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Urgent Advice Needed Please!
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As basketcase says you would be surprised at how you could cut back further. We rarely buy newspapers anymore unless there are any special offers in them as it was costing us over £25 a month. We now read them online or OH picks up the free Metro newspaper. We do our regular shop at Aldi,saving us another £100 or so a month & cancelled Sky,saving us £37 a month,so just by doing those 3 things we are over £150 a month beter off. We nearly went down the consolidation route but are so glad we didn't,as we would have had to pay £22k in interest on the £32k that we wanted to borrow over 16 years! Putting our SOA on here helped us so much & i am sure it will help you too. Good luck!P.S. We have cut back on everything we can and have been living off not much for sometime now...Debt at LBM(July 1st 07)-£35,053.92 Debt on 1st Anniversary of LBM(July 1st 08)-£33,170.11 (31st January 09)-£32,318.73Paid off so far £2,735.19(7.8%) Average paid off p.m. £143.95 L/H supporter 115 DFD target February 2018 DFD March 2028. PAD(Started 28/12/08) £253.77 £10 a day Feb £110/£280 WEDDING Paid off £1,585.96 Saved Up £925.400 -
Contact details for CCCS and othe debt charities in my signature.
Definatly put your SOA up on the board and let the good folk here check it over for you.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
I would also recommend doing a SOA and the one on makesenseofcards.com is brilliant. We did it when we believed that there was no hope for us and managed to save £10,000 a year just by being a savvy shopper. It is also great prep work for the CCCs.Thanks for the advice Martin! :money:Member no. 920 - Proud to be dealing with our debts0
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