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  • FIRST POST
    • Former MSE Andrea
    • By Former MSE Andrea 1st Sep 05, 5:27 PM
    • 9,418Posts
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    Former MSE Andrea
    Make Me Rich 4 - a triple whammy! Blog Discussion
    • #1
    • 1st Sep 05, 5:27 PM
    Make Me Rich 4 - a triple whammy! Blog Discussion 1st Sep 05 at 5:27 PM
    Click reply to discuss Martin's blog here.
    Last edited by Former MSE Andrea; 06-12-2005 at 4:31 PM.
    Could you do with a Money Makeover?


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Page 1
  • Ivenofinmoney
    • #2
    • 1st Sep 05, 10:21 PM
    • #2
    • 1st Sep 05, 10:21 PM
    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
    • By MSE Martin 1st Sep 05, 11:04 PM
    • 8,115 Posts
    • 42,285 Thanks
    MSE Martin
    • #3
    • 1st Sep 05, 11:04 PM
    • #3
    • 1st Sep 05, 11:04 PM
    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
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
    • Former MSE Andrea
    • By Former MSE Andrea 2nd Sep 05, 1:17 PM
    • 9,418 Posts
    • 22,338 Thanks
    Former MSE Andrea
    • #4
    • 2nd Sep 05, 1:17 PM
    • #4
    • 2nd Sep 05, 1:17 PM
    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.
    Could you do with a Money Makeover?


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