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Gambling debt plan

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  • I am starting to think i was not a full blown gambling addict, but had problems with impulse control on my spending. I am pretty confident I will never gamble again and in all honesty it has not been that hard to stop.

    I have noticed, I need to keep close eye on my spending though, as I do have strong urges to waste money on stuff , I could really save for and buy in the future over a period of time.
    All the cash going towards the debt at the moment is helping this.
  • About to close my first credit card, which I have paid off. That leaves 3 credit cards and 2 loans left to pay. The loan payments finish next June, then I should be able to clear the other cards by the end of next year!
  • Well done TrimmTrabb, great news doing well.
    I am not far behind you!!
    Hope you still not gambling, stopping by far the best thing I have ever done.
    Was in bookies with a friend for 2 hours Sunday and didnt even cross my mind to have a bet.
    £3 book saved my life.
    Anyone out there with a gambling problem please read the book nothing to lose and everything to gain.
    Well done and keep going.
    8 Debts £25000ish:(
    Betting its a mugs game
  • Muhren
    Muhren Posts: 1,705 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    TrimmTrabb wrote: »
    About to close my first credit card, which I have paid off. That leaves 3 credit cards and 2 loans left to pay. The loan payments finish next June, then I should be able to clear the other cards by the end of next year!

    Sounds like you are making great progress, keep it up.
    LBM: Dec 2012 - Debt £38,180/ Now £0.
    DFD - 17/04/2016
    Gambling: The sure way of getting nothing from something.

  • Muhren
    Muhren Posts: 1,705 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Was in bookies with a friend for 2 hours Sunday and didnt even cross my mind to have a bet.

    I wouldn't advise hanging around in a bookies if you have had a problem in the past. Why put yourself in that environment?
    LBM: Dec 2012 - Debt £38,180/ Now £0.
    DFD - 17/04/2016
    Gambling: The sure way of getting nothing from something.

  • Paid off my highest interest card, only one of the 3 remaining has interest. I will tackle that first, as the other two are still interest free for 12 months.

    I would avoid going near the bookies completely. My main issue was online spending, but I have self excluded from every account.
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