Is there a smarter way of me getting out of debt?

RandomQ

mcscoobs wrote: »

Just saw the edits! Currently my partner pays for Water, TV Licence, Council tax. I pay for netflix for £7.99. I get my mobile phone contract for free and parking is free for me (at work). Contents and road tax was paid in full when it was taken out. I literally listed all my current outgoings and put it above. I'm not the best "planner" to be fair!

I am not seeing the means to pay off the £17k in a year

You did not answer the WHY?

You cannot selectively includer partner's salary but not the debts they pay, put everything in the SOA

You are in this together and you agree a budget for every little expense.

When the £1k comes you can pay £12k a year off the £17k

It is this unrealistic attitude to what you can pay off and how much your debts are month to month that got you into this position,

You are actually far luckier than most on here as you can service the debt, for now at least.

Craig1981

each to their own for the smaller amounts - if it is covered in the surplus £800 form your SOA, like birthday, christmas etc, your call, but would strongly recommend christmas budgeting throughout the year as surely you'll spend more on this specific occasion yearly?

with what you have posted, i re-iterate what i said earlier, dont change a thing - try and increase payments as much as possible to your loans each month, to bring those down as quickly as possible.

IF you had surplus of £400 after each penny accounted for for ALL expenses, then there are some options you could have available to you