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Am just curious.....Whats your income and age and whats ur debt?

11617182022

Comments

  • sdt1986 wrote: »
    It doesn't half get on my tits seeing people earning a fortune and yet struggling with money, with some of the wages you are on I'd be debt free and actually have savings for the first time in my life :( However having said that I also know what it's like when I get pay increases it never seems to make a difference, I suppose you spend what you have. (I'm just venting :D)

    Anyway's

    I'm currently on £14k - £16,400 with the regular bonus I recieve, Age: 23 and I'm in roughly £17,500 debt.

    Depressing eh?

    Why? Everything is relative... I earn more than I have ever done but with that my lifestyle changes, my spending increases, and my debt doesn't get much smaller.

    When you earn a decent amount, you find yourself becoming less frugal because you don' have to be, and therefore spending £5k or whatever on a credit card doesn't even regiser as being daft etc.
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    23, with £0 income (unless you count benefits) and £2500 worth of debts (plus student loans)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • I'm 22, earn 17.5k, and have £1,500 on my credit card which I'm trying to clear before the 0% period ends. I also have a 10k student loan.

    Funny thing is 2 yrs ago I was a student and was never overdrawn or had a CC!
  • 25, 20k debt inc student loan, 27k income.
  • rictus123
    rictus123 Posts: 2,560 Forumite
    1,000 Posts Combo Breaker Name Dropper
    Looking on here, i really am very lucky to have realised quick no debt is good debt! Unless its a 0% loan or card earning 4% intrest in a savings account :D
    Work in progress...Update coming July 2012.
  • Malky
    Malky Posts: 694 Forumite
    Age 38
    Income £23K
    Debt £41 (last minute pressie for Chrimbo and had to put on CC)
  • ferox666 wrote: »
    Wow, great income for that age! What do you work as if you don't mind sharing?

    Work in the oil industry for major chemical company as a control room technician. ;)
    Total Debts @ Dec 2009 £16,285
  • 37,recieve benefit,debt in the region of £13,000
  • andys15
    andys15 Posts: 1,102 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    age 33
    debt 28k
    salary 65k

    All the debt was due to training for this job for over 3 years on a lower income than my previous job.


    ps it was over 50k before i found this site(included borrowing money for deposit for a house in jun 08)
    Debt free. March 2020
    Mortgage free-August 2021
    Planned retirement date- 19/5/2026
    £29500 saved. Target £420000(19/05/2026)
  • Age - 43
    salary £49,000K
    debt - seee signature :cry:
    Well Behaved women seldom make history

    Early retirement goal... 2026

    Reduce, reuse, recycle .
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