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

SAP_Saver

I take home £1400 a week after tax and owe nothing... but that is now

When I was at my lowest I was taking home approx £1300 a month after tax
I owed £13,500 and was living on my overdraft the day after payday each month for a long while...! I was spending about £800 a month on debt and £300 on rent leaving me not a lot...

poppy52

When I started my dmp a year ago, I owed twice my annual salary - I pay 45% of my take-home pay towards my debts.

clarkylou

I average about £1000 a month earnings (self employed so can vary)
My debt total is around the £14000 mark (see signature)
I pay around £600 a month towards the debt, more if I can afford it.

susie76

I earn 16000 (1016 pm after tax etc), owe 21000 (yikes), pay 353 on a DMP with CCCS, expect to be debt free in 5 years.

Storm

I take home about £1300 a month, plus overtime some months
Debts - see sig!
I'm planning on paying off £450 a month (about 1/3) plus and O/T each month, but I'm going to be moving soon and I think that might mess me up a bit...

Zulu_Dawn

poppy52 wrote:

When I started my dmp a year ago, I owed twice my annual salary - I pay 45% of my take-home pay towards my debts.

Hi Poppy. I'm about the same as you. My debt is currently around twice my gross annual salary.

However, I am only paying around 28% of my net salary towards debts, I am paying a further 30% towards my mortgage and having a wild old time with the remaining 42%!!

Do you include your mortgage as a debt or a cost?


ZD