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Smack in the face

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Comments

  • andyfromotley
    andyfromotley Posts: 2,038 Forumite
    1. Do you get £1400 paid into your bank account each month?

    2. Do you then pay £441 back to your work out of this£1400?

    If the answer to Q2 is no (because it is taken from your pay at source like income tax) then it needs to come off your SOA.
    £1000 Emergency fund No90 £1000/1000
    LBM 28/1/15 total debt - [STRIKE]£23,410[/STRIKE] 24/3/16 total debt - £7,298
    !
  • pennystretcher
    pennystretcher Posts: 458 Forumite
    Part of the Furniture 100 Posts Combo Breaker Mortgage-free Glee!
    :) Remember to close the Next account after paying it off... ;)
  • pennystretcher
    pennystretcher Posts: 458 Forumite
    Part of the Furniture 100 Posts Combo Breaker Mortgage-free Glee!
    edited 12 November 2015 at 9:06AM
    FireWyrm wrote: »
    ...You SOA says you have £200 a month spare. This is a lie and the first one you need to deal with.

    ..unless this extra is going towards the debt repayments? (There wasn't anything against two of the entries in the monthly column)
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