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Debt V Salary - what's yours?
Comments
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110% ouch with mortgage 290% so if we live on fresh air for three years we can pay it all off.Barclaycard 3800
Nothing to do but hibernate till spring
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147% oh dear thats so depressing:heartpuls
:heartpuls
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Ours is about 15% of our joint income.
Just thought I would quickly add as well - I work as an underwriter, and in general my employers would class 50-60% of your annual salary as a 'reasonable/affordable level of borrowing' (obviously a large number of other factors are taken into account too). Not saying I agree or disagree with this, but just thought it might be of interest .
Interesting :think:
mcardinalblue wrote: »with the mortgage :eek: I wish I hadn't worked it out 621%
Sorry if I ruined your day :rotfl:Love MSE, Las Vegas and chocolate!0 -
92%!!!!!!!!!!!! But 18 months ago it was 150% so I guess that is quite good progress really! (I haven't included my mortgage by the way, I wouldn't want to depress myself now would I?)Finally Debt Free After 34 Years, But Still Need to Live Frugally
Debt in July 2017 = £58,766 😱 DEBT FREE 31 OCTOBER 2017 :T 🎉
EMERGENCY FUND 1 = £50/£5,000. EMERGENCY FUND 2 = £10/£5,000.
CHRISTMAS SAVINGS = £0/£500. SEF = £1,400/£12,000 PREMIUM BONDS ME = £350. PREMIUM BONDS DH = £300.
HOLIDAY MONEY = £0 TIME LEFT TO PAY OFF MORTGAGE = 5 YEARS 1 MONTHS0 -
Really like this idea. Have worked it out against my proper salary and have now added it to my sig as it helps me see the amount decrease (hopefully :rotfl: )
ym0 -
NO idea on mine really as I'm SE so it's hard to work out...I've always managed to pay every payment and to make overpayments most months so don't know how to work it out but since being on here and doing everything the MSE way...I should have a comfortable standard of living once debt free.0
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174% joint including mortgage
0% my debt vs salary excluding mortgage
40% his devt vs his salary
Cat.xDFW Nerd Club #545 Dealing With Our Debt
never attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
the thing about unwritten laws is that everyone has to agree to them before they can work - *louise*
March GC £113.53 / £3250 -
At my lbm it would have been 45% of my income, I don't include OH's income, cuz he's not interested in paying debts like I am...
Now its 13% of my income..... that doesn't feel too bad...
Sarah x'We are all in the gutter, but some of us are looking at the stars' - Oscar Wilde0 -
mookybargirl wrote: »Interesting :think:
Sorry if I ruined your day :rotfl:
Whats yours then hmmmmm?
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Ooh - wish I hadn't done this now!
A scary 36% - am determined it will be well under 25% in 6 months time!!
Coolmum. xDebt at 2nd LBM (!) Jun 08 £8,435 - hm, let's not go there!!
DFW Nerd - 721 / DFW Long Hauler 4 / DFD - ASAP!!
Sealed pot challenge - member 336 - £200 target
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