S
smiler26
Guest
Age: 28
Annual gross income from employment or profession: €45k
Type of employment: employee
In general are you:
(a) spending more than you earn
Other borrowings – car loans/personal loans etc
€2,500 Car Loan from CU - Payments €200 per month
Do you pay off your full credit card balance each month?
YES
Savings and investments: Approx €30k in shares (majority vests in July)
Do you have a pension scheme? YES, 4% contribution
Do you own any investment or other property? NO
What specific question do you have or what issues are of concern to you?
3 years ago I had €20k debt, crazy I know. However, since then I paid everything off and my first new debt only started today (€2.5k car loan). I'm pretty sure I can pay that off every month, but I'm worried that I still seem to be broke 1 week before pay day every month. Any advice appreciated. Here's a summary of my incomings/outgoings.
Incoming: €2800
Outgoing:
Rent: €950
Credit Union : €200
Gas: €50
Electricity: €100
Broadband: €20
Car Insurance: €30
Credit Card (since I usually end up spending on it in the last week): €200
Cigarettes: €200
Groceries: €250
Lunch at Work: €210
Sundries: €200
Mobile (PAYG): €40
And yet, how am I always broke? I desperately need ways to start saving properly. I went through hell and back when I was in debt and I dont want to go back there!
Smiler
Annual gross income from employment or profession: €45k
Type of employment: employee
In general are you:
(a) spending more than you earn
Other borrowings – car loans/personal loans etc
€2,500 Car Loan from CU - Payments €200 per month
Do you pay off your full credit card balance each month?
YES
Savings and investments: Approx €30k in shares (majority vests in July)
Do you have a pension scheme? YES, 4% contribution
Do you own any investment or other property? NO
What specific question do you have or what issues are of concern to you?
3 years ago I had €20k debt, crazy I know. However, since then I paid everything off and my first new debt only started today (€2.5k car loan). I'm pretty sure I can pay that off every month, but I'm worried that I still seem to be broke 1 week before pay day every month. Any advice appreciated. Here's a summary of my incomings/outgoings.
Incoming: €2800
Outgoing:
Rent: €950
Credit Union : €200
Gas: €50
Electricity: €100
Broadband: €20
Car Insurance: €30
Credit Card (since I usually end up spending on it in the last week): €200
Cigarettes: €200
Groceries: €250
Lunch at Work: €210
Sundries: €200
Mobile (PAYG): €40
And yet, how am I always broke? I desperately need ways to start saving properly. I went through hell and back when I was in debt and I dont want to go back there!
Smiler