Puzzledbubbles highway to DFD - a diary of sorts

Puzzledbubbles

Hi All,

As threatened earlier i have posted my SOA below.

Ive been a member of MSE since February, am now seperated from my husband (something im still dealing with) and living in a shared house.

I have added some comments below but any help that you can offer would be greatly appreciated.

Puzzled x

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1048
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 328.14 - this is from ex OH in payment for the loan and part of one cc
Total monthly income.................... 1376.14

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 250
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 13 - this is approximate
Gas..................................... 13 - this is approximate
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 35 - this is normally around the £33 mark - i get unlimited texts and 800 mins for this and use on average 1000 texts a month so definately worth it
TV Licence.............................. 5 this is shared between 3
Satellite/Cable TV...................... 0
Internet Services....................... 7.5 again shared between 3
Groceries etc. ......................... 100
Clothing................................ 10 - approximate normally i buy when i need
Petrol/diesel........................... 50 again approx, last month only £30, this month more like £70
Road tax................................ 20 - put into a savings account
Car Insurance........................... 45 - shopped around and got £50 cash back - only started 1st Nov
Car maintenance (including MOT)......... 20 - put into a savings account
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..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 - again approx
Haircuts................................ 28 - every 6 - 8 weeks
Entertainment........................... 100 - approx (sometimes a lot less
Holiday................................. 0 - as i over budget on car expenses this covers any holidays
Emergency fund.......................... 0
Total monthly expenses.................. 706.5

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 5000
Other assets............................ 0
Total Assets............................ 5000

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................11000.....278.1.....0 - 33 payments left
Credit Card....................2500......72........16.9 - i pay £100 off this per month
Credit Card 2..................4500......84........16.9 - i pay £120 off this per month - excess comes from going out expenses
Overdraft......................500.......0.........13
Car finance....................7000......209.9.....0 -34 payments left
Total unsecured debts..........25500.....644.......-

Monthly Budget Summary
Total monthly income.................... 1,376.14
Expenses (including secured debts)....... 706.5
Available for debt repayments........... 669.64
Monthly UNsecured debt repayments....... 644
Surplus(deficit if negative)............ 25.64

Personal Balance Sheet Summary
Total assets (things you own)........... 5,000
Total Secured debt...................... -0
Total Unsecured debt.................... -25,500
Net Assets.............................. -20,500

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

I have looked into a balance transfer but it is not possible at the moment. I am due a christmas bonus of around £150 but that will be spent on going out over Christmas and on giving me some money for January

Think thats everything, anything you can recomend would be so appreciated.

Thanks

Puzzled x

Puzzledbubbles

Shamelessly bumping my own post in the hope of some advice

sparky0107

Hiya PB,
Your SOA looks like theres not a lot to play around with, so I'm just bumping you back to page 1. Hope you're coping OK

Puzzledbubbles

Thanks Sparky, I didnt think there was much else i can do.

I have been doing quidco etc but what with having to buy furnature and moving out etc the money has been quickly spent - i think i am going to dedicate my sealed pot to my overdraft for next year - that means i need £500 by May so really need to kick my butt into gear - and then hit my large cc with the extra i get - i think ill be cutting it up again as well since i have added an extra £500 to it over the last month