Newbie wanting to be debt free!!

deanchilds1

Payday is almost here. This is what i aim to pay:

BarclayCard £144.78
Virgin £166.83
T Mobile £53.04
O2 £210.00
Partner £200
Mum £150 (rent not off what i owe)
Dad £150

LookingAhead

Sory to hear about the job situaton, I really hope something else comes along quickly. Good luck with that.

Hope you had a good birthday even though Paris was expensive!

deanchilds1

Got a 2nd interview Wednesday for a new job, so fingers crossed!!

Had an ok Birthday as i was sick as a dog off work the last few days to try and get better.

LookingAhead

deanchilds1 wrote:

Got a 2nd interview Wednesday for a new job, so fingers crossed!!

Had an ok Birthday as i was sick as a dog off work the last few days to try and get better.

YES! Fingers crossed indeed.

LookingAhead

smithj6 wrote:

Hi
some sites are there you can get debt help and advice
Debt Management
Debt counselling
Debt Help

I've reported this for spamming.

Rob_K

Hi Dean,

In one of your earlier posts, you stated that you couldn't renew your car insurance because you had only just started it. But car insurance isn't a contract like a mobile phone- imagine if you sold the car, you wouldn't keep paying insurance on it then would you?

It is definitely worth checking out other policies by using price comparison sites like https://www.confused.com and others, then when you find a cheaper quote, simply cancel your current policy and switch it over to the new company. Simple!

Good luck

deanchilds1

This is what i have spent my money on this month:

£2 Lottery
£48 petrol
£4 mag
£67 dentist
£9.95 food
£14.47 (tesco, tea bags, dvd, Savings stamps x2)
£10 2 football programmes and hot dog
£24.96 b&q storage boxes
£8 makro Diary, Disney Paris Guide and buscits
£16 sainsburys cd, dvd, Kiwi Fruit, Bath foam.
£2 bus fare
£22 for ads and checks for selling car
£1.20 Milk and Newspaper at work
£10 to repair phone
£52.45 bluetooth car kit
£40 screen for phone
£4.82 postage
£6.99 ebay refund
£39 4gb
£18.02 Narnia Dvd
£15 Jungle Book 2 dvd
£4 Hot Choc, Sausage in Batter, Coke
£3.99 Flu Tablets
£8.50 Dry Cleaning
£8.45 Donuts

This is my monthly spending not including bills or money owed to family.

deanchilds1

Ended up getting made redundent so not working at the moment so will need to cut down and pull my belt it to stay above water! is quite scary not knowing where my next pound is coming from!

david_hellier

Hi and welcome.

According to my figures you have £105 per week to spend on yourself. I suggest you write this in a little notebook on a Monday and keep a note of what you withdraw/spend and leave some to carry forward to the next Monday (a spending diary). If you have any over, put it towards your most expensive debt, probably Barclaycard. Do not make any further purchases with credit cards and make fixed level payments, never the minimum. Use cash or a debit card only, but keep a note and do not overspend.

I must add here that it may seem uncool to use a book, but unfortunately, despite technology, the banks are useless at helping people control spending so you have to do it yourself.


I have assumed reasonable repayment figures in those below. Good luck and well done for coming to MSE so early.

The figures:

income weekly monthly
self 1100.00
partner







total 0.00 1100.00 divide by 4.33
£253.85

£253.85 total weekly income

spend weekly monthly
rent/mortgage 150.00
council tax 0.00
elec 0.00
gas 0.00
water 0.00
secured loans 0.00
TV licence 0.00
fines 0.00
phone 50.00
petrol 50.00
sky 10.00
car ins 40.00
barclaycard 160.00
virgin 75.00
mum 50.00
bro 20.00
dad 20.00
o2 20.00














total 0.00 645.00 divide by 4.33
£148.85

£148.85 total weekly spend

Start= income - spend = £105.00 per week

Revenge_of_the_Red_Devil

deanchilds1 wrote:

This is what i have spent my money on this month:

£2 Lottery Why?
£48 petrol
£4 mag Why?
£67 dentist
£9.95 food
£14.47 (tesco, tea bags, dvd, Savings stamps x2)
£10 2 football programmes and hot dog
£24.96 b&q storage boxes
£8 makro Diary, Disney Paris Guide and buscits
£16 sainsburys cd, dvd, Kiwi Fruit, Bath foam.
£2 bus fare
£22 for ads and checks for selling car
£1.20 Milk and Newspaper at work Can't ya get the Metro?
£10 to repair phone
£52.45 bluetooth car kit Why?
£40 screen for phone
£4.82 postage
£6.99 ebay refund
£39 4gb Why
£18.02 Narnia Dvd Y?
£15 Jungle Book 2 dvd Y?
£4 Hot Choc, Sausage in Batter, Coke
£3.99 Flu Tablets
£8.50 Dry Cleaning
£8.45 Donuts Let you off this one

This is my monthly spending not including bills or money owed to family.

If you didn't buy the stuff you didn't really need - you would've saved 100 squid last month - imagine how useful that wouldve been.

I'm sorry to be so harsh - you seem like a nice kind of guy, but unless you stop spending, you're gonna be filling up a bucket with a hole at the bottom.

Good luck with a new job.
Thought of mystery shopping for a while?