D
deezer
Guest
Hi
I currently have an overdraft of 3.5K. Every month my salary clears it but with outgoings and savings I end up going up to my overdraft limit. I have 4K in savings. I'm clearly living beyond my means and I want to change that but should I just use all my savings to clear the overdraft and cancel it, but have nothing in savings or should I reduce my outgoings and gradully clear the overdraft, but keep my savings up.
Really don't know the best option. Would be appreciate any advise.
Thanks
I currently have an overdraft of 3.5K. Every month my salary clears it but with outgoings and savings I end up going up to my overdraft limit. I have 4K in savings. I'm clearly living beyond my means and I want to change that but should I just use all my savings to clear the overdraft and cancel it, but have nothing in savings or should I reduce my outgoings and gradully clear the overdraft, but keep my savings up.
Really don't know the best option. Would be appreciate any advise.
Thanks