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I've done it! Debt free in 4 years 10 months!
marksta
Posts: 33 Forumite
Had LBM in May 2009 and by the time the man from Christians Against Poverty had been and we'd signed on the dotted line to begin the debt management plan , we were just shy of £22,000 in debt.
It's been one of the hardest things we've ever had to do. I've been dragged through county court, lived on the meagerest of budgets (will never forget the days of eating a bag of microwave popcorn for tea because that's all I had in the house, work colleagues having to lend me oil for the car, and finding enough pennies on the pavement to buy a bottle of milk). We've battled illness, anxiety, noisy neighbours, problems at work and at home.
Now I am pleased to announce that we made the final payment at the start of March and at the end of this coming week we will get paid and not have to hand it over to a charity. We've made our budgets for the future and are going to stick to them (although we do plan to treat ourselves a little) No credit from now on. It's a life lesson hard earned - we're definitely not going there again.
Thank you to anyone who has offered me comfort, support and guidance on here
It's been one of the hardest things we've ever had to do. I've been dragged through county court, lived on the meagerest of budgets (will never forget the days of eating a bag of microwave popcorn for tea because that's all I had in the house, work colleagues having to lend me oil for the car, and finding enough pennies on the pavement to buy a bottle of milk). We've battled illness, anxiety, noisy neighbours, problems at work and at home.
Now I am pleased to announce that we made the final payment at the start of March and at the end of this coming week we will get paid and not have to hand it over to a charity. We've made our budgets for the future and are going to stick to them (although we do plan to treat ourselves a little) No credit from now on. It's a life lesson hard earned - we're definitely not going there again.
Thank you to anyone who has offered me comfort, support and guidance on here
LBM: May 2009: £21,896 in debt :eek:
Began DMP with Christians Against Poverty
Debt free: April 2014 :j:j
Began DMP with Christians Against Poverty
Debt free: April 2014 :j:j
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Comments
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Had LBM in May 2009 and by the time the man from Christians Against Poverty had been and we'd signed on the dotted line to begin the debt management plan , we were just shy of £22,000 in debt.
It's been one of the hardest things we've ever had to do. I've been dragged through county court, lived on the meagerest of budgets (will never forget the days of eating a bag of microwave popcorn for tea because that's all I had in the house, work colleagues having to lend me oil for the car, and finding enough pennies on the pavement to buy a bottle of milk). We've battled illness, anxiety, noisy neighbours, problems at work and at home.
Now I am pleased to announce that we made the final payment at the start of March and at the end of this coming week we will get paid and not have to hand it over to a charity. We've made our budgets for the future and are going to stick to them (although we do plan to treat ourselves a little) No credit from now on. It's a life lesson hard earned - we're definitely not going there again.
Thank you to anyone who has offered me comfort, support and guidance on here
A massive WELL DONE!!!!
I wish you and your family the best of luck in your debt free future! Everything in my life is a reflection of who I am-as within, so without.0 -
That's brilliant! huge congratulations. I love seeing these posts, it gives me the incentive to keep going :-)
xDebt [STRIKE]Mar16 - £10,401eek[/STRIKE]: Jan 18 £4601 Paid off so far £5800 pay off 18 £1625
Emergency Fund £100/£1000
OD1 - £550 OD 2 - £400 Def1 -£40
Def2 - £2976 CC -£500 TV £135 CR Apr 389 Dec - 4870 -
Many congratulations! You are an inspiration!!0
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Fantastic, reading stories like this inspires me to get to where myself and my young family need to be! Enjoy
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Great work well done you!
HBS x"I believe in ordinary acts of bravery, in the courage that drives one person to stand up for another."
"It's easy to know what you're against, quite another to know what you're for."
#Bremainer0 -
Brilliant news. Well done. Wishing you and your family all the best
xxOnly the Mortgage to go!!!0 -
Well done thats awesome!!!!! xxx Debt £30,823.48/£44,856.56 ~ 06/02/21 - 31.28% Paid OffMortgage (01/04/09 - 01/07/39)
£79,515.99/£104,409.00 (as of 05/02/21) ~ 23.84% Paid Off
Lloyds (M) - £1196.93/£1296.93 ~ Next - £2653.79/£2700.46 ~ Mobile - £296.70/£323.78
HSBC (H) -£5079.08/£5281.12 ~ HSBC (M) - £4512.19/£4714.23
Barclays (H) - £4427.32/£4629.36 ~ Barclays (M) - £4013.78/£4215.82
Halifax (H) - £4930.04/£5132.12 ~ Halifax (M) - £3708.65/£3911.20
Asda Savings - £0
POAMAYC 2021 #87 £1290.07 ~ 2020/£3669.48 ~ 2019/£10,615.18 ~ 2018/£13,912.57 ~ 2017/£10,380.18 ~ 2016/£7454.80
~ Emergency Savings: £0
My Debt Free Diary (Link)0 -
You may have learnt the hard way, but that is the best way because it means you know what it is like to plead poverty and you don't ever want to go there again. Well done you stuck to your plan and have come out the other side. xx:j I belong to Mike's Mob :j0
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Mega congrats!! I bet you're thrilled!
Well done! :jIt all takes time and time is money,
money talks and talk is cheap.
- David Ford0 -
heartbreak_star wrote: »Great work well done you!
HBS x
its a nice work way to go....0
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