First of all I must say that I didn’t ever have a lot of debt, about $1,400, but it was a millstone around my neck. I am now down to $305 which makes me feel better, I won’t feel totally relaxed and feel like I can breathe until about mid June when the last of the two debts that I have will be gone. One is $105 and the other is $200. The silly thing is that one of the debts is almost two years old and was for $78. I kept ignoring it and hoped that it would go away really. Another was because I had gotten onto a treadmill of cash loans from Money 3, but they had a 30% interest rate and that hurt. Thankfully I had only ever borrowed $300 from them so extra $90 but I had to find the $90 and the original $300 so when I paid off the first I then went and borrowed another $300 to cover the short fall from the first $300.
I can honestly say that I was only able to start seeing the forest and not just the trees when I went to a CAP Money course. It was run over three days and taught me a really helpful way to manage my money. I was like the proverbial ostrich before where I stuck my head in the sand and now that I am taking a careful look at my finances and actually budgeting properly I am not only paying off my debts but saving for a holiday, paying for all the bills, putting money aside every week for prescriptions, haircuts as well as fun money for both my self, my husband and the kids.
If you are having trouble with your finances give them a look, I don’t have anything to do with them, other than being helped by them. Without wanting to sound like one giant cliche, what have you got to lose but your debts.
Posted by puddlepie, 25th March 2013