Newbie in need of a boost

emlc27

Hi All I am new here, although I have been reading on this site for about a year now.

Like every one I want to be free NOW NOW NOW.

I am getting very organised with my finances although this is such a slow proccess.

and what annoys me is that "if" I could get one big loan to payit off my bills etc would only be £500 a month instead I pay £1200 month on trying to catch up GGGRrrrrr at my self for my younger days.

tessie_bear

try and stay motivated.....it will be worth it in the end

emlc27

I just cant see any light at the end of the tunnel. Although my debt with creditors are getting paymens now my bills are so high beause of my areeas. I pay 100 month for gas 91.50 for electric and I am hardly ever there. My council tax is 300 I dont know how I am going to pay back friends and family.

isgman

Hi, Keep you chin up.. Try sending in a SOA you may then get advice on how to change things / pay a beter way / Cut down in some areas. Good Luck

emlc27

I am currently in a DMP I pay £80 per month.

Arreas I owe
Scotish Power gas £400.00
southen arreas elec £538.88
Anglian £201.08
Council tax £2,250.31
Essex and sulfolk £135.08

Family I owe
Friend £2,000
dad £2,050

Debts I owe
pound till payday £327.00
payday express £380.00
ebay £185.76
BT £253.09
Welcome £2,821.86
British Gas £489.38
British Electric £291.77
Littlewoods £103.17
O2 £206.54
Alliance Bank £181.51
southen elec gas £93.10
Egg £1,000.51
Bay Trading £288.02
Next £214.82

Bills I pay per month
Rent £106.00
Tv Licence £13.00
Council Tax £290.00
Gas £50.00
Electric £50.00
Water Essex & suffolk £50.00
Water Waste Angleia £50.00
Petrol £160.00
Car Tax £10.00
Car Insurance £29.00
Credit Card £100.00
Phone Bil l£100.00
debts £80
Pluse ne t£9.99
BT £12.50
dad£200.00
Credit Cash Card £4.99
Total bills per month £1,363.48

Quincifer

You'll need to put how much money you earn and where from too.....

Not much to start with....is the £200 you pay your dad towards the amount you said you owe him? It might be an idea to ask him if you can drop it to say £125/£150/£175 a month for the time being, that way you'll still be paying it off but have a bit extra each month to help towards things.
Also the £100 a month phone bill seems high, is that including an arrear? Because If not then you must be paying more than you should.....

Don't worry, you are in the right place for advice!
xxx

emlc27

I take home £1415 per month from my job.

The £200 I pay my dad has already been reduced. I cant go any lower as He lent me the money from his overdraft. He doesnt have any money himself.

The £100 phone bill is also arreas yes.

Quincifer

Hmmmmm, how about the petrol too. Could you car share? Would public transport be cheaper for going to work etc?

Sorry I'm not great on the credit cards, interest rates and finance side but someone else should be able to help you on that!

xxx

emlc27

I work in the country (yes that is country in Essex lol) so public transport would not be an option. Also my job is a IT engineer so I need my own car to make visits to customers with PC problems.