Getting from A2B

MrsAudus2b

Hello everyone and welcome to yet another diary! :hello:

Gosh, I have butterflies as I type this!

I have decided to start a diary after reading so many inspirational ones (notably Piq's and KTJazz's) I love MSE and particularly the "what small" thread, so many wonderful people...sophiesmum, piq, kt, andan, fay, cassey, PipsMum, hamster, mickey mouse, tallie and so so many more. Thank you so much!

Anywoo, an introduction. I'm 24 and live with my OH in a 3 bed terrace we bought at the very peak of house prices in 2007!:o Ah, the benefit of hindsight! My debt history begun at Uni in my second year (5 years ago) when I opened my first O/D...and I can remember thinking, 'right that it, debt for life!' Well hopefully not, thanks to MSE! I have made a lot of mistakes with cosolidation loans and general hedonism! However, I'm now settled with OH and am very happy. We classify all our debts as joint.

Two very important things to mention at this point

1) I'm getting married! I'll be writing lots about this but as an overview...we are getting married on 05/09/09 after OH proposed last summer. He sold his snazzy car to pay £1000 depoist to the venue (lovely place where both the ceremony and reception will be held) My mum and dad are very kindly giving us £4000 and after paying out for a MSE honeymoon we aim to have £1000 saved up (currently £800) We also have a savings pot and have approximately £500 in there...3/4 full!

2)I'm going back to Uni! Three weeks after the wedding I will be going to the local uni to do a MA. This will give me the qualification needed for my work. I will get a grant plus an incentive from my current employer. Looking forward to it but not to the reduced income!

So that's it in a nutshell. Sorry for the long post, thanks for reading and love to all! I'll post SOA soon
xxx

lilian1977

Looking forward to reading MrsAudus2b!

IWantToBeFree_2

Congrats on getting married, I also get married this year, juggling paying off debts and saving for the wedding isn't that easy but hoping that we get there!

Busterollie

:j :j :j Another diary:j :j :j

Great stuff. I love these diaries!!!:T

MrsAudus2b

Right here goes I guess!

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

Monthly Income Details
Monthly income after tax................ 1340
Partners monthly income after tax....... 1347
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2687

Monthly Expense Details
Mortgage................................ 680
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 107
Electricity............................. 22.5
Gas..................................... 38
Oil..................................... 0
Water rates............................. 36
Telephone (land line)................... 12
Mobile phone............................ 25
TV Licence.............................. 11
Satellite/Cable TV...................... 0
Internet Services....................... 15
Groceries etc. ......................... 200
Clothing................................ 10
Petrol/diesel........................... 150
Road tax................................ 20
Car Insurance........................... 72
Car maintenance (including MOT)......... 5
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 7.1
Pet insurance/vet bills................. 0
Buildings insurance..................... 34
Contents insurance...................... 20
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 30
Entertainment........................... 80
Holiday................................. 60
Emergency fund.......................... 0
Saving Wedding/University............... 200
Tobacco for OH.......................... 40
Tobacco for me.......................... 40
Total monthly expenses.................. 1924.6

Assets
Cash.................................... 1100
House value (Gross)..................... 115000
Shares and bonds........................ 0
Car(s).................................. 3000
Other assets............................ 0
Total Assets............................ 119100

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 111000....(680)......5.99
Total secured & HP debts...... 111000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
My O/D.........................700.......100.......19.28
OH O/D.........................2000......25........19
Joint Account O/D..............1600......12........18.75
Sofa ..........................328.......41........0
OH C/C.........................1600......50........0
My C/C.........................5600......80........21
OH loan .......................7079......151.......19
My loan .......................11739.....273.......20.09
Total unsecured debts..........30646.....732.......

Monthly Budget Summary
Total monthly income.................... 2,687
Expenses (including HP & secured debts). 1,924.6
Available for debt repayments........... 762.4
Monthly UNsecured debt repayments....... 732
Amount left after debt repayments....... 30.4

Personal Balance Sheet Summary
Total assets (things you own)........... 119,100
Total HP & Secured debt................. -111,000
Total Unsecured debt.................... -30,646


Couple of points to mention:

• Recently changed energy, mobile, home phone and broadband suppliers/contracts. Have made big savings over the past couple of months
• Mortgage deal finishes in May
• Holiday payments...mum and dad are going away in the summer and the whole family are joining them for a week! The savings are for the next four months only and we only have to pay for flights.

Feel free to comment if you wish or just to say hello!

Love
xx

MrsAudus2b

Oh wow, thank you so much for the quick replies! :j

Lilian - thanks for popping in!
Iwanttobefree - looking forward to swapping wedding stories. You'll have to tell me all about yours!
Busterollie - nice to meet you!

xxx

Piquant_2

Oh Fantastic!! :j Here you are at last. :T

We can all share you wedding plans with you. Though not, perhaps, the wedding. Poor Mr A having all of us turn up....

Great start and how brave are you posting a SOA as well. Can't help you much with that, I'll be here for moral support, if that's okay.

sophiesmum_2

Hi there:D

May not post much but will be lurking in the background when I get chance - have to keep an eye on my dfw's;)

MrsAudus2b

Piq, just having you here is fantastic enough but moral support too! I am a lucky thing! Feel I should celebrate my diary with a vodka and diet coke - :beer:

Sophiemum - Your beady lurking eye is much appreciated! Thanks for giving me the motivation to do this!

xx

Piquant_2

MrsAudus2b wrote: »

Piq, just having you here is fantastic enough but moral support too! I am a lucky thing! Feel I should celebrate my diary with a vodka and diet coke - :beer:

Sophiemum - Your beady lurking eye ismuch appreciated! Thanks for giving the motivation to do this!

xx

Best idea of the day! :beer: I'm sure one or two of us will be happy to christen your new diary :beer:

MrsAudus2b

Wonderful Piq...I'll have a vodka and diet coke on my diary and then come over to yours for a cheese and potato bake...it's a fair swap!