Who went into debt whilst on mat leave?

[Jem]

We did, we were £800 a month worse off, and what ultimately landed us in bankruptcy. Id still do it all again for my boy tho.

I'm similar to to how you were in the fact we have so much going out rather than coming in. If you don't mind me asking, how did it go going bankrupt? We've been advised to do that but I want to try and pay everything as I don't want to lose my house. That's all I worry about, losing my house x

 

[candeur]

We were in a bit of debt before, but it wasn't a really a huge amount, but now we're further in debt, and it's just getting so stressful

Our outgoings are approx £1500/1600 per month, inc all bills, mortgage, council tax etc, OH's pay covers that with just a bit left over, and then my pay is about £490 a month which we live on for food, petrol, baby milk, nappies. It's getting so hard.

 

[aimee-lou]

I've taken a £400 a month cut by going onto SMP....doesn't sound a lot but for the last 3 months I've had a £600 shortfall as I've been on SSP!

It is really tough and we have debts which need to be paid. I have just finished typing up all the letters etc to re-negotiate our payments until I go back to work in May. I'm not going through the next 9 months worrying like I am at the moment. Way I see it they can have these payments or nothing, but because I'm being pre-active I'm hoping that it wont affect us too much. FX'd they accept.

(I've literally just finished on the spreadsheets so feel pretty confident that we're ok )

It's going to be hard but as long as my debt goes the right way i.e. down, I really don't care!

 

[Mum2b_Claire]

And on another subject, Blah i would never have thought u were only 21, u come across as so mature!

.

I thought EXACTLY the same!

 

[Pyrrhic]

We started dipping into our overdraft in July (when all my mat pay stopped) hence why I made the decision to go back to work. We would have coped fine had we made a lot of changes, but I didn't want to be living on the bread-line. Now we'll have an extra £1,500 coming in a month from my salary. Minus childcare and it's still a lot. So we can live comfortably and pay off our debts 3 years quicker.

 

[Blah11]

I'm gonna end up £500 into my overdraft when I go back to work in October so not really that bad in the end. It's all the things that you don't budget for that bites you.. like the £100 deposit we had to pay for Amelies nursery, or the £30 for someone to fix our boiler

 

[ChloesMummy]

I got in debt big time with my firstDD and my parents had to bail me out it was that bad. This time I have been so lucky with my mat leave, I got 6 mths full pay and my bonus comes in in about 3wks which will get us through comfortably and save some. I dread to think what state we would be in if I didn't have this bonus, I can't budget no matter how hard I try.

 

[xJG30]

I got in dept after my mat leave.. was only to my dad so not quite as bad but he was constantly moaning knowing full well i had no money

I hated it

 

[Mum2b_Claire]

We simply wouldn't be able to afford me being off for the full 12 months without my parents contribution...work paid me half pay up until 6 months which we've been fine on, but we can't afford to live with me on SMP only and then on one salary after it runs out.
I don't like relying in my parents but they really wanted to help me stay off until Ruby is nearly one...