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Thank you Martin and team

First time poster, I have watched Martin for years and listened to his advice so just wanted to say a quick Thank You.
I was £26,000 in debt with credit cards and overdraft 5 years ago, I’d say my wage is slightly above average but debt can just get you, I followed a few simple steps of Martin’s advice.
I looked at what I was spending and where and what I could cut down on.
Rang all my utilities to see what I could save. 
Took a loan at my bank to pay £5000 overdraft off (far cheaper in the long run).
Any extra cash was paid to lower my £21,000 credit card debt.
Finally put my PPI claim in a few weeks before the deadline not expecting much, to my surprise I got £7746 back due to overdraft! Never expected that.
I’m now in a financially stable position, it took 5 years to get to this point but well worth the battle. 
Martin’s advice has had a total flip side for me, I’m now as of yesterday after paying my last credit card bill, DEBT FREE and have managed to save £25,000 in the process.
I’m not here to rub people up the wrong way, just to thank Martin and his team’s advice that I’ve seen on telly, the little changes make a big difference.

Thank you Martin and team.

Love from debt free Dave. 

Comments

  • dr_adidas01
    dr_adidas01 Posts: 2,157 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    dave9670 said:
    First time poster, I have watched Martin for years and listened to his advice so just wanted to say a quick Thank You.
    I was £26,000 in debt with credit cards and overdraft 5 years ago, I’d say my wage is slightly above average but debt can just get you, I followed a few simple steps of Martin’s advice.
    I looked at what I was spending and where and what I could cut down on.
    Rang all my utilities to see what I could save. 
    Took a loan at my bank to pay £5000 overdraft off (far cheaper in the long run).
    Any extra cash was paid to lower my £21,000 credit card debt.
    Finally put my PPI claim in a few weeks before the deadline not expecting much, to my surprise I got £7746 back due to overdraft! Never expected that.
    I’m now in a financially stable position, it took 5 years to get to this point but well worth the battle. 
    Martin’s advice has had a total flip side for me, I’m now as of yesterday after paying my last credit card bill, DEBT FREE and have managed to save £25,000 in the process.
    I’m not here to rub people up the wrong way, just to thank Martin and his team’s advice that I’ve seen on telly, the little changes make a big difference.

    Thank you Martin and team.

    Love from debt free Dave. 
    You might need to be aware that Martin won’t see this post, he sold MSE for £87 million back in 2012. 

    Congratulations on becoming debt free.  
    Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:
  • Never mind, still good advice that got me out of debt😀
  • sourcrates
    sourcrates Posts: 32,043 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    He posts regularly on social media, and responds to questions if he can, you might want to try Facebook etc.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it 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.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • The MSE newsletter usually has some good news stories too, try emailing that team to help inspire others 
  • pbartlett
    pbartlett Posts: 1,397 Forumite
    1,000 Posts Name Dropper
    I bet he occasionally has a peek at the forum....
  • born_again
    born_again Posts: 21,713 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    He posts regularly on social media, and responds to questions if he can, you might want to try Facebook etc.
    I think he is starting his summer sabbatical soon. From his twitter posts.
    Life in the slow lane
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