I got an interesting comment from a reader and we need your input.
“… I’ll like to know how to pay off £11,000 in 6 months with an annual income of £18,000. I really do need some advice.”
My response to the reader was that this is NOT possible unless he/she:
1. Has some MAJOR savings hidden away that can be easily accessed
2. Wins the lottery
3. Gets someone to pay it off for them
In order to pay off this money in six months the reader would have to pay $1833 per month but he is making $1500 per month. Does anyone have any ideas?