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I found this site waaaay too late
smiler26
Posts: 37 Forumite
Hi all,
Just wanted to say what a great site this is.
3 years ago, I found myself in about 15,000 debt (at 23 years old). Was in a right mess because of it, was very depressed, down because I was lying to friends and family about it. My parents questioned me countless times about what was wrong, but I denied all.
Until the lightbulb moment, which in fact was forced upon me. Eventually gave in, and explained all. luckily my parents were in a position to help me out and paid back some debts for me. Obviously I have to pay them back every penny, but it saved a lot in interest etc. the last 6 years have been !!!!!! due to worrying about money, debt, paying back etc, and I wouldn't wish it on my worst enemy.
However, I've budgeted tightly. Iearn about 2100 per month. Paying back my parents 1050 every month, then 60 for my phone, 50 for petrol, 100 for car expenses i.e. tax insurance servicing. Have been living at home for the last 3 years (eek).
On 28th of February this year, I plan to be debt free. Still have 3 payments to make but I paid 1.5 times my usual monthly payment today and planning to do the same on 28th of February.
Soooo I'm expecting this month to be really tough. But, I am determined. Got 8 mystery shops lined up and gonna see about maybe getting a pert time job etc.
Anyways, my advice to anyone is to confront debts as soon as possible. I spent faaar too long denying it (i even left the country to avoid bills at one stage) and try and tackel it. every one knows it's no fun at all dreading any phone call or letter arriving. It IS do-able. Although lots of people don't have parents etc to fall back on, there are lots of services out there to help.
Best of luck to everyone, I'm planning to stay on this site for a long time yet, hopefully might be able to give a bit of encouragement/support to others going through this horrible experience, but want to re-assure everyone that it is possible to come out the other side smiling!
x
33 days to go!!!!!!!!!!!!!!!!!!
Just wanted to say what a great site this is.
3 years ago, I found myself in about 15,000 debt (at 23 years old). Was in a right mess because of it, was very depressed, down because I was lying to friends and family about it. My parents questioned me countless times about what was wrong, but I denied all.
Until the lightbulb moment, which in fact was forced upon me. Eventually gave in, and explained all. luckily my parents were in a position to help me out and paid back some debts for me. Obviously I have to pay them back every penny, but it saved a lot in interest etc. the last 6 years have been !!!!!! due to worrying about money, debt, paying back etc, and I wouldn't wish it on my worst enemy.
However, I've budgeted tightly. Iearn about 2100 per month. Paying back my parents 1050 every month, then 60 for my phone, 50 for petrol, 100 for car expenses i.e. tax insurance servicing. Have been living at home for the last 3 years (eek).
On 28th of February this year, I plan to be debt free. Still have 3 payments to make but I paid 1.5 times my usual monthly payment today and planning to do the same on 28th of February.
Soooo I'm expecting this month to be really tough. But, I am determined. Got 8 mystery shops lined up and gonna see about maybe getting a pert time job etc.
Anyways, my advice to anyone is to confront debts as soon as possible. I spent faaar too long denying it (i even left the country to avoid bills at one stage) and try and tackel it. every one knows it's no fun at all dreading any phone call or letter arriving. It IS do-able. Although lots of people don't have parents etc to fall back on, there are lots of services out there to help.
Best of luck to everyone, I'm planning to stay on this site for a long time yet, hopefully might be able to give a bit of encouragement/support to others going through this horrible experience, but want to re-assure everyone that it is possible to come out the other side smiling!
x
33 days to go!!!!!!!!!!!!!!!!!!
0
Comments
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Great post smiler, well done, won't be long now and you will be debt free :T0
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Well done.
Being debt-free is a wonderful feeling. And once you are, you can post on the Debt-Free Roll of Honour thread too!
I'm still overjoyed about it and it was 2 months ago. And this time I'm not ever, ever, ever getting back into debt!Retired in 2015.
Moved to Ireland September 20170 -
Well Done And Get Debt Free As Soon As Possible0
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That's incredible...well done for coming so far!
I hope you don't mind me asking, but at 23 how did you manage to accrue that level of debt? I can't even begin to imagine how it must feel having all that debt on your shoulders at such a young age.0 -
Sorry, I mis-read your post as £150,000 debt, not £15k!! :eek: Think I need to get my eyes tested.
Still a brilliant achievement though!
Catseyez x0 -
Well done smiler
The clever thing now would be to continue to apply the DF principles and save £1000 per month so the next major purchase (car, holiday etc) is cash and you can haggle the prices down.
Well done and enjoy your victory!!0 -
Catseyez wrote:Sorry, I mis-read your post as £150,000 debt, not £15k!! :eek: Think I need to get my eyes tested.
Still a brilliant achievement though!
Catseyez x
:rotfl:
Well done! What are you going to spend your OWN money on when the debt is cleared?Proud to be dealing with our debts - We WANT to be debt free DEC 09 :rolleyes:
Grocery challenge: £230 / £230 left0
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