The recession made things hard for everyone. Like many families found we had more money outgoing than incoming. We were struggling and living well below the poverty line.
We cut back to bare minimum, lived simply and we paid every spare penny towards our debt. It took 6 years, but in 2014 we became debt free! We vowed we would never have credit again.
We discovered that if we used the money we had been paying on our debt, to overpay our mortgage, we would pay our mortgage off nearly 10 years early.
Our aim is financial freedom, to be mortgage free by forty. (for Mr T, I would be 38)