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50k gambling debt
Comments
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Another gambling casualty
Yes but not exactly a constructive reply there.
OP - get that SOA done and posted - your situation is far from being incurable and facing up to things is the first and hardest step already done.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Speak to stepchange. A DMP may may be the way to go but posting an soa will confirm this. You have a good salary but ignoring this and letting your friend and nan deal with the fallout is not acceptable. It can be fixed but you will need to stop gambling with help from gamblers anonymous. Get your cards removed from websites, block betting shop numbers on your phone etcI’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
The 365 Day 1p Challenge 2025 #1 £667.95/£500
Save £12k in 2025 #1 £12000/£124500 -
EssexHebridean wrote: »Yes but not exactly a constructive reply there.
OP - get that SOA done and posted - your situation is far from being incurable and facing up to things is the first and hardest step already done.
I think TightRob was agreeing he also had a gambling issue so was sympathising with the OP not having a dig.
Good luck TightRob
Xx0 -
ladymarmalade222 wrote: »I think TightRob was agreeing he also had a gambling issue so was sympathising with the OP not having a dig.
Good luck TightRob
Xx
That was my thought, too.
In fact I see he's posted on another gambling-related thread to indicate the same.
Hopefully he can get some support to help him overcome his addiction.0 -
Been in the same situation (size of debt), but no kids.
My advice, get onto stepchange amd gamcare. My gambling was so destructive and I wish I had help for it sooner. I would definitely aim to get that looked into, even if you think it was a bad few months, it is still a problem that, like many others, will likely always be there and take a lot to overcome.
I am about 2 years into paying my debt off, and have over 2 years left.0
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