Where did it goo wrong!!!!

little_miss_troubled

Ive got myself into a lot of trouble and Im now struggling to clear any balances from my debts. My job is a bit shaky therefore Im in a panic about what income I will have in the future and I just want to clear off all my debts NOW!! I have no savings, I work part time any advice?

See signature for debt details. Here my monthly salary plus bill etc:

Total £754.

Bill total £300 - with no cuts backs available
Loan Pymnt £111
Car Ins £33.
Mobile Phone £15 (however will increase in May to £25)
Travelling to work £75 - train
Then min pymnt for my creditcards (£45 + £25 + £11)

Iam teffried !!!!

lilly81

Calm down, it will all be ok, can you post a SOA (statement of affairs) so that we can try and help with the out goings and get a clearer view of whats going on.

Good luck
Lilly X

little_miss_troubled

Well our household bills go into a joint account which I contribute too I need to pay in £300 exactyl not to let that go overdrawn and to make sure all bills are paid.

My car insurance goes onto a creditcard which I have £220 still to pay before I renew in March.

Mobile last bill £13.52
Loan is £110.80
Halifax Min pymnt £41.55
V mastercard £24.22
travel £75

Im not to sure how best to do a SOA. Ive just applied for a further c/c at 0% for 10 mnths so my largest creditcard balance I will transfer over to.

misspoppy

Hi

if you can't cut back you need to increase your income is there are reason why you only work part time, can you get a 2nd job bar work or restaurant work?

LittleMissSee

Hello!

Here's the link for the SOA:

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

If you complete that, then the experts on here can help and give you some advice.

Fire_Fox

little_miss_troubled wrote: »

Well our household bills go into a joint account which I contribute too I need to pay in £300 exactyl not to let that go overdrawn and to make sure all bills are paid.

Is that £300 a month including rent? How many of you in the household? Have you looked at switching supplier for your utilities/ phone/ net etc.?

little_miss_troubled

There are two of us in the household, my partners wages are not great either. We have both reviewed our bills account and we are paying minimun for most things. It seems to be our weekly food shopping that eats into the money. I work part time as I have a child in school my hours work around that. But I agree the income needs to come in and our food shopping will need to be reduced. We spend on average £65 £70 a week on food for 3 and with that we have nothing in our fridge