Can't afford to rent...HELP!

outtadebt

Hi,

I am approx 16k in debt and was planning to move in with my girlfriend (who has her own place) next month. Our relationship has taken a turn for the worse and after 4 years of waiting for her to commit to doing this I've just had enough. 8 months ago I said that to her that she needs to commit by December or we're pretty much done. Because I think 4 years is plenty of time to make your mind up and to 'get on'!

Now it doesn't look like we're going to move in but I've basically put all my eggs in one basket and don't have enough money for a deposit to rent a place and am covering my debts and just about getting by each month.

I have been living with my parents for the last 3 months and said to them that I would only be here for 2-3 months before moving in with my girlfriend. They keep nagging me now asking when I'm going to move in with my girlfriend. I can't tell them about my debt and I can't afford to put money down for a deposit, what should I do????? Help!

grey_lady

Get a second job and put the money aside for a deposit.

Ulfar

Have a difficult conversation with your parents. Are they likely to boot you out ?

outtadebt

I just couldn't tell them. My life probably wouldn't be worth living!

MrsTinks

Well if you can't afford to rent your own place what about a house share or renting a room? It's cheaper, it's often less formal and it can actually be very social if you pick someone you think you have a good chance of getting on with...
Tell your parents that you and the GF are breaking up, you're looking for somewhere else as soon as you can and then look at how soon you can get a small deposit together for renting a room in a house or flat...

tomitma

The only thing you can do is get a second job, or look around for a flat/house share, it is not easy renting a place on your own, it is just as expensive as it would be if there is two of you, the same bills have to be paid, water rates, gas, electric, and so on, if you find a flat or house share, you may not have to put up so much money as a deposit, plus all the other expenses will be shared.

theartfullodger

outtadebt wrote: »

I just couldn't tell them. My life probably wouldn't be worth living!

Hmnnnn ... have you considered the alternative???


http://england.shelter.org.uk/get_advice/homelessness

Suggest you seriously consider your options, that as a (hopefully) healthy single make you'll be bottom of priority list for help with housing, that having left a settled home (mum 'n dad) you will be "intentionally homeless" and your only routes are likely to be B&B, rent-a-room or "sofa-surf" with some mates (they won't be mates very long...)

Cheers!

Artful

Jowo_2

Go to the Debt Free Wanabee board and the experts there will tell you how to better manage your debts, a strategy to stop your disposable income being spent on servicing it.

you see this as an accommodation issue but you are on the wrong board - not being able to save for a deposit and also perhaps a rotten credit record which is likely to make you fail tenant screening - is the symptom of a debt issue.

also, you have a family relationship problem if you can't even tell them that you've split up with your partner - not sure there's a board about how to grow a pair.

mostlycheerful

Perhaps get a house sitting job in which you’re paid to live in often splendid great big houses while the owners are away on holiday or travelling or working elsewhere.

Alternatively do property minding guardianship in which you get a lovely big place at cheap rent to look after till it’s developed or sold.

A number of companies specialise in this, have a look on the net and ask about, it’s doable and it’s a growing industry, might be just the ticket.

Also, as others suggest, increase your income and reduce your spending. There are hundreds of ways of doing this, all described in great detail on this wonderful site so do lots of reading of the up your income board, the debtfreewannabe board and some of the others and then do everything they say. It’s doable, you can take control of your life and do much better than you are currently if you set your mind to it and make the effort. It doesn’t have to be like this, you can make the changes and develop yourself in positive directions if you want to.

Good luck.

dollydiva

tbh...with all that debt and no money, im not surprised your gf is not exactly jumping at hooking up with you...

carlw

dollydiva wrote: »

tbh...with all that debt and no money, im not surprised your gf is not exactly jumping at hooking up with you...

How’s your reply helpful, are you having a crap day????

I don’t blame you for not wanting to tell your olds, if you don’t have to there is no point worrying them. What you need to do, is get onto the debt free board and organise your finances as quickly as you can. See if you can earn more money, with either a better job, or a second job. Then see what you can realistically afford and post back here for advice on your options based on your disposable income. Maybe a room in a house share would be your best option, or if you can find a mate to rent a flat with. Make sure you organise your debt and spending first though otherwise it won’t be sustainable.


good luck.