Debt free day has arrived!

Megatimbo · 26 April 2014 at 1:26PM

Hello andy40 i also wish to congratulate you for being debt free, i am free in that for the first time in decades i am credit card debt free

No more monthly due by dates to worry about

The difference already is amazing i love the statements that say £0.00p.

I have now started saving for my emergency fund

Regards M

Determined_diva · 26 April 2014 at 1:28PM

Massive congratulations to you - you must be over the moon!

DDx

financialdisease · 26 April 2014 at 1:38PM

Congratulations Andy

what s fantastic achievement

Megatimbo · 26 April 2014 at 1:55PM

Hello Bublin1, I see in your sig that you are a Dave Ramsey Fan ,so am i

although i didn't follow his advice to get an emergency fund going straight away , i wanted to concentrate on getting my debts paid off asap.

The credit cards have now all gone so i`m on my way to building up that fund

this was just my preferred way of doing things for the ultimate result,the snow ball effect is a good method ,but i went further and concentrated on the highest credit card APR first.

I first discovered Dave on the whats the cost website as he was mentioned about paying down debts in lowest to highest regardless of interest rates .

I have seen the Financial peace University on youtube ,but cant say i am into cars that much

regards M

andersonsophie_89 · 26 April 2014 at 5:47PM

Congratulations. Big well done. We just need more and more people to be like you in this country and we will be able to work back up to being a rich country.