How much do you spend on debt payments each month

Molanole

Currently trying to pay £1,125 per month but sometimes only manage minimums of £784 It's good seeing even the minimum payment amount coming down though, when I started it was £850!

ms_london

Molanole wrote: »

Currently trying to pay £1,125 per month but sometimes only manage minimums of £784 It's good seeing even the minimum payment amount coming down though, when I started it was £850!

Hello!! That is a staggering amount hun!! How have you been? Feeling better? xx

chocaholic110

We are currently paying around £1500 a month which is half of our monthly wages. Plus anything that comes from Quidco, Ebay etc. It means money is tight but it has brought our debt free date much closer - it would have taken many years paying minimum payments.

hypno06

We pay £1350 minimum payments each month which is every penny that I earn plus the money from renting out our spare room.

OH earns a similar amount which has to pay the mortgage and bills etc.

We eat fresh air, own brand of course, it's cheapest!!

dlb

£387 per month is what we pay.Debt free here i come!!

ms_london

hypno06 wrote: »

We eat fresh air, own brand of course, it's cheapest!!

I've heard that's good. Alternatively you could eat dust? Always worth a try. May have some for dinner tonight..... :rotfl:

hypno06

I save the dust for when we have guests.

immoral_angeluk

We used to pay over £370 before our lightbulb moment. As it stands we're paying £241.72 which includes our car loan. All our spare cash goes on debts as well.

deb_buffy

We currently spend £150 a month but after we move house we are looking at paying back around £550 a month which hopefully should get us debt free for christmas 2007 which fingers crossed will happen.

Seaxwyn

We pay about 670 a month - that's two loan payments and the min payments on three credit cards.

I hardly ever manage more than a few pounds extra as our income fluctuates and only just covers our outgoings. I haven't dared commit myself to a debt-free date for this reason.