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Here Goes: my SOA
EssexGirl2002
Posts: 7 Forumite
Hi
I was introduced to this site by a friend.
I have acquired a huge amount of debt within a very short space of time!
I'm married with 2 children but my husband is not aware of the amount of debt I have. To be honest neither did I until I did the SOA!!
I work fulltime. I don't pay the mortgage my hubby does that so the items below are what i'm responsible for:
Thames water £46.26
C/T £129
Gas £36
Appliance and boiler ins £35
Elec £36 (recently switched (Gsand Leccy)from LondonEnergy to Powergen using uswitch)
Telephone incl mobile £104 (Ntl £25per month but always seem to go over cos use land line to call mobs instead of using the mobile. Mobile fixed cont till august @£30 p/m but am looking into reducing tariff today.plus i use up all my free mins so end up paying more!)
Tv licence £10
sky £66 (reducing sky pack end of june)
Internet bb £17.99 cheapest in area
Childcare £270 (half the cost of nursery)
Life ins £23.02
Fuel not surebut amount £70
Car ins £36
Tube travel £145
Food again quite sure as don't budget!! but around £150
Child sponsorship £18
Hair and nails £90!!! ( i know, iknow that has to go!!Am of african descent so hair has to be done regulary!!)
Kids trust funds £130
Total:1412.28
Right now my incoming is:
salary take home £1665
Child benefit £116
Tax credit 40.25
Total 1821.25
My debts are
nationwide O/d £1750 not paying anything back yet
nationwide loan £13737 left originally £14000 paying £235. (6.7% till 2011)
egg cc owe £5207 0% has expired now on 15.9% currently pay min which is about £77
Mint 0% untill 11/06 owe £1811. pay min which is approx £42
Phew! Well thats it all laid out in black and white. I accumulated all of this in 3yrs!
I have an appointment booked with CCCCs in a fortnight and have applied for a Step Account from natwest.
i have also applied for an IF cc to transfer the egg balance to a low rate for the life of the transfer (4.95). however they have only given me a credit limit of 2700. I aim to transfer that amount once i recieve the card.
I will tell my husband about my position but want to set certian things up first as he is under alot of stress with other things at the moment.
Advice greatly appreciated and urgently required! am determined to be debt free asap!!
S
Ta v much
I was introduced to this site by a friend.
I have acquired a huge amount of debt within a very short space of time!
I'm married with 2 children but my husband is not aware of the amount of debt I have. To be honest neither did I until I did the SOA!!
I work fulltime. I don't pay the mortgage my hubby does that so the items below are what i'm responsible for:
Thames water £46.26
C/T £129
Gas £36
Appliance and boiler ins £35
Elec £36 (recently switched (Gsand Leccy)from LondonEnergy to Powergen using uswitch)
Telephone incl mobile £104 (Ntl £25per month but always seem to go over cos use land line to call mobs instead of using the mobile. Mobile fixed cont till august @£30 p/m but am looking into reducing tariff today.plus i use up all my free mins so end up paying more!)
Tv licence £10
sky £66 (reducing sky pack end of june)
Internet bb £17.99 cheapest in area
Childcare £270 (half the cost of nursery)
Life ins £23.02
Fuel not surebut amount £70
Car ins £36
Tube travel £145
Food again quite sure as don't budget!! but around £150
Child sponsorship £18
Hair and nails £90!!! ( i know, iknow that has to go!!Am of african descent so hair has to be done regulary!!)
Kids trust funds £130
Total:1412.28
Right now my incoming is:
salary take home £1665
Child benefit £116
Tax credit 40.25
Total 1821.25
My debts are
nationwide O/d £1750 not paying anything back yet
nationwide loan £13737 left originally £14000 paying £235. (6.7% till 2011)
egg cc owe £5207 0% has expired now on 15.9% currently pay min which is about £77
Mint 0% untill 11/06 owe £1811. pay min which is approx £42
Phew! Well thats it all laid out in black and white. I accumulated all of this in 3yrs!
I have an appointment booked with CCCCs in a fortnight and have applied for a Step Account from natwest.
i have also applied for an IF cc to transfer the egg balance to a low rate for the life of the transfer (4.95). however they have only given me a credit limit of 2700. I aim to transfer that amount once i recieve the card.
I will tell my husband about my position but want to set certian things up first as he is under alot of stress with other things at the moment.
Advice greatly appreciated and urgently required! am determined to be debt free asap!!
S
Ta v much
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