DH and I have just found out we are about to lose £500 a month income.
I had started another thread, but I was advised to come here for some advice. We don't know what we are going to do and I wondered if anyone could help us. Name changed because lots of these details would out us.
We have just taken on an 18 month lease with a letting agent. We have spoken to them this morning, and we cannot break this. We could simply not pay, but we would lose our deposit, and would struggle to find a landlord that would take us on if we did this.
We currently earn about £30k between us, take home about £23k.
Rent is £1000
Council Tax is £200
Gas and Electricity is £190
Phone/Broadband is £50
Childcare is (currently) £350
Car insurance is £60
Car payment is £140
Petrol around £80
Home insurance is £20
Gym membership is £75
Think that is everything. Obviously, this leaves us over budget. I genuinely don't know what we will do without this money?
We aren't entitled to any benefits, including WTC and CTC.
I genuinely don't know what to do.
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Advice needed, please
482 replies
NeedMoneyAdvice · 18/02/2014 13:35
OP posts:
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