Advice for speeding, loss of license

[ar3nbe]

Morning all,
Last night travelling along the M5 i was done for speeding. 130 slowing down to 122 in a 90 zone. Stupid yes i know. Was there a reason ? Yes. But would the police accept it, i doubt it.

Anyway, thats a $550+ fine and 4 points, but being a P plater i only have 4 points and that equals three months loss of license. I have learnt me lesson, and i do rarely speed, if at all.

However, i am asking for advice. What should i do? I can pay the fine, and get my three months disqualification, or i could contest it. First time offence, been driving for 8 months.

Please dont flame me, or call me an idiot as i am already well aware of this. If you want to post, please make it constructive. I could do with all the help i can get.

Thanks in advance.