Can I rant about having no money?!

[Annoy]

I know, I know that nothing can really be done atm and there are many many more in a worse state than me! But I’m just so fed up of working full time and still having no money!

Both DH and I work full time. DH was made redundant last yr from a job he’d been in for 25yrs, and has taken another job pretty quickly which was good, he loves it! Less stress compared to his last job but he’s earning a quarter of what he was before.

We have a high mortgage due to buying the house 7yrs ago on his other salary.

We have £3k debt, own our old cars and want for nothing. But the bloody cars have cost so much recently... £500 for my MOT/repairs, then yesterday the windscreen cracks on the way to work and Autoglass won’t be able to come for 2 weeks!!! So I have to pay for it outright and hope that the insurance company will pay me back... £240 😫

Dreading my DH’s MOT next month!!

Sorry, I’m just ranting 😫

we want for nothing

The harsh truth is that you're trying to maintain an affluent lifestyle on far less income. A large home, two cars and whatever else isn't sustainable especially f you've spent all dh's redundancy pay out

You can make changes or carry on running up debts and credit card bills.

I've no doubt it's a horrible shock to now be on a low budget. My husband had a serious accident recently and can't work for months (self employed builder) I am essentially his carer at the moment.. I could cry about how tough it is or just get on with it as best we can.

@bloodywhitecat

I've been where you are now and it is truly shit when you are in the throes of it but it does get better with careful planning. It is often one step forward and two steps back and it is soul destroying when you are in the midst of it but there is life on the other side

Thank you

@BarbaraofSeville

Can you move to walking distance to schools, one of your jobs and cheaper supermarkets so you can manage with one car?

Any chance of either of you getting better paid work any time soon?

We’ve only ever owned 1 car up until DH was made redundant and got his new job.... working offshore he never needed a car for work. 2 is expensive! As we’re now realising!

In his new job he is hoping to transfer to our local town 2 miles away in Sept... fingers crossed.

My job is only 9 miles away and I do cycle often to keep fuel costs down but it’s such an active job that cycling every day would kill me! 🙈

@SmileyClare

we want for nothing

The harsh truth is that you're trying to maintain an affluent lifestyle on far less income. A large home, two cars and whatever else isn't sustainable especially f you've spent all dh's redundancy pay out

You can make changes or carry on running up debts and credit card bills.

I've no doubt it's a horrible shock to now be on a low budget. My husband had a serious accident recently and can't work for months (self employed builder) I am essentially his carer at the moment.. I could cry about how tough it is or just get on with it as best we can.

I’m sorry you’re in the situation you’re in! I’ve been self employed and understand how precarious it can be! I hope it gets better soon!

We are trying to lower our outgoings but like I’ve mentioned above, the 2nd car is a new necessity which we’ve never had in the 20yrs we’ve been together. We bought an old £3k run around with his measley £5k redundancy (Due to going from self employed
to staff only 8yrs ago, despite doing the same job for 25yrs! Hopefully the 2nd car
won’t be forever.

We have also weighed up DH becoming self employed again but his mental health was seriously deteriorating off shore and this situation we’re in now seems like the lesser of the 2 evils atm!

Oh fingers crossed for you. Plus if DH is 2 miles away, he can cycle

I suppose it's been a hard transition from well paid off shore work to lower paid work, plus if he's used to working off shore, there's also other benefits like getting fed at work half the time, and no commuting costs once he's there.

Can only suggest that you go through your budget with a fine tooth comb. If you knock a tenner of your utility cost each month, that's a tenner more you have to spend on nice things. Every little helps.

www.moneysavingexpert.com/family/money-help/

Thanks for your kind words. Dh fell from a roof so he's quite fucked for a while. I get it. It's shit to constantly worry about money, especially if something goes wrong (e.g. a car) we literally have nothing for emergencies. I do sympathise.

I've realised that although it feels good to have a rant, you just have to get on with it really, making cutbacks wherever you can. Life throws these curve balls and its tough to adapt to a big drop in income.

Although daunting, downsizing your house is your safety net if things don't improve.

A £5K redundancy package after 25 years really sucks! Sorry I assumed it would be a lot more.

If it helps, I'm filled with dread about our impending MOT too. You're not alone.

[quote BarbaraofSeville]Oh fingers crossed for you. Plus if DH is 2 miles away, he can cycle

I suppose it's been a hard transition from well paid off shore work to lower paid work, plus if he's used to working off shore, there's also other benefits like getting fed at work half the time, and no commuting costs once he's there.

Can only suggest that you go through your budget with a fine tooth comb. If you knock a tenner of your utility cost each month, that's a tenner more you have to spend on nice things. Every little helps.

www.moneysavingexpert.com/family/money-help/[/quote]
It sure has! And our food/electric bills have increased because he’s bloody here all the time! 🙈

@SmileyClare

Thanks for your kind words. Dh fell from a roof so he's quite fucked for a while. I get it. It's shit to constantly worry about money, especially if something goes wrong (e.g. a car) we literally have nothing for emergencies. I do sympathise.

I've realised that although it feels good to have a rant, you just have to get on with it really, making cutbacks wherever you can. Life throws these curve balls and its tough to adapt to a big drop in income.

Although daunting, downsizing your house is your safety net if things don't improve.

Yeah, the ranting on here has actually been quite useful! Thank you 😀

I hope your DH is up and about soon x

@SmileyClare

A £5K redundancy package after 25 years really sucks! Sorry I assumed it would be a lot more.

If it helps, I'm filled with dread about our impending MOT too. You're not alone.

It is shit! But it was because he was self employed for most of those 25yrs 🙄