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

TheRock

i'm 27, earn about 30k (increase this year to 35k - w'hoo) and my debt is £8k and falling by £460 a month.....

LilacPixie

i'll do ours joint

ages 26 & 28
Income around 48000
Debt 72k including mortgage 21k excluding it and it doesn't seem to be going down much:(

emmiloam

I'll do ours (34 & 32) jointly as I don't have any income as I stay at home and look after 2 young children

Income £80K
Unsecured Debt (DMP) £32K
Mortgage £240K

vickiv55

Income: £18,000
debt: £1250
Age: 31
I'm getting there.

Odette

24
21K
0 debt (just now...moving into a flat after living with my parents this month :eek:)

savingmummy

28 - no income (just child benefit) and £140 - will be debt free feb 2010.

33 - 20k - approx 10k loan debt

Cooky667

Age - 29
Income 26K...ish
See below for debt......eek!

katenut

Age: 29
Income: 22k (before tax etc)
Debt: 15k (some shared with OH)

Makes me sad - worked my way up in my job from lowest of the low on 8k, to being in charge of my department. Always thought I'd be minted if I earnt over 20k a year, but have spent thousands on credit cards with nothing to show for it. Wish I'd known then what I know now - roll on 2012!!

henrik1971

Age 39
Income £37k
Unsecured debt £8250

A friend of mine always said you should try and 'earn your age'. I've never been able to do that having been lowly paid until I was in my early 30's, I'm nearly there now, but with no pay rises on the horizon, the target might just slip away from me.....

BTW, an earlier poster said when he was earning peanuts, he thought once he got over £20k, he'd be minted. I think we can all agree (including the OP) that it just doesn't work like that. One of my close friends said to me, one he got over £20k he was going to put his feet up. Three years later he's earning 45k and eager for the next payrise.
There's an old adage which says that work expands to fill the time available. The same is true about earnings and expenditure. However much you earnings increase, your lifestyle expands almost unnoticeably and absorbs any gain you thought you might have made.

rictus123

I disagree Henrik, after my payrise this summer il be on at least £350 a month more. Then next summer it will increase by an even bigger margin than than. With overtime i could really increase my earning. As my earnings go up, my savings and debt repayments will increase accordingly, not my lifestyle. I dont think il have to fancy a lifestyle for another 2 and a half years(after being time served for a year) after my times out if im on an hourly rate and not price work im just going to do the same as last year, 70 hour weeks + and reap the rewards on payday.