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  • FIRST POST
    • wellylass89
    • By wellylass89 27th Jun 16, 8:00 AM
    • 231Posts
    • 269Thanks
    wellylass89
    Starting again.. (again!)
    • #1
    • 27th Jun 16, 8:00 AM
    Starting again.. (again!) 27th Jun 16 at 8:00 AM
    Hello all! I've tried to keep diaries here before and failed however I've been inspired to start a new one..

    Things have changed dramatically for me in the last few months and I feel it's time to get organised and be rid of the debt I have once and for all..

    So currently I'm residing rent free in a friends spare room after my OH and I split up after almost 3 years together. I moved back to my home area and am currently looking for a full time job or in fact any job.

    The few months before everything went haywire were good. I paid off in full 2 credit cards I'd had since I was in uni (4 years ago) so that reduced my level of debt by £1,800, doesn't sound alot but it's made a difference!!

    So my debt as of now:

    - Halifax CC £675.68
    - Halifax O/D £743.92
    - Loan from friend £1900

    Total - £3,319.60

    Not masses but enough when you don't have a job!

    The money from a friend I can pay back as and when, it was for a new car as my previous one was about to die and being a 4x4 costing me silly money to run, also living in a rural area a car is an essential. The O/D is interest free and the CC is 17.5% I think so that will need paying off first.

    I'm applying for jobs everywhere and anywhere I have an interview for a part time job at the local hospital on the 12th and hopefully will hear back from a few more applications.

    I have a small amount of money to keep me afloat for now, I'm hoping I can get a job asap and use this as an emergency fund or towards the debt.

    Anyway that's enough rambling for now..

    Welly x
Page 4
    • wellylass89
    • By wellylass89 22nd Sep 16, 9:52 AM
    • 231 Posts
    • 269 Thanks
    wellylass89
    Just got an email from HR, DBS is back and they are awaiting one reference which happens to be a character reference from a family friend so have chased it up , the email was sent but he never received it? So it's been sent again and fingers crossed he gets it this time and gets it sent back!!

    A start date of Monday would be amazing, wonder if I ll get it?

    Welly x
    • wellylass89
    • By wellylass89 24th Sep 16, 8:28 AM
    • 231 Posts
    • 269 Thanks
    wellylass89
    So I ll be getting a start date next week!! HURRAH!

    I went out last night with a cousin who I haven't seen in 4 years, we got drunk and now I'm hungover ughh not very MSE!!!

    So I'm off to see my mate tonight and going to discuss moving in with her and have a Chinese and probably wine lol...

    Have a good day everyone
    Welly x
    • louby40
    • By louby40 24th Sep 16, 7:43 PM
    • 456 Posts
    • 985 Thanks
    louby40
    Oh that's great news! Let's hope you start work soon.
    Sept 16 - Barclaycard £540 0% First Direct £870 0% Parents £2995 = £4405
    Aug 16 - Barclaycard £668 0% First Direct £900 0% Parents £3295 = £4863
    Car loan £5803 Mortgage £100,883
    • wellylass89
    • By wellylass89 25th Sep 16, 9:24 PM
    • 231 Posts
    • 269 Thanks
    wellylass89
    Funny how things happen and change.. So was I going to leave my current house share and looking for something else.
    I was texting my aunt this afternoon telling her about things. She has said I can go and live with her and my uncle for a few months rent free so I can pay off my debts and save up for a place of my own.

    This of course is going to help massively as I will be able to pay off my debts and save for a deposit for a place to rent in about 4 months.

    Fingers crossed I get a start date tomorrow.

    Welly x
    Last edited by wellylass89; Yesterday at 6:58 AM.
    • wellylass89
    • By wellylass89 26th Sep 16, 7:25 AM
    • 231 Posts
    • 269 Thanks
    wellylass89
    So this is my new SOA.
    Obviously I'm not paying rent or bills. Fuel gone up as a bit further to commute. I need to seize this opportunity to the full and pay off all my debt then try to reduce my monthly outgoing to as little as possible so I can get my own place.

    Statement of Affairs and Personal Balance Sheet

    Household Information

    Number of adults in household........... 1
    Number of children in household.........
    Number of cars owned....................

    Monthly Income Details

    Monthly income after tax................ 1100
    Partners monthly income after tax....... 0
    Benefits................................ 0
    Other income............................ 0
    Total monthly income.................... 1100


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 0
    Electricity............................. 0
    Gas..................................... 0
    Oil..................................... 0
    Water rates............................. 0
    Telephone (land line)................... 0
    Mobile phone............................ 29.5
    TV Licence.............................. 0
    Satellite/Cable TV...................... 0
    Internet Services....................... 20
    Groceries etc. ......................... 120
    Clothing................................ 0
    Petrol/diesel........................... 150
    Road tax................................ 16.18
    Car Insurance........................... 77.6
    Car maintenance (including MOT)......... 20
    Car parking............................. 0
    Other travel............................ 13.2
    Childcare/nursery....................... 0
    Other child related expenses............ 0
    Medical (prescriptions, dentist etc).... 0
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 0
    Contents insurance...................... 0
    Life assurance ......................... 0
    Other insurance......................... 0
    Presents (birthday, christmas etc)...... 10
    Haircuts................................ 0
    Entertainment........................... 20
    Holiday................................. 0
    Emergency fund.......................... 20
    Total monthly expenses.................. 496.48



    Assets

    Cash.................................... 0
    House value (Gross)..................... 0
    Shares and bonds........................ 0
    Car(s).................................. 1200
    Other assets............................ 0
    Total Assets............................ 1200


    No Secured nor Hire Purchase Debts


    Unsecured Debts
    Description....................Debt......Monthly.. .APR
    Tesco .........................1250.58...25........0
    Halifax O/D....................750.......0.........0
    HF CC..........................726.16....16.18.....0
    Friend.........................1900......0........ .0
    Total unsecured debts..........4626.74...41.18.....-



    Monthly Budget Summary

    Total monthly income.................... 1,100
    Expenses (including HP & secured debts). 496.48
    Available for debt repayments........... 603.52
    Monthly UNsecured debt repayments....... 41.18
    Amount left after debt repayments....... 562.34


    Personal Balance Sheet Summary
    Total assets (things you own)........... 1,200
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -4,626.74
    Net Assets.............................. -3,426.74


    Created using the SOA calculator at www.stoozing.com.
    Reproduced on Moneysavingexpert with permission, using other browser.
    • wellylass89
    • By wellylass89 26th Sep 16, 12:26 PM
    • 231 Posts
    • 269 Thanks
    wellylass89
    Starting my new job tomorrow HURRRAH!!
    • NeverUnderestimate
    • By NeverUnderestimate 27th Sep 16, 8:27 AM
    • 34 Posts
    • 38 Thanks
    NeverUnderestimate
    Well done on the new job Welly! You sound ecstatic.

    And it's lovely of your family to offer for you to stay with them rent free. It really will help you alot.

    I hope your first day goes well today.

    NU x
    • Dolly Rocker
    • By Dolly Rocker 27th Sep 16, 4:30 PM
    • 2,255 Posts
    • 5,749 Thanks
    Dolly Rocker
    Finally!

    Hope you are loving the new job.

    Let us know how you are getting on & also great news about lodging with your Aunt & Uncle.

    Dxxx
    ***Diet 27lbs/84lbs***
    ***Debt £6,186.67/£14,523.76***
    ***Home Savings £0.00/£25,000.00***
    WW Support Thread 2016
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