What do you earn, how much do you owe and how much are you paying off?

K9cuddles

39% min on a 17k Salary

Willsnarf1983

enough, to much, a certain amount

BargainHunterCat

Well at the moment I'm lucky if I take home £800 a month.

See below for debts...

I can just about afford to live but my debtors are getting token payments of £1 at the moment because that's all I can afford without ending up homeless, barefoot & ragged with a scrap-metal-worthy car outside the house!

Just lost my job, I've been crucifying myself & going without everything including clothes, shoes, days out, car repairs, petrol etc trying to pay off my minimum repayments of £256 a month but I can't afford them anymore.

It's not a nice situation to be in...trust me!

Not that my ex-hubby cares...

(bitter? who me?!)

postingalwaysposting

earn - approx £800 per month
owe - nothing
pay off - nothing
save - £500

anniestar

1) Not enough
2)Far too much
3) As much as we can afford

Smashing

SkintMonkey wrote:

Hi all, thanks for posting - sorry if you think I've been far too cheeky and nosey!!

I shouldn't worry - those who feel comfortable can share, those who don't can feel free not to. Simple! :beer:

Luckystepho

Wages; approx £1,300 per month plus travel allowance.
Debts; Natwest Loan, £16,500, Credit Cards approx £4,000, Adsa card £230.
Pay minimum amounts as cards are at 0% at mo, trying to put money into savings account to pay off lump sum but something unexpected always seems to happen each month!
Interesting thread!

Rgc_3

SkintMonkey wrote:

Like a lot of visitors to this site, I've taken a lot of positive inspiration from this site and hope that my question isn't too nosey!

I would quite like to know how much you earn, what your debt is and how much you manage to pay off a month.

I'm trying to work out my game plan to clear my debt and I've been wondering about these three things in relations in to each other.

Once I know what I'm going to be doing I promise to post my answer to my question!

Hi
i suppose on the surface it does seem a bit nosey;) ....but i think i see why your asking the question...its all pro rata aint it(500.00 is a mountain f debt to some but to others it be a wish come true if it was the whole debt )which explains the different options people take to tackle their own finances.

Im not so mch having a lghtbulb moment just now i think it be more accurate to call it a fluorescent moment with a diodgy starter:rotfl: but in terms of percentages my loans against salary is around 60% going to loans with total outstanding debt being around 144% of yearly salary(like i say i still need to get accurate figures together(Put a new starter in:o )

Sooo i guess the debt in terms of a percentage is more useful to you to help you work out your own plan of action.

Overall monthly outgoings take 100% of salary (without housekeeping etc as my wifes salary accounts for that)

just rough figures and im going through them all next week when im home(work away from home)

good luck:beer:

dinkylou

I pay about 15% of my salary, but then I live alone so all bills/mortgage/living expenses come out of that salary too.

Iwantahouse_2

Flat rate is £23000 pa ( I think) but i also do quite a bit of over time
I owe £6600 to my parents which I am saving up to pay off.
I also have a mortgage which I pay off at £580 per month.
don't know about bills yet as only just moved and haven't had them all yet.