Please Help

boredofbeingathome

bubbles1323 wrote: »

Hi Thanks for your replys (several tears later :() just done the makesenseofcards thing pasted below hopefully it will work.. The debt is an old Barclays overdraft account

Thank you so much, I have no idea what to do!

xx

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1078
Partners monthly income after tax....... 1300
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2378

Monthly Expense Details
Mortgage................................ 575
Secured loan repayments................. 236
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 98CAN THIS BE PUT OVER 12 MONTHS?
Electricity............................. 44cHECK U SWITCH FOR CHEAPER SUPPLIERS AND THEN GO THROUGH QUIDCO FOR CASHBACK
Gas..................................... 44DITTO
Oil..................................... 0
Water rates............................. 39
Telephone (land line)................... 15
Mobile phone............................ 60CAN YOU CUT THIS DOWN? lOTS OF GOOD CONTRACTS OUT THERE IF NECESSARY FOR WORK WITH CASHBACK DEALS OR JUST GET RID
TV Licence.............................. 11
Satellite/Cable TV...................... 45THIS CAN BE CUT TO BASIC OR FREEVIEW YOU STILL GET LOTS OF CHANNELS
Internet Services....................... 0
Groceries etc. ......................... 300NIP OVER TO OLDSTYLE AND TRY CHALLENGES, PERHAPS GO TO VALUE THINGS SEE HOW YOU LIKE THEM. v INSPIRATIONAL THREADS FOR TIGHT BUDGETS
Clothing................................ 50CUT BACK
Petrol/diesel........................... 80
Road tax................................ 20
Car Insurance........................... 98
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 7.1
Pet insurance/vet bills................. 24CHECK FOR CHEAPER CASHBACK DEALS THROUGH QUIDCO, THEY MAY EVN END UP PAYING YOU
Buildings insurance..................... 28QUIDCO
Contents insurance...................... 0
Life assurance ......................... 28
Other insurance......................... 98USWITCH THEN QUIDCO
Presents (birthday, christmas etc)...... 30
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 50CUT FOR NOW AND THEN IF YOU FIND FURTHER FUNDS YOU CAN REINSTATE IT
Emergency fund.......................... 0
Total monthly expenses.................. 2000.1

Assets
Cash.................................... 0
House value (Gross)..................... 85000
Shares and bonds........................ 0
Car(s).................................. 6500
Other assets............................ 1000
Total Assets............................ 92500

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 77000....(575)......5.1
Secured Debt.................. 7000.....(236)......0
Total secured debts........... 84000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Barclay card...................1200......30........0
Monument.......................1200......30........0
Additions......................500.......30........0
Regal Credit...................600.......50........0
Captial One....................1000......50........0
Egg............................500.......50........0
Virgin.........................3000......150.......0
Total unsecured debts..........8000......390.......-

Monthly Budget Summary
Total monthly income.................... 2,378
Expenses (including secured debts)....... 2,000.1
Available for debt repayments........... 377.9
Monthly UNsecured debt repayments....... 390
Surplus(deficit if negative)............ -12.1

Personal Balance Sheet Summary
Total assets (things you own)........... 92,500
Total Secured debt...................... -84,000
Total Unsecured debt.................... -8,000
Net Assets.............................. 500

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

e.g. the number of adults & children in the household, the number

of cars included in the SOA or anything else that may be useful.

Hi just a few thoughts which may help. Have a look at Martins give yourself a 25% payrise thread..lots of tips and will take a good day to go through but believe me you will save shedloads of money. Then you will be able to start getting rid of everything. I know you can do it,:T

bubbles1323

Thanks, Sorry being thick what is Quidco??? going on U Switch now to check

Thank you for this, you have all be a great help, I hope I can do it I have not been this up set for ages :)

xx

Deep_In_Debt

Do you have a Lidl, Netto or Aldi near you? I;ve saved loads since shopping in Lidl. You can certainly reduce your groceries - do batch cooking and freeze, take sandwiches to work etc.

I have loads of charity shops near me and I enjoy rummaging around in them. Bought some designer stuff for virtually nothing!

You've also allowed nothing for contents insurance?

boredofbeingathome

bubbles1323 wrote: »

Thanks, Sorry being thick what is Quidco??? going on U Switch now to check

Thank you for this, you have all be a great help, I hope I can do it I have not been this up set for ages :)

xx

This is quidco

http://www.quidco.com/ It is free to set up, but they charge you a yearly fee of £5(which they take out of comission) it is worth it though even if you have to wait a bit for your money..it will open your eyes.:rotfl:

If you get a quote, save the number then go in through the link on quidco. You can even access some of the comparison sites through quidco and gain some money ..not a lot, but it is there. Just browse and take your time over it.

Deep_In_Debt

bubbles1323 wrote: »

Thanks, Sorry being thick what is Quidco??? going on U Switch now to check

Thank you for this, you have all be a great help, I hope I can do it I have not been this up set for ages :)

xx

You've taken the hardest step by posting on here and "revealing all!". It's hard but most of us have done it on here (me included!)

Please keep posting on here, there are people to help and support you all of the way so you won't feel alone.

bubbles1323

Thank you all for your help, I feel so much better, I am currently on U Switch and just signed up to Quidco :) going to treat myself now to a money make over i am actually excited thank you soooooooo much & I will keep posting now going to get everything together n see what i can do

Thank you again soooo much xxxxxxxxxxxx:j :j :j