06 Oct

Where Am I?

My Fiance and I recently sat down and looked at our financial posision. It’s the first time I’d really come clean about how much debt we were in and how much money we have…

Our current balance sheet looks something like this:

Debts

  • House: £36,000 Mortgage. House Value: £110,000
  • Personal Debt: £5,000 (Mix of credit card and personal loan for the car, plus an overdraft)
  • Business Debt: £31,000 (Mix of credit card and loans)

Yeah… quite a bit of debt then…

Assets

  • Membership sites that earn about £3000 per month

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