what to do next

budget_2

not sure I don't think so but will double check, could you please tell me where I can find SOA site

dancingfairy

http://www.makesenseofcards.com/soacalc.html
This one?
Anyway glad you can claim on the insurance - that's brilliant. Would also check the others as well.
Still a bit confused as to how you are freeing up that 110 pounds as it wasn't covered on your original SOA as far as I can see. It's probably best to include all the debts that are in your signature on the new SOA as it will make things clearer.
df

budget_2

will do that I think that yesterday was a bit all over the place and also having spoke to hubby last night it would be best to relook and update as alot has come to light since yesterday also managed to arranged reduced payments with catalogue with no added interest or charges so this will make a difference. many thanks for all your help.

dancingfairy

Sounds good. Am glad you have had a chat with your husband. It'll be much easier if you are both singing from the same hym sheet - so to speak.
Good news about the catalogues as well - it sounds like you have been busy.
Also hope you can get DLA if you are entitled to it - sounds like as Ames said you need someone who knows how to take what you would say/write and word it correctly for the form.
df

dancingfairy

With regards to the 115 pounds you have freed up by not paying something this month - have you put it towards anything yet? The reason I ask is that it apears that Provident would be your best first target - as the interest is mega huge and this will go someway to balancing your budget if you could get that paid off first.
I'm not 100% sure on this though as not all your debts are in your SOA as you have some in your sginature so it would be wise to do a full SOA before deciding what to do with the money.
df

budget_2

Haven't got it yet it will be when Oh gets paid so will be week friday, I will be updating the SOA also just need to find it .

budget_2

Hi I have updated the SOA but having included the repayments which are covered by ppi, the 115.00 will be avaliable week friday I'm sure I missed something hear just go brain dead for a mo, ohh yer the car insurance payments have also finished for 2 months as they are all paid up so this is another 70.00 will be able to allocate this provi to ring down the debt would this be a good idea, but this won't be till week friday not before.

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
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 1197
Benefits................................ 874.04
Other income............................ 0
Total monthly income.................... 2071.04
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 460
Management charge (leasehold property).. 0
Council tax............................. 125
Electricity............................. 35
Gas..................................... 44
Oil..................................... 0
Water rates............................. 19.38
Telephone (land line)................... 0
Mobile phone............................ 0
TV Licence.............................. 11.25
Satellite/Cable TV...................... 54.5
Internet Services....................... 0
Groceries etc. ......................... 300
Clothing................................ 0 to many all ready will make do
Petrol/diesel........................... 240
Road tax................................ 30 miss calculated
Car Insurance........................... 70
Car maintenance (including MOT)......... 0done by family
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10.25
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 13.77
Life assurance ......................... 20
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0will start but normally allow total off 100 for all sometimes doesn't either come to asmuch
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1583.15

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1300
Other assets............................ 0
Total Assets............................ 1300

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
natwest cc.....................1600......35........20.9
provident......................1068......160.......272.2
catalogue......................533.99....25........0
natwest loan...................17877.....0.........0covered by ppi ins
scottish power ................110.......110.......0
rbs............................17415.....115.......0
Total unsecured debts..........38603.99..445.......-

Monthly Budget Summary
Total monthly income.................... 2,071.04
Expenses (including HP & secured debts). 1,583.15
Available for debt repayments........... 487.89
Monthly UNsecured debt repayments....... 445
Amount left after debt repayments....... 42.89
Personal Balance Sheet Summary
Total assets (things you own)........... 1,300
Total HP & Secured debt................. -0
Total Unsecured debt.................... -38,603.99
Net Assets.............................. -37,303.99
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

WASHER

Budget,

You haven't put anything down for car maintenance, the Natwest loan, clothing (you must some with two children) or Xmas gifts.

Having a peek at your new soa just now and will come back and comment.

budget_2

natwest loan is paid by ppi which i didn't know i had till today and car maintainenece my oh does and i have family for mot

WASHER

Thanks for clarifying that, could you edited your SOA and put your comments on there otherwise you are going to get many other people saying the same as me.

Your new soa looks much better and you have a surplus too, if you reduce your sky package down you would have a little more money to treat the kids/your OH or yourself every now and then as repaying debt is a long hard slog and we all need an occasional treat.