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  • Emmalene
    Emmalene Posts: 38 Forumite
    JCS1 wrote: »
    M&S current balance £3,133-56, paying £335-54 per month would take 11 months to clear, so that would be (assuming December is still to be paid) October not July.


    Does it matter really I’m paying them off each month
  • JCS1
    JCS1 Posts: 5,336 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Emmalene wrote: »
    Does it matter really I’m paying them off each month

    It doesn't really matter no, but it will affect any plan you put together to deal with the debts. Once paid off it will free up £335 a month, but 3 months later than you thought.

    If you look into something called snowballing your debts, that is one option available to you.
  • Emmalene
    Emmalene Posts: 38 Forumite
    Yes I’ve heard of that
  • Willing2Learn
    Willing2Learn Posts: 6,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Yup. Snowballing is probably the best way to pay those debts. :)

    Either snowball the debts in ascending order (ascending size of debt)
    or
    snowball in descending order (descending APR interest)
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    :smiley:
  • Emmalene
    Emmalene Posts: 38 Forumite
    Thank you that’s great
  • Vikipollard
    Vikipollard Posts: 739 Forumite
    Tenth Anniversary 500 Posts Name Dropper Debt-free and Proud!
    Emmalene wrote: »
    These are the only luxuries I have and I’m keeping them
    Emmalene wrote: »
    Exactly stop being an arrangent !!!!!!!
    Emmalene wrote: »
    Does it matter really I’m paying them off each month

    You tell people to shut up. You tell people to stop being (what I think was) arrogant. You refuse to accept that the ridiculously expensive phone and nails are LUXURIES you want (not need), and need to go without - and that you're using money your family are giving you to help with your drop in salary. And the fait accompli is that, when it's pointed out that your maths are out, you're dismissive and petulant.

    Stop behaving like a brat. You've been given good advice which you don't want to take because it means making changes and You Don't Want To.

    Nothing will change unless YOU do something to make that so. You clearly haven't had your LBM yet, and until you do, postulating on a forum will not move you forward.
    LBM July 2006. Debt free 01 Sept 12 .. :T
    Finally joined Slimming World: weight loss 33lbs...target achieved 51wks later 06.05.13 & still there :j
    Aim to be mortgage free in 2022. Jan 17 33250 Nov 17 27066 Mar 18 24498 Sep 18 20608 Nov 18 19250 Jan 19 17980 Mar 19 16455 May 19 15024 Nov 19 10488 Feb 20 8150 May 20 5783 Aug 20. 3305 Nov 20 859 Mortgage free, 02.12.2020
  • Emmalene
    Emmalene Posts: 38 Forumite
    Listen keyboard warriors shut the hell up

    I am taking advice on !

    I’m sorting it the best way I can so leave
    Me alone
  • Vikipollard
    Vikipollard Posts: 739 Forumite
    Tenth Anniversary 500 Posts Name Dropper Debt-free and Proud!
    Emmalene wrote: »
    Listen keyboard warriors shut the hell up

    I am taking advice on !

    I’m sorting it the best way I can so leave
    Me alone

    I rest my case....
    LBM July 2006. Debt free 01 Sept 12 .. :T
    Finally joined Slimming World: weight loss 33lbs...target achieved 51wks later 06.05.13 & still there :j
    Aim to be mortgage free in 2022. Jan 17 33250 Nov 17 27066 Mar 18 24498 Sep 18 20608 Nov 18 19250 Jan 19 17980 Mar 19 16455 May 19 15024 Nov 19 10488 Feb 20 8150 May 20 5783 Aug 20. 3305 Nov 20 859 Mortgage free, 02.12.2020
  • Debtnomoreplease
    Debtnomoreplease Posts: 215 Forumite
    Just can't help some people!

    Really starting to think this is a troll, as surely someone can't be so rude after receiving such fabulous advice off the lovely people on this site!

    If this really is genuine-good luck and I really hope you have your Lightbulb moment before you end up deep in the hole!
  • Emmalene
    Emmalene Posts: 38 Forumite
    People are so rude they really are
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