Recent graduate, want to get on top of debt

happybunny86

DD265 wrote: »

Completely agree.
I've often thought if I was in the position to start a charity (or I guess a business, although not certain schools would pay for it) I'd love to have an organisation which provide life skills lessons to teenagers.

I have thought about this many times and wish I knew where to start. I saw someone else said the problem is banks and the government don't want anyone to learn as its how they make there money which seems like the terrible truth!

rdchick

Glad I wasn't the only idiot to fall for their tricks then! When I think back to my uni days the first time round I wonder what on earth was I doing with all that money! Nothing to show for it now... just £10k debt! xxx

bouncydog1

My DD had to insist on no overdraft on her student account as HSBC were very keen to ensure that she had one! I do agree that youngsters should receive some financial tuition in school because a lot of parents have no idea how to live within their means and pass on the "get a loan" culture to their children. We are lucky enough to be able to offer our DD financial support as our greatest wish is that she finishes Uni with no debt and a healthy savings balance. Having said that her budgeting skills are excellent and she does not spend money unnecessarily, which means she is able to afford the occasional treat. Learning the value of money is a skill that once learnt stays with you.

Estella1 suggest you post up a statement of affairs on here to see where you can be helped to save money - phone etc. Try to clear the balance with the highest interest rate first although some folks like to clear the smallest balance first. Your debt is not huge and you have recognised it before it gets out of co trol which is great.