Finally Faced up to Issue

Angyles

Jo_Rourke wrote: »

Welcome to the boards Angyle! :hello:

You've taken a great big step forward in dealing with your debts by posting on here and talking to your Mum - it is always easier if you are not feeling alone with your worries.




Having had a look at your SOA, I think the main areas are:

• Switch to Freeview if possible
• Reduce your grocery bill
• Check out costs of car sharing / public transport, as your petrol bill seems v high
• Start a spending diary (it is great as a spending detterent because you know you have to write everything down!)

Hope you are feeling a bit brighter - there are always people here on the boards to chat to - perhaps you could look at some of the challenges to motivate you and cut spending, like the Save on Lunches challenges and the No Spend Day challenges:


Jo

Thanks Jo

I have started looking at reducing groceries, mum has told me to ensure everything else is paid and I can always go there for food.

There is not much leeway in the petrol costs, I travel over 25 miles a day to and from work and work shifts so the public transport option is not possible.

Thanks for your advice though.

Angyles

I've loving all the advice I have been given here and the advice in other posts, am feeling so much better and feeling less alone.

In the past 5 days I've managed to make a saving of £23.07 from my monthly outgoings, had 3 No Spend Days, saved on 5 lunches, opened a new bank account in readiness for my DMP and earned £106.14 (Pre Tax) by working overtime.

gizmo111

Angyles wrote: »

I think I may have selected the wrong option on the SOA, this payment is Mortgage protection insurance.

Doesn't matter what its called - who are you protecting?

Angyles

gizmo111 wrote: »

Doesn't matter what its called - who are you protecting?

It is protecting my mortgage payments in the case I get made redundant, have an accident or am taken sick. In the current economic climate I felt I needed to protect myself against redundancy as there are so many companies making redundancies and ceasing trading at the moment. I have looked at the cost of this and have been unable to reduce it.