,000. This…
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New beginnings
Okay, lets do this diary thing. Maybe it will help when times get tough. £65k in debt. DMP starts on November 1st. Payments of £335 PCM All creditors are aware, most were great (apart from Virgin). Stepchange are managing my plan. I aim to give it 6 months and review.
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PPI and DWP
Apologies if this has been asked before. I have found out today that I will be receiving a PPI payout approx £2600, £1600 is gross interest which I know I have to declare to DWP as I receive tax credits. I used a claim company and will have to pay them over £600 from the total amount I receive. My question is do I declare…
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So here's to you - 2
OK, so.... This site says I last visited in September 2009, which seems about right! Incredible to think how many diaries must have come and gone in that time, how many people will have gone from drowning in debt to debt free (and possibly - but hopefully not - back again), how many connections made, and how much people…
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What a Year.....Climbing Back on the Wagon
Hello! I've been a member for years but slowly slipped away as life took over. Lots of things have happened in the past 6 months or so that have conspired against me and I need to retake control. So I'm back! To quickly recap the difficult past few months ..... I started a new job last September (I'm senior leader in a…
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Iwcoa
Hi all, I'm new to the site so bare with me. I've had a lot of financial difficulties after being defrauded by people who were supposed to have been investing in my company (Action Fraud now dealing) anyway because of them I incurred a lot of personal credit which I put into my company - it all got too much and I tried to…
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Debt free wannabe
Hi guys, just a bit of an update for how my debt free targeting has gone through the year so far. There’s still a long way to go and it really does feel never ending. Not sure why I’m posting maybe just to get some new advice or general tips to keep motivated. January 2019: Debts: £22449 Assets: £11 Net worth: -£22488 To…
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My Journey
Keeping this little diary to help keep me on track! Im tackling my debts one at a time, with the highest apr first! My aim is to clear £484 from the 1st credit card. I have managed to pay £760 to it over the last few days. £500 was from moving part of the balance to a lower interest card. Also have a pending £200 0% BT…
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Debt free by the end of 2020 (optimistic)
I am setting this thread up purely to track my own progress and for some self-accountability as I am slowly falling back into old habits and spending more than I earn, I have reduced my debts by a few thousand this year and I don't want to go back. Instead I want to move forward, learn to manage my money and eventually…
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Venturing Out of the Vault (of Debt)
Hi all. After a suggestion to start a diary in my first thread here: https://forums.moneysavingexpert.com/discussion/5983080/lbm-had-changes-made-advice-or-critique-welcome I have decided to start a diary to both motivate myself and record achievements (and errors) in my journey to debt free-ness. First off, some may…
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2019; The year of the downward spiral.
The year has been awful for me; my car died, my son moved out, work dried up and my rent/utilities increased. I wouldn't normally mind and I had an emergency fund in place and 3 months expenses. This soon got swallowed up and I find myself here in June wondering what on earth happened this year! My son moved out and took…
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Looks worse when it's written down!!
Read these boards for years. Finally had my lightbulb moment over Christmas when I realised I didn't actually know how much money I'd spent on husband and daughters. Decided to get all the balances of my cards and work out a plan to clear them as quick as I can. January seems a good time to start. Going to write down…
