What Caused Your Debt in the First Place

tee_pee_2

jellybabies you are seriously better off without him. Your OH should be spending money on you, not booze and general SH**

lynzpower

No jellybabies, you are not a prize prat, but for many debt brings secrets, lies & deciet, seems to come with the territory!!

jellybabies_2

thats the only thought thats got me through this crappy time.
thanks bab.

Ali-OK

Mine started when I moved in with my partner to a rented property. Moved area (like 100 miles away) we then split and I moved in with a colleague (so mortgage, half ex rent, rent to colleague). Couldn't rent my mortgaged property as not in good enough state (was still doing it up).

Moved back (with child by ex) - nursery fees high, job less money = not balancing.

A back-ache turned into an emergency operation and off work for 6 months (thank goodness for Income Protection, but wasn't enough).

Had to give up my sports car, ended up paying extra (stupidly) to get right car so that I had some chance of a full recovery.

Move house. Do a few bits to house. Take fab promotion and stop watching my money. Overspend. Job takes toll on time with child, I drop a job level and £20K with it.

So a mixture of stuff that finally came to a head when I was heading into using overdraft territory.

Thank goodness for MSE - I'd made some headway with 0% cards and some better deals, but nothing so comprehensive, especially with a forum of like minded people, to help move onwards and upwards pretty sharpish.

jellybabies_2

thanx to lynz n tee pee for ya words of comfort.
best of luck with all the poo that we have to deal with. keep fighting it and if you get support dont knock it guys.

Chrismojam

Mine probably started back in '94......not long turned 20 and got an overdraft on my current account (only £100 to start with), then I got a credit card, spent on a variety of catalogues......was with prat of a boyfriend at the time (unemployed and he quite liked it that way...and why wouldn't he, he had a girlfriend who was working full time, going to college and paying all the bills etc (DOH!)

Then got a £1500 loan (ooh wow!) and consolidated my debts, but of course carried on spending on CC and catalogues.

I later got another loan for £6k.....which again consolidated some debts (but this one actually saved me money in that I had been stupid enough to sign up to the finance deal with Safestyle for my windows etc only thinking of the monthly payments, not how little of the capital they would pay off and how much interest I was actually paying....)

Signed up for finance deals on new boiler with British Gas (they are bloody expensive aren't they?) and a new bed (though that was 0%, still god only knows why I bought it, I can get a perfectly good one for probably a third of the price I paid for it!)

Erm..........the last one was a £15k loan about 2 and a half years ago which paid off the last off the last £3k of the £6k loan, about £1k finishing the boiler finance, and £3.7k on the rest of windows (I know.....I could have got it done alot cheaper by not going to the likes of Safestyle and Coldseal, but I was nieve (can't spell) and didn't have the readies!).

The rest of the loan was intended to be spent on the house improvements etc which some of it has been....about £2500 (although that does include 3 peice suite which we did need...though sorry we bought it now....nice enough but not that comfy..). The rest went on paying off OH debt of £1300 (which saved about £200 quid that the debt company decided to knock off to clear the debt) and visa payments that were too big to be paid by salaries alone (I have a thing about paying visa interest....hate it with a passion and avoid it at all costs if possible).....although every now and then I'll pay money back into the 'loan pot' to be used for the house......after all it wasn't there to pay off the visas.

So now I have about £7.8k left on the loan and £2.6 on 0% visa for the next 4 months ish...I intend for the visa to be cleared in time and then I'll probably throw more money at the loan to get rid. :T

desperatelyinthered

Mine satrted about 5 years ago, met my ex and was made redundant from a job!

Spent redundancy money on having a bit of fun, holidays etc, thinking I could get a job easily, which I could but on a salary much lower than I was used to!!!

I then spent years overspending, and consolidating then spending again, bailing out ex and well here I am seriously in debt, no partner to support me and can't afford a social life! doh... sorry having a bad day!!!!

halloweenqueen_2

tesuhoha wrote:

We were foolish cos we wanted our kids to have what we never did.

Maybe Al Capone was right - he said never make your children better than yourself.
However he did have tax issues!

tesuhoha

lynzpower wrote:

Tesuhoha - has he considered a a job testing computer games would he.? Worth a suggestion!! a mate of mine does that near leeds and gets a very respectable salary of 25k to start on that :money: :money:

That would be a job from heaven for my boy but i cant imagine that there would be too many vacancies! How did your friend get into it

tesuhoha

jellybabies wrote:

well my ex partner who i got engaged to spent 2 and a half years lying to me about money problems.first he told me he was 8 grand in debt.... then he admited it was 15 then a couple of months ago i found out despite tryin to "keep tabs" on his accounts,another 7 grand has appeared from somewhere. he will not do away with sky sports,booze,and god knows what else. i managed to stop him spending on cd's but only after countless lies catchouts and arguements.
and to top it all he finished with me because i didnt trust him!!!!!!!!!!
oh and he just got a £55.00 tattoo that he cant afford "cuz i wanted to !!!!!!!!!"
am i a prize prat or what?
stupid thing is.... i really really loved him...
doh

you would never be able to trust him, never in a million years cos he cant even see that hes doing anything wrong