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A big thankyou
Wyke
Posts: 5 Forumite
Hi guys
About 18 months ago I got into quite a finantial pickle. I'd not done anything realy stupid, but had ignored my finances all my life and sort of just floated through life.
Then about three years ago I had a very serious illness that put me off work for almost a year. Needless to say, with no cash reserve and an ever decreasing income, and lots of debts the bank had a field day with penalty charges, which all led to my finances going into free fall.
Out of desperation I posted here. Insted of the instant fix I guess I was looking for I got a lot of hard words. Mainly along the lines of "Yup, it's crap what's happened, you've been unlucky. But, you are as much to blame for not managing things better." Not what I realy wanted to hear.
Yes, I had a little sulk to start with, but I did take on board what folks said to me. So, a good 18 months on things are lot better.
I sold my house and am now renting. I've actually swapped a run down Corri style terraced house, for a wonderful custon built appartment overlooking Hull Marina. Got rid of the second hand BMW and am now driving a new Fiesta. But more importantly, have got rid of almost all of my debt.
Then today. I did something I have never done before. I went into the bank, and opened my first savings account! An ISA. I know that may not seem a lot, but for a guy just turned 50 and who has never saved a penny in his life, it's a big step forward.
So I just want to say thanks for the hard words I got from here. They were not what I wanted to hear, but they were what I needed to hear.
The whole process was not nearly as hard as I thought it would be. It mainly boiled down to getting everything sorted out, trimmed back and the belt pulled in a notch or two.
If I wanted a treat, then I'd do a couple of extra shifts on overtime, before I treated myself.
However, the real benefit to it all, and it is a case of the cloud having a silver lining. With the current credit crunch, while most of my family and friends are wandering about all worried and trying to make ends meet I am in quite a comfortable position.
Yes, I know I can't be complacent, I need to keep a close eye on things, but I am now more then just surviving.
Sometimes hard words are the best, and I got the best here. Thankyou to everybody here who took the time to kick my backside. It has worked wonderfully.
About 18 months ago I got into quite a finantial pickle. I'd not done anything realy stupid, but had ignored my finances all my life and sort of just floated through life.
Then about three years ago I had a very serious illness that put me off work for almost a year. Needless to say, with no cash reserve and an ever decreasing income, and lots of debts the bank had a field day with penalty charges, which all led to my finances going into free fall.
Out of desperation I posted here. Insted of the instant fix I guess I was looking for I got a lot of hard words. Mainly along the lines of "Yup, it's crap what's happened, you've been unlucky. But, you are as much to blame for not managing things better." Not what I realy wanted to hear.
Yes, I had a little sulk to start with, but I did take on board what folks said to me. So, a good 18 months on things are lot better.
I sold my house and am now renting. I've actually swapped a run down Corri style terraced house, for a wonderful custon built appartment overlooking Hull Marina. Got rid of the second hand BMW and am now driving a new Fiesta. But more importantly, have got rid of almost all of my debt.
Then today. I did something I have never done before. I went into the bank, and opened my first savings account! An ISA. I know that may not seem a lot, but for a guy just turned 50 and who has never saved a penny in his life, it's a big step forward.
So I just want to say thanks for the hard words I got from here. They were not what I wanted to hear, but they were what I needed to hear.
The whole process was not nearly as hard as I thought it would be. It mainly boiled down to getting everything sorted out, trimmed back and the belt pulled in a notch or two.
If I wanted a treat, then I'd do a couple of extra shifts on overtime, before I treated myself.
However, the real benefit to it all, and it is a case of the cloud having a silver lining. With the current credit crunch, while most of my family and friends are wandering about all worried and trying to make ends meet I am in quite a comfortable position.
Yes, I know I can't be complacent, I need to keep a close eye on things, but I am now more then just surviving.
Sometimes hard words are the best, and I got the best here. Thankyou to everybody here who took the time to kick my backside. It has worked wonderfully.
0
Comments
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:T Well Done !:T0
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Excellent! Well done and thanks for posting. It's great to read success stories xThrilled to be DEBT-FREE as of 26.03.10
Hubby DEBT-FREE as of 27.03.15
Debt at LBM (June '07): £8189.190
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