Newbie SOA , advice and help pllllease?

losethedebtlou

Hi everyone!

Since my diary is going well and I am still full of motivation (but how long will it last?) I decided it was time to share my SOA with everyone, some advice would be lovely, thanks to you all this site is GRRREEEAT!!!

Incoming : £1600 wages

Outgoings: £387 IVA (will rise soon):eek:
£178 Natwest Loan
£15 AA
£7 Life Insurance (in army so needed!)
£45 Sky and broadband (in process of cancelling Sky)
£15 mobile internet (moving to PAYG in 5 months when contract finishes)
£31 Car Ins
£224 Car Finance
£10 Car Tax
£20 ISA (emergency fund)
£6 Health Insurance
£50 (paying my nan back)
£20 Mobile Phone
£2 Phone Insurance
£120 Food (sometimes less this is average)

Total Spare = £490 :beer:

What is best to put this towards? I have a cahoot overdraft of £1000 roughly which is 11.6% APR and a loan of £6700 which is 16% APR cant decide which to pay off first, thinking cahoot as its smaller. Cant pay off any more on my car as they dont allow it and IVA is fixed, any advice? Cant swap to low apr's as IVA on credit file = no more borrowing!

I dont really buy clothes , cant remember the last time! And I rarely go out now, and if we do my much richer than me boyfriend usually foots most of the bill!:o

Cant wait to be debt free!!!!!!!!!

Lou x:rotfl: