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Busting this debt before 40
Comments
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I have one of those clocks that gradually lights up before the alarm. It really helps in winter.
Is today the day??!!??Debts 04/01/25 01/12/25
Natwest2 £6,509.97 £5,600
NatWest CC £7,612.74 £6,680
Lloyds CC £6,112.60 £4,690
1st Direct CC £176.03 £144.20
CC total £20,411.34 £17,114
TSB OD £500 £0
1st Direct OD £600 £0
Car loan £4,000 £4,000
1st Direct Loan £10,684.44 £8,160
Total £36,195.78 £29,274.20
EF £1,002.83
HF £203.990 -
Debt free officially on 1st August 2025!!!
The financial wealth building journey.
Busting this debt before 40. Started in August 2024 with debt = £19,966. August 1st 2025 debt = £0 and busted!
Debt free dairy https://forums.moneysavingexpert.com/discussion/6547320/busting-this-debt-before-40/p1
Savings goals by 31st December 2025;
Emergency Fund: £3,674 / £4000
SIPP: £4,375 / £5000
S&S ISA: £766 / £1000
“Save me now and I’ll save you later” - Your money
I eat far too much chocolate...9 -
Congratulations! I can't wait for that moment!Nationwide CC: £1,309.48/£1,209.48/£447.96/£0
Littlewoods: £808.91/573.66/£472.66/£0
MBNA: £10,413.25/£10,425.28/£9,749.12/£9,830.00/£8.700/£7,900/£7,400/£7,200/£7,000/£6,800/£6,600
HSBC Loan: £15,156.57/£14,697.28/£14,237.99/£13,778.70/£13,319.41/£12,860.12/£12,400.83/£11,941.54/£11,482.25/£10,982.25/£10,482.25/£9,982.25/£9,482.25
Total: £27,688.21/£26,893.67/£25,583.89/£24,663.27/£23,527.82/£23,149.41/£21,560.12/£20,300.83/£19,341.54/£18,682.25/£17,982.25/£17,282.25/£16,782.25/£16,082.250 -
🥳🥳 Huge congratulations!Save £12k in 2025 #32Make £2025 in 2025 #28
JAN- £695.23 FEB- £599.43 MAR- £709.42 APR- £1102.89 MAY- £776.76 JUNE - £966 JULY - £1104.84 AUGUST - £1183.03
SEPT- £3094.76 OCT- £1744.35 NOV- £1422.42Total 2025 - £13,398.59
0 -
Congratulations!! 🎉🎉
That must feel so good! You've pretty much performed a miracle in my eyes, I hope you feel very proud of yourself.Debts 04/01/25 01/12/25
Natwest2 £6,509.97 £5,600
NatWest CC £7,612.74 £6,680
Lloyds CC £6,112.60 £4,690
1st Direct CC £176.03 £144.20
CC total £20,411.34 £17,114
TSB OD £500 £0
1st Direct OD £600 £0
Car loan £4,000 £4,000
1st Direct Loan £10,684.44 £8,160
Total £36,195.78 £29,274.20
EF £1,002.83
HF £203.990 -
Thank you!!
This now lives on my fridge as a proud reminder. Maybe I should frame it?
The financial wealth building journey.
Busting this debt before 40. Started in August 2024 with debt = £19,966. August 1st 2025 debt = £0 and busted!
Debt free dairy https://forums.moneysavingexpert.com/discussion/6547320/busting-this-debt-before-40/p1
Savings goals by 31st December 2025;
Emergency Fund: £3,674 / £4000
SIPP: £4,375 / £5000
S&S ISA: £766 / £1000
“Save me now and I’ll save you later” - Your money
I eat far too much chocolate...5 -
Congratulations on being debt free! That's so exciting*Dad loan - £5300 - £7000
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£0.00
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £720
*Total debt - £7720/£11641.17*
Savings
*Savings - £1625/£2000
*Emergency Fund - £1000/£1000
*Fab Forty Fund - £100/£4000
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/0 -
Thank you! You’ll get there too, you’ve already made fantastic progress.Debtfree2026 said:Congratulations! I can't wait for that moment!
The financial wealth building journey.
Busting this debt before 40. Started in August 2024 with debt = £19,966. August 1st 2025 debt = £0 and busted!
Debt free dairy https://forums.moneysavingexpert.com/discussion/6547320/busting-this-debt-before-40/p1
Savings goals by 31st December 2025;
Emergency Fund: £3,674 / £4000
SIPP: £4,375 / £5000
S&S ISA: £766 / £1000
“Save me now and I’ll save you later” - Your money
I eat far too much chocolate...1 -
Thank you! It still feels a bit unreal. I’ve been so focused on it, I need to focus that energy elsewhere now!Sarahwithlove said:Congratulations on being debt free! That's so excitingThe financial wealth building journey.
Busting this debt before 40. Started in August 2024 with debt = £19,966. August 1st 2025 debt = £0 and busted!
Debt free dairy https://forums.moneysavingexpert.com/discussion/6547320/busting-this-debt-before-40/p1
Savings goals by 31st December 2025;
Emergency Fund: £3,674 / £4000
SIPP: £4,375 / £5000
S&S ISA: £766 / £1000
“Save me now and I’ll save you later” - Your money
I eat far too much chocolate...0 -
That's wonderful! 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 21/3/220
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