Flying gleefully into 2009 - One Fresians adventures in debt-busting

jo1972

Hiya :wave:

Just found your diary and find it so inspiring and thank you, thank you, thank you for introducing me to Music Magpie, I'm sat here at work and have half a dozen CD's in my desk that have been there a year from someone who 'thought' I might like (their old tat), but don't and they are worth 7 quid!!!!

I shall be subscribing to your thread for tips!

How do we use the smilies we've blagged from you? Desperate for a cute 'wave' rather than the boring :wave: one...?

Good luck in your mission!!

Jo.x

mooomin

Hi all,

Thanks for the words of support, it's really kind of you all to comment and I really appreciate it.

Jo - I use this website http://www.hystersisters.com/vb2/misc.php?do=getsmilies&wysiwyg=0&forumid=4# and just copy and paste the smileys over from there. Thanks for joining my thread and I look forward to seeing more of you!

Now, time to end t'other halfs Sunday lie-in and remind him he said he would help me buy heavy things from Asda today - he's not going to be happy

jo1972

moo2moo wrote: »

FF no matter how bad your week gets just remember that some of us at some point in our week have the fantabulous job of scraping yellow crusty crystals of urine from the urinals in the smelliest boys toilets in the universe. A task second only to walking through the door to be confronted with someone who says "Ooh I'm glad you're here theres diahorhea / vomit or on some days both that needs cleaning up." Obviously one of the perks of my job is I'm never the person whos shoes get puked on! I also get to unblock toilets and remove drain traps on sink to scour out the slimey gone off milk that lurks within. On the plus side the staff room in permanently full of chocolates and cream cakes.

This made me giggle, cos I work in the office of a school and am currently sat at my desk as it's 11+ weekend and we are a hosting school.

Yesterday's bunch thought it would be a great laugh to urinate all over the walls and put the plug in the sinks and fill them with urine too....didn't know what the smell was that covered THE WHOLE school till after the kids had gone and the caretaker went in there (thanks for the smiley tip FF love it!!!)

Raychee

FF - what a fantastic diary! :T You really are inspirational, and put my half-hearted attempts to shame.

Quidco looks fantastic, but everytime I log in, I get scared that I'm going to sign myself up to something and forget to cancel it (the audible thingy REALLY appeals to me - but I have to PHONE to cancel it??? Grrr - out of my comfort level! lol)

Sorry you're having a bad day. Let's hope your list of good things helps to cheer you up.

mooomin

Raychee wrote: »

FF - what a fantastic diary! :T You really are inspirational, and put my half-hearted attempts to shame.

Quidco looks fantastic, but everytime I log in, I get scared that I'm going to sign myself up to something and forget to cancel it (the audible thingy REALLY appeals to me - but I have to PHONE to cancel it??? Grrr - out of my comfort level! lol)

Sorry you're having a bad day. Let's hope your list of good things helps to cheer you up.

I think for Audible you can cancel online - I am going to remain a member, but there is definitely a box that I can click in My Account that lets me cancel the whole thing. I did forget to cancel my Experian thing though, which annoyed me!

jo1972

Hiya FF, just caught up with your last diary, feel humbled as I don't do anything to help my situation, maybe I'll get my backside in gear!!!

mooomin

Time for a new and updated SOA!!

Statement of Affairs and Personal Balance Sheet

Household Information

Number of adults in household........... 2

Monthly Income Details

Monthly income after tax................ 1080
Other income.......................................... 355

Total monthly income....................... 1435


Monthly Expense Details

Mortgage................................ 320 Will be a lot less than this as I am on base rate for mortgage, but have lost the letter that tells me how much it is
Council tax............................. 120 Is a no council tax month :j but I might use this money to buy an iPod...
Electricity................................ 87.50
Telephone (land line)............56 Phone, XL telly package and 20MB broadband
Mobile phone............................35 Will be cut in half next month due to contract change
TV Licence.................................11.61
Groceries etc. ......................200 Aiming to be lower than this, but with a hungry man and two hungry cats it will be a challenge!
Clothing......................................10 Aiming to not spend this as I'm doing the £100 Clothes Challenge and also my mum is coming to visit so I should get some clothes from her!
Other travel.............................42 Bus pass.
Pet insurance/vet bills....... 16.62
Home insurance..................... 16.47
Life assurance...................... 36.71
Presents .................................. 10
Entertainment........................ 40 Up £10 on last month as I overspent, it was Christmas though
Holiday.................................... 20
Emergency fund................... 10
Payment to mum...................... 5 Paying off old debt to her slowly!

Total monthly expenses.................. 1036.91


Assets

House value (Gross)..................... 110000

Total Assets............................ 110000

Secured & HP Debts

Mortgage...................... 49765....(320)......

Total secured & HP debts...... 49765....

I've not put an APR for the mortgage as I am on a base rate tracker, and it has changed each time the base rate has gone down! I'm continuing to budget the higher amount for my mortgage each month and throwing the difference between my budget and the actual payment to my debt. This month it might go towards my iPod though...

Unsecured Debts

Description....................Debt......Monthly...APR
Loan...........................6923.14...129.......6.9
Barclaycard....................915.......25........0
Overdraft......................520.......0.........6.9

I'm still £720 overdrawn, but have over £200 in an account for this, so have taken £200 off the total!

Total unsecured debts..........£8358.14. :eek:

Monthly Budget Summary

Total monthly income.................... 1,435
Expenses (including HP & secured debts). 1,036.91
Available for debt repayments........... 398.09
Monthly UNsecured debt repayments....... 154

Amount left after debt repayments....... £244.09


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

The total amount of debt is quite scary butmy debt at my first diary entry (In my old thread) was £9112.63 though, so that's £754.49 cleared since mid-December :T I would like to have cleared £1000 by the middle of February (Totally achievable with the surplus I have posted here!) and to save up another £100 or so for t'other halfs birthday by the time I get paid again.

I'm assuming my overtime is gone now, so I am going to have to get really frugal with the groceries and entertainment budgets and also try and sell some more things on Ebay and Amazon. I didn't list anything this weekend, but as I posted this morning it's been quite the week, so I'm not going to beat myself up about it. I will have a look around the house and try and find things that I can sell while having a good declutter. I am also going to put some of the heavier things that I can't post on Ebay etc on my local Gumtree and see if I can make a few pounds.

Posting another SOA has been quite useful as it has reminded me that I have got a reasonably good surplus and that there are definitely areas in which I can make more cash and get rid of my debts more quickly. I am going to allocate £300 per month to debt repayments and head to the DFD calculator just now and update my signature too.

I'm starting to become my more positive self again!!!!

flying_fresian

mooomin

I've done my Snowball calculation again, and my DFD is now August 2011.

That's nearly a year earlier than when I first did the calculation in November!

I'm assuming that I can put £300 per month into debts - this is £154 minimum payments and the other £146 from my surplus, which still leaves me almost £100 per month for emergencies or additional debt repayments.

Whoop whoop I'm off to update my sig! :j

mancbird

Looking good! It's great to see your total coming down so quickly :j

SarahNeedle1872

Looks good FF, with a nice healthy excess.... the only thing that looked a bit high to me was your electric.... I;m guessing as its not listed, you have no gas...?