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Finally getting there
Empty_pockets
Posts: 1,068 Forumite
:j:j:j:j:j:j:j:j
Felt like a post simply to say I'm finally starting to screw down my debt.
This time last year I had 87K of debt and was spending far more then I should have been.
This month I've finally got below the 80K mark even though I'm being crucified with high CC charges.
Over the last two months I've paid off nearly 2K. On top of that I've been able to have several treats which I've wanted/needed for a long long time!
Got my mortgage statements the other day too, 14yrs 1 month left. Thats mortgage free by 45 on the current schedule, 40 if my plans come to fruition!
Wasn't that long ago I was feeling very negative about my situation. If you're feeling like that now take solace in that it is possible to work your way through your debts and come out on top. Just keep at it.:)
Felt like a post simply to say I'm finally starting to screw down my debt.
This time last year I had 87K of debt and was spending far more then I should have been.
This month I've finally got below the 80K mark even though I'm being crucified with high CC charges.
Over the last two months I've paid off nearly 2K. On top of that I've been able to have several treats which I've wanted/needed for a long long time!
Got my mortgage statements the other day too, 14yrs 1 month left. Thats mortgage free by 45 on the current schedule, 40 if my plans come to fruition!
Wasn't that long ago I was feeling very negative about my situation. If you're feeling like that now take solace in that it is possible to work your way through your debts and come out on top. Just keep at it.:)
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Comments
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Just wanted to say My Debt was £78k in Jan 2007 when i had my LBM and i have now got it down to £33k, i find it hard at times but i feel like i am finally getting somewhere, it wont be to long before i can start paying the creditors that i owe less that £200.00 off for good i have 17 creditors and 6 of them are all under £500.00 each.
Keep going everyone we will all get there :-0 xxx0 -
Empty_pockets wrote: »
Over the last two months I've paid off nearly 2K. On top of that I've been able to have several treats which I've wanted/needed for a long long time!
I think that is one of the most important things, a few well earned treats along the way helps keep you on track:beer::cool:
well done :TPROUD TO BE DEALING WITH MY DEBT NERD #869
DFD 5/1/16Numpty,Not sure why but I'm crying
. Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & 
for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
xx0 -
Have you ever done a SoA? I'm thinking why are you concerned to get your mortgage down when you have £80k of other debt which is presumably on higher APRs.Empty_pockets wrote: »... This month I've finally got below the 80K mark even though I'm being crucified with high CC charges.
Over the last two months I've paid off nearly 2K. On top of that I've been able to have several treats which I've wanted/needed for a long long time!
Got my mortgage statements the other day too, 14yrs 1 month left. Thats mortgage free by 45 on the current schedule, 40 if my plans come to fruition!Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Mortgage is included in that 80K mate. Its about 65iirc.0
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OK, so 15K of shortterm debt. Although a mortgage is debt, the terms are such that it shouldn't be a problem unless you have overstretched or can't meet payments.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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