am i addicted????

Little_Miss_Winner

wow, you an doing amazingly way, keep at it.
I know it's very scary working out an soa, but once it's done it's done.

Good luck
hugs
pot
x

second_chance

not posted had to spend the afternoon playing with my daughter will work out my soa but may need some help .....

second_chance

right here goes....
wages: mine £1400 (at least sometimes more £1550 max - v rare!!)
hubby £1120
tax credits £35
child benefit £69
total £2624

outgoings :
mortgage: £1149 gulp!
contents ins: £35
life/sickness ins : £90
aol :25 (am going to try and reduce this)
pension :£45
accident ins : £25
o2 : £50 (for two mobiles until sept trying to reduce this)
water : £35
rcn : £14
council tax : £88
tv licence : £12
car payment : £215 (0% until may 2009)
car insurance : £30
xmas vouchers : £30
aol phone : £10
nursery : £200

total: £2053

on top of this i need to budget for
electric ??
gas ??
shopping ??
dentist - i have been offered a payment plan of £11 pm for two check ups and two hygienist vists plus 20% off other treatment-is this worth it??
any help on how much to allow for the above will be greatly recieved x

second_chance

is there anything else i should be thinking of??? i havent taken into account the payments on our debts as im hoping (with a big H ) that we can clear most if not all before the move depending on the amount of cash we get from sale although i would like to pay off as much as poss in the meantime-the move date has now been moved to around the 8th june at the earliest

second_chance

im scared and very very sick now ....

lynzpower

Ok ,that SOA so far will give you 571 left every month.

Clearly thats before food and utilities. Youve also missed off buildings insurance? Also petrol, parking costs, birthdays, and of course odd holidays/ days out. HOw about childcare? HAve you factored in maternity leave ( sorry if Ive missed this bit:) )

I personally dont think that dental plan is much cop, your better with BUPA at £15 a month or whatever it is that pays out for all your work, not just a poxy discount. However, you need to be realistic, do you need it? How often do you go? Is it worthwhile, could you save the premiums in a bank account adn pay for the work out of that. Only you & your OH can decide this really.

second_chance

lynzpower wrote:

Ok ,that SOA so far will give you 571 left every month.

Clearly thats before food and utilities. Youve also missed off buildings insurance? Also petrol, parking costs, birthdays, and of course odd holidays/ days out. HOw about childcare? HAve you factored in maternity leave ( sorry if Ive missed this bit:) )

I personally dont think that dental plan is much cop, your better with BUPA at £15 a month or whatever it is that pays out for all your work, not just a poxy discount. However, you need to be realistic, do you need it? How often do you go? Is it worthwhile, could you save the premiums in a bank account adn pay for the work out of that. Only you & your OH can decide this really.

buldings ins is in with the contents, childcare was under nursery at £200 this has been cut down ive saved money by not going to sleep after my last night and getting family to help out i will update my soa with diesel costs but have not got much clue how to budget the rest i dont pay parking costs

second_chance

second_chance wrote:

right here goes....
wages: mine £1400 (at least sometimes more £1550 max - v rare!!)
hubby £1120
tax credits £35
child benefit £69
total £2624

outgoings :
mortgage: £1149 gulp!
contents ins: £35
life/sickness ins : £90
aol :25 (am going to try and reduce this)
pension :£45
accident ins : £25
o2 : £50 (for two mobiles until sept trying to reduce this)
water : £35
rcn : £14
council tax : £88
tv licence : £12
car payment : £215 (0% until may 2009)
car insurance : £30
xmas vouchers : £30
aol phone : £10
nursery : £200
diesel : £90
total: £2143

on top of this i need to budget for
electric ??
gas ??
shopping ??

someone suggested a shopping budget of £180 does that sound ok??

calleyw

Hi again,

What about petrol, Mot (even if the car is new you need to think about servicing and new tyres etc) Haircuts, christmas, brithdays, holidays on top of food shopping and gas and electric.

You talked about having another baby I think. If you can and you are not already expecting it would be best to put this off for a little while. I am not sure how old you are at the moment.

You bascially are going to need to pinch every penny until it screams for you to be able pay off your debts and work hard at getting the mortgage down as well.

Is there anyway that either you or your husband could get another job. That would help a lot. Both my husband and I use to stack shelves in a supermarket two nights a week and after tax (we both had two jobs. One full time the one in the supermarket and we where both studying OU as well) We got £250 a month (that was about 6 years ago). It was not a lot of pay for the hard work. But as needs must. And we did get 10% off our shopping as well.

Yours

Calley

second_chance

right i will have to think about those ...i need to feed my baby and settle her to bed then i will work the rest out .. im 28 andi havent told you the worst bit yet...(in denial i think) i left the nhs to work for a private hospice SOOO if i do go on mat leave i will only get 90% for six weeks then the rest at the government rate of about £106 a week:eek: -jesus christ im just in denial about everything i just think all will work out but obviously it wont .... going to feed my baby and hang my head in shame and prob give myself a bigger slap than i did yesterday-think ive told you ALL now so can understand if you all abandon me to my money hell x thankyou for all your help and comments i cant tell you how much i appreciate and love you all x