Yet another diary

xsarahahax

Congrats on your wedding in June!

You sound like your doing really well, keep it up and you will be debt free in no time!

My friend is also at uni and has just started working in boots part time! x

Damita

Really? How werid..

I'm hoping to keep my Boots job but we will have to wait and see if there are any jobs going...

I am hoping so, it is just hard being so tight on money, I know it's not forever but still...I'll get full-time work in the summer and more work in April during the month off but other than that I will have to live on savings..

Damita

NEW SOA... still trying to figure out if I can find a cheaper payment shield anywhere else, we had to take it out when we took out the mortgage.

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1076.05
Partners monthly income after tax....... 300
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1376.05

Monthly Expense Details
Mortgage................................ 459.8
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 49.28
Electricity............................. 48
Gas..................................... 0
Oil..................................... 0
Water rates............................. 11.6
Telephone (land line)................... 5
Mobile phone............................ 25
TV Licence.............................. 11.95
Satellite/Cable TV...................... 19.5
Internet Services....................... 10
Groceries etc. ......................... 130
Clothing................................ 0
Petrol/diesel........................... 20
Road tax................................ 0
Car Insurance........................... 24.44
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 176.70
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 9.99
Contents insurance...................... 0
Life assurance ......................... 10.02
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 30
Payment Shield.......................... 31.28
Total monthly expenses.................. 1072.56


Assets
Cash.................................... 2000
House value (Gross)..................... 118500
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 121500


Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(459.8)....0
Total secured debts........... 0.........-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................5487.3....145.......11.9
CD DECK........................0.........33.71.....0
Total unsecured debts..........5487.3....178.71....-


Monthly Budget Summary
Total monthly income.................... 1,376.05
Expenses (including secured debts)...... 1,072.56
Available for debt repayments........... 310.19
Monthly UNsecured debt repayments....... 178.71
Amount left after debt repayments....... 124.78

Personal Balance Sheet Summary
Total assets (things you own)........... 121,500
Total Secured debt...................... -0
Total Unsecured debt.................... -5,487.3
Net Assets.............................. 116,012.7

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

We have decided to sell the car as we don't need it hopefully this will save us some money