The Debt Free Roll Of Honour

jinky67

:j :j :j :j :j :j :j :j :j
OFFICIALLY DEBT FREE AS OF 12/1/09
:beer: :beer: :beer:

My one pearl of wisdom is this:

NEVER EVER GET A CREDIT CARD THINKING I WILL ONLY USE IT FOR EMERGENCIES:rolleyes:

hypno06

Well done jinky!!!

bookseller1980

Congratulations!

mrsplinter

Well I finally made it and I am debt free after more than four years. I find it slightly ironic that the day I pay off my last debt is the day a recession is announced. Technically I have £7k stoozed but I'm not counting that as I pay it off in a few weeks

a. The date of your lightbulb moment 26 Sept 04
b. Debts at their highest £16,990.98 ish includes student loan, overdraft, credit cards and graduate loan.
c. Debt-Free Date 23 Jan 09
d. Your one pearl of wisdom. Keep a record of your debt, it's motivational to see your debt fall every month.

tomterm8

Debt free as of 13 feb 08

Debts £4000 ish in sept 2006, when I had medical problems that meant I couldn't work for a long time

My one pearl of wisdom is to keep records of every payment and full and final settlement for at least 6 years;)

beemuzed

Wow! As of 10 minutes ago, when I cleared the final CC payment, I have no debts at all. None. First time in many, many years. In fact, now, having retired a couple of months ago, we are in fact better off than we've ever been in 38 years of marriage!! Now, if this site had been around when we were in our twenties - we'd be wealthy! Never mind, comfortable and able to indulge in travel, theatre visits etc will do very nicely thank you!

Lightbulb moment: soon after discovering this site in June 2005
Debts at highest: £17,000 plus mortgage....Both gone!!!
Best tip: keeping a spending diary to see where it's all going. (Also, finding the OS board and meal-planning!)
Never had my own diary on here but found Immoral Angel's truly inspiring.

My thanks to Martin, for creating this site - retirement might have been very different if I hadn't been steadily clearing debts and repaying the mortgage. A few years ago our current incomes wouldn't have covered the debt repayments let alone the ongoing monthly outgoings like food, fuel, phones, etc. - now we have loads to spare! Yeay!

Sp that's it - I'm now officially a former DFW nerd, no. 647!

D&DD

WooHoo we are finally here
Lightbulb moment Jan 2006 but it was flickering before I found the site just didn't know what to do about it!!

Debt at highest Over £36,000 :eek:

Pearls of wisdom Keep a spending diary definately and when you start off take your time!!! We all feel like motoring along at 100 miles an hour at the start but for most of us its a long haul...

It took us 6 months,rejigging our finances again and again before we settled on our grand plan ,then we had to stick to it.

This time we did and thanks to the support from so many of you all on here, at times when we didn't know which way to turn we finally made it

*I refuse to give up my nerd number tho* :rotfl:

beanielou

Fantastic D & DD

BuddyBonthenet

I've just discovered this thread and take my hat off to you all - I am truly impressed. :T

avstar

Lightbulb Moment - piddled around for a few years trying to deal with debts, finally woke up Aug 2005

Debts at Highest - £6,500 2 credit cards, flexiloan and overdraft

Pearls of Wisdom - do not carry credit cards around with you, I have just one now locked in the safe at home, truly for emergencies. Take a deep breath before buying anything new...do I really need it?

Check out my signature - I wanna shout it from the rooftops. Thank you MSE for changing my life.