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Louisxvi897
Posts: 1 Newbie
Hi,
I don’t have much people to tell but I’m almost at the end of my debt journey. I have one final payment left of my DAS and that’s it - £32,000 paid!
I don’t have much people to tell but I’m almost at the end of my debt journey. I have one final payment left of my DAS and that’s it - £32,000 paid!
I started looking at this forum 6 years ago and got some advice. I got help through stepchange and started a DAS. To cut a long story short I had the typical reasons for getting into debt - gambling, drinking, living above my means and making lots of uneducated financial decisions.
During the last few years I’ve worked hard to improve my income - stuck in at work and got promoted twice. I learned lots about personal finance and self excluded from all gambling sites. My credit rating has already started to improve and I have various pots for savings (holidays, house deposit etc. Recently started small monthly deposits into an investment account to hopefully give me a boost in a couple of years.
During the last few years I’ve worked hard to improve my income - stuck in at work and got promoted twice. I learned lots about personal finance and self excluded from all gambling sites. My credit rating has already started to improve and I have various pots for savings (holidays, house deposit etc. Recently started small monthly deposits into an investment account to hopefully give me a boost in a couple of years.
I just turned 30 last year and got abit down as I felt behind with my peers - didn’t own my house or drive a merc 
but I’ve picked myself up and see the positives now and how far I’ve came - also have a pot for the merc haha.
but I’ve picked myself up and see the positives now and how far I’ve came - also have a pot for the merc haha. To anyone debating how to get out a mess, the most important thing to do is take action - don’t wait. Get in touch with the charities out there that can help and you will quickly turn your situation around. Get some breathing space and rebuild your life.
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Comments
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Sounds like it's nearly time to do that happy dance!!! Well done!!I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions 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.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇1 -
Well done on clearing your debt.1
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What a fantastically uplifting post, congratulations on clearing your debt! I’m very nearly at the end of my own DMP so seeing success stories like this is just the last bit of motivation I needDebt free April 2024 !!
dfd:https://forums.moneysavingexpert.com/discussion/6510394/champagne-supernova-s-debt-free-to-savaholic-diary/p
2025 savings goals:
£1000/£1000 emergency fund
£0/£1000 Rainy Day1 -
Well done. Looks like you have turned your situation around.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment 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.
The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
Save £12k in 2025 #1 £12000/£80001 -
This is a lovely post! Huge congratulations on all your hard work, incredible!1
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brilliant post and seriously well done for tackling things at an early age. Hope the merc will bring happinessMortgage 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.1
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