Worst thing I could have done changing jobs

pttl80

At the moment my outgoings and direct debits are very high meaning not much spare money at end of each month, I sell Avon and things on Ebay, things weren't going to well for the company I was previously working for so I thought I would find another job, I had already gone as high as I could in old job so I thought find another job with better prospects, which I did, however my old company pay 2 weeks ahead so when I left I wasn't owed nothing and had to wait a whole month until I got paid again which isn't until the end of this month, I changed all the dates of my DD's apart from one, my RBS loan, apparently they dont change dates or dont know how to, subsequently it has came out today and put me 200 overdrawn (nice), I think future wise my new job is great but at the moment I have worked out my DD's alone and I am in a worse state than before as now I have nearly 2 months worth of bills to pay with 1 months wage, Any words of encouragement please because I feel no matter how I try to get out of my mountain of debt I feel like I am being dragged under

hettiecarro

Hi

Welcome. Don't be discouraged. This will be a temporary blip - and if your prospects are better at your new job it will be well worth the sacrifice for 2 months.
Use the link below to put your SOA (statement of affairs)on here.
You will then have all the help you need to cross this hurdle.
Good luck. Others will be along soon but get that SOA done asap so we can have a look at it.

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

pttl80

Thanks for encouragement
Can't work SOA so here is list of my outgoings, can't believe I am writing these down
:embarasse
My monthly income 1000
Husbands 800 he contributes to bills.
Mortgage 491
Council Tax 96
Secured Loan 318
Rbs Loan 217
Home & Cont 13
Life Ins 9
Car Ins 49
Water 35
Catalogue 70
Catalogue 70
Next Catalogue 150 (payment I agree'd or debt collectors)
Argos Card 50
Food 100
Petrol 60
Sky 45
Internet 10
Phone 20
Total 1733

Carlos_Miranda

Well it seems like you are in great trouble. We should always keep in mind that we save some money for the future, how much ever little it might be just try saving it bit by bit.
One day you will definitely feel proud about it.
Start saving in pence and then by pounds. Every drop of water makes an ocean as this famous saying goes, you can certainly get a bright future by doing so. Dont waste any money for fulfilling your wishes ,become stingy for some days.then you will see the change in your life.
Cheer up!

frosty

Hi,have you spoken to the bank,maybe they could give you an overdraft so you are not being hit with bank charges.If you head over to the oldstyle board everyone there will help with the food bill,and give you tips for stretching what you have in the cupboards/fridge/freezer.
sky/internet/phone,is that a package deal from sky?

getmore4less

pttl80 wrote: »

Thanks for encouragement
Can't work SOA so here is list of my outgoings, can't believe I am writing these down
:embarasse
My monthly income 1000
Husbands 800 he contributes to bills.
Mortgage 491
Council Tax 96
Secured Loan 318
Rbs Loan 217
Home & Cont 13
Life Ins 9
Car Ins 49
Water 35
Catalogue 70
Catalogue 70
Next Catalogue 150 (payment I agree'd or debt collectors)
Argos Card 50
Food 100
Petrol 60
Sky 45
Internet 10
Phone 20
Total 1733

Try to do the SOA it gives a much better picture.
need top see the debts and the rates
£100 for food is low for 2

Cant hubby help? if the debts are joint the £800 contribution may be too low.
Which of the debts are joint(ie you both benifited from the debt) and which are personal.

I think you also need to decide if you are combining finances or not and seperate out the joint stuff from the personal.

TotallyBroke

Please do use the soa via the link it does really help as you are missing so much from the list you have given. Also while you are doing it look through the last 12 months of bank statements and work out exactly what you are spending in what areas.

Once you have filled in everything that applies then click on calculate and then press the mse button. This formats it correctly for mse.