B
beaker
Guest
Hi All,
I am 34, single & renting a room in shared house. Have never really been a saver but now starting to think about house/future/etc and am worried that I am in financial trouble.
Work in private sector - approx E2850 p/month
rent E472.50 p/m
car loan E300 p/m - o/s bal E2100 - car mostly used for driving home once a month, and other infrequent short trips
sterling visa bal £4450 (approx E5300) - pay min bal by DD from stg bank account which i fund by bank draft every month
mobile bill aprox E100 p/m - on bill to avoid roaming when home/out of ROI
sterling credit union £20 p/m - bal £1400
roi credit union - E25 p/m - bal 800
savings a/c E850 - trying to save E500 p/m
tracker fund E800 - E100 p/m
2 sharesave schemes (3yr) with work for E75 p/m each - 1st started jan 08 & matures in Jan 11; 3rd one starting for E75 p/m in Jan 10
shares held - approx E950 - spread of companies & no intention to purchase more at present
dont think i have an expensive social life - out maybe 2/3 weekends per month, rarely during the week - or eating habits
tend to get luas to work but walk home 2/3 evenings per week
subsidised work canteen & tend not to cook at home in week - takeaways cut way back recently
but still find myself raiding savings routinely
worried
1) that by the time i have saved enough of a deposit that i will be too old to qualify for mortgage
2) cause i dont appear to have any real budgeting skills - maybe also enough willpower/determination to say no to people/possessions
feedback/advice/opinions welcome
I am 34, single & renting a room in shared house. Have never really been a saver but now starting to think about house/future/etc and am worried that I am in financial trouble.
Work in private sector - approx E2850 p/month
rent E472.50 p/m
car loan E300 p/m - o/s bal E2100 - car mostly used for driving home once a month, and other infrequent short trips
sterling visa bal £4450 (approx E5300) - pay min bal by DD from stg bank account which i fund by bank draft every month
mobile bill aprox E100 p/m - on bill to avoid roaming when home/out of ROI
sterling credit union £20 p/m - bal £1400
roi credit union - E25 p/m - bal 800
savings a/c E850 - trying to save E500 p/m
tracker fund E800 - E100 p/m
2 sharesave schemes (3yr) with work for E75 p/m each - 1st started jan 08 & matures in Jan 11; 3rd one starting for E75 p/m in Jan 10
shares held - approx E950 - spread of companies & no intention to purchase more at present
dont think i have an expensive social life - out maybe 2/3 weekends per month, rarely during the week - or eating habits
tend to get luas to work but walk home 2/3 evenings per week
subsidised work canteen & tend not to cook at home in week - takeaways cut way back recently
but still find myself raiding savings routinely
worried
1) that by the time i have saved enough of a deposit that i will be too old to qualify for mortgage
2) cause i dont appear to have any real budgeting skills - maybe also enough willpower/determination to say no to people/possessions
feedback/advice/opinions welcome