Mumsnet is like an alternative universe. Shamed for even having a mortgage now 😂Literally nobody on here ever says they have debt on thread like this, yet you hardly see an old car on the road these days! The majority of people cannot ‘own’ these huge houses, fancy cars and massive summer houses popping up everywhere completely outright.
These threads tend to be a playground for those who are debt free to boast at their successes and those with debt not comment, then feel rubbish that their lives haven’t been quite so lucrative.
Im in my 40’s, married, 2 children
£208k mortgage (£70k equity)
2 cars on finance (god forbid!)
£1k on a credit card 0% which will be paid by the time it ends
on the right side of a £20k loan (don’t faint mumsnetters!)
Approx £3.5k savings
I don’t ‘like debt’ but Covid sent us an employment curve ball and we’ve spent time fixing. I’m not ashamed and seems fairly typical in my circle of friends who all unfortunately suffered sizable financial and employment loses due to covid.
We have never ever missed a payment and had a plan how to fix our situation which so far so good. We have a comfortable lifestyle, enjoy a holiday every year and our children want for nothing.
So I’m posting honestly to say don’t panic if your in a situation like we were reading these threads and feeling like the only person in the world things have gone tits up for through no fault of your own. Don’t bury your head in the sand and move forward.
Other folk, stop being so judgmental! What bloody difference does it make to you how much Joe Blogg’s credit card bill is?
Im sure your mate felt fantastic after you called her situation astronomical.