We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Want to become a Forum Ambassador? Visit the Community Noticeboard for details on how to apply

i need help

ribena_2
ribena_2 Posts: 1 Newbie
in Debt-free wannabe
can anybody help me to reduce my debts. i am new to this:confused: i dont know what to do

Comments

  • Toomuchdebt
    Toomuchdebt Posts: 2,133 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Best thing to do is post a list of all your income and outgoings including all your debts (with apr's and minimum payments) and let the great people on this site have a look at ways to reduce outgoings :)
    Debts Jan 2014 £20,108.34 :eek:

    EF #70 £0/£1000

    SW 1st 4lbs
  • GreyPilgrim
    GreyPilgrim Posts: 1,636 Forumite
    Hi Ribena, welcome to the forum!

    Have a look at some of the other threads on the forum to get a feel for the community. It's good to be able to post a statement of affairs (an 'SOA') which will show us and yourself your regular outgoings and income, so that we can maybe suggest areas where you can make a saving, juggle credit card / overdraft debts around so that they not causing interest payments to pile up.

    I believe southern scouser has an SOA template somewhere, and I'm sure someone can post a link to it.
  • jenchin66
    jenchin66 Posts: 648 Forumite
    http://forums.moneysavingexpert.com/showthread.html?t=107280
    Pad, started 28.11.08 running total £3674.91:T
    Sealed pot challenge member 346:T
  • jenchin66
    jenchin66 Posts: 648 Forumite
    SORRY WELCOME, ABOVE IS THE LINK TO AN soa
    Pad, started 28.11.08 running total £3674.91:T
    Sealed pot challenge member 346:T
  • taxi73
    taxi73 Posts: 20,815 Forumite
    HI...and welcome to the site...If you post a SOA we can have a look to see where we can help you save money...also look on the old style boards they have some wonderful ideas on there...it amazes me the amazing ways people find of saving money on here...there will be plenty of people along to help you:beer:
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.5K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture