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I have the answer but no one will help

24

Comments

  • Grumpelstiltskin
    Grumpelstiltskin Posts: 5,719 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    2 adults and only one income?

    Is that correct?
    If you go down to the woods today you better not go alone.
  • Grazelgirl
    Grazelgirl Posts: 12 Forumite
    Sixth Anniversary Photogenic Name Dropper First Post
    Grumpelstiltskin wrote: »
    2 adults and only one income?

    Is that correct?

    My debts are before my partner so dont want to get him caught up in this thats all.....
  • StokieBecks
    StokieBecks Posts: 4,997 Forumite
    Part of the Furniture 1,000 Posts Photogenic Xmas Saver!
    No council tax payments?

    Why is your medical costs so high per month?
    £2 Savers Club for 2022 #12
  • Grumpelstiltskin
    Grumpelstiltskin Posts: 5,719 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    OK Your debts but are the figures on your SOA just yours ?

    Eg rent, food, etc. If these are the total amounts then you need to put your partner's contribution as income.

    Car and motorcycle are you are only one that uses them?
    If you go down to the woods today you better not go alone.
  • Grazelgirl
    Grazelgirl Posts: 12 Forumite
    Sixth Anniversary Photogenic Name Dropper First Post
    StokieBecks wrote: »
    No council tax payments?

    Why is your medical costs so high per month?

    The £175 in my groceries go into a pot every month and covers my half of the other bills etc...

    I have a health plan through work which covers myself and my partner
  • JCS1
    JCS1 Posts: 5,338 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    As the consolidated loan seems to be a no go, then need to look at alternatives.




    Are the interest rates in your SOA correct? There are quite a few at 0%.


    If not, have you checked to see if you are eligible for any balance transfers to 0% credit cards?


    Also look into snowballing, where you pay minimum on cards and throw all spare money at the one with the highest interest rate. Once that is clear, then on to the next highest.
  • JCS1
    JCS1 Posts: 5,338 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Grazelgirl wrote: »
    The £175 in my groceries go into a pot every month and covers my half of the other bills etc...

    I have a health plan through work which covers myself and my partner



    So you pay £175 groceries, bills and rent? Does your partner pay the same?
  • Grumpelstiltskin
    Grumpelstiltskin Posts: 5,719 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    JCS1 wrote: »
    So you pay £175 groceries, bills and rent? Does your partner pay the same?


    Also does he earn the same as you or much more / less ?

    So groceries £350 monthly for 2 people?
    If you go down to the woods today you better not go alone.
  • Willing2Learn
    Willing2Learn Posts: 6,294 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 8 March 2019 at 12:42PM
    Grazelgirl wrote: »
    The 151 is my motorcycle payment and the same with my car, mt car one is nearly finished.
    How many more payments are there remaining on the bike? As that will release additional funds to start paying down the debt with the highest APR. :)

    Are you paying any interest on the bike payments? If so, what is the APR?

    Ouch, I just noticed that you are not currently scheduling any repayments to either your nan and partner. :(

    Does your partner pay half the rent, electricity bill and groceries?

    Are the HSBC, Santander and Virgin debts all at 0% APR?
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    :smiley:
  • JCS1
    JCS1 Posts: 5,338 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    This may sound harsh, it isn't meant to be.


    Do you need a motorcycle and a car? Could one be sold?
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