This is a bit like airing my dirty washing in public but it’s my blog and I’m gonna air whatever I want!
6 years ago I was in a bad place. I was in a relationship that I was really trying to make work, in a house I couldn’t afford my half of, in a village 50 miles from my main clinic trying to set up new clinics when I lost my first baby and ended up having an emotional meltdown.
I moved back into my parents farmhouse with a ton of debt, a failing business and in a really sad, scary, horrible place. I was facing bankrupcy but thanks to my parents help & support I pulled through and thankfully avoided it.
Unsurprisingly as the debt got smaller the urge to clear it became less important.
Last October I bought the most INCREDIBLE audiobook by John Cummuta called Transforming Debt Into Wealth and can happily say it has changed my attitude and life. I have found a new drive, determination and focus to get that last nasty bit of debt gone. I’m not gonna go into how the plan works as I won’t explain it as well as John and I would hate anyone to miss the point because my explanation was poor, suffice to say it makes debt clearing a major priority and I can’t recommend it highly enough.
I currently owe;
Credit Card 1 – £250 (sadly I’d cleared this one in November but had to put my cars MOT on it in December)
Credit Card 2 – £1059.66
Business Loan – £2416
I started the plan last November and on top of all my minimum payments I cleared an extra £371.87 from the overall debt. I took december off as my cash was needed elsewhere but am back on track for January (although I will be getting a tax bill and accountants fees any time now, so may have take February off too…) My goal is to have the remainder of the debt gone by the end of the year and then I will be able to start a savings plan.
If anyone else out there is gonna use 2010 to get their money stuff sorted please get in touch and lets help support each other along the way.