how did you end up in debt?

rubydoiwannabee

squealy wrote: »

Hi,

I went travelling and built up a bit of debt (£1500), then when I got back I was lazy about getting a job and only did a few days here and there, so just paying the bills left me in the situation I am in.

I'm now working 2 jobs to pay off the debt I've built up, but feel a lot happier than when I wasn't working and had loads of free time! Go figure!

Hey Squealy
At least you got to travel... go anywhere nice?

nekosuki

Hi Ruby,

I managed to rack up the £17k debt I have now through not listening to good advice and purely spending beyond my means whilst in my early 20s. Was I trying to impress people? I dunno...

I once said to my then bank, you must love customers like me as I'm always getting charged and making you more money. The man actually said yes kinda without thinking.. he then changed his tune and denied it.

Tonylpool

hi nekosuki,

pretty much the same with me as you think the money will always be there! I'm actually happier now even though I have debts to deal with. I have not seen my children for almost a year now due to my ex wife being difficult and the sense of loss puts things in perspective.

Tony x

NW-ANGEL

hi
Wish i could say it was one good reason to be honest - in some ways i suppose i can - life! but seriously its been a number of factors as i am sure it is for loads of people...
personally -

student for 4 years....
low income....
no income...
redundancy...
overspending....both everyday stuff and few extravagances...
illness...
family issues...
seperation...
young and looked through rose tinted specs...

i could go on but i dont want dwell on all that - i look at my debt for me personally as a very steep learning curve - me and OH appreciate Everything we have and do, see the value in every penny we spend and make, and realise there are so many other things we took for granted over the years gone by, in the last 12 months we have paid off approx £10k....(keep meaning do signature!! have done SOA and do more reading than posting on 'ere!!) but determined to be debt free by 2011 and will never ever ask for credit again except for mortgage! and evebn then i hope we'l be saving every penny to put down before hand!

life chucks lots at us...its one long ride - we just have to try and enjoy the journey and make it as good as possible

(yes i am a soft silly blonde! :rotfl:)

kel x

PS it is comforting to hear everyones stories, read daily diaries and general money debt and life issues too :beer: getting addicted to this site ur all FAB !!!

rubydoiwannabee

nekosuki wrote: »

Hi Ruby,

I managed to rack up the £17k debt I have now through not listening to good advice and purely spending beyond my means whilst in my early 20s. Was I trying to impress people? I dunno...

I once said to my then bank, you must love customers like me as I'm always getting charged and making you more money. The man actually said yes kinda without thinking.. he then changed his tune and denied it.

I have said the same to my bank...and although they didn't reply I'm sure they were thinking exactly the same as the man you spoke to.

As for trying to impress people.... well if you said that is something we did I would strongly deny it, but then we extended our house instead of moving when had we really sat down to consider it, we couldn't afford either!!!!!

This site has shown me that we are not alone, not freaks, irresponsible parents (well still feel that actually), and has totally inspired me to change.

xx

NW-ANGEL

Tonylpool wrote: »

hi nekosuki,

pretty much the same with me as you think the money will always be there! I'm actually happier now even though I have debts to deal with. I have not seen my children for almost a year now due to my ex wife being difficult and the sense of loss puts things in perspective.

Tony x

apart from kids (dnt have any YET! but must be awful) i feel completely the same nowadays

kel

Runnybabbit

Tonylpool wrote: »

hi nekosuki,

pretty much the same with me as you think the money will always be there! I'm actually happier now even though I have debts to deal with. I have not seen my children for almost a year now due to my ex wife being difficult and the sense of loss puts things in perspective.

Tony x

Oh Tony, that's terrible, my hubs has gone through the same thing, he fought her all the way though, my heart goes out to you. x

Tonylpool

Kel, you speak for us all! The empathy on this site is amazing and I can sit here all night reading it!!!

Tony x

Runnybabbit

Tonylpool wrote: »

Kel, you speak for us all! The empathy on this site is amazing and I can sit here all night reading it!!!

Tony x

Yes and it doesn't cost us a penny :j :j

rubydoiwannabee

NW-ANGEL wrote: »

hi
Wish i could say it was one good reason to be honest - in some ways i suppose i can - life! but seriously its been a number of factors as i am sure it is for loads of people...
personally -

student for 4 years....
low income....
no income...
redundancy...
overspending....both everyday stuff and few extravagances...
illness...
family issues...
seperation...
young and looked through rose tinted specs...

i could go on but i dont want dwell on all that - i look at my debt for me personally as a very steep learning curve - me and OH appreciate Everything we have and do, see the value in every penny we spend and make, and realise there are so many other things we took for granted over the years gone by, in the last 12 months we have paid off approx £10k....(keep meaning do signature!! have done SOA and do more reading than posting on 'ere!!) but determined to be debt free by 2011 and will never ever ask for credit again except for mortgage! and evebn then i hope we'l be saving every penny to put down before hand!

life chucks lots at us...its one long ride - we just have to try and enjoy the journey and make it as good as possible

(yes i am a soft silly blonde! :rotfl:)

kel x

PS it is comforting to hear everyones stories, read daily diaries and general money debt and life issues too :beer: getting addicted to this site ur all FAB !!!

Hi Kel,
thanks for your lovely response from one soft silly blonde to another!!

Tony
Poor you... that must be very hard. Is the situation likely to change in the future?

You can consider us your virtual family.