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Good news & light at the end of the tunnel
Free_Mike
Posts: 24 Forumite
Hi All,
Just thought I'd post on this landmark occaision. . . . my debt's are now under £10k! Getting rid of the extra digit seems like a real big step and also makes finally paying this off seem manageable.
3 years ago my total debt was around £40k but by scrimping, saving, doing extra work and being generally smarter with money I can now see the light at the end of the tunnel. With luck I should be debt free by the end of this year:j
Just though my good news would help others currently working through thier own situations - it's hard work but can be done.
Cheers,
Mike.
Just thought I'd post on this landmark occaision. . . . my debt's are now under £10k! Getting rid of the extra digit seems like a real big step and also makes finally paying this off seem manageable.
3 years ago my total debt was around £40k but by scrimping, saving, doing extra work and being generally smarter with money I can now see the light at the end of the tunnel. With luck I should be debt free by the end of this year:j
Just though my good news would help others currently working through thier own situations - it's hard work but can be done.
Cheers,
Mike.
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Comments
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fantastic news for you.. and for me as I now know it is possible! thanks for the encourgement as I was having a bad day thinking I cant do this. your post has really cheered me up!0
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It's amazing how that little digit brings such a feeling of relief. Be proud of what you've done!0
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Well done Mike!:T
Thanks to MSE, I am mortgage free!0 -
:j :j :j :beer:
Well done! What an achievement! Thats a lot to get rid of in 3 years!
Catt xx0 -
Thanks, and best of luck to everyone else in thier debt free quests.0
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My debt is £43000 - about the same as yours was. I know I have a long road ahead and posts like yours do help me feel more positive.
Thank you and congratulations!LBM 1st Feb 07 Abbey 12900 Cahoot 7000 HSBC 5058.32 Mint 500 Mint 3500 [STRIKE]Friend 1500 [[/STRIKE]STRIKE][STRIKE]Abbey - 540 Barclays 900 [STRIKE]Student loan - 734 cleared 30/06/10[/STRIKE][/STRIKE][STRIKE][strike]HSBC CC - £602.74[/STRIKE] cleared 27/03/07 [strike]Abbey CC - £5055.64[/strike] Cleared 28/8/07 F&F £1770.00 [strike]Black Horse £738.56[/strike] cleared 19/02/07 [strike]MBNA £5104.88[/strike] Cleared 20/08/07 F&F £1605.000 -
Great news on sub £10k.I 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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.0 -
You must be really proud of your achievements so far - well done you!
DFW nerd no = 281 (graduate)0 -
That's fabulous news. Well done0
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Well done and thanks for inspiring me. I'm aiming for under £20k next month!Lightbulb moment 30/10/06Debt at highest (30/10/06) £24 816Debt on 06/01/09 £2500Bank Charges Reclaimed from NatWest £14000
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