M
Mary3
Guest
I have just been made redundant. Thanks to other posts I have a good idea of things I need to do but thought I 'd post my situation to gain some opinions on what should I do.
I have one child receive 200 per month maintenance
Car with tax of about 500 p/a and insurance 300 p/a
Credit Card with 6,000 balance
Redundancy Payment:
45,000
Current Outgoings Per Month
Mortgage 1072 (2nd year, 28 to go!, fixed @5.5% for next three years)
Loan 324 (2nd year 9,000 balance)
VHI 101.67 Plan b Options
Life and Serious Illness cover 85
House Insurance 46
Oil 100
Child's extra cirr. activities 70
Don't think I'll manage all on job seekers!
Thinking of reducing VHI and life cover, paying off loan and credit card.
Considering changing car to diesel as if do get another job live in remote area and long commute a possiblity.
A few jobs in house which need doing which will cost about 5,000
Is it worth paying for a course to get a qualification.
Maybe i'am best to lodge money , apply for benifits and use redundancy money to meet to balance until I get another job.
Sorry for long post just very confused and worried.
I have one child receive 200 per month maintenance
Car with tax of about 500 p/a and insurance 300 p/a
Credit Card with 6,000 balance
Redundancy Payment:
45,000
Current Outgoings Per Month
Mortgage 1072 (2nd year, 28 to go!, fixed @5.5% for next three years)
Loan 324 (2nd year 9,000 balance)
VHI 101.67 Plan b Options
Life and Serious Illness cover 85
House Insurance 46
Oil 100
Child's extra cirr. activities 70
Don't think I'll manage all on job seekers!
Thinking of reducing VHI and life cover, paying off loan and credit card.
Considering changing car to diesel as if do get another job live in remote area and long commute a possiblity.
A few jobs in house which need doing which will cost about 5,000
Is it worth paying for a course to get a qualification.
Maybe i'am best to lodge money , apply for benifits and use redundancy money to meet to balance until I get another job.
Sorry for long post just very confused and worried.