Its only 'small debt' but its starting to ruin my life...

*Vikki*

I am sat hear now with tears filling my eyes. Another stupid tip over. Went to take back some trousers in H&M and have lost the receipt. I really wanted that £15 to be taken off my credit card :-(

I owe only a small amount but on my wages it takes months, years to get back what I had. I can't help but keep going over in my mind what I had. In 2010 I had £5000 in my isa as savings. And no debt! happiest I have ever been! Lack of money makes me so miserable. Having savings makes me happy. Having got over the want it have it attitude. And now I find myself back in this situation again. Car loan of £6000 and credit card debt of £1500. I just haven't seemed to learn and it seems to have bitten back twice as hard as it did first time around. I have have sold everything on ebay that I can and live at home with parents. There is nothing more I can scale down or shave off. I have a small mobile phone contract £15 and I don't drink, smoke or party. I have just wasted money by selling a lovely car last year that was my pride and joy that I worked hard to buy and customise to buy a convertible. Which then had roof problems so I sold (loosing 4k) and then buying another costing £2k more. I still owe some of this money on the credit card. The rest of the money comes from only a recent trip last week to Paris. IT has to be my last holiday now.I cannot carry on this lifestyle. Sorry for rambling. Just feel so worthless, failure and need to dig myself out of a very big whole when all I feel like doing is being in one and never coming out ;-(

Two9A

There is no hole that you can't crawl out from. It might feel more like a well right now, but even a well has sides and toeholds.

You've probably done this before, but it's worth drawing up an updated SOA so you can see what you've got coming in, what's going out, where it's going and so on. If you have any discrepancy between how much the SOA says you have spare, and how much you do have spare, that's where to start.

As you can see in my signature, I'm in a very deep hole, but every month is an inch closer to the surface...

backinbusiness

Hey Vikki.

Didn't want to read and run. A lot of us on here have done it - been in debt, sorted it out, vowed "never again" and then done it all over again. (Several times some of us!)

Sounds like this time you've had your proper "light bulb moment".

Forget the past and concentrate on getting out of debt for now.

BiB