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  • FIRST POST
    • SeekingRedemption
    • By SeekingRedemption 10th Jul 17, 10:26 PM
    • 20Posts
    • 38Thanks
    SeekingRedemption
    Recovery from reckless spending
    • #1
    • 10th Jul 17, 10:26 PM
    Recovery from reckless spending 10th Jul 17 at 10:26 PM
    Hi all,

    I've been occasional reader of this forum for quite a while, but I've never logged on. I've decided to sign up because I recognise that I need to turn my life around, and that I need support & advice.

    I've always been a very straight-laced person. Always worked full-time, sensible with money, honest, loyal...etc, and I always pitied people who seemed to make a mess of their lives, without ever thinking it could happen to me.

    A couple of years ago, I was made redundant from a job I'd been in for years. I quickly got a new job, which I enjoyed, but I found the change in circumstances overwhelming, and went through a period of anxiety and depression. Shortly afterwards, my wife of 12 years (and the mother of my children) told me she didn't love me anymore and that she wanted me to move out. Then shortly after that, I was diagnosed with a serious health problem (which I won't go into).

    Over the last 12 months, whilst continuing to 'function' (ie. performing ok at work, being present for my children when needed) I've gone completely off the rails. Drinking heavily (usually alone), unable to stop, stumbling out of nightclubs into daylight. Waking up with no recollection of the previous night, but with strip club receipts for insane amounts of money stuffed into my pockets (I'd never attended, or even had the desire to attend strip clubs prior to this period). Gambling heavily, more drinking...etc Basically living like some sort of 70s hellraiser. And everytime I sobered up and spent 3-4 days feeling overwhelmingly depressed, I'd rationalise my actions as those of a man 'going through a hard time' and resolve that it was the last time. But it never was.

    Well, this time I know it has to stop. I'm almost £20k in debt, and whilst I can afford the replayments at the moment, I know if it carries on much longer I'll get myself in serious financial trouble, or worse.

    I'm going to do an SOA, I'm going to rigorously plan a budget, and I'm going to claw my way out of this mess I've got myself into. I'm also going to see my GP about talking therapies for my depression (I'm already on medication). I am thoroughly ashamed of myself, and the guilt I feel about the money I've squandered may never leave me. But I don't want this to be the end of my story, I want a happy ending.

    If you got to the end of all that, thank you. I hope you can be a source of advice and support, and that I in turn can support and advise others when I reach the other side.

    Cheers

    Danny
Page 1
    • EssexHebridean
    • By EssexHebridean 11th Jul 17, 9:51 AM
    • 7,556 Posts
    • 39,405 Thanks
    EssexHebridean
    • #2
    • 11th Jul 17, 9:51 AM
    • #2
    • 11th Jul 17, 9:51 AM
    Danny - good for you for picking yourself up and giving yourself a shake. The hardest bit is now done - you've faced your situation. It sounds as though whilst it may be a tough road clearing it you've caught yourself in time to make it achievable in not too great a timescale - get that SOA done and posted and we'll have a look and see what you can do.

    Remember to make the SOA accurate to the situation as it really is, don't be writing in figures that you think we expect to see as that's not helpful for you.
    MORTGAGE FREE 30/09/2016
    Sainsbugs 0% card: 22/12/16 £1229.00/£450.55 (14/08/17)
  • National Debtline
    • #3
    • 11th Jul 17, 12:26 PM
    • #3
    • 11th Jul 17, 12:26 PM
    Hi Danny and welcome to MSE,


    Well done for posting here and starting your new chapter. Once we can see your SOA we will be able to guide you more easily. If you are up to date and managing the payments it may be a case of looking to overpay the higher APR debts and/or look at 0% balance transfers to help your payments make more impact.


    If the payments have (or could) become unaffordable then we can talk you through how to renegotiate with the debts to pay what you can, or getting the help of a free DMP. And, if things may be unaffordable long term we could even look at the insolvency options. So there are lots of options out there to help, it is about finding the one that will suit you the most.


    However, lets do this one step at a time and start with a SOA. Best of luck,


    Laura
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
    • rockabillygirl
    • By rockabillygirl 11th Jul 17, 8:59 PM
    • 122 Posts
    • 717 Thanks
    rockabillygirl
    • #4
    • 11th Jul 17, 8:59 PM
    • #4
    • 11th Jul 17, 8:59 PM
    Hello Danny, there will be others along far more knowledgeable than I to offer advice, but want to wish you all the very best for moving forward in life x
    It will all be ok in the end - if it's not ok, then it's not the end!
    Saving for Xmas 2017 #10. :
    Sealed pot challenge #32
    Mortgage paid off.
    • consultant31
    • By consultant31 12th Jul 17, 2:44 AM
    • 4,715 Posts
    • 14,382 Thanks
    consultant31
    • #5
    • 12th Jul 17, 2:44 AM
    • #5
    • 12th Jul 17, 2:44 AM
    Hello Danny. There are others on here who can help you financially far better than I can but I'd like to congratulate you on your first step back to your old self.

    My son-in-law had a drinking and gambling problem, which I believe, inevitably leads to a debt problem. In his case, he had kept it from everyone in the family for a long time, then he and his wife (my daughter) had a baby and shortly after, everything fell apart.

    My daughter asked him to leave and he slept in his van for a while in a pub car park. Anyway, long story short - he banned himself from all online gambling sites, went into all the bookies he'd ever used and asked them to ban him from the premises and joined Gamblers Anonymous, then he started going to AA meetings, every night after work.

    We're now 18 months on and I genuinely believe that he has turned his life around.

    You need to post the SOA for financial help from the people on here, but join all the groups who can help you with your addictions, they're very good, non-judgmental and will (if you're committed) steer you on the right course.

    Good luck
    I let my mind wander and it never came back!
    • SeekingRedemption
    • By SeekingRedemption 12th Jul 17, 10:38 AM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    • #6
    • 12th Jul 17, 10:38 AM
    • #6
    • 12th Jul 17, 10:38 AM
    Hi guys. I really appreciate your supportive comments. It means a lot. I've set aside this evening to do a SOA, which will take a little courage if I'm honest, but it will hopefully allow me to step forward with a clear head and a plan. I've been looking at the 'earn £10 a day' thread which is a great idea, and something I'm going to try. £300 per month would more than cover the payment on my loan (my largest debt by far), and I've got literally thousands of books, CDs & DVDs I can sell. Hope is a wonderful thing, and just acknowledging I've got a problem (challenge!) on my hands has lifted a lot of weight off my shoulders.
    • SeekingRedemption
    • By SeekingRedemption 12th Jul 17, 7:37 PM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    • #7
    • 12th Jul 17, 7:37 PM
    • #7
    • 12th Jul 17, 7:37 PM
    Statement of Affairs and Personal Balance Sheet

    Household Information
    Number of adults in household........... 1
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details
    Monthly income after tax................ 2400
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 2400

    Monthly Expense Details
    Mortgage................................ 435
    Secured/HP loan repayments.............. 0
    Rent.................................... 550
    Management charge (leasehold property).. 0
    Council tax............................. 88
    Electricity............................. 29
    Gas..................................... 29
    Oil..................................... 0
    Water rates............................. 21
    Telephone (land line)................... 0
    Mobile phone............................ 59
    TV Licence.............................. 12
    Satellite/Cable TV...................... 45
    Internet Services....................... 0
    Groceries etc. ......................... 120
    Clothing................................ 20
    Petrol/diesel........................... 100
    Road tax................................ 14
    Car Insurance........................... 113
    Car maintenance (including MOT).........60
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 8.60
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 23.44
    Other insurance......................... 0
    Presents (birthday, christmas etc)......40
    Haircuts................................ 10
    Entertainment........................... 0
    Holiday................................. 0
    Emergency fund.......................... 0
    Charity................................. 0
    Adobe................................... 0
    Total monthly expenses.................. 1777.04


    Assets
    Cash.................................... 0
    House value (Gross)..................... 135000 (shared with ex-wife so really £70k)
    Shares and bonds........................ 0
    Car(s).................................. 4000
    Other assets............................ 0
    Total Assets............................ £74000

    Mortgage - £84000 (again, shared with wife so 42k)

    Unsecured Debts
    Description....................Debt
    TSB Loan .....................14225
    Overdraft......................2060 (although likely to be nearer to £3k by end of month)
    Barclays CC...................515
    TSB CC..........................1595

    Total unsecured debts..........£18395


    Monthly Budget Summary
    Total monthly income....................2400
    Expenses (including HP & secured debts). 1778
    Available for debt repayments........... 622
    Monthly UNsecured debt repayments....... 330
    Amount left after debt repayments....... 292

    Personal Balance Sheet Summary
    Total assets (things you own)........... 74k
    Total HP & Secured debt................. - 42k
    Total Unsecured debt.................... - 18.3k
    Net Assets.............................. £13.7k

    I hope that's not to difficult to understand for a first attempt! For groceries and entertainment I've put what I'm planning to pay going forward, rather than what I have been paying.

    Being recently separated, some items are a bit tricky. To summarise:

    - I'm still paying the mortgage and insurance on the house my ex-wife and kids live in, which counts as my 'child support' for the time being
    - My ex-wife can't afford to buy me out of the mortgage because she's part-time
    - I'm not sure I'll get 50% of the equity anyway (she may get more due to the kids living with her)

    Another thing to mention is that I'm a salesman, so my income fluctuates, so I've put down what I get more-or-less on average.

    The Barclays card has a limit of £8800, and I can transfer the balance interest free until Oct 2018 (2% fee), so switching the TSB CC and the overdraft onto that might by wise?

    Thanks for reading. I'd really welcome any advice.
    Last edited by SeekingRedemption; 12-07-2017 at 7:51 PM. Reason: Got a few figures wrong
    • Lucylocks
    • By Lucylocks 13th Jul 17, 8:07 AM
    • 92 Posts
    • 192 Thanks
    Lucylocks
    • #8
    • 13th Jul 17, 8:07 AM
    • #8
    • 13th Jul 17, 8:07 AM
    Hi, I really admire your honesty. Hopefully this forum will give you the support to turn your situation into a positive outcome.

    Couple of points that immediately strike me about your SOA are mobile phone and car insurance; both very high. Are you able too shop around for better deal in these 2?

    Also, you mentioned having kids. I would suggest a budgeted amount into entertainment for things to do with the kids. If you can get into a routine with regards accces to the children it will help you get into a pattern of behaviour which will hopefully reduce the temptation of slipping back into old habits. Routine can be a dull prospect but when you're trying to break a pattern of behaviour it is essential. Will also help forge strong relationships with your kids through whatever is going in with your marriage.

    For ongoing support have a look at starting a debt free diary on here

    Good luck!
    LBM 28/3/17 £24,971 28/6/17 £14,376 42% paid
    • Nagme
    • By Nagme 13th Jul 17, 11:10 AM
    • 312 Posts
    • 476 Thanks
    Nagme
    • #9
    • 13th Jul 17, 11:10 AM
    • #9
    • 13th Jul 17, 11:10 AM
    Best of luck going forward. I think you definitely saw where it could potentially go. I think alcohol can cause depression / low mood.
    July 2017 £20,864.
    • SeekingRedemption
    • By SeekingRedemption 13th Jul 17, 11:50 AM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    Thank you Lucy. I have the kids a 2-3 times a week so I think your idea is very sensible! I will budget £80 in, I think.

    Phone contract - runs out in January, at which point I'll seek to switch to SIM only.

    Car insurance - it doubled when I changed my details (moved to a higher-crime area, changed status from married to separated, removed my wife as named driver). Renewal is due in 4 months so I'll be shopping around.

    I'll start a diary. I scanned a load of old books last night and was offered over £80!
    • SeekingRedemption
    • By SeekingRedemption 13th Jul 17, 11:54 AM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    Thank you. Alcohol definitely left me in a depressed & anxious state for days after a 'bender'. When you throw in the fact that I'd usually wasted an absolute fortune the night before, it added up to some seriously grim times. I'm going to keep the Red Hot Chilli Peppers lyric "I don't ever wanna feel like I did that day" in mind constantly.
    • horseygirl2014
    • By horseygirl2014 13th Jul 17, 11:58 AM
    • 81 Posts
    • 400 Thanks
    horseygirl2014
    Well done for reaching your light bulb moment, and for realising that things have got to change. This is a huge step, and one that i'm sure will make you feel better even if the task ahead looks daunting.
    Alcohol will not help your anxiety or depression - speaking from experience. Once it is gone, you dont miss it - or i dont, and it will help stableise your moods (as well as your wallet).

    As far as your SOA is concerned, have a look at reducing your mobile bill if you can, its high. (Just seen reply - even a cheaper contract would be better) Also, is your council tax reduced for being single occupancy? May be worth considering (assuming your kids live with your ex-wife)
    The other thing i would do, as you rely on sales, rather than a fixed income, is that if you have a good month, put some money into your emergency fund, just to give you a bit of a safety net. normally id say use it to pay off your debts, but if you have a slow month, you dont want to be borrowing money or delaying existing payments.

    Good Luck, and keep coming back for support and asking questions. Its much easier with support
    Last edited by horseygirl2014; 13-07-2017 at 12:03 PM. Reason: edit to update - as took so long to reply
    Missing my money saving mojo.
    • EssexHebridean
    • By EssexHebridean 13th Jul 17, 12:33 PM
    • 7,556 Posts
    • 39,405 Thanks
    EssexHebridean
    You might find the SOA works better for you if you go directly to the link in the "Sticky" post at the top of this board - you've copied and pasted I think?

    The stuff others have mentioned stands out to me - yes, Mobile can definitely come down at end of contract, and MIGHT be worth you calling the supplier now to see if they'll shift you onto something a little cheaper. Don;t sign up for another 12 or 24 months to save £10 though - wait it out and go SIM only when the contract's up. That car insurance is horrific - definitely shop around but remember if you pay monthly you may not be able to cancel your existing policy mid year. You say you're sticking aside £60 a month for car maintenance which sounds good and might also let you start saving a lump towards next year's insurance - but where are you saving this as you're showing no cash assets?

    I'm going to shout about one thing - Contents insurance - GET IT SORTED OUT NOW if this is not just an oversight!

    Presents can come down a bit, and do you really spend £10 a month on getting your hair cut? Similarly clothing - maybe cut back to pants-and-socks-essentials-only for a while.

    Your figures actually look OK to me for the most part to allow you to make an impact on those debts. Having said that I'm wary that you've based your income on an average figure - you should really base it on the lowest you're likely to get, budget to live within that, and then throw any extra at the debts in a better month.

    If you can money transfer that overdraft onto 0% then so much the better - the revised SOA from the link will mean you can easily fill in interest rates and monthly payments but I bet that level of OD is costing you a bit, no?
    MORTGAGE FREE 30/09/2016
    Sainsbugs 0% card: 22/12/16 £1229.00/£450.55 (14/08/17)
    • SeekingRedemption
    • By SeekingRedemption 13th Jul 17, 2:04 PM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    Yeah, I'll follow the sticky at the top and try that, cheers.

    To confirm, the £60 for car maintenance is something I'm going to start doing. It's not something I've done prior to this point.

    I literally have nothing in my rented flat to insure. A borrowed telly, some books & CDs and that's it!

    Take your point about budgeting based on my basic income, but if I did that I'd have to stop paying the mortgage or give up the flat and move in with my parents in order to make the budget work. That'd be drastic, given that my real income is much higher than my basic. Of course, if the worst happens and I suffer a significant drop in income, I'd have to revise my plans.
    • EssexHebridean
    • By EssexHebridean 13th Jul 17, 4:24 PM
    • 7,556 Posts
    • 39,405 Thanks
    EssexHebridean
    You have clothes - probably clothes you use for going to work in. You have (potentially) your car keys and all manner of paperwork which would cost to replace. You have utensils for cooking and eating from, probably bedding, towels, maybe a mobile phone, perhaps oddments of stuff the kids might sometimes leave behind. Now imagine finding yourself in the middle of the night, standing outside shivering in nothing but your boxers having had to leave in an instant due to fire.... contents insurance will cost you well under £10 per month - at the instant anything goes wrong, it becomes the worlds worst false economy to NOT have it. Your situation is most certainly not bad enough that this should be any kind of question.

    You're going to have to proceed quite cautiously on paying off debt allowing for the way you've worked your income. If it were me I'd find an interest paying savings account and accrue a "lump" of money in there - maybe £500 - £1000 - this can also double as your emergency fund. Continue to pay the minimums to the debts but when you hit your desired target amount saved pay 50% of it to the most appropriate debt - then start building again. otherwise your risk is paying money to a card and then finding yourself short the following month because of that variable income.
    MORTGAGE FREE 30/09/2016
    Sainsbugs 0% card: 22/12/16 £1229.00/£450.55 (14/08/17)
    • SeekingRedemption
    • By SeekingRedemption 13th Jul 17, 5:58 PM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    I think you've won me over on the contents insurance. Never really thought about it like that! Will start shopping around.

    Yeah, you're right about the income. I'll tread carefully. Should be getting more like £2550 this month, so I'll put £150 into a savings account and keep doing that every month in case I have a dip. I also reckon I could raise £3-400 from selling stuff, so I could keep 1 month's rent set aside in case of a bad month.

    In around October there's a possibility that I' be able to move into a friend's vacant properly at a fraction of my current rate, which would suit me down to the ground until my debts are cleared.

    I just have to accept that I'm going to be living frugally for however long it takes me to shift the debt. Then I can gently raise my living standards again, but from a new perspective.

    It sounds mad, but I know the absolute worst thing that could happen for me right now is for 20 grand to fall into my lap, because that way I'll never learn.

    Cheers for taking the time to comment again.
    • Debtslayer
    • By Debtslayer 13th Jul 17, 9:42 PM
    • 346 Posts
    • 507 Thanks
    Debtslayer
    I think you've won me over on the contents insurance. Never really thought about it like that! Will start shopping around.

    Yeah, you're right about the income. I'll tread carefully. Should be getting more like £2550 this month, so I'll put £150 into a savings account and keep doing that every month in case I have a dip. I also reckon I could raise £3-400 from selling stuff, so I could keep 1 month's rent set aside in case of a bad month.

    In around October there's a possibility that I' be able to move into a friend's vacant properly at a fraction of my current rate, which would suit me down to the ground until my debts are cleared.

    I just have to accept that I'm going to be living frugally for however long it takes me to shift the debt. Then I can gently raise my living standards again, but from a new perspective.

    It sounds mad, but I know the absolute worst thing that could happen for me right now is for 20 grand to fall into my lap, because that way I'll never learn.

    Cheers for taking the time to comment again.
    Originally posted by SeekingRedemption
    When shopping around for insurance etc use a cash back site such as Quidco to earn money back
    Current Mortgage 01.08.17 £114,371.25
    MFW Start Mortgage: £114,794.64
    Current MED: 2036 Target MED: 2026
    Overpayment Target for remainder of 2017: £2,000

    MFW No 124
    • Debtslayer
    • By Debtslayer 13th Jul 17, 9:57 PM
    • 346 Posts
    • 507 Thanks
    Debtslayer
    Statement of Affairs and Personal Balance Sheet

    Household Information
    Number of adults in household........... 1
    Number of children in household......... 0
    Number of cars owned.................... 1

    Monthly Income Details
    Monthly income after tax................ 2400
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 2400

    Monthly Expense Details
    Mortgage................................ 435
    Secured/HP loan repayments.............. 0
    Rent.................................... 550
    Management charge (leasehold property).. 0
    Council tax............................. 88
    Electricity............................. 29
    Gas..................................... 29
    Oil..................................... 0
    Water rates............................. 21
    Telephone (land line)................... 0
    Mobile phone............................ 59 - wow this is huge, change to sim only as soon as you can
    TV Licence.............................. 12
    Satellite/Cable TV...................... 45 - does this include internet & phone?
    Internet Services....................... 0
    Groceries etc. ......................... 120
    Clothing................................ 20
    Petrol/diesel........................... 100
    Road tax................................ 14
    Car Insurance........................... 113 - wow I think you'll be able to drastically reduce this when current insurance ends. Look at using a cash back site to earn money back
    Car maintenance (including MOT).........60 - have you checked previous bills to achieve this figure?
    Car parking............................. 0
    Other travel............................ 0
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 8.60
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0 - this can be purchased very cheaply, again look at using cash back site
    Life assurance ......................... 23.44 - this seems really high, what does it include?
    Other insurance......................... 0
    Presents (birthday, christmas etc)......40 - this seems high, would you be able to cut in half?
    Haircuts................................ 10 - is it really £10 per month? How often do you get it cut?
    Entertainment........................... 0 - try to cut back in other areas to input a figure here for the kids
    Holiday................................. 0
    Emergency fund.......................... 0
    Charity................................. 0
    Adobe................................... 0
    Total monthly expenses.................. 1777.04


    Assets
    Cash.................................... 0
    House value (Gross)..................... 135000 (shared with ex-wife so really £70k)
    Shares and bonds........................ 0
    Car(s).................................. 4000
    Other assets............................ 0
    Total Assets............................ £74000

    Mortgage - £84000 (again, shared with wife so 42k)

    Unsecured Debts
    Description....................Debt
    TSB Loan .....................14225
    Overdraft......................2060 (although likely to be nearer to £3k by end of month) what's the interest?
    Barclays CC...................515 - what is the interest rate?
    TSB CC..........................1595 - what is the interest rate?

    Total unsecured debts..........£18395


    Monthly Budget Summary
    Total monthly income....................2400
    Expenses (including HP & secured debts). 1778
    Available for debt repayments........... 622
    Monthly UNsecured debt repayments....... 330
    Amount left after debt repayments....... 292 - do you really have this left each month? Start to try and build up a small emergency fund if you can with some of this

    Personal Balance Sheet Summary
    Total assets (things you own)........... 74k
    Total HP & Secured debt................. - 42k
    Total Unsecured debt.................... - 18.3k
    Net Assets.............................. £13.7k

    I hope that's not to difficult to understand for a first attempt! For groceries and entertainment I've put what I'm planning to pay going forward, rather than what I have been paying.

    Being recently separated, some items are a bit tricky. To summarise:

    - I'm still paying the mortgage and insurance on the house my ex-wife and kids live in, which counts as my 'child support' for the time being
    - My ex-wife can't afford to buy me out of the mortgage because she's part-time
    - I'm not sure I'll get 50% of the equity anyway (she may get more due to the kids living with her)

    Another thing to mention is that I'm a salesman, so my income fluctuates, so I've put down what I get more-or-less on average.

    The Barclays card has a limit of £8800, and I can transfer the balance interest free until Oct 2018 (2% fee), so switching the TSB CC and the overdraft onto that might by wise?

    Thanks for reading. I'd really welcome any advice.
    Originally posted by SeekingRedemption
    Hi
    Well done facing up to things and wanting a better future. First step is always the hardest, but you can sort this. Keep posting on here and don't be afraid to ask any questions
    Current Mortgage 01.08.17 £114,371.25
    MFW Start Mortgage: £114,794.64
    Current MED: 2036 Target MED: 2026
    Overpayment Target for remainder of 2017: £2,000

    MFW No 124
    • macman
    • By macman 14th Jul 17, 9:52 PM
    • 41,090 Posts
    • 16,842 Thanks
    macman
    Your motor insurance still seems incredibly high. Try putting your wife back on the policy again, it may well reduce the premium unless she has recent claims. Or one of your parents?
    I'd echo the comments on contents insurance: at present it's a far higher priority for you than life assurance, surely?
    £59 pm on a mobile means a very high end handset. So you can probably sell that for around £400. Buy a basic Android phone for £60, and that's worth 5 month's subs. See out the contract and then switch to SIM only for as little as £7.50pm.
    And drop the subscription TV channels-instant saving of £540 p.a.
    Last edited by macman; 14-07-2017 at 10:01 PM.
    No free lunch, and no free laptop
    • SeekingRedemption
    • By SeekingRedemption 14th Jul 17, 10:16 PM
    • 20 Posts
    • 38 Thanks
    SeekingRedemption
    Great advice on the phone, cheers. Is it not illegal to put my wife or parents on the insurance to save money? Just would be worried about it invalidating my insurance in the event of a claim.
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