Debt free Munchin!! Now to stay that way.....

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Munchin
Munchin Posts: 2,816 Forumite
First Anniversary First Post Photogenic Debt-free and Proud!
edited 1 October 2018 at 9:15PM in Debt free diaries
Hi all,

[STRIKE]After a few bumps along the road I finally became debt free on 29 January 2018 :j. [/STRIKE]

[STRIKE]I paid off about £26,000 in my last 3 diaries over the course of 10 years. I started my first diary to clear 1 lot of debt and then once it was gone...I took on more debt :o. So the purpose of this new diary is to start afresh with no debt :D (just love saying that) and to put down my savings goals and plans for the year ahead. I will do an SOA in the next post.[/STRIKE]

A little bit about myself I live in N Ireland with my OH and my fur-baby (dog).

During the coming year I want to focus on my savings and the main things are –

- An Emergency fund for a rainy day – hopefully £2000 by Dec and the second goal will be £10,000 and the final goal is £30,000.

- Holiday 2018 – we’re planning on going away for a week in Sept so will aim for £600.

- Finally a dream trip to the Maldives in 2019 – approx. £3000.

As I said in last diary in the months ahead my diary will continue to be about penny pinching….probably giving off to myself about frittering and mainly about getting my budgets funded.

Edit: Oct 2018 - debt created but a new bathroom to show for it:))
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  • natsplatnat
    natsplatnat Posts: 3,033 Forumite
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    Munchin wrote: »
    Hi all,

    After a few bumps along the road I finally became debt free on 29 January 2018 :j.


    Fab news! Well done! :beer:
    start = Wed 19th Nov 2008 £21,225
    end = Mon 28th Sept 2015 DEBT FREE!
    I love a good plan - it may not work.... but I love a good plan!
  • beanielou
    beanielou Posts: 90,290 Ambassador
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    Great result :)
    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.
  • Munchin
    Munchin Posts: 2,816 Forumite
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    edited 2 February 2018 at 5:09PM
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    Thanks Nats & Bea :).

    I was going to do an SOA but to be honest I know where I fritter and where I can make savings.

    Update

    Money - 02 Feb 2018

    Everything else - £[STRIKE]150[/STRIKE]/£98.52 left
    Groceries - £[STRIKE]80[/STRIKE]/£69.59 left
    Diesel - £[STRIKE]80[/STRIKE]/£80 left

    Surveys & Voucher (Additional income)

    Swagbucks - 482 SB (999SB = £5 paypal)
    Receipt Hog - 1352 coins (1500 coins = £5/ 2850 coins = £10/ 5300 coins = £20/12000 coins = £50)
    Topcashback -£0.78 payable / £14.46 pending
    Prolific - £6.81
    Travel expense (volunteering) - £5.60 pending


    Weekly Spends - w/c Sun 28th Feb

    Sun - 28th - NSD
    Mon 29th - £5 car wash, £5 donation & £2.65 (salad & milk)
    Tues 30th - NSD
    Wed 31st- £56.48 (Primark, M&S + lunch)
    Thurs 01st - NSD (1)
    Fri 02nd - £12 Hairdresser
    Sat 03rd -
  • Munchin
    Munchin Posts: 2,816 Forumite
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    Hi

    Just putting this here so I can find it in future-

    • Car Insurance - due 07 April 2018 - £400
    • Car Tax - £30 - due 01 July 2018
    • MOT - £30.50 test + costs to prepare car - due 12 Sept 2017
  • CapricornLass
    CapricornLass Posts: 668 Forumite
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    Woohoo!!!! Well done on finally getting debt-free! Isn't it a wonderful feeling?

    You are very sensible to carry on with your money saving ways. Its very easy to take your eye off the ball and find yourself back in debt again. I've had some close shaves in the last two years, and there are a couple of others on these boards who have found themselves back in debt after getting debt free.

    Good luck!
    Sealed Pot Challenge no 035. Fashion on the Ration: 24/66 coupons spent.
  • fatrab
    fatrab Posts: 1,231 Forumite
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    Well done.


    I hope to be in your shoes in 5 years time!


    Congrats :)
    You can have results or excuses, but not both.
    Challenge - be 14 Stone BY XMAS!

  • Lilith1980
    Lilith1980 Posts: 2,100 Forumite
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    Found you and subbed!
    My debt-free diary :)
  • Seasidegal58
    Seasidegal58 Posts: 5,677 Forumite
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    Congrats on the new diary!:beer:

    Have subscribed and will, of course, be cheering you on!

    SSG x
    Finally Debt Free! - July 2016 🌟
    Finished Emergency Fund- £10,000 April 2017
    🌟
    RETIRED: MAY 2021!!!!😀🎆
    My diary: “Seasidegal's Scrimpy Retirement Diary!”
  • glass_half_full
    glass_half_full Posts: 578 Forumite
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    Wow, congratulations, you must feel amazing!

    :T:T:T:T:T:T:T:T
    Aiming to early retire in April 2025 - DC pension currently £350k 
  • Munchin
    Munchin Posts: 2,816 Forumite
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    Hi Fatrab - you will be :D & your debt free date will be on you before you know it.

    CL - I’m Capricorn as well. My name appears twice on debt free roll of honour as I didn’t change my ways the first time :o

    SSG & Lilith - glad you found me :). You know it will be 2 steps forward & 1 back:D
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