Debt free

Harley47

Hi everyone - just a note to say that the real way to get out of debt is to really want it

Initially you have got to create a mental state of not spending, instead address your debt with any spare money and make it a long term approach.
Enjoy paying things off, it is actually fun.

I have spent the last 3 years living like a hermit, my total debt is now £1,032 reduced from over £16,000.

After household bills, food and transport my disposable income is now 50% of my total income.

No worries, no debt and cash at hand.

I know pay items such as council tax, car insurance, home insurance, tv licence in cash.

Life is Great!

Remember though i have made a lot of sacrifices over the last 3 years and continue to live very frugal.

You can do it - make a plan and stick to it, put yourself last and your creditors first, then create freedom.

Enjoy the journey and good luck.

Harley

mickett

What a lovely positive post thank you Harley.Often people think they will never be debt free but it can be done and your living proof.

Harley47

Cheers Mick, just wanted to say light at the end of the tunnel, BUT you have to want it, obviously i am talking from being in an employed position. If you are unfortunate enough to be unemployed or made redundant then it is a different scenario.

Pinksparkles26

Wow well done Harley thats amazing! :T I'm going strong too. I've paid off my two overdrafts amounting to £3000 in the past 8 months. I now have £800 loan, £3000 CC and £5,500 car loan. I know i should go for the CC next but i want to clear the £800 loan so i can say i only have one cc and one loan left. Your story is amazing at how much can be saved and taken off the debt. I just wish all the money i'm saving i don't have to give straight back to the bank but hopefully i'll be as strong as you are so in a couple of years time i'll be able to keep the money for myself and be debt free!

Hovel_lady

Well done :T and thanks for sharing.

peaceandfreedom

Harley47 wrote: »

Hi everyone - just a note to say that the real way to get out of debt is to really want it

Initially you have got to create a mental state of not spending, instead address your debt with any spare money and make it a long term approach.
Enjoy paying things off, it is actually fun.

[ .... snip more good stuff ]

You can do it - make a plan and stick to it, put yourself last and your creditors first, then create freedom.

Enjoy the journey and good luck.

Harley

Harley, thanks so much. This is exactly what I needed to hear now that my lightbulb has finally switched on properly after many years of ignoring the flickering.

Here's to a few years of frugal debt-repaying, hoping I can follow your example. Thanks for the positive inspiring post. :beer:

Debt_free_by_2012

Well done Harley, you're an inspiration. I've found the past eight months hard I don't know how you did it for three years. It is a great feeling seeing those numbers go down and knowing every day you are a step closer to a debt free life.

ixia

Well done!!!!

thechippy

......:beer:

TheTortoise

Brilliant! So inspiring - I'm hoping to be where you are in 2 years time

Magpie23

Cheers for the support :beer:

It is very difficult and we could have paid our debt off sooner but I always allowed 'stuff' to get in the way.

I agree that YOU have to want it for yourself. That's the key. It wasn't until I was faced with the thought of going through another Christmas and New Year being debt-ridden and continually putting life on hold that made me sign up here. Now, I've joined a couple of challenges and that's really helped me to focus. I actually believe in myself now and trust that I can do it.

A problem shared is a problem halved. Keep the inspirational stories coming in everybody. You all keep me going x x x