any help really appreciated

otb666

i do make sandwiches but they spend the money on top of that-i am not a very good cook and they seem to need a lot of food- this week we are having a roast then stew then curry then hot dogs then chips and drmmers then beans on toast-then fry up

Numpty_Monkey

otb666 wrote: »

<===== Copy and paste EVERYTHING below this line into your MSE post =====>


Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1553
Partners monthly income after tax....... 914
Benefits................................ 40.62
Other income............................ 125.4
Total monthly income.................... 2633.02

Monthly Expense Details
Mortgage................................ 1171.4
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 131 can you get this over 12 months?
Electricity............................. 50 Is everything turned off, not left on standby, check out the comparrision sites(via cashback)same with gas
Gas..................................... 26 above
Oil..................................... 0
Water rates............................. 45.29 have you thought about a water meter? not sure if you can still get one installed and try it for 12 months free
Telephone (land line)................... 45 A bundle option is less than this for Phone/internet/satalite
Mobile phone............................ 0 ??
TV Licence.............................. 11.61
Satellite/Cable TV...................... 47 go for a bundle package
Internet Services....................... 40 as above
Groceries etc. ......................... 571 Get over to the Old style board,they will help you get this down to less than half this
Clothing................................ 10
Petrol/diesel........................... 86
Road tax................................ 10
Car Insurance........................... 10
Car maintenance (including MOT)......... 30
Car parking............................. 75
Other travel............................ 50
Childcare/nursery....................... 80
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 5
Contents insurance...................... 5
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 0
Entertainment........................... 80
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 2599.3

Assets
Cash.................................... 0
House value (Gross)..................... 170000
Shares and bonds........................ 4000
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 175000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 170000...(1171.4)...5.79
Total secured debts........... 170000....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
sains life of ba...............5454......120.......6.57
hsbc...........................1500......34........0
bank loan......................4413......130.......5
Total unsecured debts..........11367.....284.......-

Monthly Budget Summary
Total monthly income.................... 2,633.02
Expenses (including secured debts)....... 2,599.3
Available for debt repayments........... 33.72
Monthly UNsecured debt repayments....... 284
Surplus(deficit if negative)............ -250.28

Personal Balance Sheet Summary
Total assets (things you own)........... 175,000
Total Secured debt...................... -170,000
Total Unsecured debt.................... -11,367
Net Assets.............................. -6,367

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.

I've left a few comments, :A
the groceries and phone/internet/satalite are where you can make some really big savings
MoneySaving Old Style , a great place for ideas on cutting the food bill down:A

I pay £16 a month for landline and broadband
Not sure if Sky and Virgin are still doing the 3 for £30, if not what about cutting the satalite package down or phoning them and say you want to and see what they offer

HTH:A

JAMIEDODGER

hugs to you x

i know its hard, when you first have your lightbulb moment, but you will get there. tell them both there just simply ISNT enough money for them to take extra on top of a pack lunch.

as for not being a very good cook.....perfect time to gett better:D, get over to OS board and you will find thousands of recipes (easy ones) to copy and adapt for your family.

my kids love cakes/ hobnobs/ muffins etc, i tend to make these myself from recipes ive found in here and put them in their lunchboxes.

your family will be super impressed with homemade goodies!

you sound very down:( xx

otb666

we are changing the phone/broadband package we have-we dont live in an area where sky can combine this with the satelite-so have stayed wth bt and sky-the reason we dont spread poll over 12 mnths is that 2 two free months are handy as co inside with sons birthdays-i work for a ultilty and on a staff discounted scheme-hense nothing is ever left on standby in our house lol-as i spend all day telling people not to do this

otb666

as we are four in a small semi i think it would be more expensive on a meter also insurance would then be needed for any leaks up to middle of road

otb666

i am a bit down at moment-i am trying to see light at end of tunnel

otb666

i tried to make bread yesterday-which was a total disaster

JAMIEDODGER

there is a light at the end of the tunnel honey, just might take a little time to reach it thats all.

word of advice on the cooking front, start small...work your way up.

why dont you make a list of everything you like to eat during the course of a week, this should include things that you buy convienence as well as things you make from scratch. then you can see what you can make and what you could learn to make and just pick one dish to learn, browse on here and over the web and pick up some recipes, start by learning to cook that one dish, really well. dont give up on the first attempt:)

ps on the bread front, i dont make mine anymore, i (gasp) buy it:D

otb666

thanks for all your lovely replies- i will work on the two big spenders in our household-i am currently reducing hubbys monies by 10pm -hopefuly get it down to 20pm and really need to make savings on tobacco and food-its going to be a lean christmas this year thats for sure

JAMIEDODGER

dont forget to keep us updated on how you are getting on, alot of people use their thread as a kind of online debt diary. over time it shows just how far you have come:)