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It's Time...
sydneybean
Posts: 108 Forumite
so after a year of good intentions and poor actions i have finally come to the conclusion and realisation that i need to do something more than i am. Despite all my plans and spreadsheets i have to be honest with myself and admit that i just haven't budgeted properly.
Yesterday i went onto the Stepchange website and look at their debt remedy tool, i felt sick when it told me that the best thing for me at the moment was to just offer token payments or sell my house
i think that was my total lightbulb moment, i think it has only flickered before. I am not an unintelligent person so how can i have thought that i could manage my debt when i havent budgeted properly. some of the things on there and the suggested amounts really made me realise that i should be having more of a life than i am if that makes sense?
I just feel so sick. So i have decided that i will open a new bank account and write to my creditors offering a token amount of £1 a month. Initially i will open a YBS cashminder account but i think i will also try to open a Co-op one as they seem to give you a debit card which i would prefer as i do some bills online such as car tax etc.
so, i need to really make a change this year and stop thinking i can manage by robbing peter to pay paul.
sorry for rambling i just feel so stupid and down, i could sit and cry. i am worried though that my creditors could make me go bankrupt, i owe about 10k between 5 creditors.
any suggestions would be welcome:o
Yesterday i went onto the Stepchange website and look at their debt remedy tool, i felt sick when it told me that the best thing for me at the moment was to just offer token payments or sell my house
i think that was my total lightbulb moment, i think it has only flickered before. I am not an unintelligent person so how can i have thought that i could manage my debt when i havent budgeted properly. some of the things on there and the suggested amounts really made me realise that i should be having more of a life than i am if that makes sense?
I just feel so sick. So i have decided that i will open a new bank account and write to my creditors offering a token amount of £1 a month. Initially i will open a YBS cashminder account but i think i will also try to open a Co-op one as they seem to give you a debit card which i would prefer as i do some bills online such as car tax etc.
so, i need to really make a change this year and stop thinking i can manage by robbing peter to pay paul.
sorry for rambling i just feel so stupid and down, i could sit and cry. i am worried though that my creditors could make me go bankrupt, i owe about 10k between 5 creditors.
any suggestions would be welcome:o
Debt [STRIKE]Mar16 - £10,401eek[/STRIKE]: Jan 18 £4601 Paid off so far £5800 pay off 18 £1625
Emergency Fund £100/£1000
OD1 - £550 OD 2 - £400 Def1 -£40
Def2 - £2976 CC -£500 TV £135 CR Apr 389 Dec - 487
Emergency Fund £100/£1000
OD1 - £550 OD 2 - £400 Def1 -£40
Def2 - £2976 CC -£500 TV £135 CR Apr 389 Dec - 487
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Comments
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Hi sydneybean and welcome.
Why not post up your statement of affairs and see if we can help you make any cutbacks?
http://www.stoozing.com/msoc/soacalc.php hit the MSE button for it to show on here.Karma - the consequences of ones acts."It's OK to falter otherwise how will you know what success feels like?"1 debt v 100 days £20000 -
Found you...
you dont post much on this do you HAHAHAHA:rotfl:
maybe you should and we can give you little nudges in the right direction.. plus i like following peeps on similar debt busting trips
will subscribe in the hope you post heheheLBM 17/09/2013 [STRIKE]£4283.40[/STRIKE] November 2015 total [STRIKE]£4339.45[/STRIKE]
Current total 29/11/2015 £4226.43
CC - £3844.31 :eek: NW OD - [STRIKE]£500[/STRIKE] £382.120 -
Well done on your light bulb moment. Do fill in the SOA and see where you need to go from here.
chevI want a job that is less than an hour driving away from my house! Are you listening universe?
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