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Mr and Mrs K's New Journey to a Debt Free Life.

1394395397399400450

Comments

  • AlexLK
    AlexLK Posts: 6,125 Forumite
    Debt-free and Proud!
    Monday 6th October, 2014.

    Dear Diary,

    I have failed to report my daily financial news, or lately even give a weekly report. However, I will be debt free come the first week in December after allowing myself a business dividend due to meeting my yearly target early.

    Doubt anyone wishes to hear any other news from me but thought it would be apt to update.

    Yours Faithfully,
    Alex.
    2018 totals:
    Savings £11,200
    Mortgage Overpayments £5,500
  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    dont be daft that is brilliant news, youve come full circle, and worked hard to get there xx
    xx rip dad... we had our ups and downs but we’re always be family xx
  • I'm still confused how you got the total so low in the first place! But does that mean your business is going well and doing better than your target. Does that mean it's only taken you a year to pay all that off.

    Congratulations :T:T:T
  • AlexLK
    AlexLK Posts: 6,125 Forumite
    Debt-free and Proud!
    mum2one wrote: »
    dont be daft that is brilliant news, youve come full circle, and worked hard to get there xx

    Thank you. I hope you and your family are well.
    bess1234 wrote: »
    I'm still confused how you got the total so low in the first place! But does that mean your business is going well and doing better than your target. Does that mean it's only taken you a year to pay all that off.

    Congratulations :T:T:T

    Thank you.

    I had two debts that I only paid around 50% back due to having full and final settlements accepted. I do not recall the exact percentage / amount paid but it is probably documented in here somewhere. I paid them by selling a few possessions.

    Business is doing OK, though I'm over target mainly due to other income. I started in September last year, by the time the money is actually paid it will have taken a year and three months. However, I've not really done this the hard way, not really an achievement.
    2018 totals:
    Savings £11,200
    Mortgage Overpayments £5,500
  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    Were getting there, at least have dad home, and hes on course to starting chemo, we still dont know whether its secondary, should know by Christmas.
    Taking it one day at a time.

    Hope everyone ok xx
    xx rip dad... we had our ups and downs but we’re always be family xx
  • dawnybabes
    dawnybabes Posts: 3,500 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    However you've done it it's an achievement, stop putting yourself down :-)
    Sealed pot challenge 822

    Jan - £176.66 :j
  • maddiemay
    maddiemay Posts: 5,137 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Great news Alex, well done. Hope that you and the family are O.K.
    The best thing about the future is that it comes one day at a time. (Abraham Lincoln)
  • maman
    maman Posts: 29,959 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AlexLK wrote: »
    Monday 6th October, 2014.

    Dear Diary,

    I have failed to report my daily financial news, or lately even give a weekly report. However, I will be debt free come the first week in December after allowing myself a business dividend due to meeting my yearly target early.

    Doubt anyone wishes to hear any other news from me but thought it would be apt to update.

    Yours Faithfully,
    Alex.


    Only you could pay off debts of £32 000+ and not count it as an achievement.:mad:


    And we're all ears for any other news!


    Many congratulations anyhow.:A
  • Mara_uk7
    Mara_uk7 Posts: 1,219 Forumite
    Seventh Anniversary Debt-free and Proud!
    Well done Alex, great achievement, however you did it .. You still did it !
    Its just a bad day, Not a bad life .. :cool:
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    I am glad that you are on target to be debt free by the end of the year. Congratulations. Then you can enjoy the fruits of your labours - within budget of course :)
    I want a job that is less than an hour driving away from my house! Are you listening universe?
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