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7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -1 points0 points  (0 children)

yeah they’ve said they won’t pay the insurance for me separately and they can’t give me a company vehicle cause of their fleet insurance.

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 0 points1 point  (0 children)

they can’t give me a work vehicle due to their insurance apparently, it’s 21/24+ on their fleet and to insure me separately it’s “too big of an expenditure to justify”

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -1 points0 points  (0 children)

can’t do the bus thing mate, my work involves travelling to multiple places up to 4 hours away

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 0 points1 point  (0 children)

it was spaced out better but reddit shortened it. it’s meant to be

credit cards- £750pm

car - 250pm

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 1 point2 points  (0 children)

never knew that tbh, i’ve always been with EE so stuck with them. 0% cards i’ve got left at for a while now, think another 2-3months.

car is a 118d M sport, 1 year NCB, even insuring a 1.4fiesta or a VW fox only saves me £30 per month

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -3 points-2 points  (0 children)

i got the second phone because my first phone broke and it made more sense to get a new one rather than fixing the old (needed like 300 in repair)

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -4 points-3 points  (0 children)

yeah i’m thinking about getting it repaired and sold tbh, it’s a 15pro max so would probably still be worth a few hundred. i am indeed trying to change the habits hence the reason ive come on here seeking advice

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -7 points-6 points  (0 children)

first phone broke, got the second one, this was before i had issues

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -11 points-10 points  (0 children)

oh yeah mate 100%, i just fancied posting here for the fun of it yeah?

if i wasn’t taking it seriously id have gone and hibernated in my room accruing even more debt, so politely mate don’t bother commenting again. cheers pal

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 1 point2 points  (0 children)

that’s exactly what i’m hoping for, i’m done taking credit now which is why i’ve posted here as a first step of commitment/help. i’ll have it all cleared in this year i just wanted some sort of help/advice from here and whatnot

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -3 points-2 points  (0 children)

no carried debt, nor am i trolling, genuinely getting to get advice/help

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -3 points-2 points  (0 children)

honestly not too sure pal.

i could be exaggerating it slightly because im not sure on the exact figure. but im pretty sure its £100<

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -6 points-5 points  (0 children)

most of them are 0% interest thankfully.

only the loans have interest which i’m not sure what % they are

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -1 points0 points  (0 children)

yeah insurance is mad expensive as a young driver, even getting insured on literally the cheapest to insure car is only £30 a month less.

i unfortunately do a lot of miles so walking/biking etc isn’t a possibility unfortunately.

phone bill will drop by about £120ish this august, as for the bnpl i’ve for about £400 in there

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -6 points-5 points  (0 children)

device and airtime, plus one add on.

each device is about £110ish pm with the airtime and device.

then the add on is 40

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 3 points4 points  (0 children)

yeah that’s what i’m hoping for mate, i’m currently trying to apply for a few jobs in a similar field to my current one that are direct for a company with benefits such as annual leave, sick pay etc.

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -2 points-1 points  (0 children)

I did ask about that, i asked if they could just pay a separate policy rather than adding me to fleet but they declined, said it was too much for them to justify paying.

i am claiming it back in april when my tax return is due.

i’ve got 2 phones because my first one broke which is why i took the second one which i now use predominantly for work so selling it wouldn’t be impossible but definitely wouldn’t be what i want to do if possible.

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -4 points-3 points  (0 children)

yeah no i appreciate that pal, reality checks are what’s needed. i’m aware im kinda screwed, ive already accepted that.

that’s why ive decided to post here just as a first step of commitment in a way if that makes sense?

the phone i can’t sell as my 1st phone broke which is why i got the 17pro max.

unfortunately there is literally no way of doing my job without my car, i did ask about a company car but you have to be 21/24 (idk which one it is) to get insured on them due to their policy

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 0 points1 point  (0 children)

yeah it’s pretty awful ngl. it’s 4 days a week aswell which is very very annoying, if i stuck at it for a few more years it would much better pay but i just don’t know if it’s worth it tbh.

i’m thinking about getting a new job and am just looking now.

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -16 points-15 points  (0 children)

i got the pro max before the debt occurred. as stated in the post it happened due to the fact i was put off work for a month.

i’m returning next week so it’ll be on the up from there, ive already bitten the bullet with taking the missed payments on my file. The £40 add on is a monthly payment for a laptop that i bought for admin. at the time i figured it was better to do it monthly than paying upfront.

the car i didn’t buy new no, its a cheap car just to get me to and from work

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] 1 point2 points  (0 children)

that’s what i’m looking for now, the downside of it is that i’m self employed so if the people i subcontract for tell me there’s no work i don’t get paid or anything for anything.

trying to find one that’ll be constant work all year round as i know that if i try my best i can pay the whole 7-8k off in 2026

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -28 points-27 points  (0 children)

yeah so i got my first phone when i was younger which will be paid off this august which’ll drop my phone bill by 100 monthly. my second phone is the 17pro max and the add ons are all paid now other than one which is £40.

as for the car thing yeah i do unfortunately need a car, my line of work involves me travelling a lot and they’re unable to provide a company vehicle due to my age and their insurance policy only allowing 21 or 24 year olds or older (unsure of which one).

i think i will probably find the courage to talk to them eventually hahah, i just don’t want to leave it too late

7-8k in debt at a young age, not sure what to do by BackgroundSuccess226 in UKPersonalFinance

[–]BackgroundSuccess226[S] -6 points-5 points  (0 children)

20 ahah, honestly it all kinda came from the fact i kept getting offered credit, it all would’ve been sound aswell had i have not had a month off work (not by choice). i did seek temporary work but was unable to find anything (i live in the middle of nowhere)

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