income vs debt

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the_boy_with_no_name
the_boy_with_no_name Posts: 106 Forumite
in Debt-free wannabe
just had a thought, whats the ratio of your income vs your debt. i think mine is average to high.

total income before tax: 37000

debt (excluding morg): 26725

whats yours guys
happy to be debt free (apart from mortgage: £111,000 @ sept 15)

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  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    Combo Breaker First Post
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    Income before tax credits etc 14500ish

    current debt £6340.57
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • always_amazed
    always_amazed Posts: 704 Forumite
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    Mine is (gets calculator out...!)

    Income £6848 per anum (that's assuming 3 months SSP which I forsee this year, I work PT other times, not got the energy for much else :( )

    Debt £2600

    So.... 38% of my salary is debt

    xxx
    LBM : August 2007
    my debts: less than this time last year....!
    DFW Nerd Club #706I'm Proud To Be Dealing With My Debts :D
  • debrag
    debrag Posts: 3,426 Forumite
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    Income = £19800
    Debt = £16000

    80%
  • wilkster5
    wilkster5 Posts: 150 Forumite
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    Income £45000 before tax
    Debt now £12390
    so 28%

    was at highest nearly £30000 but i've been workin hard to clear it!!!:beer:
    Debt @ LBM April 2005 £27500
    After working every hour god sends...debt free!!!!:beer:
  • skylight
    skylight Posts: 10,716 Forumite
    First Post First Anniversary Combo Breaker Home Insurance Hacker!
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    Income £24690
    Debt - £43000

    (No, I haven't transposed those!)
  • 98jdougl
    98jdougl Posts: 1,154 Forumite
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    Income: 20970
    Debt: 1800 overdraft
    26 between three catalogues

    think that's it- paid off the rest of the catalogue bills already this month and my overdraft is closing- will be shut within 3 weeks but even with that 8.7% of salary is debt- not too bad really!

    Shame nobody wants to give me credit when I have that much salary left! hehe
  • MERFE
    MERFE Posts: 2,133 Forumite
    First Post First Anniversary
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    income 23750

    debts 10845
  • misspixierocktastic
    misspixierocktastic Posts: 1,007 Forumite
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    Income 14k
    debts 17 k

    Meh :-(
  • Wildchild_2
    Wildchild_2 Posts: 147 Forumite
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    Income after tax: £16,320
    Debt: £5342.72

    Yuk :mad:
    [STRIKE]CC 1: £102[/STRIKE] / C[STRIKE]C 2: £349[/STRIKE] / [STRIKE]CC 3: £1000[/STRIKE]
    CC 4: £1000 / CC 5: [STRIKE]£150 [/STRIKE] / CC 6: [STRIKE]£500[/STRIKE]
    CC 7: [STRIKE]£500 [/STRIKE]/ [STRIKE]CC 8: £1183[/STRIKE]/ [STRIKE]CC 9: £1639[/STRIKE]

    Total debt: [STRIKE]£6,423[/STRIKE] :mad: £[STRIKE]6,128[/STRIKE] [STRIKE]£5,978 [/STRIKE][STRIKE]£4,099[/STRIKE][STRIKE]£3,639[/STRIKE]
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