Want to clear debts and accumulate wealth

lifeonhold

So I just have to accept my situation, be sensible and do the right thing?

dark^knight

lifeonhold wrote: »

So I just have to accept my situation, be sensible and do the right thing?

Yes, to start with.

Triker

lifeonhold wrote: »

So I just have to accept my situation, be sensible and do the right thing?

No but in order to acheive what you want you need to move outside your comfort zone,

ideas to generate extra income

ebay, sell excess stuff, make stuff to sell

car boots sell your stuff

if you work in the public sector see what free or low cost/subsidised training/educaton there is, go after it

train yourself to do one household job very well, gardening, painting, garden fencing, then advertise locally, work weekends

do evening deliveries for Pizza places or other fast food joints.

election coming, put your name down to work in the counting halls

best tip, stick with this site, tons of ideas for moneysaving and accruing ideas

good luck.

Soubrette

Don't you have to show that you are actually insolvent to go bankrupt?

Are your incomings of £30,000 really not enough to service your debts and a reasonable standard of living? Do you have super high APRs or something?

Sou

Triker

Have a look on this board to get some ideas to generate more income and feel a little bit more in control of your life.

I find it helps if you make a deal with yourself that you'll do this for say...5 years and then you have the right to reassess and change your whole life direction if you want to. That way you know its not forever.

Soubrette

Triker wrote: »

Have a look on this board to get some ideas to generate more income and feel a little bit more in control of your life.

I find it helps if you make a deal with yourself that you'll do this for say...5 years and then you have the right to reassess and change your whole life direction if you want to. That way you know its not forever.

He's already posted on there Triker (and was told to come here )

Sou

lifeonhold

Sou,
No just 20k debts. After rent, bills, cc min payments/loan every month.....not much left. Just the rent and cc payments/loan every month total £1100. I take home £1850 a month and travel 30miles in the car to work every day.

Triker

Soubrette wrote: »

He's already posted on there Triker (and was told to come here )

Sou

:rotfl::whistle::doh:

I should've checked...:D

fermi

lifeonhold wrote: »

[FONT=&quot]Even if I went bankrupt I would still be paying out for 5 or 6 years to the courts.[/FONT]

3 years is the maximum, @ 50-70% of surplus income after living costs.

Antispam

OP also posted this in income forum.

30k a income is quite well, try living off 16k and pay a mortgage and raise a family if I can do that why cant you?