Need help and advice - SOA attached

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  • Willowpop
    Willowpop Posts: 856 Forumite
    Debt-free and Proud!
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    BMG wrote: »
    I am pleased to tell you all that money owed to me and a gift from a good friend means that I am debt free.

    That must be a big relief for you.:)
    PAYDBX 2016 #55 100% paid! :j Officially bad debt free...don't count my mortgage.
    Now to start saving...it's a whole new world!!
  • catwoman73
    catwoman73 Posts: 446 Forumite
    First Anniversary
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    Sorry for your loss OP. However, you do need to look at your housing situation, considering your low income.

    Are you entitled to any benefits - you say you cannot work due to ill health?

    Can you sell your house and use some of the equity to buy a small flat in an area that will allow you to live without a car? Close to shops, friends, doctors, other amenities?

    Would a mobility scooter help?

    If you have zero housing and car costs, you might be able to manage well for a few years on your income and savings from the leftover equity in your house.

    How old are you and what pension arrangements do you have?
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