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Totally clueless
Lovedog229
Posts: 2 Newbie
Hi all.
I am new to this forum and havent a clue what im doing! However we are in around £30K worth of debt and I need to start somewhere. I will do a SOAs soon. Any hints or tips of good forums to read would be good x
I am new to this forum and havent a clue what im doing! However we are in around £30K worth of debt and I need to start somewhere. I will do a SOAs soon. Any hints or tips of good forums to read would be good x
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Lovedog229 wrote: »Hi all.
I am new to this forum and havent a clue what im doing! However we are in around £30K worth of debt and I need to start somewhere. I will do a SOAs soon. Any hints or tips of good forums to read would be good x
Well this one obviously.
Some other good websites for general debt advice are National Debtline and Debt Camel.0 -
If you read people's diaries - it will give you an idea of what others have done to clear their debts down. Starting with an SOA is good. May be worth getting this moved to the diary board if you plan to post regularly.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £2.4K Net savings after CCs March 26 (but owed £1.1K) so £3.5K
3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.2K updated 16/1/260 -
Thanks both....ill have a look over the diary board
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