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Nearly there finally

Mrjuls33
Mrjuls33 Posts: 30 Forumite
Second Anniversary 10 Posts
in Debt-free wannabe
So after years and years off debt on multiple accounts things are finally falling into place, role back 4 and a bit years i was in debt in by around £26000!! Now I’m currently bought balances down to around £2300!!! All this is on long term 0% interest credit card accounts x2 it feels so good to be finally back in control of my finances 

Comments

  • Fireflyaway
    Fireflyaway Posts: 2,766 Forumite
    Fifth Anniversary 1,000 Posts
    That must be a great feeling! Learning where you went wrong and changing your behavior is an important lessen. I hope to be in your position one day!
  • Mrjuls33
    Mrjuls33 Posts: 30 Forumite
    Second Anniversary 10 Posts
    I hit a light bulb moment over 4 years ago when I felt out of control with my debts that where everywhere from maxed out overdraft to loans and credit cards and having a young daughter I knew I needed to grow up and fix the issue, I spent out of control after a very close friend was killed in a car crash, and just felt like debt was the normal I’ve never missed a payment ever is the one positive 
  • Willing2Learn
    Willing2Learn Posts: 6,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Mrjuls33 said:
    So after years and years off debt on multiple accounts things are finally falling into place, role back 4 and a bit years i was in debt in by around £26000!! Now I’m currently bought balances down to around £2300!!! 
    Ooh, that must feel good.  You're on the home straight.  Keep going!!!
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    :smiley:
  • JayRitchie
    JayRitchie Posts: 563 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Brilliant - many congratulations!
  • Mrjuls33
    Mrjuls33 Posts: 30 Forumite
    Second Anniversary 10 Posts
    just a update on a few things re debt , I’ve now cleared both Tesco loan and nationwide loading,just got 2 other credit cards to clear both on 0% apr, I plan to attack HSBC one 1st as this has the lower balance then Barclaycard after all this I’ll be debt free for the 1st time in 22 years!!
  • Narola1976
    Narola1976 Posts: 529 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Mrjuls33 said:
    just a update on a few things re debt , I’ve now cleared both Tesco loan and nationwide loading,just got 2 other credit cards to clear both on 0% apr, I plan to attack HSBC one 1st as this has the lower balance then Barclaycard after all this I’ll be debt free for the 1st time in 22 years!!
    That is amazing, very well done!!
    Starting Total in September 2019 = £38287.77
    Current Total = £25534.10
    33% of debt paid off so far

    Debt Free by Christmas September August July June 2023!
  • in_need_of_direction
    in_need_of_direction Posts: 7,822 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I Lived more than 20 years in debt and am so relieved not to be there.  That said, my mortgage still contains amounts that were used to clear loans and bills.  It’s great that you can see the end in sight.  Well done
    Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 12st determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 100% through my pb challenge.
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,114 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Fantastic result.  Keep going. 
    I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts 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 and not the official line of MoneySavingExpert.

    The 365 Day 1p Challenge 2025 #1 £667.95/£391.55
    Save £12k in 2025 #1 £12000/£12000
  • ryanm8655
    ryanm8655 Posts: 1,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    That’s brilliant. I aspire to be in the same boat in the near future.

    August 2019: £28.8k

    November 2020: £0 (0% interest)

    My debt free diary: https://forums.moneysavingexpert.com/discussion/comment/77330320#Comment_77330320


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