My SOA - Advice appreciated :-)

staffie1

HappyMJ wrote: »

Yes I do go out on the town every now and again but never spend £70. Drinks £1.50 a pint free entry before midnight. Taxi's shared between 2 are £2 each. Maybe my town is just cheap. https://www.facebook.com/group.php?gid=13181725842&v=wall and http://bullitburton.biz/whats_on.asp

I've heard Burton's a good night out actually. Never been yet.

But I take your point that it is possible to enjoy yourself without breaking the bank. Moneysaving has a lot to do with changing the way we do things, rather than not doing them at all.

McKneff

To be honest, As a mum, and having loaned my child money I would be absolutely livid if he/she was going out spending £300 a month
and not paying me back just a quick as they could.

It's nothing to do with the money, its the sense of responsibility

Q1122

Almost £4.00 per pint plus at least £4.00 entry to each bar/club... it all adds up!

flyinggiraffe_2

£4 a pint? I'd become teetotal if I had to pay that price! lol

evansmg00

my advice would be to get a p/t job in a local pub - extra cash and if you're working you're not spending. Also if you work in a pub in the town centre, you can often get free drinks at closing, and then go out after with friends from work/meet up with friends already out - clubs will often give free/reduced entry to local bar staff as well. This way you can clear your debts without feeling like you're wasting every weekend - its true that you're only young once! (From experience would avoid working in the spoons tho!)

DVardysShadow

Q1122 wrote: »

Almost £4.00 per pint plus at least £4.00 entry to each bar/club... it all adds up!

5 pints a night and entry to 1 club is 12 nights out a month.

If you don't pay off any debts, that's another 6 nights out a month. If you overspend by another £300 a month, you can go out every night and be completely oblivious to your debts.

On your income, played carefully, you could probably get to about £25,000 of debt over 6 years. Go for it. Saying that you are young as an excuse for your foolishness only works once.

Mind you, it would be a hell of a debt to clear once you wise up.

redpete

Q1122 wrote: »

Almost £4.00 per pint plus at least £4.00 entry to each bar/club... it all adds up!

If you were serious about clearing debt then you would drink less per night and/or go out fewer times a month.

mildred1978

Why bother with the car? If you're only spending £40 a month on fuel, you must only be doing about 170-200 miles a month, and it's costing you about £1 a mile!!!

Flog the car, pay off your debts and buy a push bike with the rest.

Simples.

barbarawright

mildred1978 wrote: »

Why bother with the car? If you're only spending £40 a month on fuel, you must only be doing about 170-200 miles a month, and it's costing you about £1 a mile!!!

Flog the car, pay off your debts and buy a push bike with the rest.

Simples.

I agree. You get the bus to work and presumably don't drive on a night out when you're drinking. So what do you actually *need* the car for?

Q1122

Many thanks for your advice... how long do you think before I can be debt free?