paying debts off but, will there be an end?

bugs_whats_up_doc

I have been talking to the CAB recently about my debts which total about £10,000 the offered some great advice and we have set up payment plans of £1 a months to none essential debts while we catch up with rent and council tax and stuff. we are quite quickly getting back on track now, and it worries me that we have absolutly no money when all the bills are paid, I was paid on the 22nd and have paid all my bills but we have no money at all untill we get tax credits of £40 on wednesday.

how am I supposed to be able to afford to start paying these debts off if I have nothing left at the end of a month?

milliemonster

Have you done an SOA yet bugs?, can you increase your income somehow?, if you're currently catching up n rent and council tax etc then once they're caught up you may be able to start making inroads into your debts again but if you can put up an SOA we can have a look to see if we can suggest anything

Happytogetdebtfree

you need to put a soa up so we can see where you spend, eventually things will tally out so you will be able to make the payments have you got things you can sell on ebay could youget a 2nd job chin up x

TotallyBroke

Use the https://www.makesenseofcards.com/soacalc.html
People can then advise on how to cut back

Well done it's a great start

SunderlandBlackCat

Hi Bugs

As time goes on you get better at finding ways of making money & also making what money you have go further.

As other's have said get your SOA sorted out & we'l be able to go over it & offer some suggestions.

Theres a tool for creating an SOA at

http://www.makesenseofcards.com/soacalc.html

hannahsmummy1

It might feel like there is no end in sight (believe me thats what i felt like!) but there will be an end. Everybody on these boards pulls together to offer some great suggestions (also see the up your income board as well) Every little helps (As tescos says) but its so true.