Advice on my SOA

fizzy702

eschaton wrote: »

Take that back - it's gone from £100 to £433...... in just over 1 hour!

Sorry Id taken the amout off one of my spread sheets but I had done it for 1 week and not the month ... Infact thats why I did it agian coz id missed so much out !!!!!!

backinbusiness

OP - you have over £20K debt on credit cards. Is this a cummulation of a few years overspending or do you have actual "stuff" to show for this? (Home improvements, car or suchlike)

Don't mean to be blunt, however overspending to such an extent needs to be addressed before you can properly move on I think.

And I am not preaching - been there - done that!

bib x

fizzy702

backinbusiness wrote: »

OP - you have over £20K debt on credit cards. Is this a cummulation of a few years overspending or do you have actual "stuff" to show for this? (Home improvements, car or suchlike)

Don't mean to be blunt, however overspending to such an extent needs to be addressed before you can properly move on I think.

And I am not preaching - been there - done that!

bib x

Your right I know some of it is for stuff we have brought a lot of it was when OH buisness was hit big time at the start of recession at one point I remember he brought home £80 one week !!!!! but he stuck his head in the sand didnt tell me untill it was to late ....... That was about 4 yrs ago so really just been plodding since then it was only 10 days ago it hit me BIG time that if our finances where going to be sorted then it was me that was gonna have to do it must admit been a very tought 10 days of which I have had a headache everyday , a few arguements!!!!!! but I now think that it is sinking in with OH well at least I hope so!!!!!

backinbusiness

Sounds like you've seen the light now, and hopefully OH won't be far behind.

It's tough at first, but you've begun to make changes already so well done on that.

Head-in-the-sand-Syndrome - think all of us on here have suffered from that at one time or another!

But - onwards and upwards for you now.

Good luck!

bib x

Nixxx

Hi OP

Don't beat yourself up! You are doing well to have come so far in such a short space of time. £200 in 10 days is amazing, and if you keep it up then you will be sorted in no time.

Do you have any space in your 0% cards to transfer over the balance on the 16.9%? You seem to have your head screwed on and are on the right track so don't knock yourself. I do think it is important to budget for a treat, even if its £5 or something so that you don't burn out.

Goodluck and well done so far.

N

fizzy702

Thanks nixxx

Im not sure how it works if i transfer some off the card that is still charging interest being that i have 3 different rates of interest on that one card ??? I was wondering if the balance that i am left with would be what has the interest charged at 16.9% ??? Hope that makes sence !!!!!!