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louisebutler
louisebutler Posts: 4 Newbie
in Debt free diaries
Hello all

I am new to this site and I wanted some help with debt. Please

Comments

  • hypno06
    hypno06 Posts: 32,296 Forumite
    10,000 Posts Combo Breaker
    Hi there, and welcome!

    I'm at work now, so can't type a long reply, but one of the others will be along shortly, I'm sure to give you some pointers.

    You are in the right place!
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
  • louisebutler
    louisebutler Posts: 4 Newbie
    Thank you for the reply.

    I have £14000 of debt but the stupid thing is i have 4000 savings but am scared to pay of the debt because what happens if i need that savings one day!!

    I know I am silly!
  • skint_spice
    skint_spice Posts: 13,547 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi Louise,

    Well done on facing up to the debt, if you look here http://forums.moneysavingexpert.com/showthread.html?t=107280 this will help you get started on tackling it.
    Mortgage OP 2025 £7050/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £34,965

    Money making challenge £78/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • beanielou
    beanielou Posts: 96,642 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Hi & welcome to MSE :)
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.     ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • louisebutler
    louisebutler Posts: 4 Newbie
    Thanks to all of you for your welcomes. It has been interesting reading htese diaries
  • gattina
    gattina Posts: 59 Forumite
    hello and welcome :-)
    (From £9000 in 2008)
    Overdraft = 0.00
    Credit card = £833.00

    Debt free aim 30th December 2011
    37 days to go!
  • BEAT_THE_DEBT
    BEAT_THE_DEBT Posts: 2,219 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Hi welcome to the debt busting journey!!!!x
  • Buffythedebtslayer
    Buffythedebtslayer Posts: 18,924 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi and welcome to diary land

    It is really interesting reading all the diaries isn't it! Full of very handy tips!

    I think to ease yourself in gently how about paying off 2000 pounds of your debt with your savings and then work out a plan (after posting your Statement of Affairs- soa) to pay the rest off?

    take care xxx
    Nevertheless she persisted.
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