somebody in debt wanting support

playground

Dear All,

Erm.... I suppose I'm writing because the journey of a thousand miles begins with a single step. This is my first step and if anybody's out there, I'd really love your encouragement. I'm basically crap with money - all good intentions and reckless spending beyond my means. And I suppose I'm worried because I'm about to take home my first serious paypacket and I'm afraid I'll spend it all away. And I don't want to. I really want to get myself out of debt, stick to a budget and get my money to work for me. Things are in a mess and I need to tidy them up.

By the power of Martin, I need your help.

Love Playground

squeaky

Hi,

The best board to start your journey would be the Debt Free Wannabee Board.

They are very good at sorting out finances and very supportive.

No doubt, once you are sorted there they will point you back here to make the best of the money you have left.

I can move your post across there for you now, if you like?

Good luck

squeaky

Hmm...

Best of luck.

Forum_Team wrote:

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].

IndigoBlue_2

Hi playground.

Perhaps you could elaborate on your spending habits and how much you are in debt etc then I may be able to help

IB

YORKSHIRELASS

Hi and welcome along.

The way I see it there are three steps to turning things around:

1. Accepting that you have got debts and realised that they are costing you money and need to be cleared. This means working out a total of how much you owe and facing up to it. It also means knowing exactly how much is coming in every month and how much has to be paid out. A SOA is a brilliant way of doing this.

2. Working out a plan for how the debts are going to be paid off while still managing your day to day living. There is loads of good advice on here, depending on how much of a pickle you are in. You need to keep to a sensible budget, record your spending and accept that it may be tough. You may fall off the wagon more than once but that doesnt mean you cant get back on again. You also need to accept that there is no magic wand that is just going to sweep the debts away (unfortunately).

3. Accepting that although it probably means an adjustment to your lifestyle it isnt the end of the world. For me learning to appreciate the value of money was the best lesson of all. I used to think oh its only £10 or £20 what difference does it make? If you have debts those amounts add up.

You really should read some of the stories on here. I have read stories that scared the life out of me and made me realise where I could end up. I have also read lots of inspirational stories about people who have paid off colossal amounts of debt and never given up.

Good luck. I am sure lots of people will be willing to help. I was terrible with money 3 years ago and with the help of this website my spending habits have completely changed. If I can do it anyone can.

supersavershal

Hi, most of us are on this board for similar reasons.I have a good income coming in to my house each month but I am rubbish with money.I have improved over the last few years but I still have lapses.You have come to the right place.
Do you have debt? Can you post a SOA so we can try to help you? There is also a budget planner tool on here that is good.
You will get lots of encouragement here, welcome.

supersavershal

Also when you want to splash out try the demotivator tool on the right hand side of this page.

andrea1968_2

Make coming on here a regular habit it will encourage you to keep on the straight and narrow.

No one on here will judge you, the majority including me, have been in the brown stuff up to our necks and although I've managed to clear my debts I still come on here to keep myself motivated and remind myself what a mess I'd got into.

Good luck

brokemedic

andrea1968 wrote: »

Make coming on here a regular habit it will encourage you to keep on the straight and narrow.

No one on here will judge you, the majority including me, have been in the brown stuff up to our necks and although I've managed to clear my debts I still come on here to keep myself motivated and remind myself what a mess I'd got into.

Never a truer word said. It's amazing how much coming on to this site keeps me motivated and on track. My biggest money saving period has been whilst coming on to this site. When things get busy ie exams, placement, I don't come on to here as much as I would like and then my money saving ways fall by the wayside. I have started coming back after a lapse of a few months and already I am impressed with how much money I have saved - didn't go out this wkd, don't spend on rubbish and keeping a money diary. This site should be compulsory for anyone debt-busting lol