Help needed - Not sleeping now cos I am so worried!

crazyhazy

westhamsam11 wrote:

Have sold on E-Bay previously so I have taken lots of photos this morning and I will be putting lots of stuff on E-Bay later today. I have also stuck the majority of my books on to Amazon this weekend and so far I have made £52. To be honest I have enjoyed doing this and it will shift a lot of stuff that is just gathering dust.

As soon as the amazon money is transferred to your account transfer it straight to your debt with the highest rate (was it next). This will mean less interest next month and therefore if you continue paying the same payment and do this everytime you get some extra cash you should see a differemce soon. Good luck and definately have a look on old style for tips on reducing grocery bills.

Murtle

wow £52 from Amazon, that is brilliant - do you mind me asking what books (kind of books) were you selling, I am of course assuming you were selling books....that is brilliant.

£52 is a great amount towards next months payments, I am really excited for you! :j :j

gravitytolls

westhamsam11 wrote:

Goodness knows why they have given me this much - I know now I can not have a credit card - its the worst thing I ever did. But at the end of the day I am an adult (a stupid one!) and I signed up for them. I always thought something would come along and it would all be sorted but I have just buried my head in the sand and wished it away! Well thats not going to happen and I need to start sorting it now!

Come on, stop kicking yourself - there can't be many of us that haven't abused the ease with which we can spend on credit cards.
It's just a bummer that it takes getting into a fix to bring us to our senses.

Well done for selling - you never know this could be the start of a wonderful new enterprise for you.

Incidentally, DO still check out the Admin order, as my friend told me she and her husband had to juggle their debts to ensure that they both had MORE than £5000 each in order to qualify.

Good idea to start working with family income, not just yours too; as it affects all of you in the long run.

Good luck and kep your chin up, you'll be ok.

gravitytolls

Ah, hubby sounds lovely actually.

I do believe tax credits are supposed to be collected at no more than 25%, so as NOT to impose financial hardship. They are rubbish though aren't they?

Interest-Ed

Best of luck Westham ... The best thing you've done is realise you've got the problem; the second best is to contact this site! I've been reading all the advice and I'll be using some of the ideas myself.

What I did 2 years ago was to produce an Excel spreadsheet for two years ahead listing all the outgoings including the small things like newspapers, school lunch money etc. And the things you always forget - the ones which pop up periodically like the car MOT or house insurance. It's easy then to get excel to total it up. It will "frighten the socks off you" when you see how much you spend in black and white but it also stops the temptation of spending money you think is spare because its a constant reminder of what bills are coming up.

I keep it updated - the poorer I am the more detail I try to include.

I also seem to need and spend less on food and household items if I don't go the supermarket! but shop locally.