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Dreaming of being Debt Free

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  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Gonna cost about £500 to repair.
    In garage now. Cheaper than a new car.
    Altho the advisory list makes me think won't last much longer.

    Working on getting rid of my debt FOREVER 
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Cars back. Cost £545 in the end.
    Failed at first, panicked, but they just put the wrong tire on it.
    Emergency fund down too £900.

    Made it to pay day, with £20 left.
    So I've paid off last of Xmas/birthday stuff. Just a party this weekend. Then hopefully a low cost month.

    Not really sure what to prioritise now.
    Working on getting rid of my debt FOREVER 
  • Lonelygambler
    Lonelygambler Posts: 415 Forumite
    100 Posts First Anniversary Name Dropper
    Well done. 
    Gambling Addict - Acting now before it's too late. Gambling losses well over 25k. 

    Current Situation Started Posting in Apil 24:
    Unsecured Personal Debt - June 2025
    Natwest CC 0% - £3000 (Cleared November 2024)
    Lloyds CC 0% £4500 - £1000
    Barclaycard CC 0% £12,567 - £7800

    10/6/24 - 16 MonthsGamble Free - Longest in years. Gambling is an illness. Seek help. It is not worth your life. 
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Not been to good this month so far.
    Money just seems to be disappearing.
    Still all the bills have been paid.
    Working on getting rid of my debt FOREVER 
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Emergency fund is back up to £1500.
    Really not sure what I'm doing at the moment. Least I'm not going into debt 
    Working on getting rid of my debt FOREVER 
  • Sarahwithlove
    Sarahwithlove Posts: 3,322 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    That's a good amount to have in emergency fund. Hopefully it stays that way and you can get the debts gone. What ones do you have left now? 
    *Dad loan - £5300 - £7300
    *Virgin Credit Card - £3552.50 - £0
    *Natwest - £1828.35 -£400

    Barclaycard - £2315.25 - £0.00

    Creation Finance - £960.32 £860
    *Total debt - £8560/£11641.17*


    Savings
    *Savings Buffer - £1000/£1500
    *Emergency Fund - £1000/£1500


    New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Well it's at £2000 now.
    Just keep throwing cash in it.

    And debts, nothing really, cc gone, UC too. Student loan gone.
    Only thing I do have is the loan i got to pay off all partners credit cards. That's like 5500 left I think. Or about 20 months if don't do any over payments 
    Working on getting rid of my debt FOREVER 
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Is it normal to still feel skint constantly after paying back so much debt?
    Or am I saving too much? And not enjoying enough of it?
    Still don't feel in a very secure position financially, but I know I'm in a much better one at least.
    Working on getting rid of my debt FOREVER 
  • Debt_Smashing
    Debt_Smashing Posts: 62 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Made it to pay day.
    Less than usual came in. Guess it will be another tight month.
    Working on getting rid of my debt FOREVER 
  • Cara_
    Cara_ Posts: 132 Forumite
    100 Posts Second Anniversary
    Earlier in your diary you commented that your partner was not on board with the debt reduction / saving - is this still the case?
    Are they working and paying off their own debt? I see you still have a loan that was used to pay off your partners credit cards - do they contribute to the payment?
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