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Inspired by others.........
nick.simpson19
Posts: 96 Forumite
I have not ventured into this part of the board before but reading everyone elses storys of there debts it is an inspiration to sort my overdraft out.
I have an overdraft of £800.
But i have a massive amount of outgoings each month but there is a spare £200 quid after we paid for everything including food and petrol for cars etc. That figure is not including overtime.
My outgoings £1890 approx
My income is £2100 not including over time. £32k a year between us. May sound like alot but with a mortgage of £121k and payments of £800 a month its hard going.i
So I am going to transfer money into my ISA of £50 a month until there is enough to clear my overdraft off. We have decided to put our holiday for next year on hold until we clear overdraft as this is how we got into it orignally for extra cash for holiday.
I have an overdraft of £800.
But i have a massive amount of outgoings each month but there is a spare £200 quid after we paid for everything including food and petrol for cars etc. That figure is not including overtime.
My outgoings £1890 approx
My income is £2100 not including over time. £32k a year between us. May sound like alot but with a mortgage of £121k and payments of £800 a month its hard going.i
So I am going to transfer money into my ISA of £50 a month until there is enough to clear my overdraft off. We have decided to put our holiday for next year on hold until we clear overdraft as this is how we got into it orignally for extra cash for holiday.
£10 a day - Sept 08 £245/£300
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Comments
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Good idea Nick-and welcome to DFW!Empty pockets never held anyone back, only empty heads and empty hearts can do that -Peale0
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How about using your £10 a day money as "holiday money" - that way you can still have a holiday without incurring any extra debt!Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)Life begins at the end of your comfort zone (Neale Donald Walsch)0
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Hi Nick, welcome to DFW
How about posting your SOA? Look here https://www.makesenseofcards.com/soacalc.html - there is a button there to configure it to MSE.
If you list everything then we can see where you are overspending and advise accordingly.0
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