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Well so far i think ive done good, im shoppin at a cheaper supermarket, eating more at my mums
yay... and i havent used my car in weeks... my partner gets free fuel i use my car when i really really need to... ive started a book of getting debt free so i write things down, we havent eaten out in ages and sometimes we just do orange wednesdays for a treat so its 2 4 1 
i mean ive requested weekends and nights for extra money so i can just get it on the debts.... we are aiming to save 2000 before xmas for the wedding its upsetting when you cant see the light in sight and well sometimes your trying to keep up with the jones's ive stopped having facials i arent having my hair cut because im growing it for the wedding.... im trying to be as minimal as possible .... grrrrrrrrrrrrrr i need to win the lottery off the top of my head i think we have 70 k of debt thats because we got it looks shocking ..... we have 6 credit cards because we kept getting 0% deals then spending we were stoopid..... aww gosh ...... hopefully my oh is getting a step up thats an extra 200 a month then im hoepfully getting a cash in hand job an extra 160 pm and 300 off nan thats an extra 660 pm on debt ontop of min payments but it upsets me to part with it lol ! got to be done i want to be debt free asap The loans will pay themselves the credit cards need a kicking :money: DFW Long haulers supporter 132!!:T0 -
welcome to the board, you have taken to the first steps in becoming debt free.
I would too recommend you post an SOA and a list of your debts including APR's, we can then take a look and make suggestions.
My advice to you is simple, do not take on too much work, its not a race to become debt free, your health and well being is far far more important, you need to last the course and not burn out shortly after starting it if all you are doing is working.
Merlot.x."Wisdom doesn't automatically come with old age. Nothing does, except wrinkles. It's true, some wines improve with age. But only if the grapes were good in the first place." — Abigail Van Buren0 -
Sounds like you have made a good start and are doing the right things.Making my money go further with MSE :j
How much can I save in 2012 challenge
75/1200 :eek:0 -
Hi Amyandjon and welcome to DFW.Im a staff nurse and have debt too so we both have something in common allready.
Look forward to seeing your SOA, good idea about asking for more unsociable hours.I work nights at the weekend, not ideal but I earn about £300 extra a month doing this.I tell myself it wont be forever, Ive had to let nice jobs go because to work more sociable hours I would take a pay cut even if I go up a band due to the loss of my unsociable hours payments.
Could you join the nursing bank too for extra hours over the winter, when you only sit at home anyway.0 -
Hi supersavershal ive done the SOA ilput it on here but i dont know if ive done it right :S here goes
[tt]
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1300
Partners monthly income after tax....... 1300
Benefits................................ 0
Other income............................ 200
Total monthly income.................... 2800
Monthly Expense Details
Mortgage................................ 542.58
Secured loan repayments................. 218.28
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 75
Electricity............................. 47
Gas..................................... 31
Oil..................................... 0
Water rates............................. 33
Telephone (land line)................... 40
Mobile phone............................ 140
TV Licence.............................. 11.7
Satellite/Cable TV...................... 22
Internet Services....................... 0
Groceries etc. ......................... 140
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 15
Car Insurance........................... 44.49
Car maintenance (including MOT)......... 35
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..................... 30
Contents insurance...................... 25
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1520.05
Assets
Cash.................................... 0
House value (Gross)..................... 109000
Shares and bonds........................ 0
Car(s).................................. 300
Other assets............................ 0
Total Assets............................ 109300
Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 89000....(542.58)...5.99
Secured Debt.................. 26000....(218.28)...9.4
Total secured debts........... 115000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Halifax cc.....................5228.83...120.......23.95
Virgin cc......................5030.29...150.......30.34
Mint cc........................2567.75...80........14.9
slimming world pm..............0.........36........0
Halifax Loan Jon...............5296.62...132.7.....10.9
A&L lOAN.......................0.........0.........0
Halifax Loan Amy...............8163.18...151.1.....11.8
Egg Loan.......................4134.65...160.2.....9.51
Tesco Loan.....................3514.77...167.4.....6.5
Karen..........................170.......0.........0
Rich...........................300.......0.........0
Vince..........................500.......0.........0
Brother........................340.......40........0
Mum and Dad....................320.......20........0
Amys Egg CC....................1008......25........16.9
Amys Virgin cc.................1643.72...37.16.....14.88
Amys Halifax CC................1683.96...34........0
Barcaly CC.....................1209.92...27........14.9we are missing the a and l loan because we couldnt work out the percent till oh brings the paperworkhome hope you can help i cant quite make sense of it :S eeek xx The loans will pay themselves the credit cards need a kicking :money: DFW Long haulers supporter 132!!:T0 -
Hello and welcome both. Here are my thoughts.
Mobile looks high, check you are on the best deal and switch via a cashback website.
Meal plan, and batch cook where you can.
Car ins (and house) when they are due check on comaprison websites then buy via a cashback website.
www.petrolprices.com should tell you where fuel is cheapest to you.
And don't forget to sign up with Pigsback for your daily clicks.
Finally use the snowballerto check which card to clear 1st or try to switch to ones with lower APRs.
Good luckFind out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)0 -
Hi supersavershal ive done the SOA ilput it on here but i dont know if ive done it right :S here goes
[tt]
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1300
Partners monthly income after tax....... 1300
Benefits................................ 0
Other income............................ 200
Total monthly income.................... 2800
Monthly Expense Details
Mortgage................................ 542.58
Secured loan repayments................. 218.28
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 75
Electricity............................. 47
Gas..................................... 31
Oil..................................... 0
Water rates............................. 33
Telephone (land line)................... 40
Mobile phone............................ 140 - ouch. This is far far too high, get rid off today or at least reduce
TV Licence.............................. 11.7
Satellite/Cable TV...................... 22 - you cannot afford this
Internet Services....................... 0
Groceries etc. ......................... 140
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 15
Car Insurance........................... 44.49
Car maintenance (including MOT)......... 35
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..................... 30 - this is too high
Contents insurance...................... 25 - again this is too high, I pay £18.00 per month for both, on a house value of £200,000
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 0
Entertainment........................... 0 - You must allocate something.
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1520.05
Assets
Cash.................................... 0
House value (Gross)..................... 109000
Shares and bonds........................ 0
Car(s).................................. 300
Other assets............................ 0
Total Assets............................ 109300
Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 89000....(542.58)...5.99
Secured Debt.................. 26000....(218.28)...9.4
Total secured debts........... 115000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Halifax cc.....................5228.83...120.......23.95
Virgin cc......................5030.29...150.......30.34
Mint cc........................2567.75...80........14.9
slimming world pm..............0.........36........0
Halifax Loan Jon...............5296.62...132.7.....10.9
A&L lOAN.......................0.........0.........0
Halifax Loan Amy...............8163.18...151.1.....11.8
Egg Loan.......................4134.65...160.2.....9.51
Tesco Loan.....................3514.77...167.4.....6.5
Karen..........................170.......0.........0
Rich...........................300.......0.........0
Vince..........................500.......0.........0
Brother........................340.......40........0
Mum and Dad....................320.......20........0
Amys Egg CC....................1008......25........16.9
Amys Virgin cc.................1643.72...37.16.....14.88
Amys Halifax CC................1683.96...34........0
Barcaly CC.....................1209.92...27........14.9we are missing the a and l loan because we couldnt work out the percent till oh brings the paperworkhome hope you can help i cant quite make sense of it :S eeek xx
I am on the laptop so I canot add this SOA up, but you need some proffessional help from one of the debt charities, eg.cccs national debt line etc, you are in negative equity with the house, so cannot sell to reduce your debt.
I have added some comments in above, but will take another look in a wee while after I've made the dinner.
Merlot.x."Wisdom doesn't automatically come with old age. Nothing does, except wrinkles. It's true, some wines improve with age. But only if the grapes were good in the first place." — Abigail Van Buren0 -
Hi and welcome
Your mobile phone bill is high at £140 - can you not change to a cheaper tariff or change to PAYG?
Go over to moneysaving oldstyle board (on this forum) for tips on meal planning so that you can make your own food rather than buying readymade stuff. If you can take sandwiches to work rather than eating in the hospital canteen.
Do you have anything to sell e.g. clothes that you don't wear etc, if so do a carboot or stick them on ebay. Join the make £10 a day challenge which is due to start again tomorrow - there are lots of tips on the July challenge on how to up your income with free money from surveys etc.
As for haircuts - well, that one is easy take yourself along to a salon that is looking for models for trainees to practice on and you will be surprised at what you get. Take me for instance, I used to spend £62 having my hair cut and coloured, I couldnt afford it so went to a different salon on a training day and had my hair cut and coloured for £15:j
Keep a spending diary to make note of everything that you spend. Don't buy stuff on credit cards either and try to increase your payments on them - don't even spend on the 0% ones either.
HTH0 -
with another loan to come as well, your outgoings do seem to be way over your incomings.
when you get the a+l paperwork together, you will need to re-do your soa and take out all the non -essentials - to see if you can meet everything on your current incomes.
neither of you can afford a mobile phone at the moment - so payg if you must for emergencies only. your landline is also high. take a look at the telephones board on here. there are a few options, but if you are with bt for your line rental, you could sign up to primus (for free) and get free evening and weekend landline calls - another £30 saved. join 18185 too.
again, sky/cable has to go too. also, when are all your insurances due? you can get cheaper deals plus cashback from quidco or another site.
stop all unnecessary spending now (ie. most of it). you need to see whether you can meet your payments or whether you need help from cccs or the like (as another poster has said).0 -
hi hi, my mobile bill is that high because i have a payment plan of 80 ppm for 6 months due to an unexpected high bill following over use abroad so i sold my phone made 150 and now have payg which i dont use only for emergencies, we are in the process of switching home insurance who do you use merlot ?? ok il cancel sky and get the free package ive sold about we meet all the payments
dont worry i have a few tricks up my sleeves, in 2 years 2 of the loans are gone, however i was curious is it better to payer the highest debt first on cc or pay the smaller soyou feel like your getting somewhere as you close the accounts ??/ am i making sense ?? im nervous that you tell me we are in a negative balance :S :S The loans will pay themselves the credit cards need a kicking :money: DFW Long haulers supporter 132!!:T0
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