Debt diary virgin..be gentle!!

Familygirl_2

Hello everyone

Well like many debt diary virgins before me I have been reading these inspirational diaries for quite some time now, and I have finally plucked up the courage to take the plunge. A little about me, I’m happily married, have a beautiful 1 year old daughter and we are in 27k of debt!!!! I know some of this debt was due to both my husband and I being made redundant last year, but the rest I couldn’t even tell you. I am so disgusted with myself for getting into such a mess, it really really upsets me at our financial position . It’s not like we even own our own home and have spent the money on doing it up, we rent, I would love our own home but how could we possibly do that and pay off these debts?? Thankfully OH and I are back in full time work, he works a lot of overtime to bring in extra £ and I am taking any course thrown my way to increase my salary. I feel like my life is on hold because of this huge debt, as much more than our own home – I would love to try for another child towards the end of the year. But am I being stupid for wanting another child when we have so much debt? We are actively paying off these debts, and have been for 3 years. Sadly before we started getting on the straight and narrow with our debts we missed a few payments here and there so our credit isn’t the best. Our interest rates are ok for the debts that we are paying, all except the credit card which I am desperately trying to move. So that’s me.. all £27000 of me!

planning_ahead_2

Hi

If you post an SOA the lovely people on here will help you work out where you can make savings.

Also if you visit makesenseofcards and use the snowball calculator you will be able to work out how long it will take to clear everything.