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Made it - debt free at last!!!!
greenfingers10
Posts: 19 Forumite
Hello All
Well today was the day, hit the enter button on PC this morning to send Payplan my last ever monthly payment on my DMP.:j I'm still in shock really - I can't believe the last 3 and half years have gone by so fast. LBM was May 2007 - owing about 23K to 10 creditors, total repaid around 26K - not all of them stopped the interest. What a journey, as I got towards the last few months, things just seemed to get harder, OH was laid off, then made redundant on New Years Day! (not a huge payout as he'd only been there 2 years but it helped). It seemed for a while that the end would never come. More job losses with my employer (local authority) and I began to doubt we would ever get to the end of this DMP. But we have, and I must say that Payplan have been great throughout. When I think back to the night I first told OH about the debts, how guilty and ashamed I felt for letting us get into this mess. And now - it's like life has started again. Had a bad health scare recently so have also stopped smoking 10 days ago - using patches at the moment and it's hard but determined to keep going, so extra funds available from quitting the cigs! So plans for the future - build up an emergency fund to cover 3 months running costs for the home, nice second hand car for OH, driving lessons for me and that's it so far, any suggestions? So keep going guys, this forum is the absolute best, I love it, it has been such an inspiration and I hope I'll have the confidence now to stick around and maybe help other folk starting out on their debt free journeys.
Well today was the day, hit the enter button on PC this morning to send Payplan my last ever monthly payment on my DMP.:j I'm still in shock really - I can't believe the last 3 and half years have gone by so fast. LBM was May 2007 - owing about 23K to 10 creditors, total repaid around 26K - not all of them stopped the interest. What a journey, as I got towards the last few months, things just seemed to get harder, OH was laid off, then made redundant on New Years Day! (not a huge payout as he'd only been there 2 years but it helped). It seemed for a while that the end would never come. More job losses with my employer (local authority) and I began to doubt we would ever get to the end of this DMP. But we have, and I must say that Payplan have been great throughout. When I think back to the night I first told OH about the debts, how guilty and ashamed I felt for letting us get into this mess. And now - it's like life has started again. Had a bad health scare recently so have also stopped smoking 10 days ago - using patches at the moment and it's hard but determined to keep going, so extra funds available from quitting the cigs! So plans for the future - build up an emergency fund to cover 3 months running costs for the home, nice second hand car for OH, driving lessons for me and that's it so far, any suggestions? So keep going guys, this forum is the absolute best, I love it, it has been such an inspiration and I hope I'll have the confidence now to stick around and maybe help other folk starting out on their debt free journeys.
Finally debt free - August 2010
Thankyou Payplan and DFW forum. Total debt repaid: £24,453. Still debt free and planning to stay that way!:j
Thankyou Payplan and DFW forum. Total debt repaid: £24,453. Still debt free and planning to stay that way!:j
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Comments
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Congratulations :TTry to be a rainbow in someone's cloud.0
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Fantastic news, well done you :j
Yes, do stick around. I'm new on here and hearing other people's stories and knowing it's possible to be debt free is really really helpful.
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:j Congratulations, great news. Well done you! :j*Official DFW Nerd #1368 - Proud to be dealing with my debts*
*Debts at LBM (11 Jan 2011): -£16400.62* Currently: -5948.68 (64% paid )*4 CC and 3 OD*
Current DFD: [STRIKE]Oct 2012[/STRIKE] May 2012 :eek:0 -
woo hoo!!! thats amazing, well done you :beer:LBM - JULY 2008 - Wage cut followed by redundancy made me realise how much i was living beyond my means.Debt in July 2008 = £30,049.59 / Debt today = £20,173.82 / Total paid off = £9,875.77 (32.86%)
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WELL DONE. Fantastic!0
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Well done xx8 years of being on a DMP finished 3/3/140
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You should be so proud of yourself and OH
WELL DONE :j0 -
Great news for you :jI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Well done, greenfingers, that's fantastic news. Really pleased for you:j:j:j:j:j:j
Don't forget to post on the debt free roll of honour - get your name up in lights:D:D
And PS: Well done for giving up smoking!! The time you enjoy wasting is not wasted time
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Congratulations :j0
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