Another Debt Free Diary :)

Tete_en_l'Air

Definitely true, I'm the same, can't just spend a little bit!

ElizabethJH

ugh - the length of January is getting to me... 6 days until pay day.

Had a letter today from Debt agency... and it's not my debt!! so sending later saying I don't acknowledge etc etc... what a pain, there always seems to be something to trip me up!!

£1.21 spent on beetroot, mushrooms and stock cubes today... feeling grumpy as!!

natsplatnat

Hi Elizabeth!!! :D:D

Only 6 days to go!! And look how much you 'haven't' spent!!!:D;):DYou have done incredibly well! :A

At least you know how to deal with a debt agency now!!! :D:D

Hope you have a good day and your mood lifts soon!!!!

Nats x :beer:

Ps, thought I would put in loads of smilies to cheer you up! :rolleyes::D:rolleyes::D

ElizabethJH

ha ha thanks!! Not long to go really - and I'm working Thursday Evening so more money!! Annoying I've left my Barclays Pin Machine at home so can't check my bank balance, because I probably will be getting paid for work that I have done in these last weeks - I want to update my "money earned" section... instead all I can update is money spent!!

Maybe I should try and motivate myself by thinking up some February Challenges?

What should I allow myself to spend?? £120 - that's £30 a week!?

ElizabethJH

Well here's a kick up the !!!... could be being made reduntant... therefore more important to get debt gone quickly...

hypno06

kick up the bum indeed! I always say that these things happen for the right reasons, even if they don't seem like it at the time. You have your head in the right place now, compared with a couple of years ago, and so you can get through whatever is thrown at you now.

I hope that redundancy doesn't happen (unless it comes with a mahoosive payout, in which case I hope it does!), but if it does, I know you will deal with it in a way you would never have been able to deal before.

And as you say, all the more reason to batter that remaining debt down beforehand.

ElizabethJH

Yes I'm kind of torn between a massive pay out to pay off my debts or just keeping my job.... I think either way at least I have my debts under control at the moment, and the fact that the majority is owed to my parents also means that I can prioritise bills etc over without too much worry... not what I'd like to do though!!

So plan of action? Well SOA for a start... Nat gave me the link over a week ago so I really should get onto it now!!

Am working tonight (even though I have a horrid cold!) and now Saturday Night as well... so another £40ish coming my way - still have forgot my online banking pin machine so no balance check for a while... eek!

Lemon_Tree

sorry to hear that you may be made redundant, it's worry that nobody needs really isn't it. I've not been on the boards properly for a while so missed your comment about when you start spending it just escalates, that's my problem as well. did really well for a few months only putting petrol on my card, this month i start spending and the bill is going to be huge, so strangely enough my Feb month is going to be a lot squeakier than Jan was. argh! well i supose at least now have the tools to sort it.

ElizabethJH

It feels like every month is squeaky for one reason or another doesn't it!! But February is a shortish month and I'm sure that we can budget our way through... and is it this month that we get a council tax break?

I don't think there isn't a MSE who hasn't slipped up over spending one month or another - but as much as we want to get out of debt, got to enjoy life as well every now and then... so long as we're still on the debt free road... it's a long road after all!!!!

ElizabethJH

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household.........
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 1281
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1281
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 270
Management charge (leasehold property).. 0
Council tax............................. 68
Electricity............................. 22
Gas..................................... 35
Oil..................................... 0
Water rates............................. 36
Telephone (land line)................... 10
Mobile phone............................ 40
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 12
Groceries etc. ......................... 100
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 60
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 0
Entertainment........................... 120
Holiday................................. 0
Emergency fund.......................... 0
Love Film............................... 4
Total monthly expenses.................. 819

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Overdraft......................1500......15........0
M&D............................974.......330.......0
Vanquis........................200.......15........0
Total unsecured debts..........2674......360.......-

Monthly Budget Summary
Total monthly income.................... 1,281
Expenses (including HP & secured debts). 819
Available for debt repayments........... 462
Monthly UNsecured debt repayments....... 360
Amount left after debt repayments....... 102
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2,674
Net Assets.............................. -2,674
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.