Make Me Rich 4 - a triple whammy! Blog Discussion

Former_MSE_Andrea

Click reply to discuss Martin's blog here.

Ivenofinmoney

Any idea when this will be shown ?

Whilst I wouldn't want to spoil the show, I'd be very keen to know where you plugged the gap, as it Sounds very similar to us...

we had twins in February (with a 2 year old already in tow) - our 1st was born 3 months prem, so when we discovered we were having twins the docs put my wife on complete bed rest, we had to wind up the business my wife had started 12 months earlier and lost the money we had invested in that.

Whilst my Sallary is comfortable, over the past 12 months we have gone from £5k saved in the bank to owing £3k on Credit Cards (0% at the moment).

This problem only seems to be getting worse at the moment, and the cost of childcare for 3 under 3's just doesn't make it viable for my wife to go back to work !

MSE_Martin

I think the most important thing you need to do is look at your expenditure - at the moment you cannot alter your income. Have you used my budget planner yet?

This alone is a good way to crystalise where the money goes. You're obviously overspending by £8k a year - and that needs to stop. Look at it - then use the articles to get the best deals on everything, after that its time to consider what you can do without

martin

Former_MSE_Andrea

Hi Ivenofinmoney, I've split your budget post off into a new thread so you can get more responses from site users. It's here.