My magical debt diary!

littlepinkstars44

no i do not need to pay her back. She works full time as a manager, and makes £17k a year....where as i am lucky if i make £300 a month. She has no debt, no massive commitments, just her rent to pay really.

She knows how hard things are for me at the moment....and doesn't mind taking me out now and again as a wee treat.

I told her when we get paid i'd take her out, but she never lets me! She'll let me buy 2/3 drinks for us...then whips her purse out.

Yeah i got my ironing done...well half of it. The other half is still not properly dry yet!

littlepinkstars44

So...I was meant to be working 10-6 today.
Went in and the checkout manager told me i wasn't meant to be in??

Last shift i had was last Sunday, i checked the rota and it said i was in 10-6 today then 3:30-8:30 tomorrow.

The my bestie phoned me to come in for a shift in the cafe on Tuesday, as 2 ppl phoned in sick ans no one else was trained in the kitchen except me (as i just moved from cafe to checkout last week....against my wishes!!!) So i came on on the Tuesday and done a 1-8 for her.

So when i done that, apparently the checkout manager took me off my 10-6 today...because then i would be doing more than my contracted 9 hours!!!! But no one told me! So how the hell was i meant to have known????
So i went up to personal...they didn't even have me on the checkout rota...or the cafe rota!!! So i'm like i don't even excist on the payroll anymore??

Anyway i ended up being told to stay...so that was fine.
Then at 11:30 checkout manager came and closed my checkout...and i though "bit early for my lunch is it not?"

No, turns out she had just noticed i had piercings?!?!?! And told me i can't have them in.

But i was in on checkouts last sunday, and had them in....the store manager, 2 duty managers and the proper chackout manager did not have a problem at all with them.
Even when i worked in the cafe, they were fine with them, as long as i had my clear ones in!!!

I told her all this, and she was like well you either take them out or i send you home.
I can't take them out, as i don't want them to close up, and i didn't have my clear ones with me...so i just left.

Honeslty i hate the checkouts so much, they are all so !!!!!y!

But...on the way home...the shop down the road are looking for staff for 20hours a week. Popped in and asked about it, i've to go back down at 2pm to speak to the manager and take a CV with me

littlepinkstars44

I think i have a new job!!!!!!

went down to the shop there n spoke to the manager, gave her my cv and filled out an application form. She is desperate for staff, said that she had to get he son in to help her out today n everything!

Shes gonna call me tomorrow n let me know.
It's a 20 hour contact...but she said i'll def be getting more than that cause she literally has no staff!

Flower08

Good news!! I have my fingers crossed for you, that will be just the thing you need to help get rid of those debts once and for all.
Le us know how you get on!

daily_2

Does the 20 hours fit around your lectures,summer school, and uni work - the move could backfire if it doesn't?

littlepinkstars44 wrote: »

I honestly don't know how i ended up with a bank charge. I went to the cash machine and it said i could withdraw £50...so i did. Then the next day it said i was £20 over my overdraft limit.

It doesn't happen by accident, you should know what the balance is, what is going in, what is coming out, and when - if you do the spreadsheet, you can take control.

littlepinkstars44 wrote: »

After this charge comes off, i'm gonna try and pay that back then put the overdraft down to £150 (it was only £100...and has now been put up to £200)
So i know i have £50 for emergencies only

Thats means you'll still be using the £100 overdraft, is it interest free? I would advise against reducing the overdraft limit, history says you'll go over the limit again and get hit by charges.

littlepinkstars44

daily wrote: »

Does the 20 hours fit around your lectures,summer school, and uni work - the move could backfire if it doesn't?

I honestly have no idea. As i have no idea when uni even starts yet (as they haven't even confirmed my place yet), or how long i am going to be in a day, what days etc.

But the job is in an RS MCalls, and are open from 8am-11pm everyday. So i am pretty sure i can work whatever hours they give me just now then go down to 20 when uni starts.

I used to work 30 hours a week almost when i was at college this year, before they put everyone on their basic contract hours.

daily wrote: »

It doesn't happen by accident, you should know what the balance is, what is going in, what is coming out, and when - if you do the spreadsheet, you can take control.

I honestly dont know how it happens. I check online banking everyday. And the balance changes all the time. One morning i can have £20 in it, and by that night £50. When i know nothing has came in or out! The 2 days later it goes back to £20 again.

I've tried to play around on works, and i honeslty have no idea how to work it...i'm gonna try and google a tutorial later.

daily wrote: »

Thats means you'll still be using the £100 overdraft, is it interest free? I would advise against reducing the overdraft limit, history says you'll go over the limit again and get hit by charges

Again i don't know if it's intrest free?? Does that mean they add charges on? But my agreed limit is £200....so i can go upto that £200 and its all fine though...i thought thats how it works?

daily_2

No that's not how it works. Overdrafts cost interest, going over the limit is even more expensive, surely you must have realised this by now?

The only exceptions are student accounts (which as you're not a student doesn't apply), buffer zones (£200 is too big for a buffer zone), and when interest is frozen (it's a new account, doesn't apply).

Even if they don't charge interest, going into the overdraft is spending money you don't have, ie more debt.

The terms of your account should be obvious from the paperwork you signed, the leaflets you were issued with, the terms on the website, the statement.

Post the statement from online banking, money just doesn't move in and out without an explanation. What direct debits have you setup on this account?

Re spreadsheets.

in box A1 Type Income
in box B1 type 1000
in box A2 type Expenditure
in box B2 type 400
in box A3 type Difference
in box B3 type =B1-b2

In D1 type Aug 2009
drag the corner of D1 across to D20, the months should generate automatically

Other useful functions are =sum(C1:C20) which will add up everything in cells C1 to C20.


Uni isn't a walk in the park, you'll have to spend a lot of time working at it if you want to pass, so 30 hours working (more or less a full time job) may not be feasible.

littlepinkstars44

daily wrote: »

No that's not how it works. Overdrafts cost interest, surely you must have realised this by now?

The only exceptions are student accounts (which as your not a student doesn't apply), buffer zones (£200 is too big for a buffer zone), and when interest is frozen (it's a new account, doesn't apply).

Even if they don't charge interest, going into the overdraft is spending money you don't have, ie more debt.

I am a student, have been for the past 4 years. My student overdraft doesnt charge me anything, so i thought this other account wouldn't either

I was only planning on openeing it for money made from ebay to go into, but it came with a £100 overdraft. And with only getting 9 hours a week last month i had to dip into it, which is what caused the charge in the first place...stupid online banking telling me i had more than i did in it. (As the first time i used the account was a total accident, as its the exact same silver maestro card as my normal account...my student account)

I now have a system, student account card is signed on the back, the new one isn't.


Yeah i can't even manage to find out how to start a spreadsheet yet...


edit: i have discovered microsoft works task launcher...is that what i need?

littlepinkstars44

ok i think i've done something wrong with this spreadsheet thing.

I typed in what you said above... but the months arent there its just a big downwards line of #'s

daily_2

I thought I read a post saying they wouldn't give you a student account?

For normal people or post grads, overdrafts are charged interest.

Stretch (drag the right hand line) the column headers at the top, the cells are probably too small to fit.