Debt, Marriage and Life

xkronix

What is the minimum payment on your debt.

I'm currently not paying anything on my debt. I haven't paid anything on it since the day the bank passed the debt onto creditors. They want about £250 a month.

Whilst it is not 'fair' to ask your partner to pay off your debts, as your income has reduced due to no fault of your own, is she not offering to help out?

Does she know how much you owe?

Yes she does know how much I owe but I won't let her help. I can't, I wouldn't consider myself a man If I didn't sort my own problems out.

We'd all love to be doing our dream jobs but reality kicks in and you realise there's bills to pay and you need to be earning money doing something you love a little bit less...

If no one went for their dreams all guns blazzing then the world wouldn't be waht it is today.

itsarichmansworld

I agree with the others that looking for a new job may help you... But i understand also about being happy in your job.

However can you get an extra job in a pub or something you would enjoy? Part time?
there is ways and means to make extra cash the bottom line is if you want to do it then it opens doors, You need to contact your creditors arrange token payments to show you want and will eventually pay this off.

Please dont be afraid to ask your partner for help. If she loves you she will of course help you, Its better to rely on her than struggle thats what being married is all about. It will not make you less of a man but a bigger man to ask for support and help if you need it. The first step you have taken is to ask us for support.

Me and My hubby pay "our" debts together what his is mine and mines is his.

Welcome to MSE

piggeh

You could try something like car valeting/washing, window cleaning, etc, or anything which people don't like to do in the winter months! Just do some flyers and post them round your local area. Or you could do the 'money from nothing' challenge, as you should be able to make a fair bit from matched betting (I've seen some people on here have made a grand doing so).

I also think you should consider working for other people. I know what you mean by not liking to be told what to do, and doing the same thing, but there's many jobs out there that give you a lot of autonomy. Alternatively you could work a day for free at your Dad's work, and look at where they can reduce their costs.

in-trouble_3

could you not find another job on top of the job that you have, eg bar work, or something like that to earn extra money.

mountainofdebt

The thing that you seem to have forgotten is that when you marry someone, thier problem becomes your problem - that's because you are now supposed to be acting a team.

whatatwit

I'm currently not paying anything on my debt. I haven't paid anything on it since the day the bank passed the debt onto creditors. They want about £250 a month.

I know i am going to sound harsh, but, since your original post have you:

1) contacted the loan provider HSBC or their collection group to make any attempt at either repaying or explaining your situation? Even a token payment would show willing.

2) Made any efforts to get extra work, coming up to christmas, there should be part time work going in bar/clubs or supermarkets. the hours will be unsociable and the pay basic, but it would be more money than you are currently getting.

You have put that you wish to sort out your own debts and i can applaud this, if at present your girlfriend is earning enough money to help you out, then accept the offer.
You are sticking with the business as it has potential to make money. What then happens when you are making big money and your girlfriend's circumstances change. Would you not help her out.

Unless you get your head fully out of the sand, you are going to have major problems with this loan and it will escalate out of control.

Let us know how you get on.

MoneyMagnet

I think it would be a big mistake to give up on your dreams & get a full time job that you hate. If I was in your position, I'd carry on with what you're doing, keep looking for part time work (maybe some places are taking on extra staff for teh Xmas & new year period?) and maybe consider signing up with some temping agencies. They might be able to provide you with part time temp jobs, and the nature of that kind of thing means you wouldn't be doing the same stuff every day, at least not for long periods of time.

You might also look into matched betting - check out the Gambling Introductory Offers board for more info. eBay has already been mentioned - I've also found that to be a great way to generate income, both by selling old stuff from around the house, and buying to resell (if you buy to resell you need to register as self-employed if you haven't aready).

I understand about not wanting to ask your partner for help. I don't believe that partners should be obliged to be or feel responsible for each other debts just because they're married or whatever, but loved ones do often like to help each other out. You must do what you feel comfortable with , but maybe if she's willing to help, she could pay some or all of it off, & you could arrange to pay her back in full over a timescale that suits you both. That way you'd avoid the interest charges & get the creditors off your back, and still would be keeping responsibility for the debt & not just getting her to bail you out.

xkronix

Im gonna have to get something part time now. I've come up with an idea for making me lots of money on the internet. only thing is, i need about £100 to get it off the ground. I've made the website myself already, I just need the oney to get it onto search engines such as google/yahoo.... It will make me about £100,000 before tax..... in less than 6 months. I would tell you what it is but i want to make absolutely sure it works before i tell everyone else because I might need to make a few adjustments to it as I go along

dukesy_2

xkronix wrote:

Im gonna have to get something part time now. I've come up with an idea for making me lots of money on the internet. only thing is, i need about £100 to get it off the ground. I've made the website myself already, I just need the oney to get it onto search engines such as google/yahoo.... It will make me about £100,000 before tax..... in less than 6 months. I would tell you what it is but i want to make absolutely sure it works before i tell everyone else because I might need to make a few adjustments to it as I go along

PM me..

I can help with the SEO/SEM work you need..

We might be able to "come to an arrangement"