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Under 10K Yes! Yes! Yes!
Ibex
Posts: 69 Forumite
Hi
I haven’t been around for a few months, but a while back I was almost addicted to this site, always had the site on in the background on my work computer.
Anyway I was just updating all my numbers on my “debt” spreadsheet and I simply couldn’t believe it when I looked in the "owe" column the figure had dropped to £9965.
Getting down to four figures is a real boost and as I race down the final furlong to the debt free finishing line.
I can nearly taste what being debt free is going to be like. Can’t wait. I estimate by June 2009.
In 2006 when I added up all my debts and I found they came to about 35K I was desperate and didn’t know what do? I very nearly re-mortgaged again.
Luckily at that time I heard Martin on a radio programme as I drove home from work, and logged in to this web site straight away.
This site was such an inspiration that I took action and I have not looked back.
I hope my little story will inspire you to carry on.
(By the way I did have another name earlier on but I changed it as it was too easy to identify myself, so changed it to Ibex, so I have been a member for longer thanit looks).
Best wishes
Ibex
I haven’t been around for a few months, but a while back I was almost addicted to this site, always had the site on in the background on my work computer.
Anyway I was just updating all my numbers on my “debt” spreadsheet and I simply couldn’t believe it when I looked in the "owe" column the figure had dropped to £9965.
Getting down to four figures is a real boost and as I race down the final furlong to the debt free finishing line.
I can nearly taste what being debt free is going to be like. Can’t wait. I estimate by June 2009.
In 2006 when I added up all my debts and I found they came to about 35K I was desperate and didn’t know what do? I very nearly re-mortgaged again.
Luckily at that time I heard Martin on a radio programme as I drove home from work, and logged in to this web site straight away.
This site was such an inspiration that I took action and I have not looked back.
I hope my little story will inspire you to carry on.
(By the way I did have another name earlier on but I changed it as it was too easy to identify myself, so changed it to Ibex, so I have been a member for longer thanit looks).
Best wishes
Ibex
Debt at LBM July 06 £35,908 :eek: now £2,250 ish
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Comments
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Good for you! Well done :j0
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So happy for you well done! :T:T:T:j:j:j:beer: and good luck with the few months of your final hurdle.
MM2Long Hauler No: 51
DMP Mutal Support Thread No: 207
Proud to be dealing with my debts
DFD - June '13, aiming for December '120 -
Well Done, reducing debt that fast is an achievement few are able to achieve or exceed. Good luck for the following months to get it cleared.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0 -
Well Done :T, as you pay off more debt you will have more spare cash to pay of more debt even faster, the end is in sight!
You must have been watching Martin about the same time as me :cool:0 -
Well done Ibex, below 10,000 is a psychological milestone. On the home run now!One life - your life - live it!0
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I had a similar feeling when I saw under 1k to go last payday (my signature doesn't reflect it due to no overpayment option on my loan .. so I'm saving up for a lump-sum payoff). Under 10k was very motivational, too !
Well done! The end is in sight!!Starting Debt: ~£20,000 01/01/2009. DFD: 20/11/2009 :j
Do something amazing. GIVE BLOOD.0 -
Nice one Ibex! I was just looking myself at how soon >£20k will be - spring 2010! That'll be nice
LBM #2 - April 2009 / debt @ LBM £23914Current debt October 2011 £15388.DFD December 2013:money:0 -
Splendid news!0
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Congratulations, fantastic mile stone not long to go for complete freedom, well done.sept 2009: cc:18,900 loans:15,500 builders:6,000 pawnbrokers:6,500 service charges:1,900. council tax:521 HOPE to clear by xmas.
Current: cc:16,302 loans:15,500 builders:3,000 pawnbrokers:6,500 WILL clear this by 2012._pale_ service charges:0. council tax:0:A0 -
This really is uplifting news, debt CAN be managed and repayed. well done!0
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