how desperate is your financial situation?

terrytrent · 24-07-2009 01:20PM

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 · 24-07-2009 01:51PM

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

thelordofcheese · 24-07-2009 01:56PM

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 · 24-07-2009 01:57PM

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 · 24-07-2009 02:03PM

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 · 24-07-2009 02:05PM

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 · 24-07-2009 02:10PM

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 · 24-07-2009 02:15PM

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 · 24-07-2009 02:21PM

johnny_knoxvile wrote: »

i had to sell the Porshe.

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

Sherifu · 24-07-2009 02:30PM

ScumLord wrote: »

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

+1

mawk · 24-07-2009 02:33PM

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 · 24-07-2009 02:35PM

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 · 24-07-2009 02:53PM

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 · 24-07-2009 02:54PM

johnny_knoxvile wrote: »

i had to sell the Porshe.

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

enniscorthy · 24-07-2009 02:54PM

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

starflake · 24-07-2009 03:17PM

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 · 24-07-2009 03:25PM

toronto80 wrote: »

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

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

sheepshagger · 24-07-2009 03:35PM

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 · 24-07-2009 03:38PM

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 · 24-07-2009 03:43PM

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

El Siglo · 24-07-2009 03:53PM

F*cked.

HouseHippo · 24-07-2009 04:02PM

If I don't get a job in a week i'm homeless..... Fcuk you boss who closed bar and legged it...you know who you are!!nd your son is a hash dealer!!!

soundsham · 24-07-2009 04:09PM

fine thanks 6.5k in credit union, 3k in bank savings, €200 doleper week €500cash at the moment per week from local farmer, handy going to orlando soon,medical card, and living with the oh, no rent well €33.70 per week not too bad she got new house off social last nov fully decked out,and she got a job in the local so gets between €160-€190 per week cash, handy keeps the cars on the road for the year.......happy days;)

Gillington · 24-07-2009 04:12PM

I'm actually screwed.A year in Oz seemed a good idea at the time.

Edgedinblue · 24-07-2009 04:12PM

pretty much buggered, no money, no savings, no loans, no food, no job, no social welfare cuz im a student. all a load of poopage

IvyTheTerrible · 24-07-2009 04:13PM

soundsham wrote: »

fine thanks 6.5k in credit union, 3k in bank savings, €200 doleper week €500cash at the moment per week from local farmer, handy going to orlando soon,medical card, and living with the oh, no rent well €33.70 per week not too bad she got new house off social last nov fully decked out,and she got a job in the local so gets between €160-€190 per week cash, handy keeps the cars on the road for the year.......happy days;)

Another deserving dole receiver....:rolleyes:

TheInquisitor · 24-07-2009 04:15PM

soundsham wrote: »

fine thanks 6.5k in credit union, 3k in bank savings, €200 doleper week €500cash at the moment per week from local farmer, handy going to orlando soon,medical card, and living with the oh, no rent well €33.70 per week not too bad she got new house off social last nov fully decked out,and she got a job in the local so gets between €160-€190 per week cash, handy keeps the cars on the road for the year.......happy days;)

This is the reason the dole needs to be cut to E100 per week. You sir are a travesty.

Theta · 24-07-2009 04:15PM

IvyTheTerrible wrote: »

Another deserving dole receiver....:rolleyes:

I was just about to say the same thing.

My name is URL · 24-07-2009 04:16PM

soundsham wrote: »

fine thanks 6.5k in credit union, 3k in bank savings, €200 doleper week €500cash at the moment per week from local farmer, handy going to orlando soon,medical card, and living with the oh, no rent well €33.70 per week not too bad she got new house off social last nov fully decked out,and she got a job in the local so gets between €160-€190 per week cash, handy keeps the cars on the road for the year.......happy days;)

wtf

Why are you claiming the dole if you get €500 p/w elsewhere?

Theres alot of talk on AH about people being on the dole and never working a day in their lives...

Those people are better than you

up them Schteps · 24-07-2009 04:20PM

I'm doing great. On work placement, living well, sponging off the parents when I finish placement.....Life's good these days!

how desperate is your financial situation?

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