Ok - let's do it!

getmore4less

SOA thread here

asparagus1968

may be a help if you ask admin to merge your two threads?
good luck

n0x

Forward_thinking wrote: »

Hi there,

We are in a mess financially. We owe 40k and our spending seems to be coming out short of £1k each month. My partner is convinced that I shouldn't be spending any time on here trying to save a few pounds here and there. He claims it is simply tidying up in the teaspoon drawer!! He claims we simply need to make more money. He earns 110K on a good year and brings in about 7.5K a month net. But our outgoings are so high. I am also about to go back to work and am hoping to earn about 30K this year - but only time will tell.

Is it worth saving up the pennies when we are so much in debt? Or should I just get working all the hours I can?

I really want to do the most we possibly can to get back on track. I know we need to set a budget and have a good look at the overall picture. Would anyone be happy to give an objective view of where we are going wrong?

One of our main problems is that we are renting a house that is too expensive but can't leave as no-one will give us an alternative rental because we would fail the credit checks. It just seems a huge mess : (((

So I'm brand new on this forum, although read it about a year ago before I really had my LBM (well I sort of did have a mini LBM but then screwed up again). But reading this has really spoken to me.

I earn a good salary which will be £100k a year from next year, but I have lived in debt all through my 20's in various forms (and always telling myself I'll sort it by the time I turn 30) which now totals £64,400.

I just wanted to say thanks for sharing this as it doesn't fix anything but feels a bit better to know someone is a similar situation.

I'll do my own separate thread but just wanted to wish you luck on your journey and I hope you manage to get things sorted

another_casualty

Has this thread died ? I was intrigued .

getmore4less

Everyone moved over to the SOA thread link above.