Needs some help and advice with debts!

**Amy**

No problem. That link is quite good, also there are a few threads on here about it all, but its only worth doing if you have a lump sum to offer.

:beer:

dancingfairy

Have you tried looking on the snowball and see what difference using more of that spare £300 a month would do? It might help you to see how close you really are.
Also what about setting yourself a target like trying to pay of the water bill this month. This would then free up an extra £25 a month to go to another debt and prove that you were able to find an extra £150 out of that £300 'spare' .
What about joining the £10 a day challenge or something like that?

dancingfairy

If you could up your payments from what you are paying now to say £300 a month you could be debt free in about 6 months.

CLAPTON

the first key step is to find out where that 300 per month is really going... because if you actually had it you could clear the debts in less than a year.

the spedning diary people have mentioned is a good start.

do you really spend as little as 120 per year on clothes.. thats not a lot
or as little as 120 per year on birthdays and xmas
nothing spent on work lunches/ coffees/ magazines
nothing on dental / medical etc
any haircuts / hobbies
no holidays of course but any odd weekends away

you're moving to a new property... what about furnishings, decoration, bits and bobs...

amylou8

Thanks for all of the great advice, I am going to start a spending diary today to see where my money goes! I also forgot to mention I am a smoker so some of the money goes towards cigarettes (although hopefully not for much longer)

I will start my spending diary today and see how I get on.

Will keep you all posted! x