The Debt Free Roll Of Honour

saorsie

determined_new_ms wrote: »

Debt-Free Date 25.10.10 (today )

That's fantastic determined - well done you :T

-s-

Pott5y

LBM: October 2004

Debts at their highest: £74,000

Debt Free Date: 28th October 2010

One pearl of Wisdom: Don't ever think you are on your own... As soon as you realise the help and support there is available life with debt becomes so much easier. and finally....

MSE is Great :beer:

Mozette

I have just paid off my last bit of (non mortgage) debt.

a. The date of your lightbulb moment
as I joined MSE Feb 2007, I think it must have been the end of 2006 when I realised I needed to do something...

b. Debts at their highest
I don't know - getting on for £30,000, I'm guessing. I paid some off before I added it all up.

c. Debt-Free Date
Today!

d. Your one pearl of wisdom.
Mr Micawber was right all along...

e. And if you had a debt diary on DFW, a link to it
I don't have one. But I will always keep a spending diary now and in future. Essential! That'll do for a 2nd pearl of wisdom!

Jacks_xxx

I'm thrilled to bits for you Mozette. Well done! :dance:

Darth_chaffinch

a. The date of your lightbulb moment: ~July 2005
b. Debts at their highest: ~£25000
c. Debt-Free Date: September 2010
d. Your one perl of wisdom: get a veg box and use bbc.co.uk/food recipe finder for cheap eating

Thanks Martin. :A

bluejeans53

Fabulous News you have done well on a long journey :T:j:beer:

That also goes to all who are on this list. Well done, soooo happy for you all :money:.

whybother?

a. The date of your lightbulb moment
- September 2002; after 3 months of being hit by £200+ a month overdraft charges and spiralling Credit Card interest that I couldn't keep up with...bite the bullet time!

b. Debts at their highest
About £28k...and couldn't see it falling

c. Debt-Free Date
June 2008

d. Your one pearl of wisdom.
I know we were asked for one but I'm afraid I'll have to break the rules and give a few:

- Stay positive...you will get there in the end

- Give yourself short-term goals. Raking up a large debt and knowing that it is going to take 6-8+ years to pay off WILL drag you down. Instead, concentrate on the repayment life of one, smaller, shorter term debt. As you cross that one off as paid off, concentrate on the next...knowing that you are crossing off debt-after-debt rather than the big picture will help you remain positive

- A problem shared...I felt that I could do it all alone but it dragged me down. I was embarrassed at the mess I had got myself into but I probably would've had a breakdown if I hadn't told someone where I was at. In the end, I told the 2 people I was most frightened of telling...my parents! I felt that I had let them down but they were very supportive...even if they couldn't help me financially themselves. You need that level of emotional support to get you through it

- Concentrate on YOU and not what everyone else has/has not. People around you may well be spending like there is no tomorrow but that's what got me into that mess. You soon learn that the majority of those around you are funding themselves on credit...

mummum2

Well done to all you DF'er, inspirational and thanks for sharing. Here's :beer: to you all.

MM2

Purpleroses

The date of your lightbulb moment

December 2006

Debts at their highest

£15,250.33

Debt-Free Date

20th November 2010

Your one perl of wisdom.

Crikey i'm not sure. It can be so overwhelming at the beginning but setting small goals and working on one debt at a time breaks it down.

And also know you're not the only one going through this, so keep posting on here and you'll get there one day

And if you had a debt diary on DFW, a link to it

I didn't have one, I consider the £10 a day challenge 'home' and it's been the main reason i've been able to pay off my debt! The PAD challenge rocks too

mooomin

My lightbulb moment came in November 2008.

My debts were £9,112.63 at their highest mainly due to bad budgeting and putting emergencies on credit cards/consolidation loans.

My debt free date is TODAY!!!!! 2nd December 2010

My pearl of wisdoms are many. Post on the DFW boards, the people there are amazing. Do a SOA, it helps you figure out where you can save money to repay the Evil Debts.

My main tip? Join the Payment A Day Thread. If I hadn't joined it I would still be in debt. You can find it in the Debt-Free Diaries section.

Here's my latest diary

I'd like to say thank you so much to everyone who has helped me along the way, there have been too many to count! I have made some amazing online friends and many of them I'm now thrilled to have met IRL as well.

I'm debt-free, whirroooooooo!!!!!!