Inge Got Debt Free
I have always aimed to budget properly. When I had work, I did my best to keep it and stay on top of my bills, most of the time, successfully. Unfortunately, I am prone to getting sick, despite trying to be as healthy as I can. Due to my list of more long-term illnesses, I often got to the point where keeping my employment was not possible anymore. Because of my reduced income on welfare, and despite my budgeting efforts,s I fell behind, more and more. I also made a poor investment choice, as it had turned out.
Was there a “light bulb” moment when you decided that you were going to get debt free?
There was never really a “light bulb” moment; I just did not want to stay in debt. So I searched for ways to get out of debt efficiently.
How long did it take you to get debt free? How did you stay motivated?
Overall, I was in debt for four years. After obtaining help from Debt Mediators, however, my debt was sorted out within six months.
What advice would you give to people with large amounts of debt who don’t see a way of getting debt free?
Don’t be afraid to ask for help. Definitely contact Debt Mediators: they are understanding and really helpful. I honestly did not see myself getting rid of my debt. Once you do it, you will never look back, and the weight of the world will feel like it is lifted from your shoulders.
What mistakes do you see others making with their money?working o
Cut up your credit card right away and just pay up what you owe on it—resolve to never have one again.
What was the most important thing you’ve learnt along the way?
BUDGET, BUDGET, BUDGET!!!! If you cannot afford it right now, then work it into your budget.
Do you have any goals you can achieve now that you’re debt free?
I am currently saving for some world travel. I am going to save up a deposit to buy a house or two. Rather than look at my financial probation time (as the lending world will see it) as a time to wait, I am looking at it as a time to save up and organise my finances for my dreams and aspirations.