The Debt Free Roll Of Honour

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Comments

  • SavingSassy
    SavingSassy Posts: 39 Forumite
    Debt-free and Proud!
    Hi All,


    I am so happy to say that I am now debt free!!!


    a. The date of your lightbulb moment
     May 2013 - when looking to apply for a mortgage!
    b. Debts at their highest
    About £13,000 but £9885 at lightbulb moment.
    c. Debt-Free Date
    28th February 2014
    d. Your one perl of wisdom.

    If you have a little wiggle room - be strict, but not too strict. I gave myself a budget for everything, but gave myself a little extra room in there - If had to spend the whole amount then that was okay, I wouldn't beat myself up about it - it meant I wouldn't need to go over the budget, but I also knew I could try and be stricter and save it for my debt - this probably spurred me on a bit more to see how much I could save!
    e. Which MSE guides helped you
    All of the debt guides!
    f. Which forum threads helped you
    So many!


    I would like to say a huge thank you to everyone on here! I have learnt a valuable life lesson and I am hoping that I will never be in a situation where I am in debt again - after 10 years of being in debt,
    It is a nice feeling to know that £300 a month will be staying in my account and not going to someone else!


    Thank you again everyone!
    Savings target: £10,000 by December 2015!
    Total so far: £3470.00 = 34.7%
  • trying_hard
    trying_hard Posts: 449 Forumite
    Debt-free and Proud!
    a. The date of your lightbulb moment: March 2004 DMP from 2006
    b. Debts at their highest: £52.500
    c. Debt-Free Date: 4 March 2014
    d. Your one pearl of wisdom: Don't have it unless you can pay cash for it. I will never have a Credit Card, store card, loan, etc ever again.
    e. Which MSE guides helped you: Any of the debt guides!
    f. Which forum threads helped you: Trash to Cash 2010,2011 & Pay all your debt of by xmas 2012,2013,2014.

    Thanks to everyone on the boards. Lots of thanks to Stepchange who without their help, we wouldn't be where we are today.

    To everyone still in the thick of it, you can do it and you will do it and when you get there..... don't ever go back! xxx
    8 years of being on a DMP finished 3/3/14
  • beanielou
    beanielou Posts: 90,186 Ambassador
    Academoney Grad I'm a Volunteer Ambassador Mortgage-free Glee! Name Dropper
    The date of your lightbulb moment Was Feb 2006 when I found MSE.
    b. Debts at their highest About £20,000!!!!
    c. Debt-Free Date 3/3/14.
    d. Your one pearl of wisdom.~~Every little helps~~chip chip & chip away.It can be done.Break it down.
    e. Which MSE guides helped you
    f. Which forum threads helped you~~ DFW was my friend :grin:
    g. And if you had a debt diary on DFW, a link to it

    I didn't have a DF diary but I have been around the DFW boards for a long time~in with the bricks!!

    Although I am now DF I have further challenges to deal with.
    I will continue to plod.

    I managed the last wee bit with the help of a PPI payment paid to a close relative which they shared with me as I helped them get the refund.

    Keep going all~you can do it.
    As Martin says there is no debt problem that cannot be resolved~it may not be easy and it may not be quick but it can be done.
    Thanks to all the great people I have met on MSE~ I salute you all.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post 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 & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • skint_spice
    skint_spice Posts: 12,634 Forumite
    Name Dropper First Post Photogenic First Anniversary
    Delighted for you Beanie:T:j:T - you are a source of support and comfort to so many of us with your wise words.
    Mortgage End Date: Apr 36/Aiming for Aug 28/Current Sep 35

    Mortgage OP 2024 £2250/7000

    Mortgage balance: £52660

  • fermi
    fermi Posts: 40,546 Forumite
    First Anniversary First Post Combo Breaker Intrepid Forum Explorer
    Congratulations Beanie. :) Lovely news today.

    (Goes off to give MSE Badger a prod....)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • beanielou
    beanielou Posts: 90,186 Ambassador
    Academoney Grad I'm a Volunteer Ambassador Mortgage-free Glee! Name Dropper
    skint_spice wrote: »
    Delighted for you Beanie:T:j:T - you are a source of support and comfort to so many of us with your wise words.

    Thanks s s :o
    fermi wrote: »
    Congratulations Beanie. :) Lovely news today.

    (Goes off to give MSE Badger a prod....)

    :T & thank you for all your support along the way fermi:D
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post 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 & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Nargleblast
    Nargleblast Posts: 10,762 Forumite
    Name Dropper First Post First Anniversary Debt-free and Proud!
    Beanielou - brilliant news! I am so pleased for you!
    Hopefully, in August next year, I will too be announcing my debt-free status....only 17 months to go...
    One life - your life - live it!
  • Upsidedown_Bear
    Upsidedown_Bear Posts: 18,264 Forumite
    Combo Breaker First Post
    beanielou wrote: »
    Thanks to all the great people I have met on MSE~ I salute you all.
    We salute you :T
    I am delighted for you - well done :T:T
    Got you a badge until MSE Badger catches up :)

    debt_free_stickers-r81831c01be5647d6b5e59d1540c029e6_v9waf_8byvr_152.jpg
  • kazwookie
    kazwookie Posts: 13,836 Forumite
    Name Dropper First Anniversary Photogenic First Post
    fermi wrote: »
    Congratulations Beanie. :) Lovely news today.

    (Goes off to give MSE Badger a prod....)

    MSE badger is hiding in its sett away from all the rain we have been having!!:rotfl::rotfl:

    Beanie well done x
    Breast Cancer Now 2022 100 miles October 100 / 100miles
    Sun, Sea

    2024 7/28 lbs to go.
  • fannyadams
    fannyadams Posts: 1,741 Forumite
    Photogenic Name Dropper First Anniversary First Post
    SO PROUD TO HEAR THIS NEWS BEANIE! congratulations.
    just in case you need to know:
    HWTHMBO - He Who Thinks He Must Be Obeyed
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    DS#2 - my teenaged son
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