I'm £110000 in the red now due to RYR Type Rating but its good man
£110,000 should buy you an Audi R8, Aston Martin DB9, or 10 Fiat 500 Sports.
It might, subject to an Engineers inspection, buy you 2 Stampe biplanes
It could by you a 2 bedroom semi detached house in Birmingham
It may, depending on spec, buy you a 30' yacht.
It will buy you a "frozen" ATPL, 737 type rating, and a job with Ryanair. Possibly.
I'm not saying not to do it (although I probably wouldnt at the moment if I were you); I'm just saying £110,000 is not just a number. It's an awful lot of money.