Originally Posted by Porkie
Sell the expensive car for a start. Then get a bar job or Pizza Delivery job in the evenings. You will earn money AND not be spending it. May meet some new people and cheer yourself up as well.
Thats what I would do if I was in debt. When I left University I was doing 36 hour straight shifts. Driving from a Security job, then a Sports shop and then back to the security job. Doing lots of other side jobs as well. I worked 7 day weeks for 3 years!
I would not be ashamed of doing ANY job if I needed to either in the future.
You have your health and thats the important part. So stop whinging, cheer the fcuk up and dig yourself out of the debt hole! you could even have fun doing it!!!
You should listen to this man - he KNOWS what he is talking about, and has gone from one end to the other, and done "pretty well" for himself along the way. When it comes to money, finances, and sorting your shit out, Porkie is a WISE bet to listen to.
I also agree with him. I got in debt due to cars. The first mistake I made was to take a loan to buy a car - will never do that again, simply not worth it. Second mistake tho, and bigger than the first, was to include the cost of the first years insurance on the car in the same loan
Great, paid my insurance off in one go, not in installments. Wicked. NOT. I was paying the repayments on that insurance policy for the next couples of years, not the one year it would be by going installment plan on the insurance!!! Will not do that again either!
Thankfully, I am debt free now. This has to do with two things. 1) positive attitude and weighing up what is important and what is not. Having three cars was NOT important, so I sold em all. Okay, so I am lucky as I have a works van I can use for (most) private use, but even when I didn't have it, I had a clapped out £300 L-reg Orion that cost £350 to insure and naff all to run. Sure I wanted an Escort Cos, or another RS Turbo, but it wasn't financially viable!
The other major factor in coming debt free for me tho was my grandad dying. He left me enough money to pay off my debts and start a savings fund, which I now contirbute religiously to, as I am adding to this for my future, for a house deposit.
Ok, so I was lucky with the inheritance, but you CAN get yourself out of debt by doing things the right way. I know it's easy for me to say this when I am debt free, but honestly, it is true.
Sell the car. Sure you will be gutted, and yes you worked hard for it. But in your present state of affairs it's doing you no favours. Sell it for top dollar, and along with that lump sum, you will also effectively "make" money (which is a good way to look at it, positive attitude and all that) by not having to pay the running costs : fuel, tax, MoT, insurance, etc...
Next, get onto the CAB!!!! And PayPlan - as said, you should NOT be being hassled by the creditors or having more penalties etc attatched to you since signing up with this scheme.
It sounds to me like you have a level head on your shoulders and have started going down this route the correct way (doing by the book) and this is a good thing. You are just a bit down, and looking at it the wrong way at the moment. There is ALWAYS a light at the end of the tunnel. Sometimes you just need to search it out yourself
As Lee (Porkie) said tho, look for better paid work - even if it means doing something you didn't want to originally do. I work for autoglass fitting windscreens etc. I don't WANT to do it, would rather go back to loafing about in a music shop playing drums and generally doing fuck all, but I was getitng paid fuck all there, and I couldn't afford that. AG isn't great, but it has the potential to pay me a lot of cash.
If you have time (and there is always time to be made) get a second/weekend job - go see your local delivery place (kebab, pizza etc.) Don't be ashamed either - I'd do it if I needed to! You make extra money (sometimes cash in hand too
) and you are out so not SPENDING money. As said, look at it positively, any money you would normally spend that your aren't is like "making" more money
Get down your local pub - get a cash in hand bar job for a Friday/Sat night, and day shifts on Sat/Sun - gotta be worth it. As said, you meet new people, who could be new friends, so you have a social life, plus you are earning - and not sitting indoors feeling sorry for yourself cos you think you can't go out cos you have no money...
It's all doable chap - cheer up and look on the bright/positive side. You CAN do it if you WANT to do it
