We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help Please

Thomo2k8
Thomo2k8 Posts: 1 Newbie
in Debt-free wannabe
Hi ive recently found myself with an overgrown overdraft which now stands at £1500 , i have £500 in my savings but i really need to keep it there and my monthly basic wage is 965 pounds , the good thing is i live at home but is there any advice anyone can give me to get rid of this cloud over me as id like to be moving out soon!:confused:

thanks

Comments

  • Cleosmum
    Cleosmum Posts: 2,673 Forumite
    Part of the Furniture Combo Breaker
    Use the £500 savings to pay some off the OD and then get a 2nd job to pay off the rest before you move out and really dont need a debt hanging over your head. Is the OD your only debt?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.5K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.5K Work, Benefits & Business
  • 601.4K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture