Our First Year on a Debt Management Plan | Debt Freedom | 2024 Goals |

[@dillydallybudgets]

With all the curveballs you’ve had thrown at you this last year you guys have smashed it!!!! Honestly, you should be so very proud of yourselves 🤩 and loving the plan for the next year 💕

[@50somethingbudgets]

Thank you 🥰

[@BudgetwithVee]

Wow how absolutely amazing!!! You have to be proud of how much you’ve managed to a choice both financially but also mentally x so happy to hear this

[@50somethingbudgets]

Thank you so much 🥰

[@BudgetingDoll]

You cannot put a price on good mental health and peace of mind i believe, well done wee doll your videos are always so interesting and explained so well, thank you 😊 xx

[@50somethingbudgets]

Thank you so much ☺️

[@dianebizzell669]

What awesome progress you’ve made in a year!!! I’m reaching the end of a 3 year debt repayment plan myself and the reduction in worry is enormous!!! Good on you😘

[@50somethingbudgets]

Congratulations on being near the end of your own DMP🎉 that must feel awesome 🙂

[@budgetwithlurve]

Catching up on your videos now ❤❤

[@thecannytally]

I really love your timeline vids. You've made amazing progress, be very proud xx

[@50somethingbudgets]

Thank you so much 🥰

[@lenairew3804]

What a great plan! Congratulations on how far you've come and on setting your intentions for the next 2-3 years. I'll be watching with great interest!

[@50somethingbudgets]

Thank you 🥰

[@YvonneOakes59]

This video pleases me so much as I’m so glad you are working towards becoming debt free. You really will feel ‘lighter’ mentally. I’m sure you’ll do it because you are very focused. x

[@50somethingbudgets]

I do feel like there is light at the end of the tunnel now 🙂

[@Grwmcarysxlily]

Wow I’ve been watching you for a year and you’ve come so far and I don’t usually comment as I listen while working or not sleeping hence the time of night 😂but you’ve done amazing and you sound so much happier in your voice. Super good luck for the next year, I have no doubt you will smash it xz

[@50somethingbudgets]

Thank you so much 🥰

[@chalkett2195]

What a great plan. I never seem to be able to plan as further than the year I’m in so I might try this going forward. Thank you for your videos

[@50somethingbudgets]

You are so welcome!🥰

[@theresas7272]

You have made great progress! It’s great to have a plan and see where to land. Aim for the moon, if you miss you will land in the stars. 🎯I look forward to following your progress!

[@50somethingbudgets]

If we don’t get to be debt free by Feb 26 we will still have massively reduced our debt and be on the home straight 😁

[@paulinetaylor2812]

Aw wow, well done to both of you, it just goes to show what you can do when the odds are against you, keep going and you never know you may just pay everything of quicker than you think, you deserve to.

[@50somethingbudgets]

Thanks so much!! ☺️

[@kathrynrice2824]

You are providing the content that is so helpful. Loved this debt summary and the one on job loss.

[@50somethingbudgets]

Thank you so much 😊

[@MyBigGirlBudget]

This is an amazing plan. Love how detailed it is. Feeling motivated to be a bit more detailed with my own plan ☺️

[@50somethingbudgets]

Thank you. Good luck with your plan x

[@MC-hn5go]

This is a FANTASTIC debt update vid 👏 So clearly explained Huge congratulations on what you have achieved already 👏xx

[@50somethingbudgets]

Thanks so much! 😊

[@piapedersen]

I love your videos. Well done on your progress! Mental relief is so important.

[@50somethingbudgets]

Thank you so much ☺️

[@roxyjinks9643]

Praying everything goes well for your plan!

[@50somethingbudgets]

Thank you 🙂

[@maxinesmith8167]

Fair play, this is amazing progress towards an ambitious goal. Well done 👏

[@50somethingbudgets]

Thank you! ☺️

[@manifestationbudgets]

Really interesting video, you've done so well so far. Here is to a really great 2024 🎉

[@50somethingbudgets]

Thank you! You too! 🥰

[@crunchingwithcris]

Love this video so much, thank you for sharing and I love to see your plans and goals and how you be debt free in 2026 😊 💗💙💗

[@50somethingbudgets]

Thank you 🥰

[@juneharpur2638]

What a fantastic video …your making brilliant progress xx

[@50somethingbudgets]

Thanks so much! 😊

[@Catsworld-u6x]

This was really interesting and great too see, great plan going forward ❤❤ xx

[@50somethingbudgets]

Thank you lovely 😊

[@mariajohnson6400]

❤ Absolutely blooming brilliant well done to you all as it is a family plan

[@50somethingbudgets]

Thanks so much! 😊

[@ernestineblackie369]

How are you so clear about debt management? I am a little confused is the three smallest debts outside the step change. Can you save towards your car for year 2026? Excited to hear your progress as a uk citizen, its encouraging. When is your next update planned please?

[@Cashstuffwithjazz]

I rememeber that video. You should be so proud of yourself you are doing amazing 👏 will carry on watching now ❤❤❤❤ thats an amazing amount to of paid off 🎉

[@50somethingbudgets]

Thank you so much 🥰

[@sallyannsimmons9142]

Very well presented and explained. Inspirational. Love your videos 🌸

[@gillianhope7742]

Fabulous x

[@50somethingbudgets]

Thank you ☺️

[@mindysbudgeting]

Hi new here looking forward to following your journey 😊❤

[@50somethingbudgets]

Hello and thanks for watching 😊

[@thebubblystuffer]

Great plan 😊

[@50somethingbudgets]

Thanks 🙂

[@Cc-np5bm]

When you guys paid off your smaller creditors, did you do that through stepchange? Or just pay the creditor yourself and then let stepchange know? Im just about to start a dmp with payplan

[@lifewithkayleyphoenix]

You have done amazing so far! And great to have a goal to snowball and move on! Cant wait to see you smash it ❤

[@50somethingbudgets]

Thank you so much!! 🥰

[@Showtime_Mike]

Wow, what a great video, I have just entered a DMP myself, i hope mine works out like yours. Please may I ask, did the creditors put up a fight at all about agreeing to the DMP? 🙏

[@50somethingbudgets]

We had no issues with any of the creditors. Our budget was in line with stepchange’s recommended spending on things like food etc which helped. Good luck with your DMP, it has really helped us get to grips with our finances 🙂

[@Showtime_Mike]

@@50somethingbudgets thank you so much for the reply, I hope I can get back on track just like you guys have👍

[@CaptainHookhatesBooks]

Best debt management plan companies to go through?

[@50somethingbudgets]

One that is free and doesn’t charge a fee like Stepchange or National Debtline.

[@f.odd1]

How does it affect your credit rating whilst on the DMP?

[@50somethingbudgets]

It ruins it completely and will take 6 years for the defaults to drop off.

[@lynnew2024]

I thought you could only do a DMP if you earn a low wage. Like if you have 1k a month left over can you still go into one? x

[@50somethingbudgets]

It doesn’t matter what your income is. If you don’t have enough income to pay your monthly payments after your basic living expenses then you may be able to enter into a DMP. We look like we have a lot left over but this is because my husband receives bonuses from work. Theses are not guaranteed and so are not included in our DMP. If we didn’t have these we would be on a much, much tighter budget. You can input your budget into the step change website or speak to someone on the phone and they can advise you what options are available 🙂

[@lynnew2024]

🥰🥰 thank you. x

[@katietwyford694]

May I ask who you did your plan with was it step change or another charity

[@50somethingbudgets]

Yes it was stepchange

[@paulinetaylor2812]

Credit cards are the work of the devil sometimes, we do have one but we only use it twice a year to pay for a weeks shopping just to keep it open just in case we ever need to use, we just put it away and to be honest it never crosses our mind to use it, we are not well off because we are pensioners but I suppose it,s just a buffer should we ever need it, just a thought that maybe that may work for you.

[@paulinetaylor2812]

Have you still have kid,s at home?

[@50somethingbudgets]

Just the one 🙂

[@jinx4645]

❤

[@50somethingbudgets]

💖

[@paulinetaylor2812]

Can you not change your mortgage luv?

[@50somethingbudgets]

Not until March 2025 ☹️

[@michellelucas6209]

❤

[@50somethingbudgets]

💖