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2024 - Let's go again
So I'm starting 2024 with my debt at a little over £31k - still sounds so bad but considering it was £50k when I had my LBM in 2022 it's not so bad. I'm paying £700 per month towards debt and all but one account has been defaulted. Which makes me think about how best to tackle that. Defaults will start dropping off in…
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taking responsibilty to get me where I want to be
Good morning MSE'ers I have been reading diaries for the last few months and have found peoples stories so inspiring that I am hoping for some company on my own journey , this will be my own log which hopefully will motivate me at times of bleakness so I can look back on any progress I have made My sitituation is quite…
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My long overdue journey to becoming debt free!!
Hello, I've been lurking on here for a good few years now, and I have decided its time to finally, and for once and for all, to sort my sorry financial mess out! I wont bore you with all the gory details of how I got here, it would just be a list of excuses and justifications, when the hard reality is I spend more than I…
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Getting Over "The Terrible Mistake" and a Debt Free Target of 2026
Hi everyone In January 2022 I had to sit down and tell my wife that not only had I managed to lose over 100K in inheritance but tried to recoup those losses through adding approximately 25k in credit card debt. COVID also caused a huge drop in income. Through a couple of really crazy investments (Avoid AIM investing like…
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From debt to freedom...
For a couple of months I have been lurking and reading diaries which have been helpful and inspiring. I thought that I would start a diary to keep myself focussed on getting rid of the debts. I am a working mum, recently separated from my husband. I have a large family which makes for an interesting and busy life! I have…
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Find the SecondStar and soar, and then straight on till the morning…
This feels like an appropriate time for a finance thread. I’m in County Down, Northern Ireland. Story time: My ex partner and I broke up 2 weeks ago. We had been together for 4.5 years, we bought a house together as joint tenants 2 years ago, and had been combining incomes and savings for 2 years. We have separated our…
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KMNs diary - curbing spending and maximising saving with a new baby
So maybe a bit random to have a diary when I'm not in debt, but I am about to start my maternity leave (at the end of the month) as we prepared to welcome our first child in early March. We are incredibly lucky to be quite comfortable, own our home (mortgaged) and both able to put some money in savings at the end of each…
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2024... Debt no more🤘
Hi all, here I go to ridding myself of debt for the final time. I don't want to work forever and would like some good savings before I reduce my working hours. I'm not getting any younger and suffer with various ailments so instead of borrowing I need to pay off what I owe and save instead. Previous borrowing was always…
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One eye on the future ..one eye on the past
New Diary think I got lost in space. Debts are slowly reducing,I sort of have a three year plan ongoing which should mean we are very comfortable in the middle of the year 2023. I'm resigned to this being my abode ...hate my house ..hate my neighbours For that time I want to be in a good place financially to move at that…
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*sigh* this is still taking a while, but moving forward (slowly!)
Hope everyone is enjoying their Christmas so far :) After 4 years writing (sporadically) on my previous diary, I thought it was time for a sparkly new one. A lot of things have changed over the 4 years - I just have 1 job these days, my children are all that bit older, our house renovations are complete and our debt is…
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Here Goes...Starting Up on a Journey
Hi All, I've made some reckless decisions recently, tried to invest money, kept borrowing to invest more and lost it all. Ridiculous I didn't learn after the first one, two, three, ten attempts. But we are here now: Essentially I am up to my eyeballs in debt and have about the same amount of debt and interest payments)…
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Trying to get the balance right
Hi all, Long time lurker over here 👋 and thought I'd finally bite the bullet and create my own diary. Mostly for my own self motivation and to keep tabs on myself as I am my own worst enemy at talking myself around or out of situations. I have stalked these forums for a number of years as I find reading other people's…
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Get a grip woman!
Having been reading a number of people's debt-free wannabe diaries for some time now, I have finally decided I will start my own. We are less than three years from wanting to stop work, and less than ten years from state retirement age. I manage our household finances and DH lets me get on with it. His attitude is more…
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Which to pay against first
Unsure where to post - lingerer but not totally au fait with posting. At the point of near breakdown with the extent of debt (15k) only fully brought to light through remortgage / monthly increases. Question is, what to pay first? Lots of 0% CC (£200 - £4K), but one has ended so interest is through roof and declined for…
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Struggling along as best I can
Hi everyone, I have just been catching up on my banking and budgets and I am really fed up of getting to the same point of having very little for the last 6-10 days before I get my pension. Don't get me wrong my bills are all paid and I have no debt and I only need to buy just a couple of bits of food (coffee!) But I'm…
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Round in circles...
So, here I am again, back after approximately 6 years after clearing all of my debt. I was approximately £25,000 in debt at that time and swore never to be in this situation again..yet here I am! I have been in denial for the last 2 years, paying the minimum payments on my DEBT cards and wishing for a resolution since…
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Small Business, Big Debts
Hello all Debt free wannabes! :) I posted on these Forums over 10 years ago, and it made such a huge impact on my (successful!) attempt to get debt free, but a LOT has changed in the last 10 years, so I’m back again! The accountability and kindness I received back then was invaluable to me, so I hope to bring some of that…
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Sashybo - Back Again
Hi all, has been a good long while this time since I've had a diary, think this is number 4 overall. My last diary can be found HERE. Current debt now under 10K. :j This is mostly made up of loans we had to take out to cover the negative equity of the flat we sold a couple of years ago. I must admit we have slipped…
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My journey to health, wealth (well, saving for works to house, so not really!) and hobbies
Starting a new diary as feel like I need a fresh start/new motivation. 43, married, 2 young DC. Work almost FT (28 hours) in a professional job. No current debt (other than a mortgage) but been in serious debt in the past due to stupid choices, mainly to try to keep up with the Jones's. Still have a tendency to feel…
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My Intentional Journey to Debt Freedom
Hello everyone I have been following along for several years but only started posting recently. I have followed some inspiring journeys on this board and been amazed at the progress people have made - yet somehow never applied it to my own situation or considered that the lessons might be relevant to me. A little about me…