PLEASE HELP ME! see my SOA

Rikki

The only thing that looks really expensive to me is the mobile phone.

Without the phone cost and the loan repayment figure your monthly expenses are £443.
This would leave you with £437 a month left over (minus phone). You could use a large portion of this to reduce your overdraft.

I recommend you make a note of every penny you spend to give you an idea where the rest of the money goes.

Numpty_Monkey

Don't worry hun, and don't panic,
if you can seperate, what you pay for your car finance from your maintenance, that will help, and if you could put your monthly loan repayments in.
Take your time hun we will still be here

angelflower_2

you really need to redo and put your loans in as loans to make things clearer. Put your car loan in as unsecured debt along with the other one. You then need to cost up car tax, mot, regular repairs ie tyres etc.

Now your car tax seems quite high too....can you go on your parents car tax and get it lower that way?

In your loans, put in what the total is, what the montly outgoings are and what the apr is.

Hope that makes sense...

angelflower_2

also, sorry what are your assets of £9000? Can you not use some of this to pay off your debt? If its the car...can you downsize car?

pania

katie4 wrote: »

The car maintenance is actually how much finance i pay for my car each month, AND I SAID PREVIOUSLY I LIVE WITH MY PARENTS I PAY THEM £100 A MONTH FOR ALL FOOD ETC

Hi Katie,

People do occasionally spend sometime typing and posting their responses, therefore it is perfectly feasible that a few people missed you initially saying that you lived with your parents. also remember that advice is free here and as such some people only have the time to read the SOA quickly before posting their responses and again, may have missed this bit.

Put the loans in as loans and not hidden as car maintenance, to get the benefit of the amazing advice that these boards offer we need to know exactly what we can advise on and what is "fixed costs". do you buy yourself lunch during the day while you are at work? if so, that needs to go in as "groceries", despite that fact that your parents pay for the majority of your food.

Good luck and look forward to being able to help you out soon
P
x

beanielou

You can cut your mobile.its even bigger than my DS's!!!

mikelley

Don't forget new UK road car tax prices should be known. Car tax rates will be banded. The bands will be determined by the level of carbon dioxide emitted by cars and other vehicles. This website provides CO2 data for cars and other road vehicles and a car tax calculator.
http://www.cartaxprices.co.uk