Will you do debt again????

Sassers

cempabunny wrote:

I'd rather skin my shins with a housebrick than run up my debts again...;)

:rotfl: Ooh that made me laugh!

cempabunny

Sassers wrote:

:rotfl: Ooh that made me laugh!

I think you need a sense of humour to get through all that life throws at you

pms

I learnt my lesson the hard way.

Being bailed out by my parents with credit cards then consolidating into a loan after running the cards up again not once but 3 times, then not being able to keep up with payments and entering into a trust deed made my lightbulb come on full glow!

I have been without credit cards for over a year now and am managing fine without them. I don't think I will ever have a credit card again. The only debt I want in the future is a mortgage.

cathybird

Snaggles wrote:

That IS a sobering thought sassers! I bet if we all worked out what we have spent on debt repayments, interest etc over the years, we would be shocked at what else we could have done with the money!

I just DON'T want to think about this at all!!!!!! :eek: :rotfl:

For me, never again - not consumer debt. I'll certainly absolutely 100 per cent never have a credit card again, or a loan. I want savings in the bank, enough to cover emergencies etc. That's the goal after I clear the debt.

iceicebaby

Well I have been debt free since April, and it took me years to pay it all off. Only debt I have now is my mortgage. I have enough coming in to cover my outgoings. plus a bit "spare" to save in case of emergencies.

However, I have found it hard to resist the debt again. Its really easy to think Oh well I will have that on finance or get a loan etc. and as you have no debt it kind of makes it seem ok as after all that 1 loan is not as bad as the mess you were in before. But we all know 1 loan will run to a credit card which will run to a store card and then you are in a mess again.

This time of year doesnt help either, the spend spend mentality. I have so far resisted though. I think after Christmas I will find it easier.

but yes it is hard to resist, but I just think of all the misery I went through and that stops me!

georgiasmum

Amazing responses to this thread. I am scarred for life from debt....

raq

lot of people like this around. I know someone who had £180.00 bank charges in one week, arrears on their rent, and borrowed £1,000 from provident and yet he's moaning all the time. I know it's hard for everyone at the moment but you just don't go back out and build up more...

Brassic

Never never never again

Lakelady_2

We`ve had debts in the past but have them again - no way! But then again who knows what the future will bring, our debts in the past were just so we could live.
The way I look at it we can`t afford debt and I`m very happy about that!

michael1983l

once im clear of all current debt i will never have debt again apart from a mortgage. I will use a credit card but i am now disciplined enough to pay off the balance each month.