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Not so wishy thinking...
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Eleven_Eleven
Posts: 10 Forumite
Hi all :j
Long time lurker here facing up to my debts. I am 23 years old and managed to come out of uni fairly unscathed by debt then moved in with a partner and basically had to take out a loan and use credit cards and (fee free) overdraft just to survive as his income decreased to practically nothing. Not much support in the way of us getting out the hole and I was sinking further and further into the debt spiral. This summer, for a variety of reasons, I left and have been slowly getting myself back on my feet and making small dents here and there. Feeling ready now to tackle this full on and hopefully get all £11,868.65:eek: of debt paid off by December 2017! Setting myself a lofty goal in order to stretch myself but think I can manage it. I have stripped my outgoings down to a bare minimum and will be able to overpay an extra £300-£400 per month on top of the payments I make already. As my sig shows I have made a small further dent since my LBM at the start of October. Looking to use this diary for support and loving looking through the forum and seeing loads of people who have managed to pay off thousands in debt :T Also looking to lose a few (weighty) pounds so will be using this diary to track weight loss too.
Paying off £11k+ debt and losing 28lbs, hopefully not so wishy thinking!
Long time lurker here facing up to my debts. I am 23 years old and managed to come out of uni fairly unscathed by debt then moved in with a partner and basically had to take out a loan and use credit cards and (fee free) overdraft just to survive as his income decreased to practically nothing. Not much support in the way of us getting out the hole and I was sinking further and further into the debt spiral. This summer, for a variety of reasons, I left and have been slowly getting myself back on my feet and making small dents here and there. Feeling ready now to tackle this full on and hopefully get all £11,868.65:eek: of debt paid off by December 2017! Setting myself a lofty goal in order to stretch myself but think I can manage it. I have stripped my outgoings down to a bare minimum and will be able to overpay an extra £300-£400 per month on top of the payments I make already. As my sig shows I have made a small further dent since my LBM at the start of October. Looking to use this diary for support and loving looking through the forum and seeing loads of people who have managed to pay off thousands in debt :T Also looking to lose a few (weighty) pounds so will be using this diary to track weight loss too.
Paying off £11k+ debt and losing 28lbs, hopefully not so wishy thinking!
CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/2017
Debt Free Date: 15/09/2017
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Comments
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Hi Eleven,
Happy new diary! I am sorry that circumstances has led you to this situation but I am sure you can overcome it.
Will be following to cheer you on. I want to lose at least 28lbs too!
OF xOrange Fairy
House Purchased April 19
CC1=? CC2=? DH CC= Mortgage Overpay = £0 Savings = £0 Xmas savings = £0 Weightloss = 0 lb0 -
Thank you so much Orange Fairy good luck with your weight loss x CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/20170 -
Managed to pay another £137 off my loan so updated sig this morning Feeling so positive about getting all this cleared. Going to put some more things on 3bay today to hopefully get a cash boost. CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/20170 -
Been a while since my last update! Have been really busy with work and moving and my uni course. Amazingly manifested a nearly £1000 windfall from HMRC so have managed to pay off my credit card and MacBook whilst also chipping away at my loan So close to my debt bein under £10k! Haven't lost any weight but eff it, it's Christmas...
Updated sig to come!CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/20170 -
You are doing well
Keep going I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Wow to the rebate! Nice work!" Your vibe attracts your tribe":D
Debt neutral 27/03/17 from £40k:eek: in the hole 2012.
Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
RYSAW17 £1900 2016 £2,535.16 2015 £1027.200 -
Thanks everyone CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/20170 -
So the weight loss hasn't gone very well (I've gained a 1lb) :rotfl: but I'm so excited that having been paid today I am officially debt free! :j I can't believe I've managed to do this less than a year after my first post. Such great inspiration on here, next stop savings :beer:CC and Loan Debts: [STRIKE]£11,674[/STRIKE] [STRIKE]£11,537[/STRIKE] [strike]£10,358.74[/STRIKE] £0 :j
Debt Free Date: 15/09/20170 -
Congratulations!!0
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