Desparetly depressed in dept!!!!!!!!!!!

Peter-Pan_5

Eli all I can do is offer support,you will get lots of advice in here and help,try and be positive,maybe speak to the Doc. if feeling depressed,you will get out of this.

teedee

Eli_2-2

I take home £150 a week, he takes home £180-200.
I was on £250 take home, he was on £570 take home week.
We are both late 30s.
States in contract no HB.
We live just outside Bath, in 3 bed house, well 2 beds and a box room!
Thanks for helping guys and gals.

juliag

eli i live just outside bath too, with 6 kids in a 3 bed house with about 40000 debts but we are having a party tomorrow night and you guys are invited, kids party, sometimes life has to be good, party in village hall with disco if interested

Biffa

You can claim HB and elect to have it paid into your own bank account and not direct to your landlord. Do you have to pay for any childcare? If so, it's taken into account when they work out your HB entitlement. You may also get help with your Council Tax.

tomstickland

Ok, computer crashed, but I've redone the sums.

rent 625
tax 144
elec 50
gas 20
sew 44
car 176
tv 10
tel 10
net 20
mob 65
food 200
car ins 120
petro 100
tax 15

1599

Bottom line is that you take home £960 per month and outgoings are £1600.

£411 of the outgoings are car related.

In terms of action:
-do away with the mobile phones
-you pay £1440 per year on insurace. How much of that is the insurance and how much is interest on payments?
-if you could do away with the car, do away with mobiles, reduce food costs and maybe also rent a cheaper place then I think you could make the numbers balance up.
Drastic action, I agree.

juliag

i would like to know how anyone could suggest a family could live on less than £50 a week for food, beans on toast for every meal would not do anyone any good

tomstickland

£50 per wekk, yes not much at all, I wasn't paying attention properly.
I don't see how else to cut back, someone else with better utility prices might be able to comment.
Cheaper rental property would be the next thing to consider.

System

Pop across to the Old Style board. They will help you lower your food bills. They are brilliant at spinning straw into gold. Its not just a matter of beans on toast for every meal.

frosty

juliag wrote:

i would like to know how anyone could suggest a family could live on less than £50 a week for food, beans on toast for every meal would not do anyone any good

We are doing the grocery challenge on the money saving old style thread,my budget is £50.00 for 5 adults and 3 dogs and the cat,we eat very healthy meals every day,lots of veg,and we only have baked beans once aweek.
With a bit of planning it is possible to cut right back on food.

System

frosty wrote:

We are doing the grocery challenge on the money saving old style thread,my budget is £50.00 for 5 adults and 3 dogs and the cat,we eat very healthy meals every day,lots of veg,and we only have baked beans once aweek.
With a bit of planning it is possible to cut right back on food.

SNAP!!!! :snow_laug We must have cross posted!