hi, newbie with a lot of questions

kammyTT

hi people, ive got alot of questions i need answering.......

im in a bit of debt but im hopeless at paying things off or SAVING, i want to save for a house and get my girlfriend an engagement ring but im im no position to do either.

i earn a decent wage and dont pay out a huge amount yet i still manage to be left with nothing or minus at the end of the month... PLEASE HELP:o

i want to enjoy my life without worrying about money, i know if i started to save id be really good at it, i just need help in doing it.

MissKJ

Look at all the threads, read and absorb. Start as you mean to go on.

Do your SOA (statement of Affairs) and lets all have a look at what problems, if any, you have.

Welcome to the forum!

=kev=

Ideally to give any advice we will need to know your incomings and outgoings and what you would like to acheive

tigtag02

If there is too much month left at the end of the money and you dont have huge outgoings then a spending diary is a must.

If you're anything like me you'll be that shocked at what you fritter your cash on you'll be a tight wad over night

Seriously though it will <should> sort the needless spending out.

Your gal will have a ring on her finger and a loverly new pad in no time with the great advice from the folks on here and a bit of hard work from you

Welcome by the way

Hugs
tigtag

GettingThingsDone

Welcome! Agree with other posters - spending diary and SOA; even if you don't post them up, you'll often see things that you could cut at a stroke.

Good luck and keep posting!

gtd

sara_501

Hi Kammy

You've made the first step just by posting on here, with all the hints and tips you'll find on these pages you should be well on your way in no time

agree with the others though, we need to see your SOA before we can give any specific advice

congratulations on your "Light Bulb Moment"

Sara

MUSTBEFUNNY_2

How fabulously romantic...saving for an engagement ring:heart2: I wish I was young again.....

kammyTT

where can i get an soa? do i just fill one out or do i just sit down and go through my finances on my own? thanks for the replies by the way.

FrugalJo

Hi Kammy
http://forums.moneysavingexpert.com/showthread.html?t=107280
gives you an idea of an SOA, just go through your finances fill in the relevant balances interest rates etc.

kammyTT

this is what i managed to do online, i also going to d oa diary to see if im correct, bloody shocking though eh..... between me and my partner, we take in around £2700:o

Home Total Insurance Total Eats, Drinks & Smokes Total Transport & Travel Total Debt Repayments Total Savings & Investments Total Family Total Fun & Frolics Total Big One Offs Total Clothes Total Education & Courses Total Odds & Sods Total

im
MONTHLY EXPENDITURE TOTAL
£1998

i earn £1800

partner earns £950

= £2750

kammyTT

here goes again

rent... 230
car payment....390
bt...11
internet...18
mobiles...100
food...250
tax...145
insurances (car,home,pet)...96
clothes,games and other stuff i dont really need... 100
fuel...120
drinking/eating out...200

plus probably more, the diary should show me exactly where im going wrong:o