charlieb79

get out of debt (read all 2 entries…)
Just sold house - horray! 3 months ago

Am on my way to clearing my debt now. Just received £5000 back from my house which, god knows how with the housing crisis at the moment, I managed to sell. Should be able to pay off overdraft plus a few other loans. which means I have left:

Credit card 1 £5500
Credit card 2 £250
loan £1500
total: £7250

I also have a car and student loan, which I pay off in instalements. Living back with my folks now so should clear this all in one year I reckon. If there is anyone reading this who is tempted to get into more debt – my advice would be, unless it is essential, don’t. Living a life in debt is no fun at all and I reckon there are going to be some tough times ahead financially.
It is astounding to see the numbers on the ‘get out of debt’ goal increase by the week. It seems that it is not just people in England who have spent beyond their means.

Aug 03, 12:04PM PDT | 1 cheer


Comments:

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Aug 03, 04:46PM PDT

charlieb79

Thank you for your cheer.

I know it is frightening. I think more should be done to inform people, especially young adults, of the pitfalls out there. I had my time of not worrying about it, but it catches up with everyone in the end.

Aug 04, 02:22AM PDT | Respond to this


charlieb79 has gotten 1 cheer on this entry.

  • sort77 cheered this 3 months ago

 

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