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Small Debt, Smaller Income, big potential?

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  • You may have a problem claiming benefits if you are registered self employed. You should look into that.

    It is difficult to comment on a soa when there is no income and this is your problem too as budgeting with no reliable source of income is almost impossible. Given that you have £1200 of monthly outgoings and no fixed income I cannot see how that is sustainable unless your partner picks up your bills or your debt increases. As your debt increases of course so do the monthly payments so ideally that should not happen.

    I guess all you can do is try your freelance career for a fixed time and see how you get on and muddle through until then. Or you look for a regular salaried job and do your freelance work on the side. That is what I would do given your situation.
    I’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.
    Save £12k in 2026 Challenge £12000/£6000
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    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
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