Amy and Jon bite the bullet to get debt free.....

hypno06

Def set yourself challenges, whether ones you have joined in on here or ones you have simply set yourself eg pay an extra £200 each month or something. I find that it is this which keeps my motivation going, rather than just the everyday drudgery of working to pay debts (not that my work is drudge, far from it, but you know what I mean!)

amyandjon

GRRRR ive just had an email from egg credit card they are upping the intrest rate the bleeeders !! HOW RUDEEEE to 21.9 % the robbing little grrr! thats teh first card thats get some serious debt busting kicked out of it !! cheeky thing.... im upset to say ive reduced my sunshine exposure to 1 week !! i thought it would save on me buying clothes and well put more on my debt but i need a holiday then il start properly ive compromised .... why are companys upping the intrest the cheeeky things !!! ive got a tub at the side of the bed that we put saved pennies in and then we cash them in so often..... i feel fed up now :O

GeorgeUK

Have you posted a SOA anywhere yet? Just wondered if there are any other savings you could make. Also have you looked at 0% cards and tarting, or is your credit history not quite up to that?

amyandjon

My credit history isnt up to getting a 0% balance transfer i have tried..... im just grinning and bearing it il put my soa up for you ....
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Statement of Affairs and Personal Balance Sheet



Monthly Income Details

Monthly income after tax................ 1300

Partners monthly income after tax....... 1450

Benefits................................ 0

Other income............................ 200

Total monthly income.................... 2950



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)................... 27 this is now 0 wooo

Mobile phone............................ 80

TV Licence.............................. 11.7

Satellite/Cable TV...................... 22 this is now 33 quids includingphone and bb woo hoo

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..................... 13

Contents insurance...................... 13.57

Life assurance ......................... 0

Other insurance......................... 0

Presents (birthday, christmas etc)...... 0

Haircuts................................ 0

Entertainment........................... 6

Holiday................................. 0

Emergency fund.......................... 0

Total monthly expenses.................. 1414.62



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.................. 24000....(218.28)...9.4

Total secured debts........... 113000....-.........-



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

Halifax Loan Jon...............5296.62...132.7.....10.9

A&L lOAN expires 2012..........12279.....245.5.....14.3

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...........................150.......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........14.9


i am paying 80 quid pm on a mobile because i have a 6 month payment plan i made a huge bill whilst abroad !! eeeek that will then go back to 35 pound pm Amy

amyandjon

Bump bump... any other advice would be greatful im shopping at aldi and lidl hehe im going to try for a 0% balance transfer and oh going to try for a life of balance transfer hope we can get one x

amyandjon

Dohhhh ive just realised i dont have my credit cards anymore my mums supervising them lol !! so i cant apply for anything which could be a good thing i need to work through it..... ahhh hells bells!! a little intrest here and there grrrrrrrrrrrrrrrr

sophie27

OH got me shopping in aldi, love it now! I mix it up with sainsburys and must save 15-20 a week. Anything up for renewal soon you could do via quidco?

There's nothing in for xmas, haircuts etc. What do you do when these come up?

amyandjon

Well i am growing my hair for my wedding next year and this years christmas we are telling people we will not be buying anything therefore we do not expect anything they can expect lush xmas prezzies when we are nearly debt free .... xmas oanics me because some people spend loads and you feel like you have to match it this year im buying for 3 neices thats it ! xmas is about closeness.... we dont buy for birthdays unless they are special numbers and my family understand about us getting debt free ...... yes aldi fruit and veg is great..... we spend 35 quid a weeek :P dropped from 90 quid a week so thats a massive saving ... we have just got confirmation through for our premium current account with 100 quid cash back.... we renewed our gas and elec a few weeks ago and then got our home insurance via quidico so we have made some good cash :P yay

sophie27

You seem to be doing v well! I agree about the fruit & veg, really good quality too. I'm loving Poundland too at the moment, get lots of wrapping stuff for ebay cheap.

amyandjon

Okay i amjust tottering to bed... had dinner at a friends so thats saved on the food bill .... managing to feel positive Oh ringing virgin up to get the intrest late lowered which they said they would once he got it below overdrawn amount and with them returning his late fee charges we are see the number 4 at the begining so thats nice hehe Night night all I am working a long day tomorrow woo hoo for me :P x