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Success Story - OG Debt-free Wannabe's 2022 Report
AlwaysOnTheGo
Posts: 43 Forumite
"I've only gone and done it"
I joined in 2006 carrying more debt than I could cope with. I've been on the brink of repossession, survived crisis after crisis but I've now done it. I have no debts, except the one noted in my sig file. I have savings to survive 6 months in a 'worse case' scenario. My advice to others is don't give up, keep chipping away at the debts. I didn't track every penny spent, that would be too depressing, but I use tricks to help me, like a daily £1 accumulator and more recently a daily saving account of £3.33 (arbitrary number) a day and watch my savings grow. I learned from MSE Forums how to pay off one card at a time and keep overpaying at every opportunity and to take advantage of interest free credit cards where possible.
I joined in 2006 carrying more debt than I could cope with. I've been on the brink of repossession, survived crisis after crisis but I've now done it. I have no debts, except the one noted in my sig file. I have savings to survive 6 months in a 'worse case' scenario. My advice to others is don't give up, keep chipping away at the debts. I didn't track every penny spent, that would be too depressing, but I use tricks to help me, like a daily £1 accumulator and more recently a daily saving account of £3.33 (arbitrary number) a day and watch my savings grow. I learned from MSE Forums how to pay off one card at a time and keep overpaying at every opportunity and to take advantage of interest free credit cards where possible.
AlwaysOnTheGo ~ Debt Free Wannabe no 537 Motto: This Too Shall Pass Repayment Mortgage £152k Cabot £5.8k at £1 pcm[/B] Every day I wake up happy to be over the darkest days of financial gloom New Debt the remortgage at 2.27% until 11/2027
14
Comments
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Congratulations, that's an amazing effort and achievement!!Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.0
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Very well done.I am one of the Dogs of the Index.0
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