£10 k debt

copperclock

If you're £800 in credit then you should be able to drop your DD quite considerably.

You don't need to put a title for the replies you make to the thread.

martigem

i would say after the next gas and electric bill we will have around £400 ish credit

copperclock

Are you getting all the benefits that you are entitled to?

DCFC79

Mobile phone is high at £65, can this be reduced ?
What does it cover ?

martigem

we are getting child benefit and tax credit, we are waiting to here back about maternity allowance for my wife.

fatrab

martigem wrote: »

she earns around £800 to £1000 per month so yes the 10% would help and it is a great idea to get her to save 10% as well

Lack of financial education got a lot of us into the situations we're in today, would be good to teach her not to make the same mistakes

martigem

the mobile phone bill is for 4 phones free calls and text, so we don't need to use a landline, we are tied to the contracts until november.

System

Gas and Electric are high - should be a half-third of that really. Considering you have £400 credit and we're half way through winter I'd say that you are paying way too much. Your credit should be getting towards zero in the next few months, ready to be built up over the summer.

martigem

they need to teach this in schools

dobs

Are you entitled to working tax credits? Just the benefits liked a bit low to me for the low wage and number of children?