Nicnacnoo needs to spend money on better things!

nicnacnoo

pay day tomorrow, which means i can get rid of the social loan and most of the catalogue :T

nicnacnoo

just paid off my social loan, so im gonna be £50 better off a month:j

£12.76 of my £20 weekly spend challenge spent:j

and 10 days off work:j

girly weekend completely booked and paid for, even got euros:j

all together the start of a good weekend:T

nicnacnoo

just paid £100 off my catalogue so im happy today...the rest of that will go next month, also my HFC loan will be gone next month, cant wait!!!

Intergalactic_Floozie

Wow, you are doing brilliantly!! You must feel a real sense of achievement.

Lemon_Tree

well done for paying one debt off in full and getting almost there with another one. I'm a big fan of paying off smaller debts as it really does motivate you to keep tackling the bigger ones when that's what you've worked your way up to.

nicnacnoo

First time ive done one of these, not looking for advice, just wanting a record of this months SOA

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 2
Number of cars owned....................
Monthly Income Details
Monthly income after tax................ 290
Partners monthly income after tax....... 0
Benefits................................ 1101.16
Other income............................ 256.66
Total monthly income.................... 1647.82
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 340
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0 just moved onto new energy smart tarrif so will pay first lot next month
Gas..................................... 61.5 this was arrears
Oil..................................... 0
Water rates............................. 16.09
Telephone (land line)................... 12.74
Mobile phone............................ 15.99
TV Licence.............................. 12.12
Satellite/Cable TV...................... 36.43 Sky messed this up, but paying less next month
Internet Services....................... 0 This is supposed to be £6 need to find out why this hasnt been taken yet
Groceries etc. ......................... 200
Clothing................................ 20
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 124.2
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......................... 8.99
Presents (birthday, christmas etc)...... 30
Haircuts................................ 4
Entertainment........................... 50
Holiday................................. 50
Emergency fund.......................... 20
papers.................................. 8.12
weekly spend............................ 90
Christine for bedroom furniture......... 60 (total 330)paying this back to my sisters 0% CC
Total monthly expenses.................. 1160.18

Assets
Cash.................................... 90
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 90

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
lloyds credit card.............1508.82...30.5......21.9
lloyd overdraft................690.......40........19.3
HFC............................145.78....15.22.....19.92 This will be gone in March
great universal................47........25........0 this will be gone in March
cahoot.........................255.......5.........9.8
Total unsecured debts..........2646.6....115.72....-

Monthly Budget Summary
Total monthly income.................... 1,647.82
Expenses (including HP & secured debts). 1,160.18
Available for debt repayments........... 487.64
Monthly UNsecured debt repayments....... 115.72
Amount left after debt repayments....... 371.92 I use £340 for overpayments
Personal Balance Sheet Summary
Total assets (things you own)........... 90 (tiny bit of cash in my account!)
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2,646.6
Net Assets.............................. -2,556.6
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

According to the snowball on make sense of cards i'll be debt free by August using all my available cash, but there are a few bills changing next month so it will probably change then.
According to the whats the cost snowball i'll be debt free by October, whichc ever it is, i can see the light at the end of the tunnel and thats all that matters

nicnacnoo

:rotfl:just sat here waiting to see my wages go in the bank...so i can transfer them to my bills account! love it! :rotfl:

:T:T

Bowski_1011

I can't believe you think £90 in your account is a tiny amount :eek: I can only dream of having that sort of cash hanging around in my account!

Anyways keep up the good work, you're pretty much amazing me at the mo, who'd have thought that would happen

nicnacnoo

im joining slimming world next week, my debt is under control so its time to get my weight under control now.
It'll mean me spending more money but im planning on buying the 12 week 2 week free option so there is something MSE about it.
Wont have time to join the gym til my son is in full time school in September and by then my debt will be just about gone.

Paid some extra off my credit card today, £25 to cover what interest will be taken off in a couple of days :T

Thats about it for now, tonight will be spent meal planning slimming world style and will be sorting out my tesco shop online ready to be delivered Tuesday or Wednesday.

Happy weekend all.

nicnacnoo

I just rang up and closed my Great Universal account and my studio account that had just been sat there :T

Got to ring up tomorrow to cancel credit expert and the ring HFC to get a full and final, then that will be paid in 2 weeks time :j

So i went to Slimming World Wednesday morning and it was as bad as i thought it would be im half a pound into a stone so at least next week i should have lost enough to be down to the next stone!!!

shouldnt need to do a big shop next week cos i have plenty in so im hoping to live from the cupboards this week, probably do a £20 shop of fresh stuff by about Wednesday.

Oh, nearly forgot, i won £10 on take a break bingo so have transferred that and its gonna go straight off my credit card :j

I think thats it for now....hope you are all well