Age: 42
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 40,660 less pensionlevy of 2,310 = 38,350
Annual gross income of spouse
Monthly take-home pay 2,428
Type of employment: e.g. Civil Servant, self-employed civil serv
In general are you:
(a) spending more than you earn, or yes
(b) saving?
Rough estimate of value of home 100,000
Amount outstanding on your mortgage: 40,000
What interest rate are you paying? tracker, monthly payment 350
Other borrowings – car loans/personal loans etc cred union 400pm
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments: I try to save 10pw for Christmas
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: 18, full time student
Life insurance: no
My net pay each week is €507 (€607 less 100 deducted for credit union loan). I have kept a record of my outgoings for April and May and I've spent more than I earned. My only " luxury" in the 5weeks of May was 1 Chinese takeaway (for myself and child) and 1 meal out for myself. In April I got 2 fastfood takeaways. I also treated myself to 1 bottle of wine for €6 in the 2months! I feel working full time they're the least I deserve after a hard week. I'm shopping in the cheap supermarkets and that's cut down my grocery bill a lot. I'm expecting a pay cut in July and I really don't know what else I can cut back on. My gross salary looks good on paper but it's hardly enough at the moment to pay my bills. I consider myself very careful with money, I know exactly where my money goes and its not on unnecessary items.
Breakdown May
Wk1 wk2 wk 3 wk 4 wk5
Food - 120 135 75 73 96
Bills - 77 324 20 365 45
child- 35 25 110 30 110
Househld 23 134 31 - -
cash 10 25 20 20 50
savin 20 20 - 25 20
misc 25 23(charity) - 48(sunglass) -
annual 215(bday) 130(hhchg) - 195(carserv) 160tvlic
toiltr 36 - 9 40 -
cloths - 30 - 38 -
petrol 46 - - 30 -
meal/takawy 20(t) 25 (m) -
(the "child" expenses include pocket money of €25 pw, travel tkt, clothes, toiletries etc)
(the "cash" is the actual money I have in my purse and is spent on things I don't have a record of)
Spouse’s/Partner's age: n/a
Annual gross income from employment or profession: 40,660 less pensionlevy of 2,310 = 38,350
Annual gross income of spouse
Monthly take-home pay 2,428
Type of employment: e.g. Civil Servant, self-employed civil serv
In general are you:
(a) spending more than you earn, or yes
(b) saving?
Rough estimate of value of home 100,000
Amount outstanding on your mortgage: 40,000
What interest rate are you paying? tracker, monthly payment 350
Other borrowings – car loans/personal loans etc cred union 400pm
Do you pay off your full credit card balance each month? yes
If not, what is the balance on your credit card?
Savings and investments: I try to save 10pw for Christmas
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: 18, full time student
Life insurance: no
My net pay each week is €507 (€607 less 100 deducted for credit union loan). I have kept a record of my outgoings for April and May and I've spent more than I earned. My only " luxury" in the 5weeks of May was 1 Chinese takeaway (for myself and child) and 1 meal out for myself. In April I got 2 fastfood takeaways. I also treated myself to 1 bottle of wine for €6 in the 2months! I feel working full time they're the least I deserve after a hard week. I'm shopping in the cheap supermarkets and that's cut down my grocery bill a lot. I'm expecting a pay cut in July and I really don't know what else I can cut back on. My gross salary looks good on paper but it's hardly enough at the moment to pay my bills. I consider myself very careful with money, I know exactly where my money goes and its not on unnecessary items.
Breakdown May
Wk1 wk2 wk 3 wk 4 wk5
Food - 120 135 75 73 96
Bills - 77 324 20 365 45
child- 35 25 110 30 110
Househld 23 134 31 - -
cash 10 25 20 20 50
savin 20 20 - 25 20
misc 25 23(charity) - 48(sunglass) -
annual 215(bday) 130(hhchg) - 195(carserv) 160tvlic
toiltr 36 - 9 40 -
cloths - 30 - 38 -
petrol 46 - - 30 -
meal/takawy 20(t) 25 (m) -
(the "child" expenses include pocket money of €25 pw, travel tkt, clothes, toiletries etc)
(the "cash" is the actual money I have in my purse and is spent on things I don't have a record of)