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Advice for Budgeting - self employed!
CJ2512
Posts: 17 Forumite
Hello
Myself and my fiance have just bought our first home and we have saved money etc to prepare us for bills etc but i am just wondering the best way to budget for when he is off - he is self employed and so when he is off on holiday etc he does not get paid - does anyone have any ideas what to put aside per month etc and if there is anything else we can do? Also, he does not yet have a pnsion set up - what would people recommend?
Thank you
Myself and my fiance have just bought our first home and we have saved money etc to prepare us for bills etc but i am just wondering the best way to budget for when he is off - he is self employed and so when he is off on holiday etc he does not get paid - does anyone have any ideas what to put aside per month etc and if there is anything else we can do? Also, he does not yet have a pnsion set up - what would people recommend?
Thank you
Light Bulb Moment - Jan '06
Debt Status as of Nov '06 in order of priority : -
Lloyds CC - £1534.56 @ 15.9% APR - to be paid by 15/12/06
HSBC Over Draft - £449.70 @ 15.9% EAR - to be paid by 12/01/07
HSBC Loan @ 12.9% APR - £10, 720.50
[STRIKE]Car Loan (Mum & Dad) - £580.00[/STRIKE]
[STRIKE]Car Finance - £3055.10[/STRIKE]
Medical Bill - £2437.50 - to be paid by 01/12/07 - interest free
TOTAL DEBT = £15,142.26
Debt Status as of Nov '06 in order of priority : -
Lloyds CC - £1534.56 @ 15.9% APR - to be paid by 15/12/06
HSBC Over Draft - £449.70 @ 15.9% EAR - to be paid by 12/01/07
HSBC Loan @ 12.9% APR - £10, 720.50
[STRIKE]Car Loan (Mum & Dad) - £580.00[/STRIKE]
[STRIKE]Car Finance - £3055.10[/STRIKE]
Medical Bill - £2437.50 - to be paid by 01/12/07 - interest free
TOTAL DEBT = £15,142.26
:rotfl:
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