Agree completely. It’ll be very, very hard for her to out earn £36k worth of debt, if we’re to believe she’s on £65k (feels improbable to me but taking it at face value - but also acknowledging that’s the upper limit of her profession’s pay) then any additional income she believes she’ll earn to pay this down will be taxed at 40%, which means she needs to commit £60k of her gross to just satisfying that debt. And that doesn’t consider other deductions from gross income such as pensions, NI, taxable benefits, student loans, nor the interest rates of the balances. Nor wider macroeconomic factors such as increasing energy bills & higher base rate.She is clearly in denial if she thinks it’s an income problem not an overspending problem. It’s obviously party due to income but she should have learnt to live to her means. The cleaner that shhe justtifies as essential because she has adhd, there’s probably thousands of people with adhd that would benefit from a cleaner but can’t afford it. She needs a massive wake up call. She also doesn’t need childcare if work has slowed down
She states she hasn’t checked the pennies in each account , the loans will be fixed so it’s only the credit card bill. There is no way any of what she is saying is truthful . Her debt based on what she states is her outgoings is a whole year. If she was earning £10k in her business each month then where has this money gone , if I remember at the start of the year she had 7/8k in her sinking funds . The UC people obviously saw through her as who would give up on claiming if you had those money issues. The debt will be over 40k by the time she comes back from Sri Lanka as she will be ordering food in , ubering everywhere , will have bought a whole raft of items for the plane and won’t have earnt any money the whole time away other from TikTok lives and video views.She's still in denial as she still hasn't actually checked her accounts and it's still a rough amount.
She needs to get her tit together
She wasn’t, that was just turnover. As she’s selling physical goods there will be a sizeable cost of goods coming out of that, so a few grand a month.If she was earning £10k in her business each month then where has this money gone
Fully agree there are too many creators posting as a way to make money on subjects they are not qualified for . If you take Yasmine she posts videos on too many triggering subjects debt , health and weight . She was already subject of a financial conduct authority report a couple of years ago around her promoting a share schemes.Agree completely. It’ll be very, very hard for her to out earn £36k worth of debt, if we’re to believe she’s on £65k (feels improbable to me but taking it at face value - but also acknowledging that’s the upper limit of her profession’s pay) then any additional income she believes she’ll earn to pay this down will be taxed at 40%, which means she needs to commit £60k of her gross to just satisfying that debt. And that doesn’t consider other deductions from gross income such as pensions, NI, taxable benefits, student loans, nor the interest rates of the balances. Nor wider macroeconomic factors such as increasing energy bills & higher base rate.
It’s shocking that she’s making financial wellness content whilst also making these decisions that demonstrate a really poor understanding of personal finance. And poor personal financial conduct. This space needs regulating ASAP.
What goods was she selling ? She was supposedly providing consulting on project management, selling spreadsheets, displaying adverts on her socials as an influencer .She wasn’t, that was just turnover. As she’s selling physical goods there will be a sizeable cost of goods coming out of that, so a few grand a month.
I can’t help but wonder if a big problem for her is basic numeracy? Or just honesty?
You only have to look back at her Abu Dhabi trip last year when she was staying with these friends and how much she spent . She has no concept of living within a budgetTrip to Sri Lanka will be an interesting watch if she documents it (haha who am I kidding - of course she will!). Will they all have new clothes? Is she travelling economy? What 'hacks' or items are needed for the flight? Will there be any lounge passes bought? She seems the type of person who buys new clothes etc for holiday, pretend travelling in business class but really just bought 4 hours in an overpriced lounge. Will they just have chill time there or will they be out everyday on excursions etc.
If her company had been turning over £10k a month it would have been posted on her socials. She is not shy at telling everyone how well she is doing , like she is not shy at telling her personal issues .She wasn’t, that was just turnover. As she’s selling physical goods there will be a sizeable cost of goods coming out of that, so a few grand a month.
I can’t help but wonder if a big problem for her is basic numeracy? Or just honesty?
Will have to search back and see. Funny really as I was first drawn to her due to budgeting and money worries myself. I came back today from a city break with my little one. We had the best time and not a credit card in sight. I budgeted/saved for the flights from jan-june. Purchase flights in July. Budget/saved for hotel and spends jul-nov. It was lovely to not use credit - first time for me and I'm so proud of myself! We ate cheap (McDonald's and Xmas market food). Had big breakfast at hotel and took pastries for snacks from the breakfast buffet. In the past everything went on credit. Not anymore and I'm so happy I'm sorting myself out.You only have to look back at her Abu Dhabi trip last year when she was staying with these friends and how much she spent . She has no concept of living within a budget
Thankyou! Have found those videos, £800 over budget - wow. I couldnt even go £50 over budget. Just goes to show that she doesnt really live within her means/budget. I think she just does a budget to justify other stuff, dont know what but something!View attachment 2637601
Its the holiday spending one on TikTok in this picture and is quite a bit of scrolling, no idea how to link a video and get its url from the app I’m afraid
It’s also having to buy earphones for kids at the airport , also not knowing how much attractions cost and saying food costs more etc . For a seasoned traveller she obviously doesn’t plan ahead and actually check what it will costThankyou! Have found those videos, £800 over budget - wow. I couldnt even go £50 over budget. Just goes to show that she doesnt really live within her means/budget. I think she just does a budget to justify other stuff, dont know what but something!
She has made some comment to a question about her debt saying she has got most of the debt (not the first 10k) in recent months and wasn’t posting updated budgets. This must prove it’s not income related . She is a strange character trying to monetise her ex with the story about his infidelity and saying she will post more stories if there is interest. Again she justifies the holiday as she bought the tickets a year ago and it’s her friends using her house. It’s just the same excuses and reasons for any criticism.Why the duck is she lying and saying her outgoings are £3000 When her budgets all year say otherwise
View attachment 2637440This one is Feb
View attachment 2637441In March she paid herself £5600 salary and again you can see her outgoings each month if you watch her youtube.
In one video I also saw (I think Oct) she put aside £400 for kids clubs (each child does around 3 extra activities) and said it would cover unti Dec. Now I really think that she could cut that down just for the time being to maybe one paid club and then access the after school clubs for them at a low cost.