Starting to be debt free

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Jessie91

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Post by Jessie91 » Sat Jul 27, 2019 9:59 am
Today I finally received my email of the chairman’s report document pack confirming my Iva all accepted and the start date of payment and amount. So happy it’s all officially signed by myself and creditfix and can finally learn to live without the plastic now. I never knew how much I really depended on credit till now! Such a weight has been lifted off my shoulders and I can start to breath and learn day by day how life should really be without relying on credit!
Applying for a iva was the best thing I’ve ever done was a smooth quick progress for me all done within 3/4 weeks max as now I can see a brighter less stressful future for myself and family.
Please anyone if your struggling with debt please consider the Iva it’s a life changer. Long 5 years it will be but it’s worth it to be debt free at the end of it. 😊

Foggy

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Post by Foggy » Sat Jul 27, 2019 10:11 am
Well done. There will be struggles along the way, but you are going in with the right attitude.Look on the IVA as a tool to help you recover financially ( and there will be added mental and physical health benefits too) rather than an enemy to fight against for the next 5 years.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Jessie91

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Joined: Fri Jul 19, 2019 12:47 pm

Post by Jessie91 » Sat Jul 27, 2019 10:17 am
Thank you so much for your advice I will definitely do as you have advised. At times I did see the Iva as a worry and a failure on myself. But I know this was the right path for me, and I’m sure this will teach me a lot of things over the years to budget better and learn to deal with money a lot better also. Being able to buy something and think oh that wasn’t on credit and feel some kind is accomplishment from that. Even if it is a bag of nappies for my daughter or a weekly shop I paid that without the credit card and be proud!

kallis3

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Post by kallis3 » Sat Jul 27, 2019 10:18 am
Lovely post - I just looked at it as a 5 year loan and it would soon be over.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Jessie91

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Joined: Fri Jul 19, 2019 12:47 pm

Post by Jessie91 » Sat Jul 27, 2019 10:22 am
I never thought of it that way, and I had a 5 year loan before I got accepted.
Thank you to everyone on this forum that’s given me the hope and support throughout the whole process when I was down on my low and now on my high. Your all truly amazing people 😊

kallis3

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Post by kallis3 » Sat Jul 27, 2019 10:40 am
We all understand what you are going through having been there ourselves and come out the other side.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Jessie91

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Joined: Fri Jul 19, 2019 12:47 pm

Post by Jessie91 » Sat Jul 27, 2019 10:44 am
It’s great to know there’s support and people that have been through the same and can share there experiences and advice.
Any advice/tips anyone can give me to help me through my next 5 years highly appreciated.
One question though said on the brochure yearly annual review is my first one in a year I’m guessing?

kallis3

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Post by kallis3 » Sat Jul 27, 2019 10:52 am
It will be after your first 12 months.

You can swap to Aldi or Lidl or buy basics from any supermarket. Try doing some online surveys as it all helps towards Christmas and birthdays.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

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Post by Foggy » Sat Jul 27, 2019 11:02 am
As Kallis says, experiment with the supermarkets 'Basics' lines ... many are just as good ( some better) than branded lines. Learn when your usual store reduces stuff and where they stack it. Short dated stuff can still be frozen before the 'Best Before' date.
Don't keep cash in your pocket / bag. Only take money out when going to specifically buy something ---- it is amazing how much can be frittered away on the odd magazine, treat or chocolate bar !!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Jessie91

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Joined: Fri Jul 19, 2019 12:47 pm

Post by Jessie91 » Sat Jul 27, 2019 11:22 am
Thank you for all this advice I’ve written it down as doing food shop tomorrow so I’m going to try Aldi.
That’s a good one about not carrying cash didn’t realise that.
Thanks for all the tips it all helps 😊

DillyDally43

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Post by DillyDally43 » Sun Jul 28, 2019 1:22 pm
My IVA was 6 years but that debt free feeling at the end is well worth it!The alternative was terrifying and I no longer worry about my finances on a daily basis.Stay strong and there is light at the end of the tunnel.!!.

Jessie91

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Joined: Fri Jul 19, 2019 12:47 pm

Post by Jessie91 » Sun Jul 28, 2019 2:24 pm
Thank you can finally see that it was a good choice and everything will work out in the end. And after 5 years it’s completed will be a real fresh start

kallis3

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Post by kallis3 » Sun Jul 28, 2019 6:40 pm
It's a great feeling to get to the end.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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