A New Debt-Free Wannabe!

BankerButNoBonus

Hi All!

I'm James, and I'm brand new here! I started getting the newsletter, and then browsing the forum,then I decided I should get involved . It's my 21st birthday soon, and I want to get my debts sorted, and get my !!!! in gear, before they get out of control.

A little background. I'm a bank cashier and I live with my parents in East Yorkshire. I love my life, but I have to start cutting down, pay off debts and start saving, because I want my own place!

I earn £12,500 a year, soon to rise to £13,500. I have current debts of approximately £1,700. I realise this is not a mega debt, nor am I drowning like many others here. However, I need to myself sorted, so that's why I'm here.

I'm planning to go through my incomings and outgoings with a fine toothcomb (what is the best way to do this?), and would appreciate any tips and tricks you wonderful people can give me .

So, long story short... Hi! Hope to speak to you soon

Numpty_Monkey

Hi James:hello:

welcome along, better you are here now , than when your debts got out of hand

the best things to do are
fill this in http://www.makesenseofcards.com/soacalc.html
use guestimates,, bank statements, credit statements it helps us and you spot things

The main thing you will get sugguested is to keep a spending diary
and just join in the boards:A

happyhaddock_2

Welcome James, and well done on joining:T wish I'd done it ages ago before the debts overtook us but it takes a while to have your lightbulb moment:o Good luck and keep posting:)

Tixy

Hi James,

Welcome on board. Numpty's given you the most important tips when starting to take control of your finances. The statement of affairs link he has given is a really good starting point, once its all written down in black and white you will probably spot some things straight away that you can change, then post the results on here and the rest of us will make some more suggestions.