21 And 6 Grand!!!

LolStevo

Well iv added up my debts and iv got £6071.09 worth of debt!!! This has shocked me into doing something as im only 21 and would like to buy my own house soon!!! So peeps i need some help here!!!

Heres my SOA:

Income: £858

Outgoings:

Petrol:£160
Food:£100
Rent:£200
Car insurance £50



Debts:
Natwest loan:2751.95
Natwest o/d 1410.25
Capital one: 136.12
o2: 197.20
natwest credit card:878.56
la redoute:145.19
littlewoods:287.86
rbs:190.41
tmobile:73.55

Family loan £500

All of the above debts have been passed over to dca's!

I have contacted CCCS who have said they will write to me soon but i dont know what to do! im looking for a 2nd job to increase my income but its hard as the shifts pattern i work are unusual!

Any ideas would be grateful thanks!!!

xLolx

MiniLaura

Seems to be quite a lot missing from soa?

Do you live at home with parents? rent include all bills etc? Phone/TV/Internet/Water/Council Tax/Power/

Must be more costs for car?

What about socialising and entertainment?

Some of the debts are reasonably small - could maybe just clear one per month or so to get rid of it? concentrate on getting other bigger ones down after that? DO you have any arrangements with DCA's yet?

Ideas for other income:

Ebay stuff ur not using
Sign up to click/cashback sites
(look on up your income board for more ideas?)

Jo_R_2

Just wanted to say that's a lot of petrol for the amount you are earning. Do you use the car for work, and if so, is it far from home? Or is that mostly for personal use? Any chance you could get a smaller/more economical car? What kind is it for £50 a month insurance?

Sorry lots of questions there! Just asking because I've had the same realisation about my car. I use mine for work, although I get paid expenses I do a nearly 50-mile round trip per day and have had to recently reduce my hours, so although I recently got an estate (I used to have a 3-door Clio which was a real pain with two little ones to get them in and out and not much boot space), I'm thinking of downsizing as I am spending a fortune in petrol.

Also, have you shopped around to make sure you are getting a good deal for the car insurance?