Debt depression

sammyjammy

karenandrei wrote: »

My husband’s a blind as a bat and can’t afford new glasses! I will give it another try however - as you say, anything’s better than nothing.

Some survey sites are better than others, try Opinion Outpost, they pay out to paypal so you can get cash and you also only have to have 50 points for a pay out, 50 points is equivalent to £2.50. You can earn that in one sitting and they have plenty of surveys.


Power of Opinions is also good although it takes longer for a payout and you have to get to a min of £10 for you can cash it in there are lots of surveys.


YouGov is well paid but you have to reach 5000 points which is £50 before payout, I get to this at east twice a year.

karenandrei

MovingForwards wrote: »

Please don't take this the wrong way but with your husband's age and him having about 45% of the debt why not look at a DRO, especially as he isn't in permanent work, it would then give you a breather to work out what is the best way forward with yours.

Specsavers do glasses for £25, they are also better than nothing.

I cant remember if a DRO was recommended to us, but it’s something we will look into.

We’ll have a look at getting some cheap glasses as well.

karenandrei

Ben75 wrote: »

A DMP is an informal arrangement, so you are not locked into your current agreement. In my experience, creditors are happy as long as you are paying them something as it gives them confidence they will get their money back and if you let them know you find the current arrangement unaffordable they would probably prefer to take a bit less knowing its going to be sustainable.

YNAB is a piece of budgeting software called You Need a Budget. I have been using it for several years now, but you do have to pay for it. I am unaware whether there are better alternatives available - perhaps others can advise if they are. If you don't already do this, It would mean you are budgeting each month's money in advance and are aware of where its all going so you can make sure you make the most of it.

Do you think it’s worth the money? I might see if I can find a free alternative.

karenandrei

sammyjammy wrote: »

Some survey sites are better than others, try Opinion Outpost, they pay out to paypal so you can get cash and you also only have to have 50 points for a pay out, 50 points is equivalent to £2.50. You can earn that in one sitting and they have plenty of surveys.


Power of Opinions is also good although it takes longer for a payout and you have to get to a min of £10 for you can cash it in there are lots of surveys.


YouGov is well paid but you have to reach 5000 points which is £50 before payout, I get to this at east twice a year.

Okay, thank you.

Clouds88

Karen I would definitely look into insolvency, in the form of a Debt relief order for husband, as long as his debt total is under 20,000 and none of them Fraudulent, student loans or child maintenance payments it would a one of payment of £90 and lasts a year and then he is free from his debt, simple as that.

For you- have a look at a DRO also, but you need to have less than £50 spare each month but put up a statement of affairs showing your income ect and people can make suggestions on cutting areas or putting more money into others if it looks a bit scrimp.

My husband suffers with mental health problems and I know that it can seem
Like nothing is worth it and what is the point but on these forums people want to help others and hopefully we can help you find a solution which will make you feel a bit more positive.

karenandrei

Clouds88 wrote: »

Karen I would definitely look into insolvency, in the form of a Debt relief order for husband, as long as his debt total is under 20,000 and none of them Fraudulent, student loans or child maintenance payments it would a one of payment of £90 and lasts a year and then he is free from his debt, simple as that.

For you- have a look at a DRO also, but you need to have less than £50 spare each month but put up a statement of affairs showing your income ect and people can make suggestions on cutting areas or putting more money into others if it looks a bit scrimp.

My husband suffers with mental health problems and I know that it can seem
Like nothing is worth it and what is the point but on these forums people want to help others and hopefully we can help you find a solution which will make you feel a bit more positive.

We did talk about it last night, but my husband doesn’t want his name to go on the public register and to be honest I don’t think I’d want mine on it either.

I do appreciate all the advice I am receiving though x

katsu

I wonder who you know who would look at the public register and care that your husband was listed there? Or yourself if your work doesn't prevent it?

If you are both unhappy with your quality of life on the dmp then it may be a better option to go for a dro?

Or if you would like to share here the budget you made with step change, people may have other ideas for adjusting it?

katsu

Do you have a B&Q near you? They always used to be a shop that was very positive about employing older people.

Office cleaning might be another option?