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Make £1,500 to pay first month's rent and deposit on rented house

My situation, like many others, is a big old pile of debts. I'm very lucky though because I can get myself out of debt by selling my house and use the equity to pay them all off.

My house has just gone up for sale and once it sells, I intend to rent. My problem is this: because of all my debts I have no savings. Therefore no money to pay first month's rent and a deposit.

So, I need to make £1,500 before my house sells, which will be enough to cover first month's rent and deposit. I could have one month or six months to achieve this - who knows!

I can't take on another job (I already have two), so I need to get creative. I just listed a big box of old books for sale on Amazon (although to compete with everyone else they're only for sale at 1p each - this won't get me very far!) and I have some old clothes that I can put up for sale on eBay.

Any other ideas??
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Comments

  • I just made £5 for my pot already! I phoned my energy supplier and by turning off my boiler since my last gas bill, they reduced my monthly direct debit by £5.

    I also remembered that I saved £10 off my weekly shopping budget yesterday by swapping branded products for value ones. So there's another tenner in the pot.

    £15 down: £1,485 to go!
  • Just joined Quidco, ready to do my Christmas shopping through ...
  • Well I think I'll use this thread as a money-saving diary instead, considering I'm the only member of my lonely old thread :rolleyes: !! That's ok, writing it down is a real motivator so I'll carry on.

    Anyway I saved £10 off my weekly shopping yesterday by turning to value products and I did a load of batch cooking and made loads of bolognaise, chilli and beef casserole. As well as that I'm using up freezer and cupboard contents.

    Meal plan:

    Monday - Spaghetti bolognaise
    Tuesday - Fish (salmon - was BOGOF) and veg
    Wednesday - Chicken curry
    Thursday - Beef casserole with mash and veg
    Friday - Chilli
    Saturday - Fish (the other BOGOF) and stir-fry veg
    Sunday - Beef casserole (the rest of the one from Thurs) with mash and veg

    YUM :j
  • Just to let you know you're not on your own. I don't always post but I do like to read diaries, they're inspirational. I probably wouldn't be where I am now with my debts if it wasn't for reading diaries, I did it for months and months before plucking up the courage to actually post. So keep it up you'll be helping other people aswell as yourself !!

    Good Luck with getting your deposit. Have you had a look around on the other boards, there's plenty of suggestions there how to make extra money. Also join in a few of the challenges if you've not already. They keep me on the straight and narrow
    Initial Debt July 2020 - £6,772.80
    Debt now Jan 2021 - £6,208.21
    Overpayment pot - £0
  • Just to let you know you're not on your own. I don't always post but I do like to read diaries, they're inspirational. I probably wouldn't be where I am now with my debts if it wasn't for reading diaries, I did it for months and months before plucking up the courage to actually post. So keep it up you'll be helping other people aswell as yourself !!

    Good Luck with getting your deposit. Have you had a look around on the other boards, there's plenty of suggestions there how to make extra money. Also join in a few of the challenges if you've not already. They keep me on the straight and narrow

    Thank you for saying hello! I'm pleased to hear you like to read diaries - I will definitely keep it up then :beer:

    I've spent most of the afternoon looking through this forum so I'm getting lots of ideas!
  • salduck
    salduck Posts: 1,073 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    im following you as well !! best of luck- have you thought of a car boot sale?
    x
  • salduck wrote: »
    im following you as well !! best of luck- have you thought of a car boot sale?
    x

    Hello!

    No I didn't think of a car boot sale, but what a great idea! That would save eBay listing fees too. I'll have a look, see if there are any local ones soon. Thank you!
  • Oo there's a regular year-round car boot sale not so far from me held every Sunday. They charge £10 for a car - is that reasonable?

    Anyway I've never hosted my own boot. Any tips?

    Do I need to take a table or do I literally sell from my boot?

    Do I put price labels on everything? How much should I charge for things like a box of old eighties records for example? Or clothes in good condition (Next-type clothes)?
  • I got a random letter today, addressed to my maiden name, from the Northern Rock telling me a rate had changed on some online account. It didn't ring any bells, so I phoned them and it turns out I have an old account that I completely forgot about!
    Anway, I have the grand total of .... *drum roll* .... £26.64 in it!! :j :j

    It's on it's way back to me, so there's an unexpected, if small, boost to my deposit.

    £41.64 down, £1458.36 to go.

    I mentioned the car boot sale idea to my husband last night; he's pretty up for it and is going to have a root around this weekend for things we can sell.

    Oh, and I joined the 100 day challenge in another thread on here to give up takeaways. This won't save me anything that I could put in my deposit fund as I don't actually budget for takeaways - they just come out of my overdraft - a terrible, terrible habit I know.
  • rb6ac
    rb6ac Posts: 611 Forumite
    Jenny2008 wrote: »
    Well I think I'll use this thread as a money-saving diary instead, considering I'm the only member of my lonely old thread :rolleyes: !!
    I'm reading too! :j
    Jenny2008 wrote: »
    I have the grand total of .... *drum roll* .... £26.64 in it!! :j :j
    Wow, congruatulations! The same thing happened to me recently and I had £80 in there. Completely out of the blue, a lovely suprise! Anyway, no advice to offer but I'm loving your enthusiasm so I'll go back to lurking now! x
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