The Debt Free Roll Of Honour

Milly-Ann-Molly

I made it DEBT FREE...and after a month of no computer I have even been able to purchase a new laptop (for CASH!)...I used Quidco too so even made some money on the purchase...things are looking up and 2012-2015 are my house savings months...I do not want a huge mortgage but do want a HUGE house

a. The date of your lightbulb moment...02/08/2010
b. Debts at their highest...£25500
c. Debt-Free Date...01/12/2011
d. Your one perl of wisdom...use the threads on here and the great support provided. Try to make £5 a day then pay off something with it.

:T:T:T

THANKS everyone on the forums for the help. After a month of splurge, new beds for the kids, new washing machine and dryer etc We are back on track to frugal living and hard saving. Fingers Crossed for 2012. :j

gothrockchic1

CatherineMM wrote: »

I made it DEBT FREE...and after a month of no computer I have even been able to purchase a new laptop (for CASH!)...I used Quidco too so even made some money on the purchase...things are looking up and 2012-2015 are my house savings months...I do not want a huge mortgage but do want a HUGE house

a. The date of your lightbulb moment...02/08/2010
b. Debts at their highest...£25500
c. Debt-Free Date...01/12/2011
d. Your one perl of wisdom...use the threads on here and the great support provided. Try to make £5 a day then pay off something with it.

:T:T:T

THANKS everyone on the forums for the help. After a month of splurge, new beds for the kids, new washing machine and dryer etc We are back on track to frugal living and hard saving. Fingers Crossed for 2012. :j

Congratulations on our new found Debt Free-ness :beer:

girlatplay

Lightbulb moment: January 2007

Debts at highest: £12500 (this was a single loan - I had credit cards, store cards, catalogue accounts and an overdraft as well. I didn't realise it was my lightbulb moment and so I can't remember the totals for everything. I didn't find MSE until the following year).

Debt-Free Date: 1st December 2011

Pearl of wisdom: Join the PAD thread. Budget and stick to it. Make up a spreadsheet to keep track of your money. Go without stuff that is not necessary. Above all else, hard work and determination is the key. NEVER GIVE UP.

Gap

Hovel_lady

girlatplay wrote: »

Lightbulb moment: January 2007

Debts at highest: £12500 (this was a single loan - I had credit cards, store cards, catalogue accounts and an overdraft as well. I didn't realise it was my lightbulb moment and so I can't remember the totals for everything. I didn't find MSE until the following year).

Debt-Free Date: 1st December 2012

Pearl of wisdom: Join the PAD thread. Budget and stick to it. Make up a spreadsheet to keep track of your money. Go without stuff that is not necessary. Above all else, hard work and determination is the key. NEVER GIVE UP.

Gap

Congratulations :T
Well done you x

gothrockchic1

moments_of_sanity wrote: »

Lightbulb moment - when we could no longer afford to pay the bills or have money for food!

Debts at highest £32,479 (I still whince when I see that figure)

Debt Free Date Today!

Pearl of Wisdom - learn to budget properly and watch every penny you spend, you will be surprised where it goes.

I know we were very fortunate to be able to pay this off, although it has meant the very sad loss of my MIL. We sold her property and it completed today so it is with very much love and thanks to the wonderful lady who made this all possible. Love you and miss you very much MIL xxx

Never again will I have credit cards or debt!

Congratulations!!! :beer:

gothrockchic1

girlatplay wrote: »

Lightbulb moment: January 2007

Debts at highest: £12500 (this was a single loan - I had credit cards, store cards, catalogue accounts and an overdraft as well. I didn't realise it was my lightbulb moment and so I can't remember the totals for everything. I didn't find MSE until the following year).

Debt-Free Date: 1st December 2011

Pearl of wisdom: Join the PAD thread. Budget and stick to it. Make up a spreadsheet to keep track of your money. Go without stuff that is not necessary. Above all else, hard work and determination is the key. NEVER GIVE UP.

Gap

Well Done :beer:

sparky0107

Lightbulb moment: December 2009, although I did fall off the wagon due to cut backs in work and dropping to single shift working, which threw the budget out of the window

Debts at highest: £18000, credit card debt managed to scrape this down to £9492.02 up to July 2011, when luckily work picked up

Debt-Free Date: 20th January 2012

Pearl of wisdom: Joined SPC in it's second year, got some great tips off people regarding, snowballing, which told me in July 2011, I would be debt free in 36 months (July 2014). Also quidco has been a god send along with consumerpulse & some of the survey sites. Also the advice to check your bank accounts every day, I've not paid a single bank charge since joining the MSE site, so Thank You Martin for setting it up. Also a great big Thank You to everyone who contributes to this site with their wisdom and help, I couldn't have done it without you.

Luck enough for me, work started booming & I've done 12 hour days 7 days a week for the last 6 months (had about 21 days off in that time) so the overtime has helped me to pay off all my debt, I've also booked a week in New York for the end of February, paid cash! Where I'm going to tell my lovely wife that we are debt free.

So once again. Thank You one and all for the help & support.

AlyBaly

girlatplay Well done what an achievement , it shows it can be done. CONGRATULATIONS

sparky0107 What a great story

I've also booked a week in New York for the end of February, paid cash! Where I'm going to tell my lovely wife that we are debt free.

What a great way to break the news !

Congratulations x

I will be posting in here soon, just waiting on the final discharge letter although everything is paid off . Don't want to jinx it so not posting in here until it is official !

Hovel_lady

sparky0107 wrote: »

Lightbulb moment: December 2009, although I did fall off the wagon due to cut backs in work and dropping to single shift working, which threw the budget out of the window

Debts at highest: £18000, credit card debt managed to scrape this down to £9492.02 up to July 2011, when luckily work picked up

Debt-Free Date: 20th January 2012

Pearl of wisdom: Joined SPC in it's second year, got some great tips off people regarding, snowballing, which told me in July 2011, I would be debt free in 36 months (July 2014). Also quidco has been a god send along with consumerpulse & some of the survey sites. Also the advice to check your bank accounts every day, I've not paid a single bank charge since joining the MSE site, so Thank You Martin for setting it up. Also a great big Thank You to everyone who contributes to this site with their wisdom and help, I couldn't have done it without you.

Luck enough for me, work started booming & I've done 12 hour days 7 days a week for the last 6 months (had about 21 days off in that time) so the overtime has helped me to pay off all my debt, I've also booked a week in New York for the end of February, paid cash! Where I'm going to tell my lovely wife that we are debt free.

So once again. Thank You one and all for the help & support.

Congratulations :T
Have a fab holiday

Hovel_lady

AlyBaly wrote: »

I will be posting in here soon, just waiting on the final discharge letter although everything is paid off . Don't want to jinx it so not posting in here until it is official !

Look forward to seeing your name here