IAmAStupid
Registered User
- Messages
- 14
Age:
38
Spouse’s/Partner's age:
39
Annual gross income from employment or profession:
E40,000 – I get 2950PM after tax + 300 child benefit.
Annual gross income spouse:
nothing, she is a house wife
Type of employment:
Private sector employee
Expenditure pattern:
We are both generally 'savers'
Rough estimate of value of home
Living in a rented apartment, E700 per month.
I don’t own a house.
Other borrowings – car loans/personal loans etc
Personal Loan 1 (total e14000): e 425 PM
Personal Loan 2 (total e4500): e 207 PM
Personal Loan 3(total e3900): e 105 PM
CC1 (balance 6500): 30 e PM (3.9% interest rate)
CC1 (balance 9500): 200 e PM (2.9% interest rate)
CC1 (balance 4000): 90 e PM (3.9% interest rate)
CC1 (balance 2500): 70 e PM (0% interest rate)
CC1 (balance 2700): 30 e PM (0% interest rate)
Other outgoings – PM
Telephone and broadband – 80e per month
ESB – 100e per month
Transport charges (BUS, I don’t have a car) – 60e per month
Food + other.exp. – 500e PM
Do you pay off your full credit card balance each month?
Yes, but on special interest rate balances I will pay only minimum.
Savings and investments:
e15000 earnings, we put on a investment abroad with a good returns, about 250e PM.
Do you have a pension scheme?
No
Do you own any investment or other property?
Yes, I have some shares from banks worth now e15000.
Ages of children:
5 years and 3 years
Life insurance:
Yes – 50e PM
What specific question do you have or what issues are of concern to you?
I am so stupid to borrow like that and now I am suffering.
Does any one can give me a direction to come out of this huge debt?
Thanks.
38
Spouse’s/Partner's age:
39
Annual gross income from employment or profession:
E40,000 – I get 2950PM after tax + 300 child benefit.
Annual gross income spouse:
nothing, she is a house wife
Type of employment:
Private sector employee
Expenditure pattern:
We are both generally 'savers'
Rough estimate of value of home
Living in a rented apartment, E700 per month.
I don’t own a house.
Other borrowings – car loans/personal loans etc
Personal Loan 1 (total e14000): e 425 PM
Personal Loan 2 (total e4500): e 207 PM
Personal Loan 3(total e3900): e 105 PM
CC1 (balance 6500): 30 e PM (3.9% interest rate)
CC1 (balance 9500): 200 e PM (2.9% interest rate)
CC1 (balance 4000): 90 e PM (3.9% interest rate)
CC1 (balance 2500): 70 e PM (0% interest rate)
CC1 (balance 2700): 30 e PM (0% interest rate)
Other outgoings – PM
Telephone and broadband – 80e per month
ESB – 100e per month
Transport charges (BUS, I don’t have a car) – 60e per month
Food + other.exp. – 500e PM
Do you pay off your full credit card balance each month?
Yes, but on special interest rate balances I will pay only minimum.
Savings and investments:
e15000 earnings, we put on a investment abroad with a good returns, about 250e PM.
Do you have a pension scheme?
No
Do you own any investment or other property?
Yes, I have some shares from banks worth now e15000.
Ages of children:
5 years and 3 years
Life insurance:
Yes – 50e PM
What specific question do you have or what issues are of concern to you?
I am so stupid to borrow like that and now I am suffering.
Does any one can give me a direction to come out of this huge debt?
Thanks.