What are you most looking forward to doing once you're debt free?

Kate_fixing_it

I have big dreams - travel, buying a house, new cars, family holidays etc but after only 3 months in my DMP what I'm enjoying most is having a bank balance in the black. The thing that excites me most is the thought of that AND nothing owed.

The irony of having available money but there being nothing I want to buy now isn't lost on me! When I had none there were always things I needed/wanted and I'd buy it - hence the current situation.

Learning the difference between need and want has been my biggest lesson and the one I'm most grateful for.

For me it's not the actual doing things when I'm debt free that motivates me, it's the thought that I could if I wanted to.

Kate x

quidsy

One biggies for me too is security. As a self employed I make alot of money but I have zero savings to save us from destitution if I ever got sick or couldn't find work. I have stressed over this so much that I have decided to extend by df day and start putting 500 a month to a safety account. As much as I would love to be df sooner I have to protect my family too. So having no debt will be I can keep a 6 month float in case of emergency unemployment.

Kate_fixing_it

quidsy wrote: »

One biggies for me too is security. As a self employed I make alot of money but I have zero savings to save us from destitution if I ever got sick or couldn't find work. I have stressed over this so much that I have decided to extend by df day and start putting 500 a month to a safety account. As much as I would love to be df sooner I have to protect my family too. So having no debt will be I can keep a 6 month float in case of emergency unemployment.

Very wise! Life likes to throw us hurdles when we least expect it. The thought that one day these will be an annoyance rather than a disaster/crisis is a huge motivation for me.

Kate x

Swampy3k

Get another 2 mortgages woo!!

gemnomnom

moohound wrote: »

Not tragic at all, I think its lovely

Ditto this!

katy_ann

Getting married!!

DS4215

quidsy wrote: »

One biggies for me too is security. As a self employed I make alot of money but I have zero savings to save us from destitution if I ever got sick or couldn't find work. I have stressed over this so much that I have decided to extend by df day and start putting 500 a month to a safety account. As much as I would love to be df sooner I have to protect my family too. So having no debt will be I can keep a 6 month float in case of emergency unemployment.

A former colleague of mine was self-employed. He paid himself a year in arrears, so could quite happily spend a year unemployed if it came to it.

hohum

Saying GOODBYE to my current banking provider, who I'm with mostly because I owe them money. Over the years they've made mistakes on my accounts (giving me full access to a business account that I was third party signature on several years previously, for a company I no longer worked for...), applying charges causing me to be spiral into unauthorised overdraft, trying to sell me credit when I had no income, trying to sell me overpriced insurance by pretending it was 'an account check up', trying to sell me PPI when I would not have qualified for it should I have tried to claim, selling me a credit card when I was a full time student.

Closing the overdraft facility, and then shifting my main banking to a better provider.... It will be a good day and I truly can't wait until I no longer have to hand over any more money to them. The day that overdraft facility goes I am going to raise a glass of (on budget) prosecco and toast the end of our unwelcome relationship!

FuzzyDF

Just renting a tiny studio flat would make me extremely happy!

GingerFurball_2

For me it's all my paycheck being mine that I'm looking forward to, and therefore having the complete freedom to do what I want with my money, whether that's sticking £400 a month into savings or blowing it on something frivolous like a PS4.