Not sure how I'm going to get through this!
103 replies 21.5K views
Ok, it's taken a lot to post here, but I am very worried about the future financially.
I have been made redundant due to Covid-19, my husband is still working thankfully and has been all the way through this (he works for an environmental company and is classed as a key worker). His company is very good and I know they don't want to lose him.
I have applied for UC, but not entitled to anything yet as I got a months paid notice from my employer, which was at the end of May. Won't find out how much I'll get (if anything) until the 15th July.
We have a mortgage payment holiday and the next payment will be due on 28th July, when this comes to an end. If I don't find a job soon, I do fear that we won't have anything to live on and won't be able to pay the mortgage. I know this will go up at the end of the payment holiday due to the interest. We have 2 credit cards totalling about £12,000, I am only paying the minimum payments at the moment, as that's all I can afford. I try not to use the credit cards if I can help it, but there's occasions where I need shopping and it's the only place where there's enough available funds.
Hubby is aware, so I'm not hiding anything from him, but he does get more panicky than me. We have lots of others bills and the total way outweigh what hubby earns a month.
Any help would be appreciated.
Thanks in advance.
Winging it since 1972