Made a huge step

Posted on the wrong thread due to excess blondness today, please ignore.


I posted my SoA on here a few months ago worried about my situation, because I wasn't really getting anywhere.

I've bitten the bullet and moved out of my flat, I'm now living in shared rental accommodation for loads less a month. My SoA now looks like this:

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1542.98
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1542.98

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 479.29
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 15
TV Licence.............................. 11.29
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 30
Petrol/diesel........................... 50
Road tax................................ 0
Car Insurance........................... 46.88
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 5
Entertainment........................... 25
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 902.46

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 2500
Other assets............................ 0
Total Assets............................ 2500

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
Family.........................5676.25...100.......0
Abbey OD.......................564.1.....100.......16
HSBC...........................794.42....50........16
Total unsecured debts..........7034.77...250.......-

Monthly Budget Summary
Total monthly income.................... 1,542.98
Expenses (including secured debts)....... 902.46
Available for debt repayments........... 640.52
Monthly UNsecured debt repayments....... 250
Surplus(deficit if negative)............ 390.52

Personal Balance Sheet Summary
Total assets (things you own)........... 2,500
Total Secured debt...................... -0
Total Unsecured debt.................... -7,034.77
Net Assets.............................. -4,534.77


and in theory i could be debt free in 11 months.

All I need to do now is work out if there's a life after divorce and how I want to live it! and reduce my groceries bill.

Twirly x
saving up another deposit as we've lost all our equity.
We're 29% of the way there...

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