WE’RE DEBT FREE!!
£21,162 debt cleared
£377 p/w average paid to debt
For every time we’ve said no to going out.
For every time we couldn’t buy new things.
For every time we’ve sat and budgeted instead of just spending.
For every time we had to ask our friends to do something free… this was why ❤️
As most of you know we’ve been determined to be debt free (aside from our mortgage) before the end of this year.
Well we’ve made it with a full month left to spare. It’s been a hard slog for us to be honest and has completely changed how we think and how we act. A lot of this year has been about learning that it’s ok to say no to things. We can say no to each other; say no to other people and say no to instant gratification because we have a long term plan. However that ‘no’ doesn’t mean that we can’t live now as well- we’ve just changed the things that bring us joy.
A year ago if you’d asked us what we wanted when we were debt free I have no doubt we’d have listed a big bunch of expensive things. Now, while it’s true we still want some of them, the top things we’re looking forward to buying are a bit ridiculous. I cannot wait to be able to buy a new liner for my slow cooker and some branded rubber gloves. For husband he wants basmati (instead of long grain) rice and to be able to buy some crisp snacks on a weekly basis when we shop. That might seem a bit sad but sacrificing little things like that for the last year has all added up to being debt free now!
We will finally be in control of the money that we earn. It still feels a bit unreal that when I get paid at the end of the month we don’t have to give that to anyone. It’s just ours, to save, give and spend as we see fit! Normally I get paid, it goes into our joint account and then straight back out to pay the loan or credit card. We own absolutely everything in our lives now apart from our house. No credit cards, no overdrafts, no car finance, no finance at all actually. It’s all ours. Our motivation now is to try and save almost as much as we have been paying to debt. If we can get anywhere close then we’ll have our emergency fund sorted in the next 6 months which would be amazing.
It has absolutely, 100% been worth knuckling down for a year. It has changed our spending habits for life and made us allergic to debt! We mucked it up loads of times as well so if we can do it then definitely anyone can ❤️