Here Goes - Kindofagilr's Debt Free Diary

twinklie

Just wondering how you're getting on lady pants! Hope little bump isn't being too much of a pain! x

kindofagilr

Total nightmare lol

CC's took more of a hit over Christmas.

I need to do a new SOA, cos I know now for sure how much money I will get paid when bean is here and nursery costs etc.

We have got so much better with the takeaways and shopping, we have been spending about £30 a week on food.

This is my first week off on maternity leave, so so far so good, I've been able to make OH's sandwiches for work (he used to buy a bacon sarnie) and I have been making tea every night.

The bank manager we saw the other week suggested instead of getting the overdraft down first we should concentrate on the CC's?

We now have M&S £3300 (0% just ran out), Virgin £2600 (0% due to run out March) and Lloyds £2600 (19.9%)

I applied and got accepted for a 0% balance transfer card with ASDA and got it and a £4000 limit

So plan is to move the Lloyds card £2600 over and some of the Virgin card over £1400 then try and hammer the rest of whats left on the Virgin card £1200

We applied for a Virgin card for OH for 0% for 16 months but we havent heard if he has it yet, I dont think he will get it cos the loan and car loan is in his name (totalling 28k)

So yeah the Bank manager reckons we would be better off say if at the end of a month our overdraft is £600 paying the remainder of our limit (£1000) £400 off a card?

And then once the cards are paid off pay the overdraft off as hte interest of it is a lot smaller than the cards?/

Bump is fab thanks, well loads of pelvic pain actually and I just want beany here lol

How are you? Ineed to check out your diary xx

twinklie

OMG...can't believe little bean is due so soon! How scary is that!!

I'm ok thanks. Work issues. I've been assaulted and verbally and physically intimidated over the last 3 weeks by the kids. I'm NOT a happy bunny! But hopefully, I'm made such a fuss it's had to be dealt with....so it should improve. Sorry to be moanie....but on a high note, I get to spend a whole week with DH next week!

kindofagilr

Ah god, thats !!!!! that!!!! I hope it is getting dealt with

But YAY for spending the full week with DH

I know, not long till bean is due, just over 3 weeks, eek

twinklie

3 WEEKS!!!! OMG! :eek:

Wow it is really true when they say the time flies! It has for me anyhoo! I'm so pleased everything has gone ok for you and am sooooo jealous you have an excuse for being at home...I get to be at home next week though!! YEY!

Are you getting impatient yet??? Bet you cannot wait to meet him!

kindofagilr

I know!! Tell me about it! 3 weeks argh lol

Time does fly doesnt it lol, It is nice being at home, I didnt know how I would cope at first cos Ive worked since the day I left school but I am getting used to chilling out at home lol

YAY for you getting to be at home next week

I am getting impatient lol mainly cos its sore to sleep, bump is heavy and as he heads further down pelvis the more it hurts

I hope he comes early lol but knowing my luck he will be late lol

kindofagilr

Ok in an attempt to sort this all out I am updating, my Asda card came today (with 0% for 12 months balance tranfers)

So these are the 4 things we are going to concentrate on first (before the loans and then mortgage)

Lloyds Classic account overdraft of £1000 interest rate of 2% (per month = 26.82% APR)
Virgin Credit Card £1455 0% till May, then monthly rate is 1.2916% (16.65% APR)
M&S Credit Card £3284.40 (41.27/3284.40 x 100 = 1.2565% per month = 16.16% APR)
ASDA Credit card balance of £3811 0% Feb 2011 (Then 23.8%)

So we are hoping to overpay by £250 a month, fingers crossed here we go lol

kindofagilr

Ok new SOA. I will edit the first post to get rid of the old one.

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1098
Partners monthly income after tax....... 1200
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2298

Monthly Expense Details
Mortgage................................ 618
Secured/HP loan repayments.............. 180
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 109
Electricity............................. 30
Gas..................................... 50
Oil..................................... 0
Water rates............................. 32.59
Telephone (land line)................... 13
Mobile phone............................ 50
TV Licence.............................. 15
Satellite/Cable TV...................... 37.77
Internet Services....................... 10
Groceries etc. ......................... 140
Clothing................................ 5
Petrol/diesel........................... 100
Road tax................................ 0
Car Insurance........................... 45
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..................... 20
Contents insurance...................... 0
Life assurance ......................... 16.59
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 60
Total monthly expenses.................. 1531.95


Assets
Cash.................................... 0
House value (Gross)..................... 125000
Shares and bonds........................ 0
Car(s).................................. 8400
Other assets............................ 0
Total Assets............................ 133400


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 100000...(618)......6.29
Hire Purchase (HP) debt ...... 9900.....(180)......0
Total secured & HP debts...... 109900....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds Overdraft...............1000......0.........26.82
Virgin Credit Card.............1455......25........16.65
M&S Credit Card................3284.4....82........16.16
Lloyds Loan....................18966.7...369.......0
ASDA...........................3811......0.........0
Total unsecured debts..........28517.1...476.......-


Monthly Budget Summary
Total monthly income.................... 2,298
Expenses (including HP & secured debts). 1,531.95
Available for debt repayments........... 766.05
Monthly UNsecured debt repayments....... 476
Amount left after debt repayments....... 290.05

Personal Balance Sheet Summary
Total assets (things you own)........... 133,400
Total HP & Secured debt................. -109,900
Total Unsecured debt.................... -28,517.1
Net Assets.............................. -5,017.1

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.

twinklie

Looking good...although I realise it will soon be all change. :rotfl:

I'm so excited about you and EA getting so close to your due dates...I'm on pins. It's really silly! I just feel like I've been watching from the start and can't wait to be around to share in the good news. How odd is that! I'm sure you know what I mean though.

It's all kicked off again on the ttc thread. Some of us oldies were saying we feel a bit left out of the loop - it's been moving so fast. And that we don't really fit....some people took offense....and now it's all gone a bit pete tong because some people have gotten a little nasty with their comments!!

I'm now debating whether to leave....don't know where I'd lurk then though.

Lemon_Tree

hope you don't mind me commenting but i have felt it's better me to officially not post on the ttc thread (even though i'm only a newby on there) as i felt that my posts were just ignored, people didn't even say hi. Glad i haven't been on there too often if it's all gone a bit Pete tong