What did you spend your money on?

A question about : What did you spend your money on?

Having a bit of a day today and annoyed at myself at being so stupid!
Can't even remember everything I spent on my cc/loan etc

So I am asking you: What did you spend your money on to get into debt in the first place?

Oh I remember some now:
went on holiday with my loan
Went out for friends birthday
Lived off pdl to make ends meet
Bought a car (no longer have that one now it got take off me)

What.an.idiot.i.am

Best answers:

• mine's gradually built up over about 14 years. i hit 18 , had a good job, moved in to a nice flat got a new car on hp etc. then the company went bust, got a loan to consolidate so that was Ј15k straight off. met my hubby to be , got married, that was another Ј4k as we hadn't saved enough. got pregnant , rushed to buy a house , was way to small and i hated it, with fees , deposit and selling only 2 years later that cost us another Ј7K, i had 5 years off work whilst being at home with 2 kids, that added the last Ј4k which was mainly on holidays over the 5 years.
  just setting up a dmp with stepchange , only paying Ј100 a month to give up some breathing space until i get qualified (currently studying to become a radiographer) then we can up the payments and really hammer it down!)
• I had the usual things:
  - the odd holiday (although I will say, there were only 2 - not one every year!)
  - furniture: a lot went on this as I had nothing when I first moved out (and nothing like Free*cycle in those days!)
  - going out (a lot!)
  - handbags (my downfall!), clothes etc
  Then when things got bad - really using credit to buy food as all my wages were going on min payments .... and it got worse & worse from there!
  So ...... nope, not a lot to show for it either.
  Looking round my living room just now - there is not one thing in it (furniture wise) that I have actually bought new - mostly hand-me-downs with the odd thing bought at the 2nd hand shop ...... and you know what - I love it!
• A rather large bench for the garden, our daughter's wedding dress, food for the reception, a Xmas ride on the Orient Express and council tax! I do like that bench though
• Wow how was the orient express? I would love to do that one day!
• Mine was bills etc whilst I was at uni - all the money from one part time job was being saved up to buy a saddle for my horse, the other part time job didn't provide enough to cover everything that I had to pay so I slipped into my overdraft and once into it... well I'm yet to get out of everything completely.
  It is pretty much the only thing about my life that I would go back and change. For the sake of probably 2 more months saving up. At the time though, getting a saddle so I could ride was the most important thing to me. Hindsight is a wonderful thing, although now that he is retired through illness I am very glad that I got the saddle and had that time to ride him.
  I have definitely lived above my means though for the last 6 years. The last maybe 4 months I've been much much better at staying within my limits, but I'm finding it hard to juggle the bigger irregular expenditure (like car costs for example) because I haven't got any leeway or savings. Next month will be particularly hard I think, it depends how my MOT goes!
• Well done DD and even though you did get that saddle too early as you didn't save for it you rode your lovely horse before his retirement! Now onwards and upwards from now on! Goooooooo team DFW's
• Initially it was paying a mortgage for a few years whilst going through divorce on top of paying rent for somewhere to live myself.
  After that it was little things like overspending on petrol and food but then the killer was the last few years using credit to pay interest that was getting charged.
• Only wish I could say I'd enjoyed holidays, nice clothes, nice car etc.
  Its been 17 years on a continual cycle where one of us being made redundant - using up any savings to pay basic bills - running out of money so using card to buy food or pay for the worker to get to work - getting a new job - starting to repay debt - being made redundant again before debt repaid and any savings built up.
  Just have to have a good cry, pick myself up and get on with it.
• Car repairs
  gig tickets that I promised myself "I'll pay in full next month"
  Textbooks for uni
  Food towards the end of term
  Clothes for work from catalogues
  Now 3 years out of uni and the debt has gone down from Ј2700 to my signature. I think I've got a nice balance between paying debt and living well, and there's room to make adjustments if I want to pay more
  I keep clothing budget, and a gig budget so I can still enjoy them, but only if I've paid at least Ј100 off my debt each month. (Usually I pay more)
• Beer, food and a shed load of nothing of value.
  Until I got Ј22k in the hole and couldnt make the minimum payments on my cards and then started a DMP with Payplan.
  83 months now gone and only 7 more till I`m DF.
• Mine started when we moved house a bought all new appliances curtains, bedding etc.
  Then it was just day to day living expenses food shopping mainly so nothing really to show for most of it!!!
• I haven't used a credit card in twelve years and to be honest don't seem to have any problems getting by without one.
  I had around ten in the nineties and did try to pay them off each month but looking back can't believe how much I paid for everyday items.
  Then
  I had a two year old BMW which I paid around 11,000 pound for with personalized plates and was paying around 1000 pound per year insurance as well as expensive BMW dealer servicing and maintenance.
  Now
  I have a 500 pound second hand scooter which gets me every where I want to go for next to nothing.
  Then
  I paid around 2500 pounds for a p75 desktop computer and printer with windows 95 and a one gigabyte hard drive.
  Now
  I have a three hundred pound laptop with over 100 times the spec of my first pc.
  Then
  I paid 600 pound for a new three piece suite.
  Now
  I have a new leather two seater and chair which I picked up at an auction for round 50 pounds
  Then
  I was paying 100 pound a month council tax
  Now
  No council tax ( I live in Thailand)
  Then
  I paid 200 pound for a brick sized call phone with line rental at 15 pound per month and calls at 50 pence a minute.
  Now
  I have a 600 baht (12 pounds) cell phone with running costs of around 200 baht a month
  Then
  Two hundred pounds for a video recorder.
  Now
  Twenty pounds for a DVD player.
  Nowadays you can live the good life for a lot less than you could in the nineties.
  Does anyone else have any then and now scenarios they would like to share?
• This is like my story. I spend money on cars and gadgets and had a lot of debt. Now I have sold a car and many gadgets. I work hard and pay many extra payments and my debts is almost gone. This site is a very good help for me and I thank everyone for the support.
• My came from the fact my wages would only cover my extravagant day to day lifestyle after rent and debt payments. This meant holidays would go on the card (ie the flights and the hotel) and I would promise myself that I would "pay that off" next month but in reality I would only make the minimum. Went on for years luckily never got too far in the hole and I'll be clear of all debt by christmas. Lucky escape.
• I spent my money on living costs whilst at uni. My parents didn't pay anything towards it, and it was an expensive place. I was trying to fit in - and that has continued.
  I drive a nice car, I have nice clothes. Would I change it? Probably not. A few months of pain and it'll be gone. And I'll still have my memories of a good time at uni.
• General living costs while at university. We both did PhDs so nine years at university with minimal support, even with part-time jobs it wasn't possible to stay out of debt. We did overspend though so we didn't need to be in as much debt. It was very much a case of "we're in debt anyway, what's another tenner?".
  It's interesting to see how many people cite university as a primary reason for getting into financial difficulty.
• Car.
  And thin air apparently
  None of which I've got today to show for the money that was spent!!!!