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Surviving the next 5 years

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Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    1500 a month is a lot of expenditure for a single person who is mortgage free.

    Do an SOA on here and we can help you go forward cutting down or out
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I agree you need better paid work. I agree that you should consider a lodger. These are the only 2 options open to you really. have you checked re your low income if you can have any benefits payable to you?

    I think getting a new small mtg could be good idea- if you can get one with such little income coming in.

    I also agree your outgoings are high.
  • Bravepants
    Bravepants Posts: 1,651 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    jamesd wrote: »
    This is about a money purchase pension. There is no commutation rate.

    Of course! Sorry I must have misread.
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
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