Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • don78
    • By don78 10th Aug 18, 11:30 AM
    • 24Posts
    • 25Thanks
    don78
    How many people know the full details of your debts?
    • #1
    • 10th Aug 18, 11:30 AM
    How many people know the full details of your debts? 10th Aug 18 at 11:30 AM
    How many people know about your true debt situation- actual amounts etc.

    I prefer to keep ours between my wife and I, however my wife prefers to be more open about it. This is causing some friction!
Page 1
    • DMP_Tiger
    • By DMP_Tiger 10th Aug 18, 11:39 AM
    • 126 Posts
    • 232 Thanks
    DMP_Tiger
    • #2
    • 10th Aug 18, 11:39 AM
    • #2
    • 10th Aug 18, 11:39 AM
    Myself, my wife, anyone who has read my diary on here, the fantastic people on the DFW board and the dog - a great listener and loves me even when she has to have Tesco Value Rich Tea biscuits instead of McVities....
    August 2018: Secured Debt 70,003 Unsecured Debt (DMP) 34,614 Total 104,617 DFD: March 2031
    • chelseablue
    • By chelseablue 10th Aug 18, 12:11 PM
    • 2,507 Posts
    • 2,966 Thanks
    chelseablue
    • #3
    • 10th Aug 18, 12:11 PM
    • #3
    • 10th Aug 18, 12:11 PM
    My husband and everyone on here
    Mortgage starting balance 231,000
    Mortgage after Year 1 225,000
    Mortgage after Year 2 218,000
    • MovingForwards
    • By MovingForwards 10th Aug 18, 12:19 PM
    • 178 Posts
    • 247 Thanks
    MovingForwards
    • #4
    • 10th Aug 18, 12:19 PM
    • #4
    • 10th Aug 18, 12:19 PM
    Close friends and my OH.
    • elleJay42
    • By elleJay42 10th Aug 18, 12:34 PM
    • 116 Posts
    • 855 Thanks
    elleJay42
    • #5
    • 10th Aug 18, 12:34 PM
    • #5
    • 10th Aug 18, 12:34 PM
    My OH knows exactly how much and my sister. Turns out she had more debt than me and by me being open about how I was fixing it she opened up about hers and we got her on the road to being sorted too. I don't hide my debt from anyone if they talk about it. The only person I wouldn't tell is my dad but that's because he'd offer to pay it off and I'd hate that. I spent this money, I'll pay it back!
    Total debt at LBM = 4861.03

    DFBXmas2018 #91 - 2677.14 / 3500 (76.5%)

    HTB ISA - 0 withdrawn for house purchase!
    Wedding Fund 1250 / 5000
    • natlie
    • By natlie 10th Aug 18, 1:22 PM
    • 1,116 Posts
    • 4,795 Thanks
    natlie
    • #6
    • 10th Aug 18, 1:22 PM
    • #6
    • 10th Aug 18, 1:22 PM
    Nobody just me
    First Debt Free Date: July 2014 I screwed up currently working on my second Debt Free Date
    • Willing2Learn
    • By Willing2Learn 10th Aug 18, 1:25 PM
    • 773 Posts
    • 602 Thanks
    Willing2Learn
    • #7
    • 10th Aug 18, 1:25 PM
    • #7
    • 10th Aug 18, 1:25 PM
    Nobody just me
    Originally posted by natlie
    aawww.It's good to share...
    Although, having said that, I didn't share my debts with anyone either...
    Last edited by Willing2Learn; 10-08-2018 at 1:31 PM.
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    • Newstart3
    • By Newstart3 10th Aug 18, 1:29 PM
    • 34 Posts
    • 37 Thanks
    Newstart3
    • #8
    • 10th Aug 18, 1:29 PM
    • #8
    • 10th Aug 18, 1:29 PM
    My close friends, my ex partner and his mother all knew about the extent of my debt. Him and his mother made some pretty shitty comments to people about it when we split up. They insinuated I wouldn't pay the rent and bills up until I signed the house over to him because I was already in thousands of pounds worth of debt and couldn't be trusted.... I was paying all the rent and bills anyway, he only miraculously found the money to pay his own way when I moved out. Bit of a rant there sorry!! I'd not be so keen to be open about it in the future, but then again I will never put myself in the same position again. Not keen on posting personal stuff on facebook, but you can be sure I'm having a debt free party when the time comes and posting photos to facebook lol
    TSB 3,303, MBMA 4,315, Barclays 4,463, Argos 1,260, Mortimer Clarke CCJ 2,174, Lloyds CC 1534, Littlewoods 796, Next 510, Wonga 123, , Lending Stream 1 130.87, Bensons for beds 1509, Lending Stream 2 255.96, Lloyds CC 1,534, Total Jan 16 21,908, Feb 20,412 Sept 15,515 Total Aug 18 3,303
    • chelseablue
    • By chelseablue 10th Aug 18, 1:31 PM
    • 2,507 Posts
    • 2,966 Thanks
    chelseablue
    • #9
    • 10th Aug 18, 1:31 PM
    • #9
    • 10th Aug 18, 1:31 PM
    My close friends, my ex partner and his mother all knew about the extent of my debt. Him and his mother made some pretty shitty comments to people about it when we split up. They insinuated I wouldn't pay the rent and bills up until I signed the house over to him because I was already in thousands of pounds worth of debt and couldn't be trusted.... I was paying all the rent and bills anyway, he only miraculously found the money to pay his own way when I moved out. Bit of a rant there sorry!! I'd not be so keen to be open about it in the future, but then again I will never put myself in the same position again. Not keen on posting personal stuff on facebook, but you can be sure I'm having a debt free party when the time comes and posting photos to facebook lol
    Originally posted by Newstart3
    All the stuff in your signature that's crossed out; is that the stuff you've paid off so far?
    Mortgage starting balance 231,000
    Mortgage after Year 1 225,000
    Mortgage after Year 2 218,000
    • UncannyScot
    • By UncannyScot 10th Aug 18, 2:37 PM
    • 1,571 Posts
    • 8,682 Thanks
    UncannyScot
    In RL a few of my family, a few close / trusted friends, my GF, my boss and of course my sisters n brothers on the DFW diaries board.
    BUGGRITMILLENIUMHANDANDSHRIMP I TOLD EM! - Foul Ole Ron
    It is important that we know where we come from, because if you do not know where you come from, then you do not know where you are, and if you don't know where you are, then you don't know where you are going. If you don't know where you're going, you're probably going wrong.
    R.I.P. T.P.
    • don78
    • By don78 10th Aug 18, 3:53 PM
    • 24 Posts
    • 25 Thanks
    don78
    I think it!!!8217;s the fact that our debts are so high that makes me embarrassed to discuss it. If we owed 5k, 10k or even 20k then I would feel differently I think. The reality is we owe well into the 60k!!!8217;s if I factor in my wife!!!8217;s 15k debt ( she does have the money to clear her 15k so I tend to not count that bit of our debt in our Totals).

    I would hate to see people!!!8217;s shocked reactions to our debt level, it would really get to me. It!!!8217;s hard enough admitting it to myself! My wife is more level headed and is ok with it as we have a plan to clear it.
    • pjcox2005
    • By pjcox2005 10th Aug 18, 4:20 PM
    • 550 Posts
    • 608 Thanks
    pjcox2005
    I think it!!!8217;s the fact that our debts are so high that makes me embarrassed to discuss it. If we owed 5k, 10k or even 20k then I would feel differently I think. The reality is we owe well into the 60k!!!8217;s if I factor in my wife!!!8217;s 15k debt ( she does have the money to clear her 15k so I tend to not count that bit of our debt in our Totals).

    I would hate to see people!!!8217;s shocked reactions to our debt level, it would really get to me. It!!!8217;s hard enough admitting it to myself! My wife is more level headed and is ok with it as we have a plan to clear it.
    Originally posted by don78


    Yes you got yourself in debt, and yes there probably would be some shock at the amount, but if a friend told me they were in debt and actively had a plan to sort it out then I'd be impressed and a little more aware when making suggestions but that would be about it.


    Not sure it changes anything but I've never been in debt so I don't think you have to have been there to be impressed with those dealing with it, and I don't personally think there should be any stigma attached.
    • NeverendingDMP
    • By NeverendingDMP 11th Aug 18, 12:38 PM
    • 93 Posts
    • 431 Thanks
    NeverendingDMP
    Me, here that's about it. Hubby isn't interested at all. Has no idea what he owes/we owe, what the mortgage is.... I've tried but now the best way is for me to monitor it all.
    Brother in law knows we are on a DMP as he came close to one to so gave him the information. Doesn't know the amount involved.
    35,213 Jan 2018, 32075 remaining.
    Mortgage 77230 Jan 2018
    75857 remaining.
    • HustleGang
    • By HustleGang 11th Aug 18, 1:40 PM
    • 22 Posts
    • 27 Thanks
    HustleGang
    When I was 6k in debt, I told my mum eventually, I broke it down to her bit by bit, wasn't easy though a real sense of shame and nothing to show for it at all.

    Told a couple of close friends too, that's it. I had a job so managed to clear it.

    Talking to some of my friends, even one of my cousin there is a lot of people in debt, you would never think. It seems to not bother them though, just bury heads in sand and they appear happy.

    When I was in debt I felt awful and crap all the time!
    • Newstart3
    • By Newstart3 13th Aug 18, 4:56 PM
    • 34 Posts
    • 37 Thanks
    Newstart3
    Yes got about 3k left to pay... its taken 4 years like !!!128522;
    TSB 3,303, MBMA 4,315, Barclays 4,463, Argos 1,260, Mortimer Clarke CCJ 2,174, Lloyds CC 1534, Littlewoods 796, Next 510, Wonga 123, , Lending Stream 1 130.87, Bensons for beds 1509, Lending Stream 2 255.96, Lloyds CC 1,534, Total Jan 16 21,908, Feb 20,412 Sept 15,515 Total Aug 18 3,303
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

4,348Posts Today

8,879Users online

Martin's Twitter
  • Ta ta... for now. This August, as I try and do every few yrs, I'm lucky enough to be taking a sabbatical. No work,? https://t.co/Xx4R3eLhFG

  • RT @lethalbrignull: @MartinSLewis I've been sitting here for a good while trying to decide my answer to this, feeling grateful for living i?

  • Early days but currently it's exactly 50 50 in liberality v democracy, with younger people more liberal, older more? https://t.co/YwJr4izuIj

  • Follow Martin