Atypi_Gal wrote: »
Hi all :hello: I've lurked for a while and wasn't sure about whether I wanted to post. But, well, the not-great not-boyfriend finally broke things off with me tonight, and even though I shouldn't have been in any way surprised, it is still kinda devastating
Anyway, I am not someone who's easily defeated, so clearly I need something to focus on so that I don't go nuts. I vaguely had it in mind to eventually buy a flat, but I guess I need to address the elephant in the room first, and that's my debt.
£6,000 to my parents
£2,000 on a personal loan
£500 to the DWP from a Universal Credit advance when I was out of work
and I essentially live hand-to-mouth as I don't have an emergency fund :eek:
My parents haven't really asked for it to be repaid and my mum even suggested it might end up being a gift, but I kind of feel as if it should be repaid. In any case, the personal loan is the top of my to-do list. The UC loan is interest free and on a £20/month arrangement.
I have a static caravan I'm trying to sell, which is well-priced but very difficult to shift. That should clear out the debts, but in the meantime I chip away at them and if it takes a long time then I guess it will start my flat deposit fund.
Thank you for reading!
Atypi_Gal wrote: »
Thank you, ceb1995. I live very frugally and am fortunate that I barely even need to buy groceries (work feeds me five days a week and sometimes sends me home with food). I live in this town's cheapest flat, I drive a Little Tykes car. I don't go out, because I don't really have friends here.
Mostly I catch up with friends and entertainment on my laptop. A friend lets me use their Netflix and I don't own a tv.
So realistically I'm spending about 50/month on groceries, 40/month on fuel, 60/month on the loan, 65/month on power and water, 25/month on my internet and phone. Everything else goes onto a credit card, which I repay in full 90% of the time. Really, it was 6 months of underemployment that got me down to the no-emergency-fund situation. I do have quite high credit availability, if something bad happened, but that's obviously not ideal.
I'm reasonably sure I can't get my spending down much lower, I suppose I was just hoping to get to know some others who live very cheaply and can empathise
Get up to £25 this Saturday
What MoneySaving things can you do now to get ready?
Including already-reduced outlet stock