Debt Consolidation/Remortgage Advice with Additional Borrowing

FleetingHummingburd

Thanks so much. Really appreciate that mate 

kimwp

FleetingHummingburd said:

Think the best option would be for me to get a second income. Thanks for all advice 

I think with the responses so far, this forum may not have seemed too helpful, but we can definitely provide help with where expenses can be reduced or where it would be helpful to put money aside for less frequent expenses. There's also the possibility that your debts might be on a spiral to become unmanageable and we might be able to spot that and help with solutions. It's entirely up to you (and the advice might even be to get a second job!)

The best first step (whether you share it with us or not) is, as Grumpel says - fill out an SOA (link in my signature) to understand where your money is going and then you can see if any is leaking out anywhere. To be useful, it needs to be an accurate reflection of your outgoings over a year. You can do this by looking at the last three months and then adding any annual expenses, or even better, use your outgoings for the last year. It's surprising how different expenses can be from what we think they are. if you want to share it on here to get some wisdom of our experienced crowd, select "format for MSE" and copy-paste it on to here, noting any unusual circumstances  eg a child that only lives with you half the time.

RAS

Agree with kimwp. It is much more common for us to find areas for which the poster needs to make financial provision that to find they've been over-enthusiastic.