We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

What will you do when your debts are gone?

123468

Comments

  • I'm most looking forward to taking things to the charity shop if I need to declutter, instead of sticking them on eBay because I need the money. Being able to throw something out and not feel guilty about how much it cost in the first place will feel lovely.

    That, and getting my cinema card back. :rolleyes:

    Easily pleased, me!
    I joined the 21k debt free in 2 years head to head challenge 12 December 06
    Started at £20,170.01 December 06
    Currently...£4,687.21
  • hbl_2
    hbl_2 Posts: 391 Forumite
    I am going to buy a new wardrobe. Years ago I thought all my uni friends learned how to dress overnight. Turned out they were just earning enough money to buy clothes. I've been out of uni now for 18 months and I'm still in the same tattered garbage.
    Student Loan Company Ltd: 17,805 (2.8%) Overdraft: 500 (Interest free)
    Savings: £5,100
    - Target by end of 2008 £5,000+
    Net Worth
    1/7/06: -£32,698 -- Net Worth 25/8/08: -£13,350.
  • By the time Im debt free my kids will be grown up and "probably" have left home, so I will:

    Give some money to CCCS
    Give some money to charity
    Sell the house & buy a wee flat
    Retire!
    Travel
    Travel some more:j

    (and NEVER use credit again!)
    Proud to be dealing with my debts :j
    Debt free date now [strike]Nov 2020[/strike] [strike]Oct 2017[/strike] [STRIKE]Aug 2016[/STRIKE] May 2011 at present rate
  • piglet6
    piglet6 Posts: 1,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    First, I want to build up a savings account, so I know I have a safety net there if I ever need it. :D

    Then, I want to change jobs so I work a 9-5 (or 8-6!:p) job five days a week and don't have to be on call 24/7 because I am paid by the hour and can't afford not to pick up the phone (self-employed!), which will give me proper time to spend with family/friends, without worrying about the drop in income. :o

    Then, I'll be happy to just save up in advance for whatever I want (new car, holidays, home improvements, etc) - I'm not in any rush...just determind to pay for things going forward with money I already have. ;)

    Piglet

    P.S. Blimey, how boring do I sound...?! :rolleyes: I need to get out more!!!! :rotfl:
  • I'd like to be able to afford a ticket for T in the Park every summer. I nearly cried today when I read the line-up. Sad I know, but I sooooooo want to be there :cry:

    On the funny side... I'll have a purple rinse and a hearing aid by the time I clear my debts, so maybe I'd be just as happy with paying for my grandkids to go to it - if I can ever afford to have children first, that is! :rotfl:
    Member #4 of the DMP Mutual Support Club - DFW Nerd #335
    Debt at March 2007: £26,728.32
    Current debt: £0
  • skintas_2
    skintas_2 Posts: 1,679 Forumite
    i wan to clear my debt and put money towards and brick and water,sell up and getr as far as way from this country as poss
    i will be debt free, i will
  • jbbonce
    jbbonce Posts: 256 Forumite
    when i am debt free i will have a baby (will probably need some help with this from dh) try and get a mortgage and buy something decorative but pointless from John Lewis just because i can.
    :j Baby bonce was born on Christmas morning after a ridiculously short labour and no pain relief! If only losing the baby weight was as easy!:T
  • Sassers
    Sassers Posts: 1,303 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    When I am debt free I'll be having a long lie-down in a darkened room to recover!
    Six months after I have recovered and emerged blinking owl-like into the light, I'd like go to Cuba on a cheapie hot sunshine holiday for three weeks, smoke real cuban cigars and drink real cuban coffee while fishing in a bikini.
    Sorry - not everyone's cup of tea (or even coffee!!) but it's the dream I'm working towards. Even have a pic on my computer at work.
    When back from this, will then start chucking serious cash at the mortgage.
    Love Sassers xx
    Current debt and mortgage: £25, 820.35 Debt/Mortgage at start: £92,598 (27/09/2010)
    DEBT FREE!
  • matt4504
    matt4504 Posts: 230 Forumite
    Learn to drive... Pay into my pension... Save into a ISA.... And save to eventualy leave home.
  • tsharp
    tsharp Posts: 1,532 Forumite
    As of today, my credit card debt is history!

    (but my Halifax loan remains, but that's another story...)
    "I have enough money to last me the rest of my life, unless I buy something."
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.