The Debt Free Roll Of Honour

Beerworshipper

Lightbulb moment - April 2007 (Although the lights were slowly coming on for a year before then)....

Debt at highest : £15,850:mad:

Debt free date: Wednesday 02nd April 2008_party_:dance:_party_


Pearl of wisdom...

Hmmmm tricky, but here goes

Shred, burn and then bury your Credit Cards, they are not your friends....

Remember that small victories here and there win the war

and finally,

Although being focussed is essential, remember to pause every once in a while, turn around, see how far you've come, congratulate yourself for what you've achieved and allow yourself the occaisional treat for getting that far. After all, DFW is not just all about sacrifice and struggle, its a lifestyle and every lifestyle must have some degree of balance.

Good luck with your own Debt Free Journeys and here's to a great community.

:T :T :T

Fortheloveofmoney

Lightbulb Moment: March 2006
Debts: £30,000
Original Debt Free Date: Sept 2011
Actual Debt Free Date: 10th April 2008
Perl of Wisdom: Keep going folks, you will get there. Try not to be too harsh or strict with the budgets as this has the same effect of dieting ie binge and purge. Set realistic budgets and timescales and allow yourself a little slack.


I'm Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!!

incesticde

LightBulb Moment : August 2004
Debt at highest : circa £20 K
Debt free date : Wednesday
Pearl of Wisdom : It's a marathon and not a sprint, Don't forget to enjoy yourself when you can... and Don't accepet any debt at face value, get them to prove it via a CCA http://forums.moneysavingexpert.com/showthread.html?t=756749


I'm still in shock!

But very happy

:j:j:j:j:j:j:j:j

Thanks to everyone on this site for the help over the years:beer:

Frugal_Fox

Lightbulb Moment: May 2005

Debts at their highest: £26,000

Debt-Free Date: 17th April 2008 :j

Pearl of Wisdom: Set a budget and stick to it. Review it often so that it stays current. Don't think of this as a harsh regime but as a way of giving you financial freedom. Post often to the DFW boards for help, inspiration and support.

Debt Free Diary: Not really a diary as such, but I think it was amongst my first posts and it said about my situation, and got updated.

laurajayne

The date of your lightbulb moment - June 2006

Debts at their highest - £7,500

Debt-Free Date - 25/04/08

Your one pearl of wisdom - Just keep going, no matter how many times you fall off the wagon, just jump straight back on. You wouldn't beleive the feeling you get when you finally make it!

linniestorm

Date of your lightbulb moment: 1st March 2006

Debts at their highest: £7244.36

Debt-Free Date: 28th April 2008

Your one pearl of wisdom: Keeping a spending diary really does make a difference and really does demotivate you from spending on rubbish, it took me a long while to do this properly but really made a difference during the final countdown. Also I found setting a deadline helped and I spent literally months dithering and reducing the amount I was chucking at the debt. In the end I decided I wanted to be debt free by May 08 and changed my payment plan accordingly, which meant I had to reduce my budget on other things accordingly! Oh, and reading this site regularly, obviously!

Storm

OMG - can't believe I'm actually posting on here!

Right:

Lightbulb Moment - 13th September 2006

Debts at their highest - £6240.06

Debt-free date - today, 30th April 2008

Pearl of Wisdom - just keep plugging away, all those little bits do add up & setting yourself smaller goals really does help

Diary - started after I had a major falling off the wagon incident http://forums.moneysavingexpert.com/showthread.html?t=360179

Keep going everyone!

izzysdad_2

a. The date of your lightbulb moment

4th September 2007

b. Debts at their highest

£6183.25

c. Debt-Free Date

Originaly February 2009 but now 1st May 2008

d. Your one pearl of wisdom.

Never be afraid to ask for help, be honest with yourself and without doubt keep looking on here for tips and advice

jimster999

Lightbulb moment: February 2006

Debts at highest (February 2006): £27,000

Debt-Free Date: April 2008

Pearl of wisdon: Be ruthless: you just need to spend less than you earn! Look into additional ways of earning money - matched betting, cashback, etc. Prepare a nice spreadsheet with graphs and then each month you can work out how you're really doing.

Good luck people - it feels amazing to make it out the other end of the debt tunnel. :j

queenpiggy

Had LBM Around 1997 :eek: but struggled with how to pay everything off properly until finding this site 2 years ago. That speeded things up a lot.

Debt at highest £15,000

Debt free date 06/05/2008

Pearls of wisdom: Nothing that you wouldn't have already heard, spend less, save where possible, sell as much as possible on Ebay. Amazon etc, also having a spreadheet of my money down the last penny really helped, even if it was a drag sometimes it motivated me loads. Check bank balance every day! (I still do this). Most importantly don't let it get you down!