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Need help and advice - SOA attached

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  • Willowpop
    Willowpop Posts: 856 Forumite
    Debt-free and Proud!
    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
    Part of the Furniture
    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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