We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Small Steps Out Of Massive Debt!

Options
1…6263656768…186

Comments

  • redofromstart
    redofromstart Posts: 5,824 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Hope everything is ok with you?

    Penhaligon are doing an online fragrance profiler, with two EDP samples at the end. £5.50 p&p which is high but a good way to try.
    My mortgage free diary: https://forums.moneysavingexpert.com/discussion/6498069/whoops-here-comes-the-cheese

    GNU Mr Redo

  • Orange_Ena
    Orange_Ena Posts: 1,297 Forumite
    Hope all is ok with you :)
    Debt Apr 15 - £6895.44 :( Apr 17 - £2500 :) Dec 17 - £560 :) July 18 - £199 :D
    CHEFS challenge (Cruise Holiday Entirely Funded by Surveys) - £685.79
    Every penny is a prisoner :D
  • Hiddenidenity
    Hiddenidenity Posts: 5,423 Forumite
    From me too xx
  • JoJoC
    JoJoC Posts: 1,836 Forumite
    Another one hoping all is well with you :)
    CC1: £4481.14/ £5031.14 (12% paid off, £600) | CC2:£3307/ £3807 (14.4% paid off, £550) | Loan: £10,528.20/ £15,792.30((33% paid off, £5,264))

    July debt total: £24,630.44 | New debt total: £18,316.34 | Total debt paid: £6,414.10 (26%)
    *My debt busting and savings diary*
  • DrSpendLittle
    DrSpendLittle Posts: 698 Forumite
    Debt-free and Proud!
    Me tooooooo!
  • EssexHebridean
    EssexHebridean Posts: 24,424 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    C'mon Georgiana - where are you! Hope all's good!
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • GeorgianaCavendish
    GeorgianaCavendish Posts: 2,393 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hi everyone!
    Sorry its been so long since I last posted, we had a death in the family and some other issues that took over for a while but I'm back now.

    It has not been a great couple of months for my debt busting for two reasons. Firstly, my husband lost his job due to a merger in the company. He's a contractor so not entitled to redundancy or anything like that. He has a new job now but there were two months when we fell back on using credit cards to cover some of our expenses, adding £670 to my debt total.
    Secondly, I'm doing professional qualifications which are sponsored by my employer. My employer has changed their policy on how the sponsorship works, they used to pay all expenses upfront but now they only pay 50% of the course fees, I have to pay 50% myself and then if (I mean when! :) ) I pass the course they will reimburse me. I had to enroll for the new academic year in September and pay £3000 up front. I financed this across several credit cards, some of it is interest free but some of it isn't :eek: ... My debt total has gone back up, knocking on £30,000.
    I'm waiting for my new credit card statements to be issued and then I will post an accurate breakdown in November.

    So, the positives .... if there are any? Well, yes, my husband has a new job :T I'm enrolled on my course and at some point in the future I will be getting that £3000 back . In the meantime, I've realised how important the Emergency Fund is and will have to address our lack of one asap.

    So I'm back, I'm determined to get a grip on my new financial position and get back in the MSE-mindset, particularly with Christmas just round the corner!
  • Kittychick
    Kittychick Posts: 250 Forumite
    Seventh Anniversary
    Great to see you back! I know it must feel like a backwards step but I think there's a big difference between just spending wildly and not caring about the consequences and doing it as you have done.
    Good luck for the future x
  • DrSpendLittle
    DrSpendLittle Posts: 698 Forumite
    Debt-free and Proud!
    Welcome back!
  • System
    System Posts: 178,347 Community Admin
    10,000 Posts Photogenic Name Dropper
    Such a relief to see you back xxx welcome back lovely ��
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
★ ★ ★ 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
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K 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.
Update Your Picture