had lightbulb moment!!

mum2one

here goes, just thought Id add up allmy debts expecting them to be about 5k, but the whole lot is

£11,415

so going to look into the snowball thing and go from there to setmyself a debt free date.

Original date - 31st March 2011 - (my 40th Birthday), but want tobring it forward

so any ideas would bevery grateful

On income support - but can only earn £6.84 a week, as they say I was overpaid when I topped up my income when I was earning the great sum of £20.00 per week.

I wont be able to get 0% card, the highest APR is Aqua card 39% , owe £815.00 on that one so am aiming for £80.00 pm

Im studying at open uni still have to part pay my course

Aim to have a free xmas,- busy filling in surveys, click sites

Done all the ebaying I can think of

My only other talent is palm reading - dont know how far that will get me.

Any ideas would be welcome x

biglad

congrats on realising

if you post a SOA see southernscouser sticky then the good people on here will see if theres anyway to reduce your outgoings

also give payplan a ring who have been fantastic for

mrsmortenharket

just bumping this back up.

Post your SOM (all your incomings & all your outgoings) & we can see if we can see if theres anyway of reducing some of your outgoings.

Lisa x

twi1ight

No real advice from me but if you can get through Christmas without increasing your debt then that's a great start.

mum2one

Ive done well with xmas this year, did my bargain hunting throughout the year, and did the free bingo won over £300.00 on that so thats paid for everything for my daughter, spolit as always , resents for my parents ( there having a vax carpet cleaner - half price at Argos) and got a couple of little things to open.

Would save lose change etc, but daughter has all loos3e change uni fund (shes only 5), and all the 50ps saving up to go and swim with the dolphins (got a long wait - were getthere eventually).

Xmas 2008 - challenge is to have as much as pos paid for by surveys etc.

Sort out my soa ove weekend. x

taxi73

Welcome and well done on having your LB moment..look forward to seeing your SOA

mum2one

Here goes my SOA and my debts

Income Support, Child Benefit, DLA and Tax Credits:

Monthly - £792

Get no child support from my daughters dad, he packed in work, we live with my parents, so they saidwhile I get the worst ofmy debts off just pay them the £100 and the sky.

Outgoings:

Mobile Phone £20.00 (pay and go (1 x £15.00 mth = 300 free texts, 150 off peak mins). ( 1 x £5.00 month emergency phone))

Internet AOL + call package =£32.00
Mobile Internet £20.00 (Had a grant from Open uni but hadtouse it off bills)
Open Uni £50.00
credit cards £250
overdraft - £50.
Pocket money daughter - £15.00
Sky £36 (just signed into 12 mth contract sky+)
Life Ins £15
Savings plan £10
Petrol £30
Car Ins £25
Car bills £25
Home bills £100
Holidays £50.00
Odds and sods £60

Total £788


Debts

Credit Cards
Aqua - £816.00 39% apr (aiming at £70.00 per month - est Jan 09
Barclaycard - £482.00 - 24% ( aiming at £30.00 per month) est Apr 09
Halifax - £1241 - 19.9% (aiming at £55 per month) est Dec 09
Evans storecard £1176 29% (aiming £75.00 per month) est Dec 09
Capital One - £609 24% (aiming £30.00 per month ) estDec 09

Open uni £575 -9% apr -Minimum of £50.00 month repay Dec 08

Overdraft £1000 - 15% apr - £50.00 per month - Dec09

Club £45.00 (!5.00 mth - 3 months)
Club account 2 (55.00 - 2 months £27.00)

My savings goto be replaced - £1420
Isa - need to be replaced Owe - £1600
Dad owe £2000

Xmas 2007 all paid for

Xmas 2008
Pigback
Mutual points
Quidco
Greasy Palm
2 x survey companies - recieved £20.00 Boots vouchers
Boots points _ £2.00

mum2one

Hve put the SOA on thr debts thread as well, so am open to ideas

Cheers x

mum2one

My snowball

Aqua - Oct 08
Evans - Mar 09
Barclaycard- Apr 09
Cap 1-June 09
Halifax - Aug 09
OD Oct 09

IOU - savings account and parenst - Feb 2011

But I intend to get clear b4 that, will use this thread as my monthly diary.

x

biglad

Internet AOL + call package =£32.00 Can this not be done cheaper, what speed is your broadband, tiscali do £19.99 amonth for line rental, free calls all time and upto 8mb broadband
Mobile Internet £20.00 (Had a grant from Open uni but hadtouse it off bills) can you cancel this or at least get it cheaper, 3 mobile broadband i think is 310
Open Uni £50.00
credit cards £250 breakdown and aps??
overdraft - £50. whats this for, is it charges?? cant you move account
Pocket money daughter - £15.00
Sky £36 (just signed into 12 mth contract sky+) sky+ is free, can you not reduce package and reduce mixes that you dont really watch
Life Ins £15
Savings plan £10
Petrol £30 can you walk anywhere to save money
Car Ins £25
Car bills £25
Home bills £100 could you not shop around for your parents to reduce their bills so you can reduce this?
Holidays £50.00
Odds and sods £60 breakdown, are they all necessary

Hope this helps and none of it seems harsh

immoral_angeluk

Well done on your LBM. It's always scary when you write everything down and you see how much it comes to! Could you do a breakdown of your 'odds and sods' though? is there anyway of cutting this down?