Starting and Carrying On

KizzyK_2 · 11 January 2007 at 11:57AM

Hello everyone :wave:

Ive been around for a while, reading the DFW threads to get help/advice and ideas and I decided that this year I shall start as I mean to carry on.
Im heading (hopefully) to Uni in September and while I know that its not going to do alot for my finances, I would just love to get them sorted and on the way before I go.
I had a kind of light bulb moment in November, but still managed to overspend at Xmas again (Im still paying for Xmas 2005

).
If I put this post up, it means that im not 'hiding' what I owe any more and might mean that I clear some of the debt faster :rolleyes:

I have £146.47 income a week (this goes up when I have a job (Im SE) and work should start to pick up again

)

What I owe is:

£380.78 Natwest CC
£3,775.49 Nat West Loan (for 4 years)
£289.84 Barclaycard (Yearly APR 19.9%)
£110 Car Tax (has to be paid via Debit Card by 25/1/07)
£155.06 Ikea store card
£235.44 Dorothy Perkins Store Card
£3,362.90 American Express CC (Monthly APR 1.02%)
£450 FD Overdraft
So overall, without any interest thats £8759.51 :eek: :eek: :eek:

I reckon I can live on £46.47 a week (I live at home) so that gives me £100 a week to put towards everything. Depending if I get into Kingston Uni Im going to look for a part time job to bring in more money.

The Loan comes out on the 6th of every month for £125.
Ive been paying off the minimum payment to cope (thats going to change!), my DFD at this rate is about 10 years :eek:

Anyway thanks for reading :beer: Ive started now and im not goin to stop until im done :money:

KK xx