SazM's loan busting mission

Lemon_Tree

well done for getting your savings so high, so quickly.
the cakes turned out great and went down well.
I've been to a car boot this morning, managed to get totally sun burnt but also made another £90 so that's two lots of £90 in two table top/car boot sales. Guess i should have done them earlier, i used to just give everything to charity i could have made a mint if i'd sold stuff myself.

SazM030306

£90! That's fab! I once made £40 at a car boot. Doesn't seem worth it for the 5am start LOL So have you sold out now or have you still got another £90 worth of stuff?
xxx

SazM030306

Unfortunately DH had a day off sick last week so his wage was down But instead of transferring the whole of the £80 cheque, I've transferred £26.96 - at least it's something!
Total in LBA now £389.22 :-)

Lemon_Tree

we still have tonnes of stuff, and luckily the wed car boot starts at 9.30 so you only have to get there before 9. Now sat is another kettle of fish, that's one where you start with the larks which is probably why i've never done a sat one. We're still planning on doing at least one more, i just want rid of the stuff but the money is coming in handy - it's paying for a meal out, trip to the cinema and a trip to the coast tomorrow

SazM030306

Just a qiuck update, I'm doing really well with my weekly spend challenge, and the monthly loan extra payment is going in tomorrow!! YEY!
xxx

SazM030306

Brand new LBA total as from today is £602.31!
xxx

Lemon_Tree

blimey that total is going up, Mine has gone up by about 85p but hey i knew it wasn't going to start rising for another month or so.

SazM030306

Not much to report really. Still trying not to spend much. Next LBA payment went in, had to reduce amount due to increased Council tax and other bills but total now at £777.31 Not a bad amount to have saved in 2.5 months! Hoping for more in the months to come...trying my best!! xxx

Lemon_Tree

that's a great total. i'm officially cracking the first loan on my list. i have saved £400 towards mine but that's it for this month, i'll have another go at improving that total next month.

SazM030306

Back again! New year, fresh burst of DFW energy
Here's an up to date SOA:

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 2 - soon selling one, realised it's crazy.

Monthly Income Details
Monthly income after tax................ 320
Partners monthly income after tax....... 1256.67
Benefits................................ 517.8
Other income............................ 0
Total monthly income.................... 2094.47

Monthly Expense Details
Mortgage................................ 250
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 96
Electricity............................. 67
Gas..................................... 0 - in with elec
Oil..................................... 0
Water rates............................. 20.2
Telephone (land line)................... 30 - VM package
Mobile phone............................ 20 - 2 on payg
TV Licence.............................. 11.95
Satellite/Cable TV...................... 0 - VM
Internet Services....................... 0 - VM
Groceries etc. ......................... 300
Clothing................................ 10
Petrol/diesel........................... 130 - soon to be less as selling 1car
Road tax................................ 27.73 - as above
Car Insurance........................... 50 - as above
Car maintenance (including MOT)......... 33.37 - as above
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 99.75 - dinners, uniform, trips, CTF etc
Medical (prescriptions, dentist etc).... 22.85 - 3xdentist plans
Pet insurance/vet bills................. 0
Buildings insurance..................... 13.09
Contents insurance...................... 0 - in with B
Life assurance ......................... 19.04
Other insurance......................... 24.92
Presents (birthday, christmas etc)...... 41.67
Haircuts................................ 10
Entertainment........................... 104.78 - DH fags and gym to end in 6/12
Holiday................................. 0
Emergency fund.......................... 309.51 - payment to loan busting account
Total monthly expenses.................. 1691.86


Assets
Cash.................................... 1000
House value (Gross)..................... 85000
Shares and bonds........................ 0
Car(s).................................. 700
Other assets............................ 0
Total Assets............................ 86700


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 41500....(250)......1.09
Total secured & HP debts...... 41500.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
NRock Loan 6.9%inc.............19045.....229.4.....0
Total unsecured debts..........19045.....229.4.....-


Monthly Budget Summary
Total monthly income.................... 2,094.47
Expenses (including HP & secured debts). 1,691.86
Available for debt repayments........... 402.61
Monthly UNsecured debt repayments....... 229.4
Amount left after debt repayments....... 173.21 - £20/w each for anything else ie I use mine for hair cuts/coffee mornings etc.

Personal Balance Sheet Summary
Total assets (things you own)........... 86,700
Total HP & Secured debt................. -41,500
Total Unsecured debt.................... -19,045
Net Assets.............................. 26,155

Comments appreciated as always

Saz x