Help me! Constantly overspending and now over 6k in debt.

Max_Maxwell

overspending wrote: »

I work full-time earning £1650 net every month without having to pay any bills, rent or food. I basically have the £1650 every month to myself.

Forgive my indifference but I'm really not sure I understand the problem. You take home £1,650 net per month and have no bills, rent or food to cover yet you don't know how to repay a debt of £6,000? For the avoidance of doubt, you are not insolvent.

You are in an incredibly fortunate position and could turn this situation around in a matter of months. Very few people have £1,650 spending money each month. A lot of people on this forum would be lucky to have £16.50 left over at the end of each month.

You know you could resolve this situation quickly and easily and without fuss. Perhaps you felt you needed encouraging words from others to galvanise you?

quantic

Pretty simple this one, no point telling you which bills you could reduce etc as you have none. Stop buying crap you don't need and your problems with disappear. Not judging you but can't really imagine how it would be difficult to solve this problem...

Idiophreak

quantic wrote: »

Not judging you but can't really imagine how it would be difficult to solve this problem...

Everyone's different and we all have our own crosses etc.

I imagine if you'd never been in debt then you had a LBM and found yourself £6k under it would be quite shocking and seem like quite a lot of money - and require a significant shift in lifestyle to resolve. If you're used to spending £2k per month, cutting back to £200 would be a shock to the system...and adjusting your spending longer term is the tougher nut to crack.

Cycrow

of course, that is something that will have to happen at some point anyways, even without debt.

so you cant keep spending all your wages, eventually you will end up with bills and such you have to pay.

This is the best time to try and clear the debts thou, as without any outgoings you can focus as much money as possible on the debts