Wake Up Day

tired_mum

just reading some of these threads and realise i am not al;one wish i could be a spend thrift need some help or i know i will start spending again have just shredded my 3 credit cards so i know i will be treading the right path just seem to get somwhere and then i am right back to the begining

JAMIEDODGER

start by posting your statementof affairs. a list of all your incommings and outgoings including debts and their APR's. and welcome to DFW!!!

tired_mum

how do i get the form up so you all can help ?

JAMIEDODGER

http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1089226742,17582,

try here. jdxx

grex9101

jamiedodger, just noticed in your sig that you're only paying 6.9% on your barclaycard. If you don't mind me asking, how did you manage this? i'm paying 16.9%!!!!

tired_mum

£696.27 studio
£150 per month for 14 months b/horse
£150 per month fo 24 months car
£3398.04 virgin card
£123.39 simply be
£660.59 cap one
£1851.45 cap one
£1038.98 barclaycard
£1020.54 egg
oh god it looks so bad written out like this

Willsnarf1983

yeah but wheres ur income? how much u paying on each card? what bout fuel, food, utilities etc, it should be a typical months income and expenditures


Will

tired_mum

well i earn 900 amonth
husband 300 roughly a week
child benefit 160 a month
mortgage just changed 650 per month
shopping 300 a month
gas and electric 90 per month
tv and broadband and phone 40 per month

little_miss_broke_2

Do you get any tax credits?

Gosh, £90 a month on your gas and electric? That's high. Are you in arrears with them? Is that why it's so high?

Could you list it all again in this format: (sorry to be a pain, but it makes it easier for us to read and then it's easier for us to help you ) all incoming for the month, totalled up. Then all outgoings (excluding debts), mortgage, bills, food shopping, petrol etc....., totalled up. Then all your debts, the total of each one, the minimum payment for each one and the APR's.

Don't panic, you've done the right thing, you've admitted you need help. You will get lots of help and advice here. It can only get better from now......

Lydia.42

jamiedodger, just noticed in your sig that you're only paying 6.9% on your barclaycard. If you don't mind me asking, how did you manage this? i'm paying 16.9%!!!!

Might have the answer to this one.......
Barclaycard were doing 6.9% on balance transfers for the life of the balance (not sure if this is still the case). OH and i moved everything off b/card in Jan and then filled it up again so all was at 6.9%
Give them a call and see what they will do.
L

sanfrancisco

Hey tired mum,

Getting out of debt is all about getting organized. Whilst you become debt free you will learn how important accuracy is. You need to start accounting for evyer penny. This sounds hard at the beginning when you are used to money falling through your fingers, but it is possible.

Why dont you start carrying round a book and writing down every penny you spend.

When trying to work out your budget you need to write down everything; tv, phone, mobile, petrol, car tax, birthdays, water etc etc.

Start a spreadsheet. You need to seperate debts and spending. Are you overspending each month. If you are you may need to contact the CCCS (Consumer Credit Councelling Service). If you are not or are close you will be able to cut back.

It can be done. It really can, but it takes commitment and organisation. Keep posting.