The Debt Free Roll Of Honour

RosaBernicia

doingitanyway wrote: »

Hope I am not being presumptuous but you might be talking about me? Anyway you prompted me so I have done it now

Glad I stopped by as was wondering if you had done it shouldn't you get an MF badge too?...


Rosa xx

beanielou

Whats the badge badger called again?

ETA MSE Badger.

doingitanyway

RosaBernicia wrote: »

Glad I stopped by as was wondering if you had done it shouldn't you get an MF badge too?...


Rosa xx

Not sure I know the process for getting badges but I would love a debt free and a mortgage free badge please

beanielou

Calling MSE Badger

milann

I've done it - I'm debt free......

Lightbulb moment - 2006 - I was in ICU seriously ill and was more worried about my debt than my illness....
Debt at highest - I didn't total it as it was too scary for me - but well over £20,000
Pearls of wisdom
- don't set impossible targets that'll disappoint you if you can't meet them, endangering you to give up - keep moving step by step in your right direction
- keep on the boards and support one another - but don't compare stories as we are all different
- remember to make a life doing cheaper alternatives than before with the odd treat, not just debt clearing and accept life can get in the way sometimes - BUT DONT GIVE UP

My diary is Milanns life keeps getting in the way

My best moment was yesterday when I was in the same hospital waiting to go into theatre for another very minor op - I'd been debt free a few days and know I'm going on half pay as I've been off work a while. I can now accept and manage this although not ideal - but I won't be paying half my wage paying debts.....I thought back to 2006 and how worried about money I'd been - a different world and its good :T:T:T:T

beanielou

milann wrote: »

I've done it - I'm debt free......

Lightbulb moment - 2006 - I was in ICU seriously ill and was more worried about my debt than my illness....
Debt at highest - I didn't total it as it was too scary for me - but well over £20,000
Pearls of wisdom
- don't set impossible targets that'll disappoint you if you can't meet them, endangering you to give up - keep moving step by step in your right direction
- keep on the boards and support one another - but don't compare stories as we are all different
- remember to make a life doing cheaper alternatives than before with the odd treat, not just debt clearing and accept life can get in the way sometimes - BUT DONT GIVE UP

My diary is Milanns life keeps getting in the way

My best moment was yesterday when I was in the same hospital waiting to go into theatre for another very minor op - I'd been debt free a few days and know I'm going on half pay as I've been off work a while. I can now accept and manage this although not ideal - but I won't be paying half my wage paying debts.....I thought back to 2006 and how worried about money I'd been - a different world and its good :T:T:T:T

:j:j:j:j:j:A

Onebrokelady

Congratulations on becoming debt free everyone ,I've just startec on my DMP and I've read this thread from start to finish,it's sooooo inspiring,I can't wait until I can post here,well done to you all xx

pinkspideruk

So last month I paid the last installment on my DMP and I am now debt free (I waited until the payment showed as clear on my balance with the last debtor before posting).

I am now looking forward to starting to save! I've decided to save 50% of what I was paying to the DMP each month which leaves me with a comfortable amount to live on plus after a few months a decent amount of savings

Lightbulb moment: November 2014 my birthday and receiving only mail about debts!
At their highest I owed just over £13k on loans and credit cards
Debt Free Date: 20th Feb 2018
Pearl of wisdom: dont be afraid to tell people no - like when they say hey we are off on a stupidly expensive trip to a xmas market before i would be like yeah im coming and just pay for it on credit but now im like sorry guys cant afford it right now but happy to meet at a house or go for some xmas drinks with you
Forum thats helped was the dmp ones
I didnt have a debt diary

slm6002

I have done it - I am now debt free.

Feels very good to say this after so long of chipping away at it, little by little.

Now going to tackle the mortgage

StokieBecks

MSE_Martin wrote: »

Please report

a. The date of your lightbulb moment
b. Debts at their highest
c. Debt-Free Date
d. Your one pearl of wisdom.
e. Links to the MSE guides that helped you
f. Which forum threads helped you
g. And if you had a debt diary on the Debt-Free Wannabe board (DFW), a link to it

And huge congratulations

Martin

I know I am not the most prolific poster on the debt free wannabe boards but I have scoured them daily for probably two years taking on all the advice of the wonderful posters. Too many of you to mention but there are some exceptionally knowledgeable posters on here who are a massive source of information and guidance to all on this debt free journey. THANK YOU ALL!

So I have done it! The last payment went today and the balance is already showing as zero on the final account.

A) Can't pinpoint an exact date for my lightbulb moment but certainly wanting to rent with my new partner in 2015 made me a lot more aware that I was in a hole. Lightbulb fully lit when I received a CCJ by default in January 2016 and the court didn't didn't agree to my monthly offer and instructed me what I had to pay a month - From there I addressed all my debts and started making payments to avoid any more court action. Was so disappointed in myself.

Looking at my records my debts at their highest were £13,562 - this included a £3000 overdraft, £3884 on a credit card linked to my bank, £949 on a capital one credit card, £1641 on a bank loan and the rest made up of various catalogue debts.

C) Last payment paid 17th April 2018. All accounts now showing online as zero balance

D) I don't have one pearl of wisdom but to everyone on the journey just keep at it, don't ignore the situation, that makes things worse not better, if you need advice, ask - there is always someone here who will be able to advise! Have a budget and stick to it, don't leave yourself short , you still have to have a few treats along the way and as long as they are budgeted for don't feel bad about it.. also don't compare your journey to that of someone else.

E, F and G). I didn't have a diary but read bits of others along the way , the whole forum was helpful as even though I don't contribute often, I read posts a lot and have taken snippets of advice along the way.