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the long road to becoming debt free
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08-24-2007, 03:11 AM
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Diortarkivoff
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Oct 2005
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the long road to becoming debt free
this may be to personal to some of you guys but, how many of you guys are making major efforts to becoming dept free or are in so much debt that you cant really cope.
I had a few financial difficaulties left for me in the past primarily caused by an ex girlfriend and my self,but I am now officially 8 payments of 470 quid left so that should work out that in may 2008 I will be totally financially burden free and I can finally move on.
ive never been financially overstretched with my debts to the point of claiming insolvancy, and Ive never had to sell stuff to make ends meet, but a few friends have said that since they have been in the RAF they are more in debt. but for me its become the opposite ive purposely budgeted over the last 4 years of my RAF career to sort my self out.
I tell you what I can definately make my bugeted funds last a month and still maintain some of my lifestyle (going out ect)
I can definately see the light at the end of the tunnel and once im through I will not be going back there.
what I did is bite the bullet and lump all of my debts together and set it to be paid off all in 24 months and ensure that I wouldnt buy shite that I couldnt really afford/not essential to me, that included pc hardware tbh ive lost interest in PCs and I havent upgraded or bought any pc stuff since 2003 which I would say after the debts I was left with from a previous relationship would be the main culprit for syphoning money that could be used to pay my debts quicker.
so are you guys activley paying ur finances off as quickly as possible or are you letting em tick over accruing interest that makes you pay more off in the long run.
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