£77,366.35 reasons to be debt free!

nomonnofun

Hi girl, You are not alone. I am on my own with 45K reasons to get debt, 12 years of working life to do it and have no quality of life as it is. I am useless at handling all this - so have engaged a company to help me with the CC side of things. I know its against all the principles of MSE but I must, 'cos I'm an ostrich at heart. I too am looking for support to get me through this - debt management and no mun is just stretching into the future with no end in sight. What a thought!! anyway, I'll watch and learn hopefully from the tips n hints other users offer. Question? Is it possible to be debt free at all?

hypno06

Of course it is possible to be debt free! But if I were you I would def speak to one of the free companies for debt management - even if you are already signed up with someone else.......CCCS would be well worth a call to see about switching to them and you will be debt free much quicker because you won't be paying anyone a fee!

macgirl

Yep, I'll second that nomonnofun, keep posting on this site - maybe start your own thread on the main DFW board, you'll get lots of advice and support - but keep posting. Good luck

IMD I also do my car tax online, for the same reasons as hypno. I always used to be frantically turning the house upside down looking for the relevant paperwork :rolleyes:
BTW Where'd you get your tins from?

savingholmes

IMD hope you are feeling less hormonal today....

In_my_dreams

:hello:

Had a very busy weekend, away with a friend for a fairly cheap break - free accommodation, shared petrol and just nice company and the odd glass of wine. Have returned very refreshed and clear headed. Walked around some fantastic places and looked at what I could achieve if debt free so it was also inspirational!

Bought diary for next year today and going to keep my totals in there as well as on the computer so it is always to hand, like a little reminder for me. Lunch is sat in fridge at work. OH did the shopping whilst I was away and it was a bad bad shop, £80 on what?? Nothing for the kids lunches so we are going to have to be inspirational this week with food ideas.

Got festive last night and put the decorations up and will do xmas cards tonight. Also going to set myself some goals for next year.

I have also just done the following:-

Cancelled DD to Gym for £31.50 and written them a letter confirming.
Cancelled Sky box we have upstairs which was costing £10 a month as we can now just watch the freeview channels.
Cancelled audible account which I have been paying £7.99 per month without realising.
Cancelled £7.50 every 3 months to Runners World as it tells me the same thing every month
Total saving in 5 mins - £56.99 Annual saving £683.88 :j:j

I am going to tackle the Gas and Electricity over xmas as I am paying a fortune and just acting as if it is ok and we should be doing something about it!

First £4 has gone into Xmas pot for next year and we are being paid early this month so can distribute money to pots then as well

January brings:- Roofing bill, Car Tax for 6 months and Car Insurance x 2 cars :eek::eek:

Also got a letter from Natwest yesterday reducing our credit limit to what our current debt is, stressed me a little incase everyone in closing in on me. We have three debts now which are coming to the end of their 0% so will hope to be able to do the CC shift by then.

Off for hopefully a productive and cheap day

macgirl

The weekend sounds good and great work on the debt-busting :T:T:T

savingholmes

well done on getting rid of all those payments!

Try and look at the reduced credit limit as good news - and reducing temptation

miemie

Glad you had a good weekend, i could do with one of those at the moment.

Well done on cancelling DD, lots of money saved there and i agree with savingholmes about the reduced credit limit, it is reducing temptation.

hypno06

It was when MBNA did a similar thing on OH credit card that my lightbulb came on fully - coinciding with my first week on MSE.......hmmmm :rotfl:

It was the kick up the backside we needed - we had been "trying" to do something about it for years, but were treading water - that credit reduction though made us wake up a bit, and I have never looked back!

Needless to say - current balance on MBNA - £0.00

WorkingHardDFW

I go with H's advice as well. For us it was when we didn't get a cc application through that the LBM happened. We then had a couple of limited reduced to the level of the debt at the time. It felt a bit scary but we were in control in reality and like H says we've not looked back.

All those small monthly amounts will help definately