Salary Vs Debt

tru

When the debt was at it's highest -

Income - £18000 (ish)
Debt - £25000 (ish)

Now -

Income - £31500 (ish)
Debt - £13098.67 (exactly)

lidlest

Income - £47,000 Joint
Debt - £3000 Joint
Student Loan - £20,000 (mine)
Savings - £7500 Joint

tigtig

My Income £43,458
Wifes income £0.00 !!!!

Debt about £5000 now.

Callisto

Income (as of next week when I start my new job) - £14600

Debt - £2750 ish on one credit card. I can't wait until I can transfer to a 0% card and start attacking the balance!

lady_fuschia

Income £14,000
Debt £4500

could be worse, but Jesus it doesn't feel like it!

ms_london

comicmankev wrote:

Reading through Moozies inspirational post (as well as previous ones including the famous Ms_London) got me wondering?

Oooh, am I famous? No wonder SS wants a piece of me :rotfl:

Salary: £25,000 (although was £20,000 aside from the last 3 months of being in debt)

Debt: £19,000

Monthly Repayments: £900

lazy&indebt

Wow you are all high earners! Maybe it's the part of the UK you come from though?

I earn: £17,000
I owe: £14,100(approx)

I don't think that people should be allowed to borrow more than they earn in a year, unless it's a mortgage of course!

Mirtos

Salary circa 20k
Debt £21,217.84 :eek:
Not counting Student Loan!

pink_jen

Newbie post!!!! Aaaahhhhhh!! :j :j

Salary: 29k + bonus
Debt: 10,300 + 12k loan (£400/mth) + student loan + mortgage :mad: :eek:

Been 'cruising' the boards for a while now. Had lightbulb moment a while ago, but let the light dim, by allowing other things to block it out. No SOA - I know what I've done wrong, and what I need to do, just have to stop procrastinating :rolleyes: , and actually stick to a budget. In that vein, I am going to 'fess up to one of my best friends. Hopefully having someone who knows what a mess I am in will help (getting quite teary about it).

Ali-OK

lazy&indebt wrote:

Wow you are all high earners! Maybe it's the part of the UK you come from though?

I think the quote "the more you earn, the more you spend, the more you borrow" may have some truth in it.