Floozie does Frugal 2010

moo2moo

Mmmm although I think Uggs Wellie girl may be a more appropriate admonishment. Confess away Floozie!!!!!

Intergalactic_Floozie

*waves nervously*

I haven't been near here in ages so you all know what I have been up to don't you?

Am having a nervous breakdown with 24 days left to payday and barely a penny left already.

Really need help and motivation. Credit cards are now up to (gulp) £7082.68 thanks to buying the car last month and putting road tax and car insurance on it.

Work situation looks bleak. My job is definitely redundant in the new structure however they haven't given us a date for when this will happen. There will be new roles I can apply for but I can't guarantee I will get one of those. My current wage is just shy of £20k, but I'm going to be lucky if I can get £17 for any office job in my home town, which will drastically reduce my income.

I went to a motivational talk disguised as a drama workshop at DS2 school where they tried to get you to follow your dreams by following the SMART principles, so I think I need to try and achieve that to my debts and over spending. Have to think about a SPECIFIC, MEASURABLE, ACHIEVABLE, REALISTIC, TIMESCALE kinda thing now. I guess I need to post an SOA to do that. I'll try and do that tomorrow.

Had two domestic disasters this month already and only got paid a week ago, a new car battery at £45, and a leak from the water tank at £50

Oh god, feel so glum.

Intergalactic_Floozie

moo2moo wrote: »

Mmmm although I think Uggs Wellie girl may be a more appropriate admonishment. Confess away Floozie!!!!!

I didn't buy them though.....:A

"Many people fail in life, not for lack of ability or brains or even courage, but simply because they have never organised their energies around a goal."

mooomin

You're back, you're back, you're back!!!!

Don't be glum. All things are achievable with a "right then, this just won't do" attitude.

We need a SOA immediately (And you need to send me a CV missus...!) and we will do what we can.

The best thing about MSE is that we all fall off the wagon but we support each other in getting back on.

*hug*

mooomin

intergalactic_floozie wrote: »

i didn't buy them though.....:a

Woo yay!

Olliegami

Good to hear from you again! Was worried you'd fallen off completely!

SOA to come, yes yes?

Verbatim

Have really missed you so it's soooo good to see you back.
Everything is do-able!

mooomin

Intergalactic_Floozie wrote: »

Really need help and motivation. Credit cards are now up to (gulp) £7082.68 thanks to buying the car last month and putting road tax and car insurance on it.

Oh god, feel so glum.

*adopts stern face*

Less of the glum. When you feel glum you buy stuff to make yourself feel better, but you know you can't afford it which makes you feel glum again. You need to be a Happy Positive Floozie

Now, for the motivation and help part.

You need extra cash so you can pay a little off the cards which will instantly make you feel like you're taking control.

I know you hate Ebay, but it's Free Listing Weekend (again!) so list ten things. Do more if you can, but start with ten. When you get the money you will feel as though you're doing something.

Look for old CDs/DVDs/games and list them for sale on Amazon or Music Magpie. Get the kids to help. If the worst happens with work you're going to have to get them used to having less money for treats. I know someone on here (I think it's millyscarlett) gets her girls to sell their old things on Ebay for school trips/treats which is a good habit to get the little blighters into!

How's the grocery budget looking, can we look into helping you cut that down? I'm ready with the red font for the SOA now

Keep posting, even if you're being a Bad Floozie. We'll keep you right!

moo2moo

Welcome back!!!! Confess away and get your positive head on.

Intergalactic_Floozie

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 2 (aged 14 and nearly 8)
Number of cars owned.................... 2 (2006 plate 2.2l engine / 2002 plate, 0.8l engine)
Monthly Income Details
Monthly income after tax................ 1201.07
Partners monthly income after tax....... 1163.46
Benefits................................ 176.76
Other income............................ 0
Total monthly income.................... 2541.29
Monthly Expense Details
Mortgage................................ 386
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 83
Electricity............................. 32
Gas..................................... 90
Oil..................................... 0
Water rates............................. 37.2
Telephone (land line)................... 63 (this is just what I pay to Virgin Media for everything inc Sky Sports)
Mobile phone............................ 65 (x 3)
TV Licence.............................. 12.12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 300 (including cat food, packed lunches x 4 of us, SW friendly)
Clothing................................ 70 (i don't actually spend this per month, just an average)
Petrol/diesel........................... 185
Road tax................................ 32
Car Insurance........................... 91.75
Car maintenance (including MOT)......... 90
Car parking............................. 0
Other travel............................ 3
Childcare/nursery....................... 0
Other child related expenses............ 62
Medical (prescriptions, dentist etc).... 7.2
Pet insurance/vet bills................. 0
Buildings insurance..................... 8.5 (try to pay for this annually)
Contents insurance...................... 8.5 (as above)
Life assurance ......................... 21.32
Other insurance......................... 30.86 (mortgage redundancy cover)
Presents (birthday, christmas etc)...... 70 (again, don't really spend this each month, it's an average)
Haircuts................................ 18.5 (usually we allgo every other month)
Entertainment........................... 60
Holiday................................. 0
Emergency fund.......................... 75 (don't put this much away but it seems a sensible amount)
Husband's pocket money (non negotiable). 200 (cigs, wine, still runs out of money 10 days before payday usually)
Tea fund at work........................ 4
Buy now pay later tumble drier.......... 12.5 (due September 2011)
Football Season Ticket.................. 20 (last payment March)
Windows................................. 6
Newspapers.............................. 13.6
College ................................ 120 (one more payment left for this module,will start again in Sept)
Total monthly expenses.................. 2278.05

Assets
Cash.................................... 500
House value (Gross)..................... 120000
Shares and bonds........................ 0
Car(s).................................. 3000
Other assets............................ 0
Total Assets............................ 123500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 77000....(386)......1.5
Total secured & HP debts...... 77000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................17000.....297.4.....9.9
HSBC...........................1936......48........0 (14 months left to run at 0%)
Halifax........................2068......21........12.9
Halifax........................3031......31........12.9
Total unsecured debts..........24035.....397.4.....-

Monthly Budget Summary
Total monthly income.................... 2,541.29
Expenses (including HP & secured debts). 2,278.05
Available for debt repayments........... 263.24
Monthly UNsecured debt repayments....... 397.4
Amount short for making debt repayments. -134.16
Personal Balance Sheet Summary
Total assets (things you own)........... 123,500
Total HP & Secured debt................. -77,000
Total Unsecured debt.................... -24,035
Net Assets.............................. 22,465

I have put in stuff for running costs of the car / house insurance etc but in reality I don't put any of that away.

Loan last payment is not til February 2015

Car dates:
My MOT: June 2011
My Road Tax: Feb 2011
My Car Insurance: Oct 2011
DH MOT: May 2011
DH Road Tax: Nov 2010
DH Insurance: Mar 2011

Snowball Calculator shows that the minimum payments will mean it's paid off in ten years! If I want to pay it off by the time the loan is due to finish that means I have to pay £170 per month, so that's £204 per month I actually need to 'shave off' my outgoings.