Age:
23
Annual gross income from employment or profession:
€25000
Type of employment:
Full-time admin
Expenditure pattern:
Not bad...try not to go near shops too much as i'm awful at compulsive buying! If I want something, I find it impossible to wait.
Rough estimate of value of home
Renting
Mortgage on home
€550 a month, rent.
Other borrowings – car loans/personal loans etc
Personal loan of €1800 with €1290 left to pay - I pay €90 per month Direct Debit.
Credit card with €500 on - I pay 30% a month but usually end up spending it again.
Credit card with €700 on - I pay minimum payment each month.
UK overdraft of £1200 (left over from Uni in UK) - I transfer over €50 a month. This account it a graduate account with 2 years left at 0% interest.
[EDIT: I have applied for a new 0% intrest credit card and plan to transfer the balances of both cards across to this - making it easier to pay off]
Do you pay off your full credit card balance each month?
No - pay off 30% of balance each month
Savings and investments:
None
Do you have a pension scheme?
No
Do you own any investment or other property?
No
Ages of children:
None
Life insurance:
No
What specific question do you have or what issues are of concern to you?
I really would like to get my debts all cleared off this year. I constantly have problems with money running out at the end of the month and I usually spend the last week or so with pittance to live off. I know it's bad budgetting but I just want to get my finances in order so I can afford to pay more for rent so I can afford a 1 bed place of my own to rent, rather than living in a house share.
Monthly spending is usually something similar to this:
Income: 1800
Rent: 550
UK bank account: 50
Loan: 90
Credit Card 1: 80
Credit Card 2: 100
ESB: 110
Bord Gais: 60
Mobile Phone Credit: 20
Eircom: 30
NTL: 10
Bin Charges: 10
Gym: 75
Dart Pass: 80
Bus: 20
The rest usually goes on food, 3-4 nights out a month (includes cinema/pubs etc), clothes (i'm currently trying to lose weight and keep having to buy new clothes every month as my size decreases. I try to stick to basic, cheap penneys/dunnes clothes as pointless spending money on anything good if it's only going to last me a month or two), and a haircut every 2 months.
Thanks.
23
Annual gross income from employment or profession:
€25000
Type of employment:
Full-time admin
Expenditure pattern:
Not bad...try not to go near shops too much as i'm awful at compulsive buying! If I want something, I find it impossible to wait.
Rough estimate of value of home
Renting
Mortgage on home
€550 a month, rent.
Other borrowings – car loans/personal loans etc
Personal loan of €1800 with €1290 left to pay - I pay €90 per month Direct Debit.
Credit card with €500 on - I pay 30% a month but usually end up spending it again.
Credit card with €700 on - I pay minimum payment each month.
UK overdraft of £1200 (left over from Uni in UK) - I transfer over €50 a month. This account it a graduate account with 2 years left at 0% interest.
[EDIT: I have applied for a new 0% intrest credit card and plan to transfer the balances of both cards across to this - making it easier to pay off]
Do you pay off your full credit card balance each month?
No - pay off 30% of balance each month
Savings and investments:
None
Do you have a pension scheme?
No
Do you own any investment or other property?
No
Ages of children:
None
Life insurance:
No
What specific question do you have or what issues are of concern to you?
I really would like to get my debts all cleared off this year. I constantly have problems with money running out at the end of the month and I usually spend the last week or so with pittance to live off. I know it's bad budgetting but I just want to get my finances in order so I can afford to pay more for rent so I can afford a 1 bed place of my own to rent, rather than living in a house share.
Monthly spending is usually something similar to this:
Income: 1800
Rent: 550
UK bank account: 50
Loan: 90
Credit Card 1: 80
Credit Card 2: 100
ESB: 110
Bord Gais: 60
Mobile Phone Credit: 20
Eircom: 30
NTL: 10
Bin Charges: 10
Gym: 75
Dart Pass: 80
Bus: 20
The rest usually goes on food, 3-4 nights out a month (includes cinema/pubs etc), clothes (i'm currently trying to lose weight and keep having to buy new clothes every month as my size decreases. I try to stick to basic, cheap penneys/dunnes clothes as pointless spending money on anything good if it's only going to last me a month or two), and a haircut every 2 months.
Thanks.