We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Broke the £800k debt bar

boglehead
boglehead Posts: 168 Forumite
edited 25 August 2014 at 4:12PM in Mortgage-free wannabe
Still a massive mountain to climb, but should be in a position to start overpaying on the mortgage next year when I have cleared all other non mortgage related debt (still £30k ish).

Still thinking of setting myself a goal like 15years to get rid of it, let's wait a few more months to see what's do-able
Total Debt
12/2012 - £893k (mortgage and toys loans)
11/2019 - £556k (mortgage only)

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wish you luck. An old Chinese saying springs to mind.

    " A man who wishes to move a mountain starts by moving the smallest stones first".
  • jodles16
    jodles16 Posts: 1,477 Forumite
    Car Insurance Carver!
    Thats great news!! Really, really good luck!

    Jodles :beer:
    MFW2020 #115 250/3000 J-250
    1% challenge- /1525
    Save 1k in 2020- /3000

    Joining in UberFrugalMonthChallenge set up by the Frugalwoods!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.