Escapism's debt free diary

escapism

SueP19 wrote: »

Hiya, I bet that felt really good to sit and talk and be open

Its funny but you me and Sillybillyme are all at the same level of debt, I too will watch your diary
You are doing really well and just so you know the feeling of control doesn't go, not even when you are dealing with cr*py phone calls

It did feel nice, I thought he would be opposed to it and maybe a little bit angry that I had brought it up, turns out he had been worried too but too scared to bring it up :rotfl:

It is good that we are all around the same level of debt (well, not good but you know what I mean ), the mutual support is the main reason I started a diary, is nice to know you are not alone and others out there are going through similar problems. Will subscribe to your threads in a min, am just getting used to navigating my way around atm

sillybillyme

Bad news is that I went to see DS's nursery (where he has to go for 3 months before starting school) yesterday and signed all paperwork, confirmed charges etc. It will be £150 per week for him to attend full time, payable weekly :mad: This might be a bit of a struggle for the first few weeks as I don't get paid until the end of June.... Have to work out a way around that as my rent is also diue in three weeks and they won't budge on the payment date :mad:

---

i know how you feel when everything seems to be due at once especially when you are struggling for money!!!!:rolleyes:


i had pre school fees this week for £128!!! (that is a term though)
i cant wait till september when he gets the government grant and i wont have to pay


xxxx

escapism

Right, have sorted through all the boxes and the amounts are a bit different to what I first thought - and there are some additional debts that have been forgotten about over time. Am going to tackle them all because although some of them aren't chasing me now, I don't want them to suddenly appear later on when I think I am doing well :rotfl:

So my new SOA looks like this:

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 1204
Partners monthly income after tax....... 862
Benefits................................ 368
Other income............................ 160
Total monthly income.................... 2594
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 500
Management charge (leasehold property).. 0
Council tax............................. 98
Electricity............................. 40
Gas..................................... 20
Oil..................................... 0
Water rates............................. 25
Telephone (land line)................... 10
Mobile phone............................ 40
TV Licence.............................. 22
Satellite/Cable TV...................... 36
Internet Services....................... 5
Groceries etc. ......................... 200
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 260
Childcare/nursery....................... 560
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30
Haircuts................................ 20
Entertainment........................... 50
Holiday................................. 50
Emergency fund.......................... 0
Total monthly expenses.................. 2016

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
NPower.........................965.63....0.........0
Advantis (UU debt).............219.31....0.........0
Orange.........................201.5.....0.........0
Littlewoods....................668.......0.........0
CCJ............................468.......0.........0
Council Tax....................1200......0.........0
College course.................2250......0.........0
Creche debt....................836.79....0.........0
Capital One (OH)...............400.75....0.........0
Capital One (me)...............289.75....0.........0
Box Clever.....................203.65....0.........0
MMU............................188.91....0.........0
BT.............................177.69....0.........0
Talk Talk......................144.39....0.........0
Moorcroft......................135.......0.........0
Next...........................186.68....20........0
Old rent debt..................1526.3....0.........0
Welcome Finance................3000......0.........48.12
Total unsecured debts..........13062.35..20........-

Monthly Budget Summary
Total monthly income.................... 2,594
Expenses (including HP & secured debts). 2,016
Available for debt repayments........... 578
Monthly UNsecured debt repayments....... 20
Amount left after debt repayments....... 558
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -13,062.35
Net Assets.............................. -13,062.35

Which leaves me £578 per month to split up somehow

As I said previously, the Council Tax has gone to bailiffs (although as we moved lately, they haven't caught up with us yet) so that has to be a priority.... I am going to write a letter to the council and see if I can appeal to their good nature :rotfl:

Raini

Hello, Just wante dto say well done on going through the boxes and knowing exactly where you stand. Good luck with the Council as well. You should be very proud of how you're dealing with all this :T

escapism

Evening all

Had a bit of a blow out today Am justifying it though as it was my last weekday with DS before starting my new job and I wanted to make it fun and special :rolleyes:

Spent £5.53 in McDonalds - his choice, not mine lol and £5.50 taking him swimming, also bought him a bat and ball set from asda for £4.00 which we played with when we got home... had so much fun, am going to really miss him on Monday

Anyways, transferred £3.00 into ISA this am so have kind of paid towards it :rotfl:

Letters all gone to creditors, just waiting on responses now Gonna enjoy the rest of the weekend as Monday brings work and stress (more than at home lol)

Hope all ok

xx

SueP19

And what is wrong with Maccies, love a mac know and again, if it helps going shopping next Wednesday with my DD as she is 18, its the small pleasures that make life bearable.
I am sure your son really appreciated it.

savingholmes

escapism wrote: »

ontents insurance...................... 0Should have some?
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30 Can you use the Make £10 a day challenge to pay for this and the next few categories
Haircuts................................ 20 as above
Entertainment........................... 50 as above
Holiday................................. 50 as above
Emergency fund.......................... 0 personally I would have some

I use the Make £10 a day challenge to fund luxuries - look at the sig !!! Suggest you do the same....

Have I missed something... are you going on a DMP? Apologies if I have? I think the hardest thing about dealing with your debts is that you have so many debts....

If you are struggling to find that £500+ you in theory have available for debt repayment... perhaps try a spending diary!

Good luck!

escapism

SueP19 wrote: »

And what is wrong with Maccies, love a mac know and again, if it helps going shopping next Wednesday with my DD as she is 18, its the small pleasures that make life bearable.
I am sure your son really appreciated it.

Hi Sue,

Yeah, he did enjoy it even got him signed up for swimming lessons I think it felt different as I was more aware of the money I was spending, whereas before I would have paid and not even thought about it - every penny was noticed... I guess thats a good thing tho

Haha and theres nothing wrong with MaccieD's, I prefer Subway tho but that is an expensive buttie :rotfl:

xx

escapism

savingholmes wrote: »

I use the Make £10 a day challenge to fund luxuries - look at the sig !!! Suggest you do the same....

Have I missed something... are you going on a DMP? Apologies if I have? I think the hardest thing about dealing with your debts is that you have so many debts....

If you are struggling to find that £500+ you in theory have available for debt repayment... perhaps try a spending diary!

Good luck!

Hiya Savingholmes,

Thanks for your comments, yes I do need contents insurance, it is one of the jobs on my list that I have not yet got round to :rolleyes:

Its not that we are struggling to find the £500 as such, just that up until recently we only had one wage coming in so all money coming in went straight back out again and we couldn't even manage minimum payments on debts (if we wanted to eat and have a roof over our heads)... All that changes as of this month as I am starting a (reasonably) well paid new job on Monday and my first payday is end June. The SOA is based on what we now have coming in so haven't really had chance to see the £500 yet IYSWIM....

Will have a look at the make £10 a day challenge, looks like you are doing really well from it

Thanks again,

xx

escapism

Right well guys, I am off to Asda shopping now, aiming to spend about £40 and out of that need to get stuff for meals and lunches during the week

WIll update again later as to how much the actual total is:rotfl: