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Which Debts to pay off
Comments
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my friend is in a skicky situation,and needs help!She was made redundant in nov and has not been able to get a job since.
She had alot of debt and only getting job seekers allowance.
Shes in denial and is desparate as to know what to do .
Anyone got any ideas on how to takle this she has 4 cc, 2 loans plus the usual debts that we all have but with only £236 per month coming in she cant make ends meet.0 -
Please please please pay off all of your debts. Adding 'value' to your house is a complete false economy at this stage in your lives.
Put very simply...
Pay off debts and pay no more interest on them - ever.
Then start a realistic savings plan to pay for the renovations - get interest on your savings!"Debt makes plans for you" - A quote from my friend Catherine. How true!0
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