Squirrel's Smiley, Smart and Solvent Diary

redsquirrel80

Walks are good in general - just been out for 10 minutes in the very chilly sunshine!

I need a small to do list this week for the vital stuff, here's how it's looking so far:

House
Clean flat and move last few bits
Email landlady about leaving a few things - done
Unpack suitcase
Sort spare room for mum arriving

Work - job 1
Do E annual report

Work - job 2
Do another batch of resources - 20 if poss

Courses and other stuff
Finish Philosophy assignment
Do Mentoring course assignment
Read something course-related or otherwise useful for at least 30 mins a day.
Make a start on blog!

redsquirrel80

Ok I have been thinking about this blog thing for a while - and have decided to combine two of my favourite things, gardening and philosophy. I hope this is really going to focus me on writing clearly and expressing myself how I want to - one of my big bugbears is that philosophy is seen as mysterious and difficult, because people insist on writing about it that way (see my previous posts on people showing off on my course!)

Anyway, here it is - not posted much yet but followers and comments etc most welcome!

http://wittgensteinswateringcan.blogspot.com

Karmacat

What a great name! My lappie is taking forever to load everything, so I'll subscribe when I've popped out to the postbox.

beanielou

£££££'s looking good

redsquirrel80

Morning!

We finally have a rent amount (£350 including all bills) - and I need to change a few figures from SOA as I forgot a few things.

This month, including second job pay and getting my deposit back for the flat, looks like this:

Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1236
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 360
Total monthly income.................... 1596
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 350
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 15
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 0
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
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)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 365

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
Overdraft......................0.........342.......0
CQ1............................0.........50........0
AK.............................0.........40........0
CQ2............................0.........30........0
Total unsecured debts..........0.........462.......-

Monthly Budget Summary
Total monthly income.................... 1,596
Expenses (including HP & secured debts). 365
Available for debt repayments........... 1,231
Monthly UNsecured debt repayments....... 462
Amount left after debt repayments....... 769
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

After that, on a standard month with no extra money coming in, if I continue paying the debts at the current level, I would have just over £700 left. I want to have a bit extra to cover Christmas etc, so I think I'm going to aim to pay just an extra £100ish a month to debts until the end of the year, which would bring me down to £7k total to start 2011.

I doubt I actually will spend £600 a month, so whatever's left over can help kick start the debt payments next year - I'd love to clear the rest in a year, but that would mean monthly payments of £583 which would only leave me about £250 spare for everything else. Hmmmm!

Karmacat

I'm glad you've worked it out, Squizz, you can go forward nicely from there.

redsquirrel80

Karmacat wrote: »

I'm glad you've worked it out, Squizz, you can go forward nicely from there.

Thanks Karma!

Hehe - I found out last night that Mr S is really organised with his money! I've never known him to be struggling, but when we were trying to figure out how much everything cost, I discovered he keeps a list in his wallet of everything he spends during the month - apparently he once went really overdrawn by mistake, and ever since he's kept this note of everything to make sure he doesn't!

It's quite ridiculous to think that between us we are going to be about £500 better off per month from now on :eek:

Karmacat

Thats brilliant - now you've had your LBM and its so far behind you, you don't want someone who's not clued up. And he sounds *very* clued up. How great to be £500 better off between you! And that figure's going to be even more once you're debt free.

beanielou

All looking good

redsquirrel80

Ta Beanie! It might be new diary time soon...