credit cards

Idiophreak

whiteone wrote: »

i have £89 family credit and £30 family allowence a week my partners income is £200 a week and £46 working tax credit a week our out goings are
£67.25 rent
£25 coucil tax
£127 loan a year left to pay
£57 loan
£33 water rate
£120 gas and electric
£40 phone braordband and tv (3 4 30 )+phone calls
£45 sky
£10 tv licence
£17 car insurence
£110 credit card made min payment
£143 credit card not payed yet
£25 petrol a week
£22 catalogue
i think this is everything a part from food and day to day living hope you can try and help the credit cards are more of a problem than anything else

Hi, It's not entirely clear if all of these figures are monthly or weekly...I've guessed a bit:

Total income = 89+30+200+46 = 365/week or £1460/month

outgoings (weekly) are:
67.25 (rent)
25 (council tax)
25 (petrol) = 11725/week (£469/month)


outgoings (monthly) are:
127 Loan1
57 Loan2
33 Water
120 Gas/Elec
40 Phone
45 Sky
10 TV
17 Car Ins
22 Catalog

127 + 57 + 33 + 120 + 40 + 45 + 10 + 17 + 22 = 471
471 + 469 = £940/month out

So far you should be left with 520 per month to pay towards the CCs...

Clearly there's a lot of stuff you haven't included you're paying for if you're struggling...think about food, clothes, entertainment, car tax, servicing, MOT, parts, mobile phones, kids tots etc etc - if you look in the SOA sticky there's a list of popular outgoings...

Try and have a scan over that, then ammend accordingly - will help us to help you...

It's worthy of note though, a lot of the advice we'll give (such as cutting out the sky etc) will mean changing things at home...which means telling your OH really would make your life easier...

ETA: I think this was where I was thinking of: http://www.makesenseofcards.com/soacalc.html