I want to be debt free and save some money!

MissD

:rolleyes: After a year or so of living within my salary (no credit cards), I succumbed, got a Virgin c/c and started using my Egg card again.

I have also stupidly got into the habit of going £500 overdrawn every month for the past 4-5 months. I also don't look at my internet banking like I used to do. nor do i check balances on cashpoints, I just ignore and if my debit card's refused that's when I'm in trouble, but it doesn't get refused.

I have approx £3K debt on Virgin and almost £1K on Egg card and have 1 month to go of paying of £1K loan. I earn £1,800 a month so should be able to save.

any tips please, i'd be REALLY grateful. in the past when i do do my internet banking, watch saving etc I can save up to £700 a month but more realistically £400 a month.

Miss D

Larumbelle

Hi Miss D,

the most effective way to get tips is to post as much information as you can in an SOA (read the first sticky on this board for information) so we can make suggestions.

On the surface your problems should be relatively quick to solve, but only if you face up to them. Ignoring them doesn't work, trust me, I tried that one!

I know it can be daunting, but take a deep breath, post as much information as you can, and we'll point you in the right direction

yellowmonkey

Agree with silvercharming. Post an SOA and advice will be excellent.

Welcome by the way and good luck

ym

tealady

Hello and welcome. A spending diary helps, makes you realise how much money can be frittered away (I'm speaking as an expert here). Also check out the snowballer to see how long it will take to pay off your debts.

GettingThingsDone

Hi Miss D and welcome to DFW!

We've all fallen off the DFW wagon from time-to-time and I'm sure we'll do what we can to help you get back on track.

Are there any particular reasons why you got out of your 'good' habits? Sometimes it helps to just have an arbitrary schedule - e.g. I always check my internet bank on a Saturday morning to help turn it back into a habit. I always try and add a fun element, otherwise it becomes a bit of a chore. And I have a thing about round numbers...

Anyway, good luck and keep posting!
gtd