S
seventhcat
Guest
Hi Ive just found this site and having spent hours reading some helpful posts i woul first like to thank everyone who posts on this site. It is very helpful and a valuable tool for anyone that has real money worries.
Secondly i would love to get some feedback to help me improve my situation.
Age: 35
Annual gross income from employment or profession: 36k
Type of employment: e.g. Civil Servant, self-employed: Retail
In general are you spending more than you earn or are you saving? im spending more than im earning
Rough estimate of value of home: 230k
Amount outstanding on your mortgage: 200k
What interest rate are you paying? not quite sure
Other borrowings – car loans/personal loans etc: 2 credit cards, owe 15k betwen them. One store card, owe 3k. 2 overdrafts each for 1k
Do you pay off your full credit card balance each month? I can only afford to pay the minimum payment every month.
Savings and investments: none
Do you have a pension scheme? not yet
Do you own any investment or other property? no
other outgoings: ESB 40 per month, home heating oil €30 per month, Petrol commuting to work approx €60 per week, car tax €40 every 3 months, basic ntl package €30 per month, health insurance €60 per month, car insurance €40 per month, house insurance €30 per month, mobile phone and broadband approx €120 per month.
Life insurance: only as part of motgage
What specific question do you have or what issues are of concern to you? I seem to be slipping deeper into debt every month and really need to turn things around before it is too late. Any help or advise would be most welcome! Thanks in advance!
Secondly i would love to get some feedback to help me improve my situation.
Age: 35
Annual gross income from employment or profession: 36k
Type of employment: e.g. Civil Servant, self-employed: Retail
In general are you spending more than you earn or are you saving? im spending more than im earning
Rough estimate of value of home: 230k
Amount outstanding on your mortgage: 200k
What interest rate are you paying? not quite sure
Other borrowings – car loans/personal loans etc: 2 credit cards, owe 15k betwen them. One store card, owe 3k. 2 overdrafts each for 1k
Do you pay off your full credit card balance each month? I can only afford to pay the minimum payment every month.
Savings and investments: none
Do you have a pension scheme? not yet
Do you own any investment or other property? no
other outgoings: ESB 40 per month, home heating oil €30 per month, Petrol commuting to work approx €60 per week, car tax €40 every 3 months, basic ntl package €30 per month, health insurance €60 per month, car insurance €40 per month, house insurance €30 per month, mobile phone and broadband approx €120 per month.
Life insurance: only as part of motgage
What specific question do you have or what issues are of concern to you? I seem to be slipping deeper into debt every month and really need to turn things around before it is too late. Any help or advise would be most welcome! Thanks in advance!