Time to start a fresh. 11 January 2021 at 7:20PM in Debt free diaries 1.1K replies 45.1K views

BlueJ94

I've been on the MSE forum a while. I've always known I was in debt but pushed it to the back of my mind, convinced I don't owe a lot. Been in debt since I was 18 maybe earlier.. 
Roll forward to last year, paying minimums on CC and loans, still convinced in my head that I don't really owe a lot.... WRONG! I've managed to rack up around 5K on CC and Loans!  BUT, I still didn't really see it as a lot, which is stupid! I think I thought being in Debt was "Normal" due to both my mam and sister also being in debt...

I finally shook my head and realised, 5K is a lot. I decided Saturday evening to contact PayPlan, today I spoke with an advisor and set up a DMP. I spoke to someone who is really lovely and reassured me that speaking to them and getting advice is the right thing to do. I start paying my DMP next month, It's estimated I will be debt free by April next year! I'm honestly so motivated to do this and not be in anymore debt! I'll also be receiving some money from my Grandad passing last year, so hopefully will pay off my debts quicker
Also, I've started couch to 5K I start week 2 this week, I'm trying to get more active and eat healthier! So far it's making me feel 10x better, I don't feel so tired all the time either! 

I'm going to try and update weekly!

Babybelles

Good luck on paying off your debt & for making that first step. Onwards & upwards x

BlueJ94

Babybelles said:

Good luck on paying off your debt & for making that first step. Onwards & upwards x

Thank you! I can't keep living this way 😳 as you said, onwards and upwards x

FootyFanDan

Good luck on becoming debt free, the first step is normally the hardest. You have got this!

BlueJ94

FootyFanDan said:

Good luck on becoming debt free, the first step is normally the hardest. You have got this!

Thank you! I'm glad to be on the journey, I can learn things along the way and hopefully won't be in debt for not much longer 🤞

bd80s

Good luck  
So many good tips on here that can help, look forward to seeing your progress.

BlueJ94

bd80s said:

Good luck  
So many good tips on here that can help, look forward to seeing your progress.

Thank you ☺️ 

enthusiasticsaver

Glad to see you have started a diary and good that you have sorted out a DMP.  Have you cut back as much as possible and started saving so you don't have to rely on credit if you have an emergency? Keep up on the Couch to 5k too.  Getting fitter will help your health and energy levels. 

BlueJ94

enthusiasticsaver said:

Glad to see you have started a diary and good that you have sorted out a DMP.  Have you cut back as much as possible and started saving so you don't have to rely on credit if you have an emergency? Keep up on the Couch to 5k too.  Getting fitter will help your health and energy levels. 

Thank you ☺️ not yet, I'm going to go through everything this month as my DMP starts February 1st and I'll go through everything, from old clothes gadgets etc that I could sell. I'm awaiting money from my grandads house being sold before Christmas so that's going to help a lot!

Thank you I start week 2 tomorrow, I'm hoping I keep it up! Sound silly but I've started drinking lots more water aswell 😊

enthusiasticsaver

Yes we all need to drink more water.  I try and drink at least 5/6 a day in addition to tea/coffee.  Have you started a savings account as you will not have access to credit in an emergency. 

BlueJ94

enthusiasticsaver said:

Yes we all need to drink more water.  I try and drink at least 5/6 a day in addition to tea/coffee.  Have you started a savings account as you will not have access to credit in an emergency. 

Yeah I try and drink 1.5 litres 😊 yes I've got a savings account open, with all of 32p currently in there 😂 I'm doing the tilly tidy challenge 🤞