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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To do a no spend November?

4 replies

Mooey89 · 14/10/2020 16:11

Long story short, I’m skint. Add to that, we have so much STUFF.
I spend so much money on coffee/drive thru/tat from b&M etc etc. I’m in so much debt. About £14k. I need to sort it out! I’m thinking of doing a no spend November and trying to have a clear out, sell my old handbags etc. Is it crazy so close to Christmas though?? Any other tips?

OP posts:
emmathedilemma · 14/10/2020 16:24

I don't think that's unreasonable, given the current Covid restrictions I'd fine it pretty easy not to spend anything other than monthly household bills and supermarket food shopping!
If I had £14k of debt I definitely wouldn't be buying coffee and drive-thrus on impulse.

Thatwentbadly · 14/10/2020 16:37

Ring a debt charity for advice and look on money saving expert.

Mindymomo · 14/10/2020 16:47

You should definitely consider cutting up your credit cards, no spending other than essentials/mortgage/rent and try and get that debt down. Maybe even ringing debt companies to try and work out a payment plan, so you don’t keep adding more interest each month.

RichPetunia · 14/10/2020 21:18

Check out Dave Ramsey on YouTube.

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