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9 months to go - finally!
Been a long time lurker on here. Got myself into some money problems in my younger days and have been paying for it since BUT the end is near. In 9 months time I’ll be debt free and I’ll finally be rid of the biggest debt burden - my Amigo loan. Unfortunately due to bad credit I turned to them in my hour of need and then…
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Paying off debts
Hi Everyone I’m new to the Forum, and would like some advise on clearing some debts I have, but I’m unsure the best way to do it? My background is, in 2016 I got into financial trouble due to cost of living, kids and trying to keep up with the Jones!! In the end I accursed credit cards and loans of about £25,000. In…
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Taking control so we can enjoy life
Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 2 Number of children in household......... 0 Number of cars owned.................... 1 Monthly Income Details Monthly income after tax................ 1700 Partners monthly income after tax....... 1450…
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So here I go....
Hello everyone First time on here, long time in debt, long time worrying about what I'm going to do to pay it back. I got into this mess trying to do the best for my family, yes we can have this that and the other - don't worry - I'm going to win the lottery and pay it all back - how short sighted was I?- and I'm normally…
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Squirrelling away the pennies for debt free life
Hello, Lovely to see you, thanks for stopping by, cuppa tea anyone? Right down to business...the debt currently stands at £6,220 on a 0% CC with approx 20 months to run, so in DFW terms not terrible (certainly not great either), so why am I here? Well because our actual LBM was this time last year, when the debt was around…
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Highs and lows of getting debt free
So here it is yet another debt free journey. I am going to get debt free by 35 and maybe consider buying a house. I am living in a silly part of the country, beautiful but silly (Surrey). Sky high rent and bills, all because I'm following my dream of becoming a qualified veterinary nurse. I barely go out, holidays tend to…
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Time To Try Again
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Getting back in control!
So I had my lightbulb moment this summer after dipping deep into a stupidly high interest credit card. It is time to finally get the debts under control, the spending down and to finally get some savings/rainy day money, not just a trail of credit cards haunting me. On the face of it we should not be in this position, I…
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if i make a start . then there has to be an end right ?!
24 years old 3 kids . bipolar. physical disability. second child with additional needs and £15k of debt (£12k + interest if i can get approved for a loan and consolidate) i always thought id leave school go to college , travel. go to uni . get married . buy a house . have kids. raise the babies. then one day retire. but…
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Starting to control my finances
Hi all, Thanks in advance for any help you can give me. Was very enlightening creating my statement of affairs. I’ve made many changes over the past 6 months to gain tighter control over my finances, but after reading this website these past few days and seeing what everyone else has contributed and how they’ve changed…
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Long time lurker, time to tke control
So, I posted here, probably back in 2013 or 14 about debt and what to do. Today I have decided it really is time to take control of the ever spiralling river that is my debt. Well, "our" debt. My partner and I have £77K left on our mortgage with around £45K of equity. We have around £35K of debt. I say around as I am doing…
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My journey to becoming debt free in 2018
Hey guys, so first of all let me start by saying I'm only 22 and don't have a massive amount of debt, £2500 odd but I have SIX defaults against my name from 3 years ago. I was stupid with money and wasn't really aware of the consequences and didn't tell my parents because I was pretty afraid of what they'd say. BUT, I'm…
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Skint dad drowning in debt!
Good morning, So I have been reading many of the inspiring and determined diaries for several months and it has made me face up to my many debts. I have always been !!!!less with money but things started to go down hill fast when my wife started maternity leave in 2017. Unfortunately I carried on spending reckless so would…
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That tiny little glimmer
I've very much been a long time lurker on these forums. Today I decided is the time I 'fess up to where things are at. Looking back I wonder what we have been doing with our money all this time. A little history, approx. three years ago my husband lost his job, due to his boss having a midlife crisis and wanting his best…
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Freedom hopefully this year
I have been struggling with debt for the last 6 years. I just want to free to pay off all my debts and help those closest to me. I am going to be updating how much money I make each day. I will be posting each income stream. My goal is to build multiple income streams. I'm well educated but have been stupid with money…
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Time to mend and make do, beg, borrow and barter.
Hello lovely MSE angels. I've been around for a while and know the small MSE ways lead to big changes in lifestyle. I'm so lucky I found you all when I did way back in the beginning of time! I had started a new 'adventure' diary but this years events have shifted the focus from those for now to a bit more of a 'primal'…
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70k Debt which you pay first.
Hello I am new here and I am looking for some advice. After years of chasing debts and watching them spiral I have taken stock and would like some advice on which direction to go next. For some background I am in a good career with good pension options and relatively good job security. I am accommodated and mortgage free.…
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From £14k to in the clear
Hello Everyone, After seeing we are now at the bottom of our overdraft, coming on here and receiving some superb advice I thought I would start a debt free diary. We got here through a classic mixture of: a) not paying attention b) pretty much zero financial understanding (CAN"T COUNT significant bills as a 'one off' and…
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Debts, Diets and DIY.
Hi everyone. Decided to come back here and start a fresh diary as I haven't posted in my last one for four years. Our house has got to an age where we need to start spending quite a bit of money on it so our debt busting might slow down a bit. Since I last wrote in my old diary there have been a couple of changes in our…
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Young, dumb and drowning in unsecured debt
Nervous to make this thread, but hoping it will keep me on track. Background on my situation. I’m not the kind of person you’d ever expect to be in debt. Unlike others on here, I haven’t had decades to build up my debts or experienced hardships that have left me no choice but to borrow. But, I’m still drowning in debt so…
