Paying back our debts

tottenhamgirl

Hi Everyone i have been reading this forum for the past week and thought i would share my story with you all. I am on a DMP and have been for the past two years our debt was £75k Nov 2006 and its now down to £45k Nov 2008 its been a hard long road and we know we still have a long road ahead, but i am proud that we havent used credit for two years and we have managed ok we dont buy things now unless we can afford and we have proved we can do it. At times its hard i wont say it isnt but i feel now that i have broke the back of the debt and we are on our way at times i feel like i am wishing my life away as DMP doesnt end till Aug 2012 (hurry up the olympics )

Well thats me got it all off my chest and i am off to watch the mighty spurs win again :j have a good sunday everyone and be gentle with me as its my first post

Just like to add if anyone has any ideas to pay back my debt quicker or any general advise it will all be welcome.

Amyboo

Hi and welcome.

Congratulations on getting so far with your debt and not using anymore credit in the last 2 years that's a massive achievement and an inspiration for people like me who are just setting up a dmp.

Keep on going, the years are flying by for me so 2012 will be here soon.

tottenhamgirl

thanks for your comments i am pleased we are getting it sorted its hard work at times but it will be worth it good luck

Miss_Piggy_2

Welcome to the best forum on here!

Sounds like you are doing well at clearing that debt - well done!

Why not post your SOA. Being on a DMP its prob pared down to the minimum anyway, but its worth a go!

Miss P
xx

Hermia

Wow! You have paid off a lot!

Have you been through the house to see if there is anything that can be sold on Amazon/ebay/Play? This is a good time of year to list good quality items as people will be on the look-out for pressies.

tottenhamgirl

I have a spare room full of stuff that i could ebay and so much designer clothes that i could sell but i am so lazy lol i know i know i should ebay it, its all money after all.

I know this may sound daft but does SOA mean statement of account i am new to this.

poorandindenial

Hi tottenhamgirl (and possible fellow londoner??)

Yup - SOA = statement of affairs/accounts

There is a handy calculator here: www.makesenseofcards.com

Well done on your fantastic progress so far as well :T

tottenhamgirl

poorandindenial wrote: »

Hi tottenhamgirl (and possible fellow londoner??)

Yup - SOA = statement of affairs/accounts

There is a handy calculator here: www.makesenseofcards.com

Well done on your fantastic progress so far as well :T

Yep fellow londoner :beer:

thanks for the link mate

poorandindenial

Excellent - there aren't that many of us on here so it is always lovely to see a fellow londoner - welcome to the boards!

tottenhamgirl

poorandindenial wrote: »

Excellent - there aren't that many of us on here so it is always lovely to see a fellow londoner - welcome to the boards!

Well looks like we will have too stick together then

john_boot

wow, you've done really well and its inspirational!..... welcome to the board