Life's a Rollercoaster

Here is my SOA (with some annotations of things I felt may need an explanation). As I am teacher training and therefore living off a student loan and a Saturday job, it was a little more difficult to complete.
I have calculated up to and including August as I should be able to work August to pay September bills when I should then have a teaching job.

Please feel free to share any thoughts.


Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 1 my boyfriend stays over regularly but I technically live alone.
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1052 This is the amount I have now (left over savings and first student loan installment) plus my next two student loan installments,
plus £100/month from a Saturday job. I divided this by 9 to give me a monthly amount from now - August (I hope to be working part time throughout August ready to start a job in Septembet)
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1052

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 162
Rent.................................... 475
Management charge (leasehold property).. 0
Council tax............................. 0 As a student I am exempt. They have messed up my application for this so I've paid 3 installments which I should be getting back soon
Electricity............................. 69 Combined gas and electricity
Gas..................................... 0
Oil..................................... 0
Water rates............................. 20 Pay quarterly and put £20 per month into a savings account in anticipation of the bill
Telephone (land line)................... 0
Mobile phone............................ 33 Stuck in a contract
TV Licence.............................. 13
Satellite/Cable TV...................... 17 This is a massively reduced offer from Sky as I record most of my TV
Internet Services....................... 41 This is inclusive of land line and I have no other option of package due to the area I live in
Groceries etc. ......................... 0 Although he doesn't live with me, my boyfriend takes full responsibility for the weekly shopping
Clothing................................ 0
Petrol/diesel........................... 80
Road tax................................ 12
Car Insurance........................... 0 Paid in full this year and will be paid monthly next year so currently can't afford to put away for this
Car maintenance (including MOT)......... 0 I have a small emergency fund which I am trying to grow with spare change that will be used for these purpases
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0 Paid in full for this year, will shop around Christmas time for a good deal to pay in full using emergency fund
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0 These come out of any extra I get from my Saturday job above the £100 I budget
Haircuts................................ 0
Entertainment........................... 8
Holiday................................. 0
Emergency fund.......................... 0 I don't set aside a certain amount from this but this gets built up with pennies left over from rounding up bills, additional income from Saturday job, and any petrol money I get back from work
Total monthly expenses.................. 930


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 3000
Other assets............................ 0
Total Assets............................ 3000


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(0)........0
Hire Purchase (HP) debt ...... 3401.....(162)......0
Total secured & HP debts...... 3401......-.........-

Unsecured Debts All 0% interest as I am paying these through StepChange. My parents said they are happy for me to pause paying until I get a full time job in September.
Description....................Debt......Monthly...APR
Credit Card....................330.......5.........0
Loan...........................7013......18.5......0
Overdraft......................1639......11.5......0
Dad............................880.......0.........0
Mum............................530.......0.........0
Loan+Overdraft.................3749......26........0
Total unsecured debts..........14141.....61........-


Monthly Budget Summary
Total monthly income.................... 1,052
Expenses (including HP & secured debts). 930
Available for debt repayments........... 122
Monthly UNsecured debt repayments....... 61
Amount left after debt repayments....... 61

Personal Balance Sheet Summary
Total assets (things you own)........... 3,000
Total HP & Secured debt................. -3,401
Total Unsecured debt.................... -14,141
Net Assets.............................. -14,542

Looked at all my bills today. If I don't get any additional income I can survive until the end of August on student loan + Saturday job (not including my savings account). Assuming I am successful in getting a teaching job I would be paid at the end of September, so realistically I need to get at least £900 into the savings.
It's currently sitting at £256 but this is put aside for Christmas presents (intending to spend as little as possible) and will need to be used for home insurance in December, MOT in April and an initial car insurance payment in August (will be back to monthly payments next year).

I have £3.18 sat in my PA account that I''m hoping to keep saved in there to add up towards the £900 I need.
I also have £3.47 pending in my TCB account and will be using links from this for Christmas presents (as well as insurance, etc throughout the year) so this should help top up the funds!
My ReceiptHog account is coming along nicely and I am a third of the way to £5 cashout with PayPal - it's taking ages but well worth it for simply taking a photo of every receipt I get.
825 points on YouGov so I'm a long way from the 5,000 needed for a cashout but again, it's worth it for next to no effort.

I also should be able to work most of the holidays (there are 53 days I have free for work between now and September but obviously I'm going to need some of these to do essays, etc and it will entirely depend on when I am needed at work as to how many of these I manage to actually work!) I calculate that if I worked half of these I easily cover the shortfall.

Thank you HairyHandofDartmoor. Congratulations on your own debt busting and good luck for the emergency fund!

£3 planned spend for dance class tonight and currently no other spending. Though I may pop out to Tesco later as I really need a new hoody and would be good to have it ready for Pyjama Day for Children in Need tomorrow. If I do I'll be borrowing this money off myself in anticipation of payday at the weekend!

Savings: £256.48
PA: £3.18
TCB: £3.47
Clubcard: £13.50
Receipt Hog: 483/1500
YouGov: 825/5000

Yes, very difficult! I made the mistake when I was first at uni of not splitting my loan up and ended up with no money (the start to my debt problems!). I knew I couldn't do that now without risking losing my house. I've learned a lot since then!
I'm very lucky that my parents are so understanding, and although they've both said there's no rush for the money back, I will be restarting payments once I've secured a job.
Regarding my Saturday job - this is working as a personal assistant for a disabled lady (taking her out in the community, etc) so the chance of extra hours would only arise if her other personal assistants are off, otherwise, the money just isn't in her budget. She has said she'll think of me if that happens though. I also used to work with a young man under a similar arrangement whose Mum has said she may ask me to do a few hours over summer too.

I don't think it's going to be too difficult to make this £900 with various part time work opportunities but as you never know what could happen (health, etc) I'd like to get myself sorted and on track sooner rather than later. Anything I manage to save that isn't required for living expenses with go either into an emergency fund or onto the debts once I have a job.

Not much to report, other than I've been sending on Christmas presents! That's the niece and nephew sorted and the main present for the OH (although I've not managed to get his annual leave confirmed for it yet so fingers crossed!).
I still need to buy OH anniversary present and a couple of little things to open at Christmas, and a couple of other bits for parents, etc. Mostly I need to get cracking on making my jam and Christmas cakes for presents!

Spends: £13.30/£20 (+£100.19 on Christmas from Savings account)

Savings: £160.29
PA: £7.87
TCB: £10.34
Clubcard: £13.50
Receipt Hog: 533/1500
YouGov: 875/5000