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Old Aug 11, 2008 | 11:05 AM
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Christian and Beccy's Avatar
Christian and Beccy
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From: Norfolk
Default Current financial situation.....

So, we're all hearing in the news etc about how the price of everything is rising at an insane rate. We're getting it from all angles, Interest rates are rising fast making our mortgages more expensive, fuel costs are ridiculous, energy bills are rising by 30%, now I read that water companies want to jump on that bandwagon too.

Our remortgage alone is going to hike our monthly payment by £175 and thats already on a 30-year term.

I know this isn't really hot news, but in reality what on earth are we supposed to do? Week on week, we're becoming poorer and poorer and the only relief I can see from it is to either get another part time job. Beccy's work are taking overtime away (which was a very significant part of our income) as they can't afford to pay it and are outsourcing the work abroad etc, it just seems to be all take and the moment and absolutely no give from any direction.

We have let it ride until now, but it really is starting to get tough.
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