how desperate is your financial situation?

toronto80

just had a glance at my balance there and it's frightening.

balance: 1450
savings: 2500


my outgoings per month are roughly 1200 which leaves me with f all money for the month oh and i have a loan also which still has another 5k to be paid off (probably not a good idea to have savings then i know). this ain't going to be a charitable month for me.

loan+rent = torture

ScumLord

No loans, no debt, some savings. Grand thanks.

petes

Fucked.

Pop's Diner

I'm quids in. Thanks for asking.

AnonoBoy

You're all going to hate me but I've got more money now than ever.

I don't owe anybody anything and I'm raking it in due to my astute patenting of the phrase "in these recessionary times".

ChocolateSauce

Poor enough I have to live on 100 a week, wealthy enough I can live in a 4 bedroom apartment in Rathmines with only one other person.

TeletextPear

No loans, ok savings.
Havnt checked my bank balance in about three months but the scarebox hasnt given me the insufficient funds message yet so im probably doing ok

toronto80

Insurgent wrote: »

Fucked.

as bad as me?

laugh

I am craptastic with money, I need a sugar momma asap.

prazeres

Best advice is always try and live within your means.Trust me YOU wil feel a lot better!Member people are not that great with money JUST NEED A LOT MORE SELF DISCIPLINE! O nly pat back the loan when you can on your terms they cant do much! Never go hungry just pay your rent and food take it from there!

MagicMarker

Not too bad, a large chunk of my wage goes towards a loan but I have a little bit of savings and if I lose the aul job then the payment protection should kick in.

There was a time when my card was maxed and current account in constant overdraft, so in comparison, I'm laughing.

Keano

Small personal loan, mortgage and about to lose my job but I have a few pennies tucked away. Ask me again in a year.

petes

toronto80 wrote: »

as bad as me?

Maybe worse!

The_Minister

No loans, money coming in, savings increasing.

Kiera

I'm doing ok. Have a small enough mortgage, no car loan, no overdraft, steady job.

120_Minutes

Living month to month, no savings, no luxuries, counting every penny, wife on the dole, no kids, 1 car, rented house. i get paid just as the money runs out every month. anything unforseen and i'm ****ed.

My name is URL

1) Mortage & Loans
2) Part time work
3) ????
4) Suicide

johnny_knoxvile

i had to sell the Porshe.

Heisenberg.

This post has been deleted.

TeletextPear

My name is URL wrote: »

1) Mortage & Loans
2) Part time work
3) steal underpants
4) Suicide

:pac:

rossie1977

outside of about 600euro credit card debt thats it, although that will increase massively again come sept/oct when i have to book flights to america, happy enough with me savings

jester77

No loans, no debt, enough savings to comfortably sit on my ass for a few years!

Pyr0

I've about 450 until the end of the month, going away on sunday so i'm taking it all wtih me !

Other than that I tend to be alright, gotta start saving though.

toronto80

fair play to all those with their money sorted, wish i could say the same about myself. at least i've fully paid off my credit card and that i've no overdraft. although i still get depressed about the whole thing from time to time. job insecurity is not helping matters and i fear i could be on the dole quite soon which would be pain.

ScumLord

120_Minutes wrote: »

Living month to month, no savings, no luxuries, counting every penny, wife on the dole, no kids,

OMG they took your kids?!!!

gurramok

No loans, no debt. Good savings, never bought into the Celtic Tiger wealth trap which was really all debt.

ejmaztec

I'd have no financial problems if I could just get rid of the 3000 crates of bottled snake-oil that I siphoned out of the septic tank.

terrytrent

toronto80 wrote: »

just had a glance at my balance there and it's frightening.

balance: 1450
savings: 2500

In the general scheme of things, I'd class this as average

anti chris-t

much better than i was this time last year but still in about 6k debt. Hoping my jan 2010 i'll be debt free but if i lose my job or anything like that ill be up sh1te street.

toronto80

terrytrent wrote: »

In the general scheme of things, I'd class this as average

really? even considering the remaining loan of 5k which has to be pid back within the next year?

WithCheesePlease

Scien wrote: »

No loans, no credit cards but no money, no savings.

I'm moronic with Cash.
I save on food & entertainment all week but still find myself looking at this crap online every monday morning:

SAT: 00:22 POS-DICEY GAR -€50.00
SAT: 02.10 POS-GRFTN ST. AIB -€60:00

Ha, good stuff. Still doesn't compare to me though waking one morning with almost 400 in my wallet. Rang the bank to be sure I hadn't mugged and killed somone. Knowing I had a wedding the next day I dutifully went to the ATM at about 3 in the morning and withdrew the guts of 200 euro. Then, about 7 minutes later in my inebriated state remembered I needed money for the next day and went and withddrew the same again - obviously forgetting I had already just been. Scary.

terrytrent

toronto80 wrote: »

really? even considering the remaining loan of 5k which has to be pid back within the next year?

Yep, I know people in a lot worse shape

toronto80

suppose, doesn't make me any less worried though!

thelordofcheese

toronto80 wrote: »

just had a glance at my balance there and it's frightening.

balance: 1450
savings: 2500


my outgoings per month are roughly 1200 which leaves me with f all money for the month oh and i have a loan also which still has another 5k to be paid off (probably not a good idea to have savings then i know). this ain't going to be a charitable month for me.

loan+rent = torture

Wait, how do you spent 1,200 in a month. I couldn't do that if i tried.

Well, ok, i could, but i'd have to buy coke and hookers to make it happen. maybe even hookers made out of coke.

the_dark_side

no dole, no job, no savings... odd jobs here and there. wife covers mortgage for now. may turn house into holiday home and split.

Paulyh

pretty screwed myself!! payout nearly 1000 a month on loan, then 450 rent (half of 900, apartment withn girlfriend).......not left with much to live on. own a house with an ex, which we are looking to sell. so hopefully we'll get a good enough price to clear the mortgage and loan on it:eek:

my life is pretty much on a stand still until i repay my loans in 2 or 3 years!! its quite stressful thinking about it, which i do alot......but as soon as i win the lotto everything will be alright:D

i went a bit wild with borrowing in my younger days......'if the banks offered me the money, i would take it without thinking'. so lived way beyond my means, and paying for it now........
but, there's not a whole lot i can do about now, just keep on truck'in!!

toronto80

thelordofcheese wrote: »

Wait, how do you spent 1,200 in a month. I couldn't do that if i tried.

Well, ok, i could, but i'd have to buy coke and hookers to make it happen. maybe even hookers made out of coke.

rent 400
loan 350
phone 20
food 250-300
petrol 60
sometimes some other random stuff thrown in

all adds up

Mr Benevolent

OP, why do you have savings AND a loan? Doesn't make sense. Pay some of the loan off with the savings and you'll save more money.

I'm on the dole and saving €160 per week, no loans or credit cards, off to Australia in 7 weeks.

(I collected €20,000 in debt and only paid it off last year)

mkdon05

Theres a little saying in the accountancy world that "CASH IS KING""
meaning you should always have some cash at your disposal.
If the OP paid the 2500 off the 5k loan, i would deem this a bad move.
my 2c

Gran Hermano

johnny_knoxvile wrote: »

i had to sell the Porshe.

Pity it wasn't a Porsche, you could have made some decent cash

Sherifu

ScumLord wrote: »

No loans, no debt, some savings. Grand thanks.

+1

mawk

im pretty good actually. Wealthiest iv ever been. No loan, credit card is in positive figures and im actually looking to buy a boat this winter. Working damn hard for it though

toronto80

mkdon05 wrote: »

Theres a little saying in the accountancy world that "CASH IS KING""
meaning you should always have some cash at your disposal.
If the OP paid the 2500 off the 5k loan, i would deem this a bad move.
my 2c

this is why i'm afraid to pay it off sooner as i don't know if i'll be working in a few months down the line. if i use the 2.5k to pay it off i might not have any money at hand and i'll rightly be up **** creek.

LittleKitty

let see.... 600 overdraft from one bank and 650 overdraft from another bank both of which are compleetly overdrawn. bout 4000 borrowed from my parents overall, but in installments of 100's, so i dont actualy have any money. Any saving i had are compleetly gone on rent/food/esb.
work full time for no pay as part of a college placement (dont get me wrong, love the place im working, but money would be a massive help), coz my hours arent set i cant have a part time job at the same time.

have to find 550 of a deposit by next week for my new house, so have a notion what i am going to do bout that.

Fozzie Bear

johnny_knoxvile wrote: »

i had to sell the Porshe.

Sucks to be you. I only had to sell one of mine!

enniscorthy

just got lovely lump sum this morn heheheh off to dominic republican bye4now hehehehahahahahahahahehehehehehahahaahhohohohohohoheheheheehahahhohohoh

starflake

Just got paid this morning and with rent, food, transport, savings and bills I will have about 270 to spend for the month.

that's actually loads for me so I'm happy! I suppose, it's all relative to circumstance.. no mortgage, credit cards, loans, don't drink or smoke... So thank God for that now...

Scary times

terrytrent

toronto80 wrote: »

suppose, doesn't make me any less worried though!

True, and it shouldn't. You asked the question though

sheepshagger

Confab wrote: »

OP, why do you have savings AND a loan? Doesn't make sense. Pay some of the loan off with the savings and you'll save more money.

I'm on the dole and saving €160 per week, no loans or credit cards, off to Australia in 7 weeks.

(I collected €20,000 in debt and only paid it off last year)

How do you manage that when the Dole is what 200 notes a week, are you living on a redundancy payout (just as a matter of interest).

sheepshagger

Have a mortgage, but no other debt, did have a credit card bill that I could never seem to clear as i was always sticking stuff on it (pure luxuries) but have knuckled down the last couple of months - am now actually saving from this months pay packet , its been tough having to cut back but its well worth it (just wish i'd done it sooner!)

WillieCocker

I'm a money lender.
Business is better than ever.