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When will you be debt free? 🎉
Comments
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This year,But I will still have student loan, would you count that as debt or say you debt free?1
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I wouldn’t no, I’m referring to debt as in CC or Personal Loanssim2335 said:This year,But I will still have student loan, would you count that as debt or say you debt free?
I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10000 -
Fantastic thank you, I was so happy I was gona be debt free but then I kept thinking about student loan 10k only comes of wages when I earn enough which I dontjadewest94 said:
I wouldn’t no, I’m referring to debt as in CC or Personal Loanssim2335 said:This year,But I will still have student loan, would you count that as debt or say you debt free?
but now I don’t need too just see it as tax1 -
It's just my personal opinion, as I don't see mortgage as a debt but also it obviously is if that makes sensesim2335 said:
Fantastic thank you, I was so happy I was gona be debt free but then I kept thinking about student loan 10k only comes of wages when I earn enough which I dontjadewest94 said:
I wouldn’t no, I’m referring to debt as in CC or Personal Loanssim2335 said:This year,But I will still have student loan, would you count that as debt or say you debt free?
but now I don’t need too just see it as taxI’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10000 -
Debt free in 3 months after being in debt most of adult life so around 14 years, can’t wait 😊2
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Woohoo congratulations 🎊Jamesyb123 said:Debt free in 3 months after being in debt most of adult life so around 14 years, can’t wait 😊I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10000 -
Thanks should have been so much earlier but sometimes you have to keep learning the lesson to really learn it properlyjadewest94 said:
Woohoo congratulations 🎊Jamesyb123 said:Debt free in 3 months after being in debt most of adult life so around 14 years, can’t wait 😊2 -
Agreed! I'm hopefully going to be debt free by March 2022. Determined to get debt free sooner 🤞Jamesyb123 said:
Thanks should have been so much earlier but sometimes you have to keep learning the lesson to really learn it properlyjadewest94 said:
Woohoo congratulations 🎊Jamesyb123 said:Debt free in 3 months after being in debt most of adult life so around 14 years, can’t wait 😊I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10000 -
November 2022, never, ever will I again get in to an uncontrolled debt situation.
i am counting the days!If you believe you can, you will. If you believe you can't, you won't.
Secured/Unsecured loans x 1
Credit Cards x 8 (total limit £55,050)
Creation FS Retail Account x 1
Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
0% Overdraft x 1 (£0 / £250)
Mortgage Outstanding - £137,707.00 (Payment 13/360)
Total Debt = £7,400 (0%APR) @ £100pm - Stoozing1 -
Good luck!! 🤞MrFrugalFever said:November 2022, never, ever will I again get in to an uncontrolled debt situation.
i am counting the days!I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.
Debt owed;Admiral - £0/£8000
DFW Challenges!
PAD #
365 Day 1p Challenge 2026 #8 £31.65
Pay off all your debts by Christmas 2026! #14 £74.77/£8000
Make £2026 in 2026! £390.05/£2026
Savings goal £91.50/£10001
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