Nothing to so with babies
I am sooo fed and up down today and it's all to do with money!! My hubby and i rent and love the house that we are renting it is sooo much better than the tiny little flat we were in. We got ourselves into right debt over out wedding and hubby already had a cc card that was sky high. We are paying off the min every month which is getting us nowhere and I am just not sure what to do anymore.
k xx
k xx
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Replies
The trick is never to spend on the new card thou as interest will be applied to that and any monry u pay off will be reduced off the lower % interest one 1st.
Good luck.
xxxxx
It's because hubby had a cc that had like 6 grand on it which was all his own spending. Then we had to put the homeymoon on a cc so that was 5 k and we did get money from the wedding but we moved out at the same time which we had to do as they wanted to flat back and so he had to pay out for a freezer as the new house never had one and also the depost and a months rent and so on and so that went back in the cc and then i snet about 4k for the wedding in total with adding bits for the dresses and so on and the cake and this and that it all just added up and now here we are paying off the min each month and we have that sinking feeling.
Thanks for understanding girls
K xxxx
Good luck and it's not always as bad as it seems xx
http://www.moneysavingexpert.com/
There's loads of different ideas for how to save money and get urself out of debt from changing credit cards to getting the cheapest insuranse and morgages!
We all get in trouble at some point honey but don't get down theres always light t the end of the tunnel!
xxx
I am going to look into the o% and also cute back on a few other things. He wants to get a second job but i do not think that will help. I think maybe selling some of our stuff as we have sooooo much we don;t even use or need and we could make some money there.
I feel sooo much better about it already and it's really cheered me up. Thank you
Thanks for that link as well I will having a little look on there
K xxx
k xx
We're massively economising at the moment and managed to do a weekly shop at Morrisons for ??39 on saturday, just by planning ahead and sticking to a list. It's hard when you're worried about money, but you'll get through it.
k XX
OH got into loads of debt when he was younger nothing to show for it, got consolidation loans then we went through IVA for a year, found out were wasting money for them not to pay our creditors then asking us for double the amount each month. now were half way through bankruptcy! but still have store cards and a cc that we plan to pay off within 3months at end of year. No xmas for us i tells ya!! hopefully it will all be sorted b4 baby. xxx
Im by no means a financial advisor but im pretty good with money and saving it and heres how I do it...
I have an ongoing bank statement which I note down on whenever I spend. On pay day each month I sit down and fill it in. I note what has come in, what will be going out over the whole month and what is left is for food, petrol, savings & misc.
Work out what you spend on food & petrol each month, save a little for one treat (ie a takeway, a meal out etc) and then bank the rest in a savings account which you can access only with a book and cant be touched using a hole in the wall. Then learn to live on the money you have put aside. I would suggest living off cash so you dont lose count of how many ??10's you have taken out but if you cant do that then just make sure you keep all receipts and write them down with a running balance on your 'bank statement'.
You will soon see it mount up and you will feel better - then use that pay off the credit card. It could take a little while to see a difference but seeing money mount up in a savings account will make you feel good and then you can pay off a bulk in a few months time which will make you feel better.
Combine that with selling stuff (i find car boots quite good) and the 0% credit card or consolidation loan and you will be on the road to recovery!
My main advice would be....get rid of any surplus cash into the other account because if you can see it in your account you will spend it and make sure can account for pretty much every penny you spend. You will then see what you do actually spend it on & will realise you can cut down without it being too much of a chore!
Good luck!
xx