Total debt when my journey began in December 2022- £66,133.42
Current debt May 2024- £40,064.57
Repaid 39.42%
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Debt Free as of today.
Wishywashy74
Posts: 87 Forumite
5 years ago following a divorce i managed to somehow run debs and loans up to the grand total of almost £30k. This happened despite having a good job and wanting to get everything done on my house asap and trying to accommodate too many things at once.
Well its being a long time coming but as of today all that debt is gone, never again will i be so stupid with regards to spending levels.
What a relief to be able to say this and to all the people out there struggling and being unable to see the other side, all i will say is sit down and just start realising you can take charge of your finances, yes it may take time and there will be sacrifices but there is not a better feeling when that det is finally gone.
Next step is to become mortgage free as quickly as possible, and now i have freed up those loans and CC payments then there is no reason why i can't do it.
Well its being a long time coming but as of today all that debt is gone, never again will i be so stupid with regards to spending levels.
What a relief to be able to say this and to all the people out there struggling and being unable to see the other side, all i will say is sit down and just start realising you can take charge of your finances, yes it may take time and there will be sacrifices but there is not a better feeling when that det is finally gone.
Next step is to become mortgage free as quickly as possible, and now i have freed up those loans and CC payments then there is no reason why i can't do it.
1
Comments
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Huge Congratulations! 👏👏👏👏 I think there is Debt-Free Roll of Honour you can post on to declare your debt freedom and your story to encourage othersSealed Pot Challenge 2023 # 011
£2 savers club 2023 # 011 £16.00
Virtual Sealed Pot 2023 #10 £40.09/£300
Make £10 extra a day in Oct '23 £129.30/310
Grocery challenge Oct 2023 £3.01/£1501 -
Congratulations!1
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