Not Quite Rock bottom

mummytofour

Hi Hunni.
I would suggest a call to the CCCS they have been very helpful to us.

ZTD

Mupeteer wrote: »

I've just sent an email to my uni asking for an appointment this week with the student finance advisor so hopefully I'll get a response from there soon.

I'm now off to read up on reclaiming bank charges under the hardship rules.

Many universitys have hardship funds for their students. Sometimes there is help available from the local student union. It won't hurt to seek advice from both of them.

Mupeteer wrote: »

In some ways this may have been the best thing to happen to me as it's made me face up to what a total state I'm in and I'm already feeling a bit better about it because I'm taking steps to improve it.

:grouphug:

Mupeteer

I think this may be the start of some sleepless nights:o

ZTD

Mupeteer wrote: »

I think this may be the start of some sleepless nights:o

:grouphug:

Be positive. Don't mope. Spend your nights unable to sleep progressing yourself - do spreadsheets and make plans, but don't be afraid to go to bed the instant you feel tired. No "I'll just get this finished..."

A big complicated spreadsheet is very sophorific...

Buffythedebtslayer

Hello hon,

If you have been CRB checked (which I presume you have?! - can't remember my training now!)

you could tutor(Kip mcgrath and maybe just an add in a newsagents wondow?) , and I think you could join a baby sitting service? esp good RIGHT now, with holidays, I will find the link - I don't do it cos they need you to drive but you could?

I am not sure about the supply teaching? possibly? bloody good money too.

website
http://www.sitters.co.uk/

I think that is the one?

sorry things are so hard, can't believe the banks.

(((((((((((hugs)))))))))))))))))
xx

Mupeteer

Ok, here is the SOA in all its glory, car and presents etc all included. It's really bad. HELP!

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 467
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 370
Total monthly income.................... 837

Monthly Expense Details
Mortgage................................ 123
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 18
Gas..................................... 30
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 15
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 15
Groceries etc. ......................... 80
Clothing................................ 5
Petrol/diesel........................... 120
Road tax................................ 12
Car Insurance........................... 20
Car maintenance (including MOT)......... 10
Car parking............................. 40
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 12
Buildings insurance..................... 15
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 3
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 550

Assets
Cash.................................... 0
House value (Gross)..................... 45000
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 47000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 28000....(123)......5.5
Total secured debts........... 28000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds TSB CC..................12618.....210.......19.9
Cahoot Flexiloan...............5975......150.......17.9
Barclaycard....................4600......103.......5.9
Lloyds TSB overdraft...........1408......0.........0
Cahoot overdraft...............1995......0.........9.8
Egg Card.......................2540......63........19.9
Total unsecured debts..........29136.....526.......-

Monthly Budget Summary
Total monthly income.................... 837
Expenses (including secured debts)...... 550
Available for debt repayments........... 287
Monthly UNsecured debt repayments....... 526
Surplus(deficit if negative)............ -239

Personal Balance Sheet Summary
Total assets (things you own)........... 47,000
Total Secured debt...................... -28,000
Total Unsecured debt.................... -29,136
Net Assets.............................. -10,136

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.[/font]

mummy2mygirls

Mupeteer wrote: »

Ok, here is the SOA in all its glory, car and presents etc all included. It's really bad. HELP!

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 467
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 370
Total monthly income.................... 837

Monthly Expense Details
Mortgage................................ 123
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 18
Gas..................................... 30
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 15
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 15
Groceries etc. ......................... 80 could get this down for one person
Clothing................................ 5 going to have to put all spending like this on hold till you earn more money
Petrol/diesel........................... 120 this is high???anyway to get it down??
Road tax................................ 12
Car Insurance........................... 20
Car maintenance (including MOT)......... 10
Car parking............................. 40 same as the petrol???is there a cheaper place to park but might mean walking a little bit??
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 12
Buildings insurance..................... 15
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20 got to go till you earn more
Haircuts................................ 3
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 550

Assets
Cash.................................... 0
House value (Gross)..................... 45000
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 47000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 28000....(123)......5.5
Total secured debts........... 28000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds TSB CC..................12618.....210.......19.9
Cahoot Flexiloan...............5975......150.......17.9
Barclaycard....................4600......103.......5.9
Lloyds TSB overdraft...........1408......0.........0
Cahoot overdraft...............1995......0.........9.8
Egg Card.......................2540......63........19.9
Total unsecured debts..........29136.....526.......-

Monthly Budget Summary
Total monthly income.................... 837
Expenses (including secured debts)...... 550
Available for debt repayments........... 287
Monthly UNsecured debt repayments....... 526
Surplus(deficit if negative)............ -239

Personal Balance Sheet Summary
Total assets (things you own)........... 47,000
Total Secured debt...................... -28,000
Total Unsecured debt.................... -29,136
Net Assets.............................. -10,136

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.[/font]

not much to cut back on but might be able to save a little...... i think the main thing is you are going to have to get more money coming in. try the up your income lots of ways to make a little more! try mystery shopping, doing surveys etc in your own time. I would def look for a part time bar job or something while your still studing, then in the holidays you can do lots of over time......

good luck

beanielou

Have you opened a new bank account yet.
This needs to to be your top priority hun.
Sorry things are so tough at the mo.
Is your house valuation up to date?
Take care hun.

beanielou

At the end of the day I think you are just going to be able to offer your creditors token payments meantime.

lilly81

Hiya,
Do u really need the car????
This is your biggest expense

Good Luck
Lilly X