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The Mental Debt Struggle...
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That’s amazing news - you must be over the moon! It gives you an amazing opportunity for a fresh start. It must be a great feeling not having to worry about juggling money around your credit cards etc. to make your monthly payments for each of the debts.2
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Oh it’s not a cheat code! It’s a rational, considered, logical, right for you, decision.I had something similar when I finally got some of the monies from the house I had helped my nasty Ex do up (less than half the equity, but hey … 🤷♀️). That cleared what was left of my debts (at the time! 🙄😉) and became the seed of our first house deposit … 😊
I recognise that odd feeling of deflation, ‘cheating’, what-do-I-do-now-ness … 😉 It passes, you will adapt and what you will find, as others have said is that you have a whole piece of spare mental capacity to do what you want to do, which will be useful for your new working from home contract and your blog 😊
So very, very pleased for you 😊🤩🥳🎉🎊
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.3 -
wonderful news and definitely the right decision. Absolutely not a cheat more like karma repaying all those times you helped out family members when you really couldn’t afford to. EnjoyMortgage 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.2
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That's wonderful news! A real springboard into your new start. And all the work you've already put in to understanding and controlling the flow of your money has given you skills for the future.
Congratulations!I think a bit of sunshine is good for frugal living. (Cranky40)
The sun's been out and I think I’m solar powered (Onebrokelady)
Fashion on the Ration 2025: Fabric 2, men's socks 3, Duvet 7.5, 2 t-shirts 10, men's socks 3, uniform top 0, hat 0, shoes 5 = 30.5/68
2024: Trainers 5, dress 7, slippers 5, 2 prs socks (gift) 2, 3 prs white socks 3, t-shirts x 2 10, 6 prs socks: mostly gifts 6, duvet set 7.5 = 45.5/68 coupons
20.5 coupons used in 2020. 62.5 used in 2021. 94.5 remaining as of 21/3/223 -
You're debt free! That's fantastic! Many congratulations.
And you definitely earned it:
By being the sort of person a relative wants to gift money to
By working so hard at managing your money that you put yourself in the position where this money could make you debt free
By persevering through all the bad luck so you're finally due some good luck. Let's be honest, everything ultimately comes down to luck doesn't it, so don't worry about the universe even-ing things up a little when you've had to contend with a lot of things others haven't.
I am so pleased for you x6 -
So blooming pleased for you. 🤩🤩🤗🤗🤩🤩I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post 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 & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.2 -
I’m stood in my kitchen with the biggest grin on my face 😃 I am so pleased for you. It is really nice to hear after all the times you have helped out others when you have been struggling financially that you have now been helped in such an amazing way. Definitely not cheating. Enjoy your new debit free status. Oh and congratulations on the freelance work xxslowly working towards being MF one small over payment at a time :T2
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Just catching up with you and what amazing news about being debt free and the freelance work! So pleased for you 😁I get knocked down but I get up again (Chumbawamba, Tubthumping)1
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Such great news Keedie! It's fantastic to hear when something like this happens to such a deserving person.
I'm sure it will give you that bit of space to breathe easier while you start your new venture.
Lelly x2023 Weekly Cash Envelope Savings Challenge #04
2024 Weekly Cash Envelope Savings Challenge #032 -
That is such brilliant, uplifting news Keedie. A real life changer and some much deserved good fortune. Loving all the positive comments from everyone too. Must feel like a massive weight being lifted.I also think you’ve definitely done the right thing by using your wonderful windfall to clear what you owe
I love it when good things happen to good people27/5/17 Mort 64705 BTs 1904031/12/17 Mort 59815 BT 1673007/04/20 Mort 49208 BT 1572128/07/20 Mort 47387 BT 1263414/11/20 Mort 45905 BT 10134 20/05/21 Mort 42335 BT 686811/08/22 Mort 32050 BT 2915Sealed Pot Challenge 16 Number 53
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