Salary Vs Debt

automum · 26 June 2006 at 5:38PM

Just came across this great thread.

Income 29,000

Debt 36,585

Mortgage 79,000

Warriorsith · 26 June 2006 at 5:47PM

Salary: £16000

Debt: £4000

OH Salary: £12000

OH Debt: £10000

Warriorsith · 26 June 2006 at 5:50PM

automum wrote:

Debt 36,585

See you just recently had your LIGHTBULB Momment, Well done!!, am sure with your hardwork and our support. You'll get rid of it in time, welcome to the site!! :T

bonnie_2 · 26 June 2006 at 6:48PM

Hubby debt left from about £30,000ish
7,482ish
income 16,083
sorry pound sign not working.
my debt all paid up.

brranger · 26 June 2006 at 6:59PM

Income £13K

Debt £21

Darn will need to work on those figures a little.

Good luck to all on the site.

Anastacia · 26 June 2006 at 7:10PM

Income £40k pre tax (mine only - OH is self employed & very variable)
Debt £15k
Mortage £85k

Just realised that means i owe £100k - Think I see a light a shining.

On the bright side house is worth about £180k & savings £4100

I think I need to look on the bright side a bit more - am feeling a bit ratty about this.

summerday · 26 June 2006 at 7:15PM

Here's me:
Income: 22k
Debts: £12.5k

Income will decrease to £6k in september when I go back to study, eek! But my debts are all student loans at about 3.2% interest and my strategy is to save up money in savings to make a teeny bit of interest on the difference. I do have the equivalent to the debts in a savings account now, but I feel I need to build up my savings more so that I could spend some if I needed to rather than have my equivalent debt balance creep up.

Sarah