How can I help my friend?

Greg89

My friend gets paid £1600 a month:

His rent and council tax are the first things that come out:

Weekly outgoings:

Rent £110 pw

Electricity per week £25 pw

Bus  pass£11 pw 

Takeaway in evening chippy £25 pw

Food shop £15 pw

Council tax £28 pw

£212 pw

£188 left per week 

He often has money run out within 10-7 days almost always of him getting paid.

Even if the rent and council tax are the first payments to come out 

He still has £180 a week left after expenses.

He does go the pub every Friday and Saturday night and he drinks a lot of pints.

He still should have £120 a left each week even after drinking out 

Unless he has many many pints, shots.

He's 34 and been working full time since 17 and no savings 

I told him to start a savings account 

What can I do for him? For years all the time he asks me within a week of getting paid to borrow him money and he goes to his family member to borrow an extra £50 a week always 

MorningcoffeeIV

You can't do anything for him.

If he won't stop overspending, that's on him.

Just don't lend him money.

Sea_Shell

Has he actually asked you for help with sorting his finances?   Other than asking to borrow money?

Have you regularly agreed to lend him money?

If so, has he always paid you back?

Greg89

He has paid me back.

He doesn't have no savings and his money runs out within a week to go for him getting his pay.

He didn't really respond.

However he isn't going to stop overspending and isn't going to limit his pub spends.

However it's up to him

Sea_Shell

Yes, it's up to him...but, 

Equally, it's up to you how you respond to him next time he wants to borrow from you.   

One day, he probably won't pay you back.

grumbler

Greg89 said:

My friend gets paid £1600 a month:

His rent and council tax are the first things that come out:

Weekly outgoings:

Rent £110 pw

Electricity per week £25 pw

Bus  pass£11 pw 

Takeaway in evening chippy £25 pw

Food shop £15 pw

Council tax £28 pw

£212 pw

£188 left per week

If he's paid monthly, then it's £369 p.w. not £400.

And £157 left, not £188.

Greg89

grumbler said:

Greg89 said:

My friend gets paid £1600 a month:

His rent and council tax are the first things that come out:

Weekly outgoings:

Rent £110 pw

Electricity per week £25 pw

Bus  pass£11 pw 

Takeaway in evening chippy £25 pw

Food shop £15 pw

Council tax £28 pw

£212 pw

£188 left per week

If he's paid monthly, then it's £369 p.w. not £400.

And £157 left, not £188.

It is after tax his pay

Greg89

It's his responsibility and his choice 

grumbler

Greg89 said:

grumbler said:

Greg89 said:

My friend gets paid £1600 a month:

His rent and council tax are the first things that come out:

Weekly outgoings:

Rent £110 pw

Electricity per week £25 pw

Bus  pass£11 pw 

Takeaway in evening chippy £25 pw

Food shop £15 pw

Council tax £28 pw

£212 pw

£188 left per week

If he's paid monthly, then it's £369 p.w. not £400.

And £157 left, not £188.

It is after tax his pay

This has nothing to do with the tax.

There are 4.333 weeks in a month, not 4.

And if he pays back everything he borrows, then 1-2 weeks without pub will solve the problem - until he overspends again.

MikeJXE

You can't help someone who can't be or doesn't want to be helped, 

MikeJXE

diystarter7 said:

MikeJXE said:

You an't help someone who can't be or doesn't want to be helped, 

Heyy

We dont know that. But what I know by the OP's post is that there are people there to help him out and therefore
mess things up further, ie living hand to mouth becomes a lifestyle in this case.

Thanks

According to the OP who said

"However he isn't going to stop overspending and isn't going to limit his pub spends" 

Not a lot came be done with that attitude