My new debt free life

saver03 · 3 May 2009 at 5:26PM

As I am now debt free :j I thought I would have a new diary to mark the start of my new journey.

Here are the links to my old diaries incase you are interested
http://forums.moneysavingexpert.com/....html?t=328237
http://forums.moneysavingexpert.com/....html?t=387518
http://forums.moneysavingexpert.com/....html?t=998771
http://forums.moneysavingexpert.com/...html?t=1171039
http://forums.moneysavingexpert.com/showthread.html?t=1386111

Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 99.14
Partners monthly income after tax....... 1450
Total monthly income.................... 1549.14

Monthly Expense Details
Rent.................................... 425
Council tax............................. 95
Electricity............................. 35
Gas..................................... 35
Water rates............................. 18.05
Telephone (land line)................... 10
Mobile phone............................ 20
TV Licence.............................. 11.88
Satellite/Cable TV...................... 10
Internet Services....................... 10
Groceries etc. ......................... 120
Other travel............................ 30
Contents insurance...................... 17.28
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Emergency fund.......................... 100
Savings account......................... 200
ISA..................................... 300
OH's football........................... 20
Lottery................................. 20
Total monthly expenses.................. 1517.21

Monthly Budget Summary
Total monthly income.................... 1,549.14
Expenses (including HP & secured debts). 1,517.21

Amount left after debt repayments....... 31.93

I have included my basic pay as I am only contracted for 4 hours per week but have been doing more so the extra can go straight off my debt.
There are 2 adults and 1 cat
OH has a van from work so don't pay any vehicle related costs
I am on Virgin's £30 for phone, internet and TV
Lottery is £3.50 per week and OH wants to keep it as it's his hope!!
I left entertainment blank as I will be at college and working so probably won't really go out and if we do can always use the household emergency fund
I also ebay, when I have time, and make anything from £80-£500 a month

Well I am now saving to go to New York at the end of August and I am sure it will feel so much better to be able to pay for everything and not have to worry about the credit card bills when we get home.

I must just remember to actually save the money and not just fritter it away on things that I "need" like clothes, take aways etc. I would be so mad at myself if I fell back into bad habbits.

Plus, If I do more hours at work and get extra money then I will transfer the difference into my savings account to stop me wasting it.

I MUST just make sure I stay disciplined now and not get carried away just because I am debt free. I would like to actually buy a house at some point and I still have university/drama school to get through so I need to be sensible.

I may also join the NSD and grocery challenges as I get very competitive and I am sure they will keep me on the right track.

sparky0107 · 3 May 2009 at 6:25PM

Hiya saver,
Congratulations on becoming debtfree. Good for you. You will absolutely love New York, it's a magical city, DW and I went last November, to renew our wedding vows, if you like swing music, try swing 46, but check out their itinerary, as they have some excellent dancers, who will show you the moves. Have a great time and Good Luck

HazelS_2 · 3 May 2009 at 6:29PM

I'm very lucky to have a great friend (sadly he's gay, or I'd have snapped him up years ago!) who earns a fortune and loves to go to New York every year... I'm the poor girl that gets "dragged" with him (it's a hard life!!) and yeah - I have to endure hours on 5th ave not being able to afford anything, but I also get to eat in great places and meet fabulous people.... things I'd never get the opportunity to do.

I adore the place... it's like no other place on earth!!!

EssexHebridean · 3 May 2009 at 6:42PM

Excellent news - I can see you've already embarked on enjoying being a saver rather than a spender too! :j:T:beer:

saver03 · 4 May 2009 at 3:12PM

I have so much work to do for college and not enough time :mad: but what makes it worse is that, as usual, it is my own fault due to my best skill, procrastination :rotfl:

TO DO LIST
Learn my part for Animal Farm Act 1
Learn my part for Animal Farm Act 2
Actor skills audit
Director skills audit
F.O.H skills audit
Essay question for Musical Theatre
Log book for singing
Log book for Animal Farm
Read King Lear
Read Top Girls
Read Henry VI part 3
Log book for performance workshop
Log book for dance/movement
Log book for acting
Log book for movement train piece
Read An Actor Prepares
Read The Actor and the Text
Read The Right to Speak
Read The Actor Speaks
Read The Year of The King
Read Playing Shakespeare
Read King Lear

I will be glad when college is over, well only if I manage to get all the work done in time! I will be able to work more when I am finished and get seriously saving, as long as I don't fritter away the extra money.

Well I must dash so I can go over my lines and maybe start crossing things off the list!

saver03 · 10 May 2009 at 2:39PM

I am SO tired it is not good

As we are reheasring for our performance at college we are in Monday - Friday 10am-10pm :eek: Then I was working at a VERY busy cinema yesterday 10.30am-9pm. So today I am starting to flag a bit and I have college work to do so I cannot even relax :mad:

Todays to do list:

Learn "Suddenly Seymour"
Free scratch card
Check online banking
Daily clicks
Surveys
Update signature
Write up singing logbooks
Do musical theatre essay question

I am hoping that I can get all my jobs done as I still have quite a bit of written work to do and not enought time with all these long days :mad: Plus, I thought I would add my small jobs on there too as I do find it motivating to cross complete jobs off.

saver03 · 10 May 2009 at 5:57PM

Todays to do list:

Learn "Suddenly Seymour"[STRIKE]
Free scratch card
Check online banking
Daily clicks
Surveys
Update signature[/STRIKE]
Write up singing logbooks
Do musical theatre essay question

Thought that I would cross of some of the tasks of my list to spur me on

saver03 · 10 May 2009 at 10:04PM

Todays to do list:

[STRIKE]Learn "Suddenly Seymour"[/STRIKE]
[STRIKE]Free scratch card[/STRIKE]
[STRIKE]Check online banking[/STRIKE]
[STRIKE]Daily clicks[/STRIKE]
[STRIKE]Surveys[/STRIKE]
[STRIKE]Update signature [/STRIKE]
Write up singing logbooks
Do musical theatre essay question

I am glad I managed to cross off most of my list but I really wish I had made a start on one of the other jobs.

I only have 1 week to get those last 2 jobs done but with my 12 hour days at college and then working at the weekend I will definately have to manage my time effectively.

mummum2 · 11 May 2009 at 11:21AM

Wow! congrats in your debt freeness. I do envy you, can't wait to be there myself, although have about 4 more years to go before that time. Have fun in NYC, love that place.

MM2x :beer:

Primula · 11 May 2009 at 12:34PM

Wow, well done, you have done absolutely amazing and your SoA?! Well, what can I say, it is absolute perfection, you clever little MSE expert you. Your groceries are amazing, I am struggling with that bit.

Well done again.

saver03 · 13 May 2009 at 9:40PM

TO DO LIST
To be done before college ends 22nd May
[STRIKE]Learn my part for Animal Farm Act 1
Learn my part for Animal Farm Act 2[/STRIKE]
Essay question for Musical Theatre
Log book for singing
Actor skills audit
Director skills audit
F.O.H skills audit
Log book for Animal Farm
Research horse characterisation
Research Marxism
Research socialism
ASAP!!
Log book for performance workshop
Log book for dance/movement
Log book for acting
Log book for movement train piece
Read An Actor Prepares
Read The Actor and the Text
Read The Right to Speak
Read The Actor Speaks
Read The Year of The King
Read Playing Shakespeare

Well I am off to bed now as these 12 hour days at college are really taking their toll on me :sad: Thankfully we are performing next week then college is over so I can sleep!!

My new debt free life

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