spam.jam addressing my debts diary

spam.jam

Ok, I am taking the plunge. I will write up my spends etc after my exam on 14.07.08 when I have more time

Debt today 3292.00

Love this site

Good luck everyone

IWantToBeFree_2

Hi Spam.Jam!

Congrats on having your LBM & good luck with the exams

spam.jam

Monthly Income Details
Monthly income after tax................ 459
Partners monthly income after tax....... 0
Benefits................................ 813.8
Other income............................ 40
Total monthly income.................... 1312.8

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 437
Management charge (leasehold property).. 0
Council tax............................. 73
Electricity............................. 47
Gas..................................... 38
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 30
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 11
Groceries etc. ......................... 300
Clothing................................ 20
Petrol/diesel........................... 90
Road tax................................ 15
Car Insurance........................... 15
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 140
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 12
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 18
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 30
Total monthly expenses.................. 1305

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

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
combined ......................3292......0.........0
Total unsecured debts..........3292......0.........-

Monthly Budget Summary
Total monthly income.................... 1,312.8
Expenses (including secured debts)....... 1,305
Available for debt repayments........... 7.8
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 7.8

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -3,292
Net Assets.............................. -3,292

no wonder im not getting anywhere if my expendible income is only £7.80!
any advice gratefully recieved.xx

thank you.........xxxxxxxxxxx

IWantToBeFree_2

spam.jam wrote: »

Monthly Income Details
Monthly income after tax................ 459
Partners monthly income after tax....... 0
Benefits................................ 813.8
Other income............................ 40
Total monthly income.................... 1312.8

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 437
Management charge (leasehold property).. 0
Council tax............................. 80 Is this spread over 12 months or 10?
Electricity............................. 47 Seems quite high, I pay just £25 month and I am in credit, can you switch? And go via quidco for cash back?
Gas..................................... 38 Same as above but £22 a month!
Oil..................................... 0
Water rates............................. 0 Do you not pay for Water?
Telephone (land line)................... 30 Quite high, but understandable as no mobile
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 11
Groceries etc. ......................... 300 How many are you feeding for this? seems high, check out the old school board for tips on cutting back.
Clothing................................ 20
Petrol/diesel........................... 90
Road tax................................ 15
Car Insurance........................... 15
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 140
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 12
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 18
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 30
Total monthly expenses.................. 1305

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

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
combined ......................3292......0.........0
Total unsecured debts..........3292......0.........-

Monthly Budget Summary
Total monthly income.................... 1,312.8
Expenses (including secured debts)....... 1,305
Available for debt repayments........... 7.8
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 7.8

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -3,292
Net Assets.............................. -3,292

no wonder im not getting anywhere if my expendible income is only £7.80!
any advice gratefully recieved.xx

thank you.........xxxxxxxxxxx

My comments in red, hopefully they will help!

What exams are you going to be doing?

spam.jam

IWantToBeFree wrote: »

My comments in red, hopefully they will help!

What exams are you going to be doing?

Hi IWantToBeFree, thanks for your reply

I miscalculated the council tax, its £18.19 per week
The phone I have just applied for free texts instead of talkalot so should only cost £10 per month from now on
Electricity and gas, I am going to do some readings and sort those out too.
Shopping is my first major overhaul, Im going to write down everything I spend and address the problem next Monday (I have 2 fussy kids and 2 cats, no OH as just split up, money being one cause, so addressed that problem already lol)
Plus after my exam Im going to do some serious Ebaying and use 80% for my debts, we shall see how that goes

My exam is Challenging ideas in Mental Health, the penultimate course for my Batchelors Open degree with the Open Uni, only two weeks away so must get on the case revising after this message. Hopefully I will pass which means I will have the equivalent to a foundation degree which hopefully qualifies me to take up an NVQ Level 3 at work as well, we'll see, only just started my job, but I was verbally assured I would be put on the NVQ

Ive been concentrating on giving up smoking and alcohol which I feel are my biggest acheivements this year. I have a big drinking problem and I have tried to give up smoking about 20 times, this is the first time I have gone this long without even one puff. I am confident I will stay off this time as massive changes in my life (becoming single, working) has given me some confidence etc

Anyways Im rambling.................Good luck everyone xx:T

spam.jam

Switched to British Gas, should save me 245 per year.......

spam.jam

Hello
Had a bit of luck, my bro had a windfall and so paid me back what he owed me today £565. Im doing ok

penguin83

Hey SJ - good news on your brother paying you back. Good Luck for your exam - hope it all goes well for you x x

spam.jam

penguin83 wrote: »

Hey SJ - good news on your brother paying you back. Good Luck for your exam - hope it all goes well for you x x

fab news. and thanks about the exam, now i really must get off this pc and do some revising lol.xx

spam.jam

spam.jam wrote: »

Monthly Income Details
Monthly income after tax................ 459
Partners monthly income after tax....... 0
Benefits................................ 813.8
Other income............................ 40
Total monthly income.................... 1312.8

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 437
Management charge (leasehold property).. 0
Council tax............................. 73
Electricity............................. 47
Gas..................................... 45
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 30
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 00
Groceries etc. ......................... 300
Clothing................................ 20
Petrol/diesel........................... 90
Road tax................................ 15
Car Insurance........................... 23
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 140
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 12
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 30
Total monthly expenses.................. 1305

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 400
Other assets............................ 520
Total Assets............................ 0

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
combined ......................2369.94......0.........0
Total unsecured debts..........2369.94......0.........-

Monthly Budget Summary
Total monthly income.................... 1,312.8


no wonder im not getting anywhere if my expendible income is only £7.80!
any advice gratefully recieved.xx

thank you.........xxxxxxxxxxx

Hello all you lovely experts. sorry for not being on here but i lost my internet connection, plot and will to live for a while. needless to say i have been off the wagon until yesterday and not feeling very chuffed with myself at all. but i have somehow managed to shave a bit off my debts. so im back, and hopefully heading in the right direction again,xx