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Cazmeena
Posts: 23 Forumite

Hi .. I’ve been on here before with regards to trying to get debt free .. someone suggested a website where you can add up all your debt and it shows you what you should pay first ?
Does anyone know what’s it’s called thank you in advance

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You may also want to look at lemonfool's Statement of Affairs, which helps with budgeting? And look at MSE's 0% card checker?If you've have not made a mistake, you've made nothing1
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Link for the SOA calculator can be found in the sticky post at the top of the board, or in my signature below.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
you can use the snowball calculator to give you all the details or simply write out the debts with minimum required payments and current interest rate. Make sure the minimum is always paid and then whack anything extra you have on the one with the highest interest as that's costing you the most.
as an alternative some people like to clear the smallest debt first assuming it's doable in a short period. Gives that boost to your confidence that you can beat this. And leaves you with less to think about.
But I also agree that filling out the SOA might be helpful as there may be things in your budget that someone here can help you with - particularly as most of us have been through this one way or another.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
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