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Posted: Mon May 30, 2011 6:39 pm
by No_Money
It's been one week since my Iva was approved, and already made my 1st payment , so only 59 to go. I hope the next 59 payments go quickly. Am viewing the 5 years as if the payments are loans. But it's good to know it's my hard earned money am spending and not the banks credit limit...
I imagine it will be very hard but am determined to make it work
Posted: Mon May 30, 2011 6:42 pm
by kallis3
I'm sure you will and I look forward to seeing your ticker changing each month!
Posted: Mon May 30, 2011 6:44 pm
by Broke of London
That's great NM...the sooner you get started the sooner you finish. xx
Posted: Mon May 30, 2011 8:46 pm
by luluj
WELL DONE - it will go quick I promise - before you know it you will be at annual review stage. Budgeting becomes a way if life and I am now six months out of my IVA and I still stick to my monthly allowances, and although we can now afford a treat or two each month we don't. We have created a list of items that need replacing and have prioritised them - right down to the kettle and toaster ! We could easily go out now and afford them, but I am determined to save each month to allow for the unexpected !
Stay posting on the forum and we will support you all the way !
Posted: Mon May 30, 2011 10:24 pm
by Shining
I agree time flies within an IVA, each month is a month closer to debt freedom is the way I look at it and some months are tougher than others but all will be worth it in the end. x
Posted: Mon May 30, 2011 10:50 pm
by Dumbeh
Hi
We too treat our IVA payments as a loan payment. I am really surprised at how much money we save with just a little thought and also quite scary on how much money we wasted in the past.
Good luck to you and hope you have a pain free journey.
Posted: Mon May 30, 2011 11:41 pm
by Grumple
From our experience the time flies, we are at month 61/72 and the only time that things have dragged are usually when something unexpected happens. Good luck for the duration and I hope that life is smooth for you!
Posted: Tue May 31, 2011 12:16 am
by darth-skint
Just remember your not paying interest while millions of people still are.
Don't count the months. Forget about it. It goes quicker than u think like most things in life. Don't let it be a big part of your life tho!
Posted: Tue May 31, 2011 6:31 am
by kallis3
I like counting down the months - each one is one step closer and I love watching my little ticker change.
Posted: Tue May 31, 2011 7:26 am
by Struzzo39
Yeah i love watching our ticker go down too. It fills me with pride and excitement too knowing we're that one step closer to debt freedom. The only downside i tend to wish my life away, wishing to the weekend as no work
and then to paydays so another payment will be off:) And in reality time is slipping by us all soooo fast . Good luck on your journey x
Posted: Tue May 31, 2011 8:04 am
by littlefi
That's fantastic, I hope I'm feeling that way in a couple of weeks time!
I think of it in terms of a loan too, although obviously I'm not accepted yet so don't want to jump the gun.....
Posted: Tue May 31, 2011 2:22 pm
by Rosepetal
no more money, great you're on your way now! hang in the littlefi....you'll be ok x
Posted: Tue May 31, 2011 2:35 pm
by No_Money
Just been into town ans saw some things I would like.. Now normally I would just buy them but today I had the courage to walk away.. Prous of myself as two weeks ago I wouldn't of!
Posted: Tue May 31, 2011 2:39 pm
by Skeef143
Snap - I've had loan repayments for so long now, it's just like a reduced amount for me. But it's amazing how time flies, I only got accepted a few weeks ago, and I will have made 2 payments as of tomorrow. Pooh Bear has even moved a millimetre or two across [:)]
Posted: Tue May 31, 2011 2:48 pm
by littlefi
Yay well done No Money for walking away from buying! I have to admit I changed a lot of habits a while ago thinking I could get the debt paid off my way, sadly not, but I've learnt some great habits in the last year, I don't buy anything randomly anymore I question every single purchase even certain food!!