Another newbie, had my lightbulb moment today!!

Charlie1986

Have just had a look on the tax credits website and unfortunately you have to be 25+ to recieve them, I am only 21 so cannot get anything

mark-indebt

Sorry about that I forgot about the stupid age rule for working tax credits I'm 27. At least you have tried and can look for family/friends and keep an eye on your entitlements to benefits.

Also I noticed no mention of Quidco free cash

forums.moneysavingexpert.com/....html?t=581079

There is also Pigsback too.:money:

Charlie1986

As it's the beginning of a new year I thought i would update this so I can see how I have been doing since october. To my surprise in 4 months I have managed to pay off £1803.14 :j . If I carry on like this throughout the year I will have reduced my debt to £7812 by December :eek: .

This was my SOA in October:
Incoming -
£806 approx per month ( I don't work regular hours as a care worker)

Outgoing-
phone insurance = £[STRIKE]5.99[/STRIKE] This has now been cancelled
Car Insurance = £49 (just reduced from £69)
Lloyds Loan = 351.13
Next = [STRIKE]£48 (approx[/STRIKE]) Gone completely
Mobile = 35 (£52 cashback at months 6,9 and 12)
Pet Insurance = £22.21
Board = 80
Pet food = £20
Petrol= £70 (I have to use my car for work)
Credit cards = [STRIKE]£30 [/STRIKE] Now approx £100
Family Load = £[STRIKE]0[/STRIKE] Now approx £35
Total = £762.33
Left over = £43.67 for me

I feel quite proud of myself!

Keeping_Positive

Excellent progress, you deserve to feel proud.

debbiedebt

Hi Charlie
Isn't it amazing how the debt starts to go down once you register with this site.
I have only just signed up but I am becoming completely obsessed with not spending so I can pay off all my debts asap.

Good Luck

Charlie1986

Incoming -
£850 approx per month ( I don't work regular hours as a care worker)

Outgoing-
Car Insurance = £49 (just reduced from £69)
Lloyds Loan = 351.13
Mobile = [STRIKE]35[/STRIKE] Reduced to 15
Pet Insurance = £22.21
Board = 80
Pet food = £20
Petrol= £70 (I have to use my car for work)
Credit cards = 100
Family Loan = £35
Freemans = 35
Total = £777.34
Left over = £72.66 for me

I did have 91 saved but the ruddy car broke down this morning and needed a new battery and I also brought a christmas present. It felt really good being able to pay with cash though
My aim is to clear Freemans and the family Loan by September We shall see how it goes.