The Debt Free Roll Of Honour

NJS2016

I have always been a lurker, I did have an old username but as that wasn't very positive I have decided to re start as a debt free person. My debt at it's worst was £17,000 now down to £0 as from today :j

black_taxi_2

My fav thread M.S.E

well done all reduced debt and debt free 2016

beanielou

Do we have a running total for how many people have become debt free this year?

black_taxi_2

beanielou if you look at first page,you will see 2015 list/names

the same will happen for 2016

muppets

a. The date of your lightbulb moment
- June 2009, when I moved back home with my parents after a messy seperation
b. Debts at their highest - £20,000
c. Debt-Free Date - 13th Dec 2016
d. Your one pearl of wisdom. - Set yourself a realistic budget, that you will be able to sticl too. If it's too strict then you will always overspend

e. Links to the MSE guides that helped you - I didn't use any
f. Which forum threads helped you DEBT FREE BY CHRISTMAS, 2012, 2013, 2014, 2015 AND 2016 which I run this year.
g. And if you had a debt diary on the Debt-Free Wannabe board (DFW), a link to it

Ellieseleven

Huge Congratulations Muppets, great to see you are now debt-free... I hope to be following you in the next few months:cool:

Ellie x

austonic

Yeh. Done it and currently enjoying a three week holiday in Thailand to celebrate.

a. The date you decided to become debt-free
April 2013.

b. Debts at their highest
£513,200 on mortgage and £58,000 on credit cards / unsecured loans.
c. Debt Free Date
18 November 2016

d. Your one perl of wisdom.
Sacrifice all comforts to ruthlessly pursue debt clearance from the best income you can secure.

I read all the guides on MSE and elsewhere, followed the plan to cut biggest debts quickly, but I didn't use the diary.

I was fortunate in that I had a big, but unusual and hard to sell, house and was ultimately able to downsize to a rather nice 4 bed executive property that my wife and I own outright.

For over a year I was at considerable risk of losing that house through repossession though. It has been a tough few years starting with redundancy.

Technically, I still have some debt but that is all on zero rate cards and I have the money in secure savings to pay them off in full when the zero rate ends.

sentientpoet

Finally. :j

1) Lightbulb moment - November 2005

2) Debts at their highest - £103,500, all in unsecured personal debt (loans, cards and overdrafts)

3) DFD - 20 December 2016

4) Pearl of wisdom - budget like mad, focus on the goal, and never, ever give up

More complete story of my journey and a few additional pearls of wisdom in my post here: https://forums.moneysavingexpert.com/discussion/5575569

:beer:

datlex

Paid off the final £1000 on my loan today. First time in 13 years that I have been totally debt free.

Former_MSE_Andrea

84 of you posted to say you'd cleared your debts in 2016!

Huge congratulations to all of you!

If you cleared yours but haven't celebrated on here yet post now and we'll update the figure

And tell us what you've done next... Debt Free No Longer Wannabes - what did you do next?

Congratulations to this year's Debt-freeers..

datlex, sentientpoet, austonic, muppets, NJS2016, Bipolar_debt, monz, ab_saver, Money_Muppet , retiredandskint, lambda, Princesssparkle, Onmyway2, Seasidegal58, QuietOne, Willowpop, daveg10, NewcastlePaul, eco farmer, SpekySquarehead, C&S, Gazza1964, naff123, pineconesjay, lsmcal1984, blu3sky, villemo84, mesci, Honeylife, Karma67, timefortea, chocoholic_chick, purpleposting4, dangerpowers, e4rub, starnac, Carviscocker, Fender4, dolly84, Brightspark87, hoglet121, Bored, devon-tony, mrsbee17, Tony_, stekka, Kate_fixing_it, Gladioli, HornetSaver, sistercas, Tiglath, moneycantbuyyouhappiness, RosaBernicia, Catwoman_2015, Baldybear, Muhren, please-let-me-be-lucky, gig11, skilly, heartbreak_star, Frith, CornishMaid, tizerbelle, Ronoir,
takingcareofthepennies, Mysteek, Sillygal, laura84gr, medusasmummy, depressed_but_determined, Soph86, princess_pea, bookworm262, Hobbes1, glentoran99, NoStrangerToDebt, CapricornLass, Serafine, 2spicy, mc2705, AshB123, koselur, mothernerd, BrandNewStart