Debt free before August 2023

edited 3 December 2019 at 1:43PM in Debt Free Diaries
452 replies 25.8K views
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  • Poppy1984Poppy1984 Forumite
    609 Posts
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    Hello 👋 
    Monthly update, new debt total is £2,368 I'm not managing any overpayments at the moment so as it stands my debt free date will be February 2022. 
    Money is really really tight at the moment, my income has dropped significantly yet my outgoings haven't decreased in fact this month they have most definitely increased!! So it's going to be a struggle until February now, then once the debt has gone at least I'll have a bit more wiggle room in my budget. 
    Feeling deflated and low as I'm getting so close to becoming debt free you'd think I'd be elated but my recent drop in income feels like a big blow. I'll get used to it and I'll manage it's just going to be a really tough 5 months. 

    Poppy :heart:
    19-02-18 Total Debt £30,322
    Debt remaining: £456.39
    Original DFD Aug 2024 New DFD 17th December 2021
  • savingholmessavingholmes Forumite
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    Hi Poppy sorry you are struggling. Are there any options to up your income? I am sure you have already been checking that out...
    During 2021: Target 1) Clear CC debt - £2128 to go (but debt neutral) @ 0% Target 2) Lose weight 3) Write regularly 38113/70000 words Book 2 4) Promote book(s) 5) Develop passive income streams 6) Build 3-6 mths EF 7) Declutter
  • Poppy1984Poppy1984 Forumite
    609 Posts
    500 Posts Third Anniversary Name Dropper I've been Money Tipped!
    ✭✭
    No not really, it'll work out, it's just how it is at the moment. 

    Thank you 

    poppy :heart:
    19-02-18 Total Debt £30,322
    Debt remaining: £456.39
    Original DFD Aug 2024 New DFD 17th December 2021
  • savingholmessavingholmes Forumite
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    Hugs. Sounds tough. 
    It made me smile...
    During 2021: Target 1) Clear CC debt - £2128 to go (but debt neutral) @ 0% Target 2) Lose weight 3) Write regularly 38113/70000 words Book 2 4) Promote book(s) 5) Develop passive income streams 6) Build 3-6 mths EF 7) Declutter
  • SuperFrank88SuperFrank88 Forumite
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    Hi Poppy,

    Just checking in to see how you are doing? 

    Frank.
  • Poppy1984Poppy1984 Forumite
    609 Posts
    500 Posts Third Anniversary Name Dropper I've been Money Tipped!
    ✭✭
    Hi Poppy,

    Just checking in to see how you are doing? 

    Frank.
    Hi @SuperFrank88
    Thank you for checking in, I'm doing okish, I've had to accept I won't be debt free by the end of 2021 sadly but I will be debt free by February 2022 so it's not a huge difference. 
    Money is so so tight right now so I'm really feeling the pressure financially. 
    My debt is now below £2,000 which I'm really really happy about. It's a loooooong journey and hard to not let it get me down at times but I know it will be so worth it once I'm debt free. 
    I'm going to spend the next few months trying to make sure I've got my funds in place so that when I become debt free I'm not in a position where is an unexpected cost was to come up if need to borrow money to pay for it. As I really don't want to borrow money again after I get to debt free status. 
    So that's the plan to get me through until Feb next year. 
    Hope everyone's doing well 

    poppy :heart:heart:
    19-02-18 Total Debt £30,322
    Debt remaining: £456.39
    Original DFD Aug 2024 New DFD 17th December 2021
  • SuperFrank88SuperFrank88 Forumite
    349 Posts
    Third Anniversary 100 Posts Name Dropper Photogenic
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    Poppy1984 said:
    Hi Poppy,

    Just checking in to see how you are doing? 

    Frank.
    Hi @SuperFrank88
    Thank you for checking in, I'm doing okish, I've had to accept I won't be debt free by the end of 2021 sadly but I will be debt free by February 2022 so it's not a huge difference. 
    Money is so so tight right now so I'm really feeling the pressure financially. 
    My debt is now below £2,000 which I'm really really happy about. It's a loooooong journey and hard to not let it get me down at times but I know it will be so worth it once I'm debt free. 
    I'm going to spend the next few months trying to make sure I've got my funds in place so that when I become debt free I'm not in a position where is an unexpected cost was to come up if need to borrow money to pay for it. As I really don't want to borrow money again after I get to debt free status. 
    So that's the plan to get me through until Feb next year. 
    Hope everyone's doing well 

    poppy :heart:heart:
    Hi Poppy,

    Glad to see you back on the thread. Please don't put too much pressure on yourself by trying to get debt free by a certain date. I completely get it that you want the debt gone asap but it does sound like it is having an adverse effect on your mh, which for me is not worth it at all. You have done such a fantastic job up to this date. Don't let those numbers on a screen make you ill, because at the end of the day that is exactly what they are....numbers on a screen. 

    You are doing awesome. Just look after yourself too :) 
  • Poppy1984Poppy1984 Forumite
    609 Posts
    500 Posts Third Anniversary Name Dropper I've been Money Tipped!
    ✭✭
    Poppy1984 said:
    Hi Poppy,

    Just checking in to see how you are doing? 

    Frank.
    Hi @SuperFrank88
    Thank you for checking in, I'm doing okish, I've had to accept I won't be debt free by the end of 2021 sadly but I will be debt free by February 2022 so it's not a huge difference. 
    Money is so so tight right now so I'm really feeling the pressure financially. 
    My debt is now below £2,000 which I'm really really happy about. It's a loooooong journey and hard to not let it get me down at times but I know it will be so worth it once I'm debt free. 
    I'm going to spend the next few months trying to make sure I've got my funds in place so that when I become debt free I'm not in a position where is an unexpected cost was to come up if need to borrow money to pay for it. As I really don't want to borrow money again after I get to debt free status. 
    So that's the plan to get me through until Feb next year. 
    Hope everyone's doing well 

    poppy :heart:heart:
    Hi Poppy,

    Glad to see you back on the thread. Please don't put too much pressure on yourself by trying to get debt free by a certain date. I completely get it that you want the debt gone asap but it does sound like it is having an adverse effect on your mh, which for me is not worth it at all. You have done such a fantastic job up to this date. Don't let those numbers on a screen make you ill, because at the end of the day that is exactly what they are....numbers on a screen. 

    You are doing awesome. Just look after yourself too :) 
    Yes you're right, I don't know why I keep putting so much pressure on myself, I'm really going to try and just relax and spend the next 4 months just prepping to make sure all my ducks in a row for when I become debt free. 

    Poppy :heart:

    19-02-18 Total Debt £30,322
    Debt remaining: £456.39
    Original DFD Aug 2024 New DFD 17th December 2021
  • AspirationAspiration Forumite
    507 Posts
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
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    Look how far you’ve come, agree with others, try to take some pressure off. You’ve done incredibly well 

    Loan (Z) £25,000 now £9,100. NW loan £22k Now £17,200.
    W - MBNA £15,500 now £14,420. Lloyds £8800 Now £7875.
    April 2020 - £102,222
    June 2021 - £48,595
    Cleared - £53,627
  • Poppy1984Poppy1984 Forumite
    609 Posts
    500 Posts Third Anniversary Name Dropper I've been Money Tipped!
    ✭✭
    Look how far you’ve come, agree with others, try to take some pressure off. You’ve done incredibly well 
    Thank you so much 😊 

    poppy. :heart:
    19-02-18 Total Debt £30,322
    Debt remaining: £456.39
    Original DFD Aug 2024 New DFD 17th December 2021
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