We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Debt V Salary - what's yours?

1567911

Comments

  • Currently 133% but this is our lightbulb moment..............
  • mine at the moment is 109% at the moment but was 133% when i joined. going down slowley but its going down
  • hayley11
    hayley11 Posts: 7,627 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mine is 66% :eek::eek:

    Jointly though it's 38% which looks a little bit better.
    :heart: Think happy & you'll be happy :heart:
    I :heart2: my doggies
  • pandapaws
    pandapaws Posts: 2,119 Forumite
    Great post - very interesting!

    100%, pretty much bang on at the moment (based on joint income and all unsecured debt).

    Including the mortgage...387%!:eek:
  • A shocking 61%.... :o

    Now 57.03% due to new job and one more card paid off...
    Proud to have dealt with with my debts
    Debt free from 18th March 2013, long may it continue!
  • irishpot
    irishpot Posts: 34 Forumite
    In April 07 it WAS 41%

    NOW 19% - thanks too this great website!

    Mortgage Now 376% - will tackle this soon!
  • roxy7699
    roxy7699 Posts: 1,067 Forumite
    Part of the Furniture Combo Breaker
    Mine is 193% before tax and not including the mortgage. Depressing but I like the motivation to get it down - started of at 226% at LBM
  • kathfisch
    kathfisch Posts: 3,042 Forumite
    Not including student loan: 19%
    Including student loan: 102%

    :eek: :eek: :eek:
    Don't stress, relax, let life roll off your backs. Except for death and paying taxes, everything in life is only for now... Avenue Q
    Official DFW Nerd Club - Member no. 003 :DProud to have become debt free... and striving to keep it that way
  • Homework
    Homework Posts: 349 Forumite
    410% at worst, now 140%

    We were on a low income when everything went wrong, income is increasing and we will be clear within 2 years.

    (not including mortgage which is less than 1 year annual salary for us both)
  • aah
    aah Posts: 520 Forumite
    personal debt - 66% of my own salary (gross).

    Joint mortgage debt - 200% (of both - gross - salaries) - for two mortgages.

    I guess that means that my total personal debt is around 270% of salary. (And OH's is 210% of his...)




    (runs away and buries head in the sand.....)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.