I'm Confused

suze72

Hi Ollie

If you go to the homepage then scroll down to free tools you will find a budget planner there which you can save to your pc.

suze72

Have you tried contacting any of the debt charities, e.g CCCS or National Debtline? They can be really helpful in steering you in the right direction.

10past6

ollie2008uk wrote: »

Ground Rent£7.00
Service Charge£126.00
Buildings and Contents Insurance£5.50

Ollie

If you have a flat, why are you paying buildings insurance?

Building insurance for a flat comes under "service charge"

ollie2008uk

This is my statement of accounts:

http://rapidshare.com/files/209309562/Statement_of_Accounts1.xls

I'm not sure how to upload an excel spreadsheet in here.

ollie2008uk

Ollie

If you have a flat, why are you paying buildings insurance?

Building insurance for a flat comes under "service charge"

Typo on the spread sheet. Thanks for pointing that out. Its included in service charge as you state.

ollie2008uk

Ollie's Statement of Accounts

Income£

wages£716.00

Total£716.00

Outgoings

Mortgage£217.00
Council Tax£63.00
Ground Rent£7.00
Service Charge£126.00
Contents Insurance£5.50
Life Cover£16.757
Gas£19.25
Electric£19.25
TV Rent and Licence£32.00
Travel£80.00
Clothing£60.00
Prescription£10.00
Car Insurance£10.00
Phone (inc mobile)£60.00
Car Maintinance£10.00
Car Tax£10.00
Food Shopping£100.00
Total£845.75
Total after outgoings-£129.75

Current Debt
Balance Arrears
HSBC Credit Card£7,134.52 £1,192.80
HSBC Loan£9,082.04 £1,238.46
Virgin Credit Card£6,337.79 £837.79
Barclay Card£1,307.58 £407.58
Capital One£362.02 £162.02

Total£24,223.95

Merlinexcalibur

Prescription£10.00

Just popping in before I finally go off and watch The Eye on DVD and not spend all night on here again. It's addictive. :D

But I noticed your wages were, as you know, low. This is just a suggestion about the prescriptions as I do not know if it would apply. But, several months ago it was mentioned to me because of my low income I could apply for free prescriptions. I never knew that before. I applied and now have an HC2 (think it's that one) which has helped immensely as I have to buy stuff regularly on prescription but now get it free. As I said I didn't know about such things until someone mentioned it to me, so don't know if it would be any help. But it is for anyone on low incomes, struggling financially. Unfortunately, as it was a while ago, I've forgotten the name of the form. But if I take a look at the certificate I have somewhere, I could try and find out.

Found the page:

http://www.patient.co.uk/showdoc/23069022/

May not help but then again I thought I'd get refused but didn't.

10past6

Mortgage£217.00
Council Tax£63.00
Ground Rent£7.00
Service Charge£126.00
Contents Insurance£5.50
Life Cover£16.757
Gas£19.25 >>> This is high
Electric£19.25 >>> This is high - have you tried dual fuel?
TV Rent and Licence£32.00 :eek: >>>>>>>> Eh
Travel£80.00 >> what does this consist of?
Clothing£60.00 >>>> Far to high £20.00 PM should be suffiecnt
Prescription£10.00 >>> Can you try for a 12month offer?
Car Insurance£10.00
Phone (inc mobile)£60.00 :eek: :eek: >>>>>>> Far to high >> why noy payg?
Car Maintinance£10.00
Car Tax£10.00
Food Shopping£100.00
Total£845.75
Total after outgoings-£129.75

ollie2008uk

10past6 wrote: »

Mortgage£217.00
Council Tax£63.00
Ground Rent£7.00
Service Charge£126.00
Contents Insurance£5.50
Life Cover£16.757
Gas£19.25 >>> This is high
Electric£19.25 >>> This is high - have you tried dual fuel?
TV Rent and Licence£32.00 :eek: >>>>>>>> Eh
Travel£80.00 >> what does this consist of?
Clothing£60.00 >>>> Far to high £20.00 PM should be suffiecnt
Prescription£10.00 >>> Can you try for a 12month offer?
Car Insurance£10.00
Phone (inc mobile)£60.00 :eek: :eek: >>>>>>> Far to high >> why noy payg?
Car Maintinance£10.00
Car Tax£10.00
Food Shopping£100.00
Total£845.75
Total after outgoings-£129.75

Yeah that is dual fuel! TV is high as i'm still in a 12month contract with SKY and same applies to Vodafone.

Travel consists of getting to and from work. Shopping, visiting family esp as my mum is ill and I drop in on her every otherday.

10past6

ollie2008uk wrote: »

TV is high as i'm still in a 12month contract with SKY and same applies to Vodafone.

How many months do you have left on each contract?

Calculate that x the cancellation fee, see which comes out as the best deal.