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  • FIRST POST
    • B17c
    • By B17c 9th Jun 18, 7:19 AM
    • 290Posts
    • 1,539Thanks
    B17c
    Tips to save money to pay debt off quicker
    • #1
    • 9th Jun 18, 7:19 AM
    Tips to save money to pay debt off quicker 9th Jun 18 at 7:19 AM
    Hi all, I’m currently £11k in debt, enough is enough, I need to get rid once and for all.
    I’m not in dire straits, still managing to pay my rent, bills, minimum payments but it’s tight and there’s no real ‘spare money’ at the end of the month. I’m after tips and ideas on how to cut back/save money/make money to clear the debt quicker...

    Things I’ve thought of are:
    Eating through any stores in my cupboards
    Doing a carboot sale or selling on eBay as I do actually have quite a lot of stuff I could get rid of.. I really want to do a carboot sale but I don’t drive so need to find someone that would do one with me
    Buying ‘own brand’ or ‘basics’ food
    Cancelling my gym membership
    Walking to work instead of getting the bus

    Any other ideas would be much appreciated!

    I work nights so could pick up an extra shift as overtime but a 2nd job isn’t feasible
    I rent with 2 other flatmate’s so would have to speak to them regarding bills/utilities
    Credit Card Debt: £11,000
    Capital One: £2900
    Aqua: £2900
    Marbles: £2700
    Tesco: £2500
Page 5
    • monnagran
    • By monnagran 6th Jul 18, 7:41 PM
    • 3,864 Posts
    • 51,791 Thanks
    monnagran
    B17c WOW, that's a sizeable chunk off the Aqua card and now that you have enough euros for the trip, anything else that comes in from selling stuff can knock a bit off as well. At this rate you will have that Aqua card paid off before Christmas. That is amazing.

    Think, How come the electric bill is so much in a heatwave? I could understand it if it was really cold and the heating was on, but it seems weird to have such a high bill in this weather. Did they give you any idea of why it was suddenly so much more?

    Sorry about the unscheduled change to your user name T I n k . My tablet is a law unto itself.
    I believe that friends are quiet angels
    Who lift us to our feet when our wings
    Have trouble remembering how to fly.
    • Tink_04
    • By Tink_04 7th Jul 18, 3:05 PM
    • 953 Posts
    • 4,928 Thanks
    Tink_04
    Wow that is great about your tax rebate!

    I don't know Monnagran! We pay £52 a month for the elec - I just assumed as we were now in a house not a flat it was just the extra cost incurred? We have had too but no idea? We have a smart meter but not really sure how to use it to be fair!
    1p savings challenge 2018
    £2 savings challenge
    • B17c
    • By B17c 11th Jul 18, 8:58 AM
    • 290 Posts
    • 1,539 Thanks
    B17c
    Morning all... sorrry I've been quiet, I've been working A LOT over the past week, not long home from a 12 hour night shift.. need to sleeeepp!
    Waiting for my rebate to clear so I can put it towards my aqua card... will hopefully get a fatter pay check too with all this overtime but that won't be til around the 25th...
    My friend rang me this morning about the chaperone work, the family are coming over end of July for 6 weeks... it's normally long days eg 9am til 9pm but I can't fit that around work. I've asked her to check with them if I can do 9 til 6, though it would still mean 4 days a week with barely any sleep, if any. Though it's very well paid and I'm thinking 6 weeks of little sleep is worth it for nearly 5K!
    I'm off to sleep now, last shift in tonight then 3 days off!
    Plan for my 3 days off:
    Batch cook
    List items on eBay
    Sort out carboot stuff
    Plan grocery shop, I've 14 weeks to fit into a bikini so I think slimming world is going to be on the cards again!!
    Credit Card Debt: £11,000
    Capital One: £2900
    Aqua: £2900
    Marbles: £2700
    Tesco: £2500
    • Tink_04
    • By Tink_04 14th Jul 18, 10:56 AM
    • 953 Posts
    • 4,928 Thanks
    Tink_04
    Hi - your doing really well!
    The money sounds good but make sure it's do able as your health is very important. Have you thought about using some annual leave on your normal job in order to make taking the 2nd job easier as it's only short term?
    Think about the tax too as that jump in wage and effect your tax code etc!

    Tink
    1p savings challenge 2018
    £2 savings challenge
    • B17c
    • By B17c 15th Jul 18, 12:58 PM
    • 290 Posts
    • 1,539 Thanks
    B17c
    Thanks Tink! It was private work, cash in hand but it's not happening now I've been told, gutted as the money would've helped so much!
    Not much new to report, waiting on pay day... I joined slimming world again, need to make sure the extra hours I did last week have been put in the system...
    Credit Card Debt: £11,000
    Capital One: £2900
    Aqua: £2900
    Marbles: £2700
    Tesco: £2500
    • monnagran
    • By monnagran 15th Jul 18, 1:52 PM
    • 3,864 Posts
    • 51,791 Thanks
    monnagran
    Sorry, not been around for a bit owing to more than the usual mayhem going on.

    What a bummer about the job B17c. Still, if you can do extra hours on your normal job it will help with getting extra to whittle down the Aqua card.

    How are you surviving the heatwave? I has made me not so hungry so I am taking the opportunity to knock a bit of weight off. It's a bit like getting debt down only in pounds and ounces instead of pounds and pence.
    Good luck with Slimming World. People swear by it but I have tried it twice and put weight ON each time. I must have tried every diet going and every slimming club in existence since 1955 and none of them have worked brilliantly.
    However, I have just read The Overfed Head, purchased at great expense, and it makes perfect sense. I have lost 4 lbs almost painlessly in just over a week. Unheard of in my lifetime. Of course, the hot weather helps.

    Keep plugging on. You'll get there.
    I believe that friends are quiet angels
    Who lift us to our feet when our wings
    Have trouble remembering how to fly.
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