I really can’t believe this, but yesterday I made my 12th payment into my IVA, and the first year has absolutely shot past! One year in, my life has changed beyond all recognition. A year ago my finances were a complete mess, I was worrying about making all my minimum payments and each month getting deeper and deeper into debt.
After spending much time here on the forums researching, I met with Melanie and her team in Cardiff, and my financial life has slowly been rebuilt from there.
Sure there have been some dark moments, but to know that I’m now 20% and 1 year through is a huge psychological boost. My message to anyone who is thinking of an IVA is to make contact with an IP, and for want of a better phrase, have a chat. I couldn’t be more pleased I did, as I know exactly where I stand each month, and any money I spend is mine – sounds a silly thing to say but it’s very reassuring!
Every month I have learned to budget a bit better, and its so satisfying when at the end of the month there is a little left – something I couldn’t have said for a very long time before!
I have just submitted my 1st year I+E form and am nervously awaiting the response to see if all the figures are OK and I can continue paying the same amount.
See all of you at the frugal friends meeting in a couple of weeks in Birmingham.
Trevor.
12 Payments down, 48 to go. (20% down – already!)
