So close and yet so far...

MrsWinters

The last few pay days I have managed to pay off a few loans and bits and pieces completely. However, this last month has been horrid. In fact, the last two months have been.
My husband is from the States and his mum has been quite ill recently. It meant we had to fork out for a ticket so he could go and visit her. I feel bad I couldn't go too as I care for her dearly too. As it was a last minute thing, to no fault of anybody - we can't help bad health - it meant it was a lot more than we had in our budget. £900 later, he's on a flight to Texas.
I'd managed to pay off my !!!!!!!!!!!!! loans. However, that left me with £0 extra this month. In the long term it has done me the world of good, however, at the moment, I have -£40 in my current account.
I still owe...
£911 to wonga
£840 to quickquid
£720 to paydayuk
£228 to firststoploans
£340 to t-mobile
£50 to Barclays
This doesn't include my overdraft of nearly 2k

I get paid next week. I can pay wonga off completely, however, it would mean I'd be left with £0 after all the others at min payment have been paid too.

Do I pay off a small amount and the rest the month after or do I pay it off all in one...

My wages should be going up at the end of September, however it isn't guaranteed. I earn £32k a year and have nothing to show for it apart from slowly diminishing debts, and even those don't seem to get much smaller.

I had aimed to be debt free by September, but I do think that was a little optimistic

Help...

(loans were taken out when we were both unemployed)

ellerose

Hello! If you post an SOA you'll get tonnes of really helpful suggestions to help you cut back your spending so you can throw as much as possible at those debts. I'm sorry to hear about your mother-in-law x

MrsWinters

Thank you. I'll have a look

xyellowx

keep chipping away bit a time each month once you have paid a debt off use that spare money next month to pay towards another debt start with highest % first

i started jan 47 over payment when i cancelled a iphone contract next month cancelled gym another 128 then argos card100 just kept chipping away each month then started to over pay on credit cards it soon starts to snow ball

if i can clear debt and become strict with money anybody can

xyellowx

have alook around the house anything you no longer use phones/electrical/tools/jewellery if you dont use it get it on ebay or local paper any money you get again over pay off debt

good luck

xyellowx

you need to just chip away at them as one is paid off that monthly payment then becomes a bit more extra to pay off next months it soon starts to snow ball
i started jan cnc spare mobile phone contract