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3.35pm on 22nd June we became debt free

2456

Comments

  • Shineyhappy
    Shineyhappy Posts: 1,931 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Congratulations!

    You should be very proud of yourself!

    I wonder how many DFWs go on to become MFWs when they pay off the last of the debts.
    Debt Free - done
    Mortgage Free - done
    Building up the pension pot
  • Crown
    Crown Posts: 1,377 Forumite
    LJD1 wrote: »
    It feels really strange because I don't really believe it. We're having friends round tonight so that will be a nice way to celebrate. If anything, I feel like spending money even less now as I don't want to get back in debt.

    Our next aim is to overpay on the mortgage so I guess we'll be throwing spare money at that now as it's quite big. We're not buying anything on credit again unless we have the cash to pay it off at the end of the month.

    Right, going to cancel my car insurance now, that'll save another £26 a month!

    Hi again, Make sure you get into the Mortgage Free Wannabe Forum now as it looks like you are ready for the next challange! Please make sure you stay around though as your one of those people who I remember seeing post for as long as Ive been a member ;)
    Official DFW Nerd Club - Member no. 297 - Proud To Be Dealing With My Debts :D
  • LJD1_2
    LJD1_2 Posts: 2,173 Forumite
    Muststop spending - this time round we've paid about £8000 in just over a year. We've done it by selling everything that we could including my car, stopping gym membership, doing a spending diary etc. We've paid off credit cards in the past only for them to mount up again as we were still overspending. This time round, and with the help of this site, we've learnt to budget and we never buy anything unless we've had a cooling off period first. I'm sure we're not going to be perfect but we're determined not to get in debt again.

    Crown - I certainly won't be leaving this site as it keeps me on the straight and narrow but it's nice to know i'm still wanted around! xx
    January budget
    Nothing left!
  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    Fab news and well done.

    Just make sure you stay that way!! Good luck with becoming a MFW :T
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • PigginSkint
    PigginSkint Posts: 2,706 Forumite
    Part of the Furniture Combo Breaker
    Congratulations!!
    PigginSkint's debt free diary
    DFW Nerd 1049 Amazon Sellers Club member 54
    Total mortgage debt: 30/4/17 £14090.77 (Last payment: September 2021)
    LTSB Loan 30/4/17 £6633.71 (reduction by 48%)
    Total credit cards: 30/4/17 £25971.91 :eek:
    Total non-mortgage debt: 30/4/17 £32876.49 :eek:
  • Eupho
    Eupho Posts: 1,259 Forumite
    LJD1 wrote: »
    We've just paid off the last credit card. It feels very strange but then I guess it'll take a while to sink in. I had to run to the bank before it shut as my other half had the car. It's going to take a bit of getting used to not just having a car to jump into but I didn't use it that much and at least i'll get fitter.

    Thanks for everyone's support on here xx

    WOOOHOOOO!!! Brilliant! Well done!!! :j:beer:
    Very proud of trying to deal with my debts. LBM 04/09
    :T
    [STRIKE]£34.217[/STRIKE] ~ 05/09. £33.817~ 06/09
    to [STRIKE]13 [/STRIKE] 12 creditors. Doing my own DMP. :dance:
    DMP mutual support member 309. NSD 12/12
  • Burlesque_Babe
    Burlesque_Babe Posts: 17,547 Forumite
    Part of the Furniture Photogenic Combo Breaker
    Congratulations!!!! I got to where you are now about 6 months ago and it still feels a bit weird.

    Come on over to the mortgage free board and get yourself a Mortgage Free Challenge number!!!!
    :D"Stay Wonky":D

    :j:jBecome Mrs Pepe 9 October 2012 :j:j
  • southwester_2
    southwester_2 Posts: 639 Forumite
    WELL DONE - CONGRATULATIONS
    22/07/07 Debt - Tesco 17644 (6.1%) - Now 10500
    hsbc - 2000 - now 0 (12.9%) :T
    Halifax - 3500 now o(0%) :T
    Barclays - 1500 - now 0 (5.5%) :T
    ==================================
    Cleared 6th July 2010
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    CONGRATS to you hunny!!! thats fantastic :T
    :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:
  • spud30
    spud30 Posts: 16,872 Forumite
    Wow, well done LJD, it must feel amazing :beer:
    Is it better to aim for the stars and hit a tree or aim for a tree and land in its branches :think:
    Loves being a Wonderbra friend :kisses3:
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