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Taking care of my pennies...

So here goes another diary...

How we started off with a debt figure of over £58k, I'll save that story for another day. 5 years later and we are down to around £15k. I say around, because as you can tell, my focus has gone.

Time to get it back again and kick the backside of this debt for good. Life has changed for us a lot since 2008 with our income reducing to a third of what is was.

However, life is good and it goes to show you don't need money to make you happy. So time to start pick, pick, picking away at the debt.

Would love some support...
DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)

Comments

  • kittiej
    kittiej Posts: 2,564 Forumite
    Part of the Furniture Combo Breaker
    Hey dfod :j

    You've made good progress getting the debt down from nearly £60k!

    You can kick the final bit into touch :T

    What's your strategy?
    Karma - the consequences of ones acts."It's OK to falter otherwise how will you know what success feels like?"1 debt v 100 days £2000
  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    good luck on the home straight xxx
    xx rip dad... we had our ups and downs but we’re always be family xx
  • debtfreeoneday
    debtfreeoneday Posts: 5,038 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Thank you both..

    No strategy as such at the mo. we have the remaining £12,643. ( worked it out now) on a loan and will make the monthly payments but build up an extra pot to hopefully pay it off early.
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Julie67
    Julie67 Posts: 2,362 Forumite
    1,000 Posts Combo Breaker
    Good luck, look forward to hearing how you got this far,move subscribed.
    Started Self Managed DMP 10th May 2017.
    Working hard to get rid of our debt.
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