Please Help Me

Angel1980_2

Obviously I am brand new to this. I have huge debts with my partner of around £35k.
We wanna be debt free.
Please can you tell me where I can get started on working out this situation. Where to log my debts income etc and any tips for a debt free wanna be?

Any help will be gratefully received.

Redbedhead

Look at the top of the page at Southern Scousers sticky regarding statement of accounts and complete one for yourself and your partner, then post it on here and people will be able to offer suggestions where you can save money. Put your debts in to a snowball calculator (sorry I don't have a link) so you can see when your debt free date is expected to be.

You should concentrate on paying off those debts with the highest interest rate first.

Look at other methods of raising funds - Quidco, Ebay, mystery shopping and see if you can raise anything extra to throw at your debts.

Set a budget and keep a spending diary to document where your money is going.

Good luck!

Redbedhead

And if you haven't already done it look at reclaiming bank charges and getting an interest free credit card to transfer some of your debt on to. Once you have cleared a credit card - CUT IT UP!

FrugalJo

Good Morning Angel1980
Welcome Loads of help coming your way. Lots of us in a similar situation too. The first thing to do is pull up a chair and a cup of something hot, have a read of this post :
http://forums.moneysavingexpert.com/showthread.html?t=107280
and let us know your Statement of Affairs (SOA) a list of incomings and outgoings, interest rates etc.
Then the 'wizards' will be up soon and give you some idea of how you can trim your finances and point you in the right direction.
In the meantime don't worry, or panic first step is over by posting here

Angel1980_2

Thanks guys Im sat a work at the moment so dont have all details with me. But today Im gonna sort this out and come back with a SOA.

Time to get this sorted out!!!

FrugalJo

Angel
www.whatsthecost.com is a great site forfinding your first Debt Free Day - highly addictive too

Angel1980_2

Thanks Jo I just had a quick look on there and a play, but dont have proper details at moment, but it looks very clever.

Can I just have some quick tips for saving a little money at the moment eg saving £2 coins??

Then I can leave for the night

FrugalJo

Angel
There are a lot of challenges on the forum, targets to motivate yourself. Everything from Change Jars to No Spend Days, budgeting etc.

Aside from that if earning a little extra on the side is also a very popular debt busting pasttime. Have a look at
www.quidco.com
www.pigsback.co.uk

All of them will take you a few minutes to register and get cash for clicks.

Angel1980_2

Cool even more to spend my internet time on. And earn points at the same time.

Yipee

FrugalJo

Angel
Keeping you busy here :
www.topcashback.com
www.mutual.net
www.greasypalm.co.uk
www.freefivers.co.uk

The thread at the top of the board re Mystery Shopping and Surveys is superb:
http://forums.moneysavingexpert.com/showthread.html?t=454437

and the recent quidco thread should help too :

http://forums.moneysavingexpert.com/showthread.html?t=526810&highlight=quidco

Angel1980_2

Have listed some things on ebay

Have £4 in 2 quid collection

Have spent a few minutes joining the sites supplied by Jo. Many thanks

What are the top tips for these cash back sites?