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Are you Britain's Best Debt Dieter? £500 to the champion

Former_MSE_Archna
Former_MSE_Archna Posts: 1,903 Forumite
500 Posts
in Debt-free wannabe
Are you Britain's Best Debt Dieter?
Have you radically reduced your debts over the last year? I want to crown the MoneySavingExpert.com champion - £500 for the winner.

If you've budgeted until your blue in the face, eBayed your prized collection of vintage records or clawed back the cash to pay off debt in some other way this is the competition for you. I want to hear all the info. How have you paid it back? What kept you motivated? And what your top debt dieting tips are. Plus there'll be £500 up for grabs for the winner to help further reduce the debt.

Details of how to enter here
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Comments

  • oscar52
    oscar52 Posts: 2,272 Forumite
    One question.

    How is this judged - for example, I could say I had HALVED my debt, how would all this be verified?
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • MSE_Martin
    MSE_Martin Posts: 8,272 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    By me

    And we will take all entrants at face value - but will check ask the winners for proof before the results are announced.

    Martin :)
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • tesuhoha
    tesuhoha Posts: 17,971 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    I think Mrs Sparkle's paid an awful lot off her debts.
    The forest would be very silent if no birds sang except for the birds that sang the best






  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    Lynzpower and Jamiedodger for me.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Oh not me, I did the easy thing and flogged something expensive ( my flat)

    Jamie, or Immoral angel spring to mind for me, they have very little, but make amazing strides. Saying that there may be others.
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • heather38
    heather38 Posts: 1,741 Forumite
    oakdale-minx for me
  • oscar52
    oscar52 Posts: 2,272 Forumite
    MSE_Martin wrote:
    By me

    And we will take all entrants at face value - but will check ask the winners for proof before the results are announced.

    Martin :)

    An answer from The Boss - I'm privileged!

    I've reduced mine by 97.5% - honest :whistle:
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • Snaggles
    Snaggles Posts: 19,503 Forumite
    Yes, I would vote for Immoral Angel too, she's paid off an amazing amount on a low income whilst heavily pregnant (I hope she wont mind me saying that!).
    "I wasn't wrong, I just wasn't right enough."
    :smileyhea
    9780007258925
  • savvykaz
    savvykaz Posts: 890 Forumite
    I_A would get my vote too.
    Without wanting to sound patronising:o I feel she has achieved a lot on one quite average income AND had two babies in two years - no mean feat ;)
    DMP starts June 2012, £38,180.

    Balance June 2015 £26,046 (paid off 32%)

    DMP mutual support thread no 434
  • jessicamb
    jessicamb Posts: 10,446 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I'll put in a vote for the boys - James240 and Southern Scouser have been very determined to get their debts down - and they certainly seem to be paying huge chunks off.
    The early bird gets the worm but the second mouse gets the cheese :cool:
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