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
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 24th Sep 17, 1:22 PM
    • 4,570Posts
    • 31,894Thanks
    HairyHandofDartmoor
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    • #1
    • 24th Sep 17, 1:22 PM
    Finally Debt Free After 34 Years, But Still Need to Live Frugally 24th Sep 17 at 1:22 PM
    My DH and I have been in debt for 34 Years, apart from brief periods, ever since I was offered my first credit card at the tender age of19.

    Our debts were caused by us being impulsive spenders and not being very skilled at budgeting or managing our money, so we know it is our own fault. We always believed that one day we would have more money, mysteriously, and that this would bail us out .

    Our full light bulb moment came when we realised, "What if we never have any more money than we do right now?"

    A couple of years ago we were coping with the minimum payments, but didn't have enough to overpay on any of them. We were forking out 1300 a month in minimum payments, and the interest alone was 1000 a month .

    But then in 2015 our small business started to bring in less, and a family bereavement, and illness affected our ability to work. We could no longer afford the minimum repayments and we were scared we would lose our home. We were stricken with stress and depression .

    Step Change shone a light in the darkness for us and they arranged for us to make token payments of 1 a month to our creditors. This saved our sanity and we were reassured that our home was unlikely to be taken from us.

    My DH recently turned 55 and drew out his pension so that we could make full and final offers to our creditors. All but one accepted an offer of 50% of what we owed (which is all we had to offer). We are continuing negotiations with the final creditor and hope to be debt free by Christmas .

    Being so close to being debt free has made me realise what a heavy burden the debts have been all these years, like living our lives wearing lead boots.

    Once we are debt free we will still need to live very frugally because we have no emergency fund or savings, and our income can be irregular. I hope that starting a diary will help to focus me on frugal living, avoid impulsive spends, and keep my spirits up. Because frugal living can be a lonely and isolating experience.

    This site and Step Change has helped me so much, and I hope that my diary will help to inspire others that it's never too late to change your life .
    Last edited by HairyHandofDartmoor; 18-11-2017 at 9:49 AM.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
Page 177
    • mummytogirls
    • By mummytogirls 13th Jul 18, 8:03 PM
    • 6,189 Posts
    • 22,758 Thanks
    mummytogirls
    Hope your Mum is ok HHOD xx
    Mummytogirls x

    23164.32 - 12/12/10
    5419.83 - 08/04/18 - 76.61% paid off
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 13th Jul 18, 8:06 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    Thanks MTG she's still in a lot of pain but as nothing's broken she should feel better in a day or two.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 13th Jul 18, 8:15 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    I've volunteered for two mornings in a row these last two days. It's been great fun as they've been rehearsing for their leavers assembly .


    I won't go back to the school until September now as I go to Scotland next week to visit my sister. That's come around quickly! My flight is booked but I need to book a coach to the airport. I'm looking forward to some quality sister time but wish DH was coming too.

    Yesterday afternoon I popped in to see my friend for coffee and a catch up. I hadn't see her for two months so there was a lot of catching up to do.

    It was quite hot again today (23 degrees) but with a slight breeze. I hope it's sunny when I'm away.

    I earned just over 6 this afternoon on YG surveys so chuffed with that .

    Hope everyone is having a good Friday .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Cumbria lass
    • By Cumbria lass 13th Jul 18, 8:31 PM
    • 1,972 Posts
    • 12,079 Thanks
    Cumbria lass
    I've volunteered for two mornings in a row these last two days. It's been great fun as they've been rehearsing for their leavers assembly .


    I won't go back to the school until September now as I go to Scotland next week to visit my sister. That's come around quickly! My flight is booked but I need to book a coach to the airport. I'm looking forward to some quality sister time but wish DH was coming too.

    Yesterday afternoon I popped in to see my friend for coffee and a catch up. I hadn't see her for two months so there was a lot of catching up to do.

    It was quite hot again today (23 degrees) but with a slight breeze. I hope it's sunny when I'm away.

    I earned just over 6 this afternoon on YG surveys so chuffed with that .

    Hope everyone is having a good Friday .
    Originally posted by HairyHandofDartmoor
    Your volunteering with the children is lovely. Your trip has come round fast , do you fly from Exeter ? Your sister is in Scotland isn't she ? It will be a great trip, DH will be ok , he was last time , but I guess you will miss him.

    Enjoy your Saturday jaunt if you are going tomorrow.
    CC1 3980 June 2018
    • Cumbria lass
    • By Cumbria lass 13th Jul 18, 8:32 PM
    • 1,972 Posts
    • 12,079 Thanks
    Cumbria lass
    Ha I meant to ask where in Scotland , was it near Inverness , that was where Seaside Gal went recently.
    CC1 3980 June 2018
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 13th Jul 18, 8:36 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    I fly from Bristol Cumbria. The nearest airport to my sister is Inverness, so she'll meet me there. I hope she's got the Prosecco in .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Cumbria lass
    • By Cumbria lass 13th Jul 18, 8:40 PM
    • 1,972 Posts
    • 12,079 Thanks
    Cumbria lass
    Bristol was my next guess. Not as far on a coach this time. Yay to the Prosecco.
    CC1 3980 June 2018
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 13th Jul 18, 8:42 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    Bristol was my next guess. Not as far on a coach this time. Yay to the Prosecco.
    Originally posted by Cumbria lass
    A lot quicker journey on the coach this time. A bit of hanging about at airports but I don't mind that so much as there's more to see.
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Jul 18, 7:24 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    I'm feeliing tired already but then I've done 11,117 steps already .

    I did my saturday saunter this morning. I got a book for 2 by JK Rowling called 'Very Good Lives' based on her speech to Harvard graduates, which I thought would be interesting. It's about learning from failure etc.

    It was a bit of a spendy day after that as I needed nail varnish for my toes (my current one had gone all weird and lumpy and I realised I'd had it for about ten years ), new sun block, hand cream and two more 100ml bottles for my toiletries to be decanted into. Plus I got a colourful strap for my suitcase as I nearly picked up the wrong one by mistake on my last trip .

    Apart from that it was bananas, satsumas, cheese and bread from Mr T and berries from the fruit stall. Not forgetting my real treat, my Costalot latte .

    When I got home I cleaned out the furry moron, emptied all the bins and separated the recycling and ironed three tops .

    The schedule now is shower, relax, dinner, cider and more relaxing in that order .

    Hope everyone is having a great Saturday .
    Last edited by HairyHandofDartmoor; 14-07-2018 at 7:25 PM. Reason: Typos
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • Sun Addict
    • By Sun Addict 14th Jul 18, 8:43 PM
    • 5,912 Posts
    • 39,188 Thanks
    Sun Addict
    Sorry to hear your mum had a fall, hope she's feeling better soon.

    Glad you got your saunter and latte. Enjoy your cider and relaxation tonight xx
    Virtual Sealed Pot 2018 296.07
    Debt 2300
    Weight loss 1/6LBS
    Emergency Fund 4000/10,000
    • beanielou
    • By beanielou 14th Jul 18, 9:23 PM
    • 55,462 Posts
    • 222,502 Thanks
    beanielou
    Glad that you enjoyed your SAturday saunter
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "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.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Jul 18, 9:56 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    Sorry to hear your mum had a fall, hope she's feeling better soon.

    Glad you got your saunter and latte. Enjoy your cider and relaxation tonight xx
    Originally posted by Sun Addict
    Thanks SA . My mum's still in a lot of pain but I'm hoping she'll feel a bit better soon.

    Glad that you enjoyed your SAturday saunter
    Originally posted by beanielou
    Thanks Beanie
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • beanielou
    • By beanielou 14th Jul 18, 10:04 PM
    • 55,462 Posts
    • 222,502 Thanks
    beanielou
    Have you heard from your DS?
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "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.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger.
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 14th Jul 18, 10:30 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    Yes he went to the royal palace today and even sent two photos .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • jwil
    • By jwil 16th Jul 18, 12:21 PM
    • 8,679 Posts
    • 26,886 Thanks
    jwil
    The book sounds interesting. Hope you enjoyed the rest of your weekend
    "If you can dream it, you can do it". Walt Disney
    • HairyHandofDartmoor
    • By HairyHandofDartmoor 16th Jul 18, 8:54 PM
    • 4,570 Posts
    • 31,894 Thanks
    HairyHandofDartmoor
    My mum is worse so I've been at the hospital most of the day . She is in terrible pain and there was some mention of early stages of kidney failure. It's very worrying .
    Finally Debt Free After 34 Years, But Still Need to Live Frugally
    Debt in July 2017 = 58,766 DEBT FREE 31 OCTOBER 2017
    NEW GOALS - Build Emergency Fund & Loss of Income Fund. Save for house repairs.
    "Tough times never last, but tough people do" - Robert H Schuller
    • beanielou
    • By beanielou 16th Jul 18, 8:57 PM
    • 55,462 Posts
    • 222,502 Thanks
    beanielou
    My mum is worse so I've been at the hospital most of the day . She is in terrible pain and there was some mention of early stages of kidney failure. It's very worrying .
    Originally posted by HairyHandofDartmoor

    Oh I am so very sorry to read this.
    Very worrying indeed
    Take care of you too xx
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 11 lbs **

    "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.
    It starts with you, it starts from now. *** It is ok to be me.***
    ***Keep plodding***
    Out of debt, out of danger.
    • Chrystal
    • By Chrystal 16th Jul 18, 9:28 PM
    • 313 Posts
    • 2,001 Thanks
    Chrystal
    Sending you (((hugs))) HH and hoping all goes well with your Mum. X
    GC. Oct.17 = 261.18/ 300 = + 38.82 NSDs 20/31
    GC. Sept.17 = 354.89/300 = - 54.39

    • please-let-me-be-lucky
    • By please-let-me-be-lucky 16th Jul 18, 9:39 PM
    • 8,900 Posts
    • 52,264 Thanks
    please-let-me-be-lucky
    So sorry to hear that Hairy. Hope your Mum is feeling better soon Xx
    Debts @ LBM 23,729.31. Debts @ 08/04/2016 0

    NSDs achieved in 2018 32/60
    Best win so far - holiday to Florida
    • redofromstart
    • By redofromstart 16th Jul 18, 9:47 PM
    • 1,835 Posts
    • 11,250 Thanks
    redofromstart
    Thinking of you and yours, hope they can help your Mum with the pain.
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

1,249Posts Today

8,194Users online

Martin's Twitter
  • What does resilience mean to you? For me it?s understanding my own limitations, physically and mentally? What about? https://t.co/CuuRLoQFTr

  • Donald Trump has apologised and admits he said would when he meant "wouldn't" when siding with Putin over US inte? https://t.co/z1CRJSkEO1

  • About to watch #AckleyBridge on C4+1. I do enjoy it, even though I always feel somewhat stressed and depressed after watching.

  • Follow Martin