SOA, ummm

nuttylou

Pitlanepiglet wrote: »

At £20k you'll bring home around £1300 after tax/NI, this site is really useful http://www.thesalarycalculator.co.uk/salary.php

This is basic though as it is not including any extra bits like nights or weekends etc etc...its usually a little bit higher than that. I know a good few midwives.

After the 1st year it will rise to £24-26k and I can work bank if necessary to top up income.

I will also be entitled to working tax creds which I am not now.

OH will be able to go back to work shortly after me & his income is about £20k before tax

smartpicture

Debt_Free_Chick wrote: »

Nuttylou

It sounds as though you think this is "your" problem.

Is that so?

How do you feel about all of this?

I have to agree with this comment. It comes across as though you are the one considering all the options, you are the one making all the adjustments, you are the one facing up to the situation and dealing with it. Now that may be completely wrong, but that's the message we're hearing.

Nothing against your OH, just that it really needs both of you pulling in the same direction to move forward with this, and he's probably got more time to make the kind of small adjustments that might make a big difference.

jw2003

OrkneyStar wrote: »

Added some comments ?
Petrol/diesel........................... 80 this seems high with only one of you working!
Road tax................................ 31.6 for 2 cars
Car Insurance........................... 133.63as above ridiculous!
Car maintenance (including MOT)......... 16.6as above
Car parking............................. 0!

I don't agree, £80 is one tank of fuel per car per month, if that, I drive a modest 7 seater and it's less than 2 tanks for me

Is there anyway you can downsize/downgrade both your cars? I can appreciate the need for a 7 seater with 6 children some of the time but they can be very heavy on fuel, road tax and insurance. A small car with 3 proper seat belts in the back should serve your needs most of the time and cost half as much to keep and maintain.

nuttylou

jw2003 wrote: »

I don't agree, £80 is one tank of fuel per car per month, if that, I drive a modest 7 seater and it's less than 2 tanks for me

Is there anyway you can downsize/downgrade both your cars? I can appreciate the need for a 7 seater with 6 children some of the time but they can be very heavy on fuel, road tax and insurance. A small car with 3 proper seat belts in the back should serve your needs most of the time and cost half as much to keep and maintain.

We dont all fit in a 5 seater as there are 6 of us, 2 adults, 4 kids? We have a V reg zafira and a R reg daewoo lanos so they are not extreme cars?
If we were to downsize the zafira then it would mean we would have to take 2 cars to visit family or go anywhere as a family which would defeat the object really?
My partner collects 1 child every other weekend from 40 minutes away, we have 2 absent children so alternate weekends as it is as we cannot fit 8 of us in the car. The petrol is for my placement to n fros, collecting the children and daily usage etc...

Pitlanepiglet

nuttylou wrote: »

This is basic though as it is not including any extra bits like nights or weekends etc etc...its usually a little bit higher than that. I know a good few midwives.

After the 1st year it will rise to £24-26k and I can work bank if necessary to top up income.

I will also be entitled to working tax creds which I am not now.

OH will be able to go back to work shortly after me & his income is about £20k before tax

I appreciate that, I'm just pointing out that your income now is actually pretty good by many people's standards and that once you qualify your basic income isn't going to be the magic bullet that you give the impression that you think it will be. Yes you'll get overtime and everything else but your basic income will be quite a lot less than it is now although your tax credits may balance some of that

You seemed to think that your current income was equivalent to £21k which it isn't by the time you take tax into account.

I hope you work it all out, but I also think it sad that this appears to be so much "your " problem and that your partner doesn't seem to be on board with you. You seem so reluctant to make any changes and I just fail to see how things are going to get better for you in the short term?

I guess it frustrates me because I've been in your position thinking that life will get better when I qualified (different field) but by that time I had built up so much debt that things weren't any better....they were worse because I'd lived in some sort of fantasy land convincing myself that I could spend today because things would be better tomorrow.

Good luck

nuttylou

Pitlanepiglet wrote: »

I appreciate that, I'm just pointing out that your income now is actually pretty good by many people's standards and that once you qualify your basic income isn't going to be the magic bullet that you give the impression that you think it will be. Yes you'll get overtime and everything else but your basic income will be quite a lot less than it is now although your tax credits may balance some of that

You seemed to think that your current income was equivalent to £21k which it isn't by the time you take tax into account.

I hope you work it all out, but I also think it sad that this appears to be so much "your " problem and that your partner doesn't seem to be on board with you. You seem so reluctant to make any changes and I just fail to see how things are going to get better for you in the short term?

I guess it frustrates me because I've been in your position thinking that life will get better when I qualified (different field) but by that time I had built up so much debt that things weren't any better....they were worse because I'd lived in some sort of fantasy land convincing myself that I could spend today because things would be better tomorrow.

Good luck

My income now is NOT taxable as it is made up of a bursary, tax creds and child benefit.
It isnt just my problem no and my partner is supportive and helpful thankyou. I am sorry if it comes across as different but its pretty hard to put joint commitment onto a screen!
He is putting some bit on ebay as we speak. Just because he doesnt like certain foods etc does not make him unsupportive.
My income will be alot better once I have qualified, maybe not the 1st year but it will be after that.
I will get extra income for working nights/weekends as a part of my regular income not overtime but they are not paid as a basic due to it being shift work and they dont know what shifts youll be doing from month to month.

Im not on cloud cukoo land thankyou very much and I appreciate the comments that people have made, however my situation is not dire and I am not 'building' up a credit debt each month so how will it be much higher when Ive qualified?

I am well aware of my debts and once my rent is paid off that contribution shall be paid to them. It will be paid off within 2 months so not too long to wait is it. So my head is not buried in the sand it is far above the water.

makeup

Is your landlord a social landlord (council or Housing Association or other RSL?)

Most will accept fairly low payments and there is no interest on this debt.

If you have a forthcoming court date for posession they will probably be planning on requesting suspended possession with a court order for a certain amount (normally current rent + £x per week) If you then stick to this figure they won't take further action.

I'm just saying this because landlords like regular payments. Make sure your payments are realistic.

nuttylou

makeup wrote: »

Is your landlord a social landlord (council or Housing Association or other RSL?)

Most will accept fairly low payments and there is no interest on this debt.

If you have a forthcoming court date for posession they will probably be planning on requesting suspended possession with a court order for a certain amount (normally current rent + £x per week) If you then stick to this figure they won't take further action.

I'm just saying this because landlords like regular payments. Make sure your payments are realistic.

Hi makeup,

Yes it is a housing association. I have been paying £100 per month no probs but because I missed a payment in December as my cooker broke down and I needed to buy a new one after trying freecycle with no luck and none for sale 2nd hand in my area at the time.
I am paying £450 0ff this month so far Ive worked out plus my £200 towards my normal rent- I get £300 housing benefit for the rest.
Thankyou for the advice, it is very helpful x

jw2003

nuttylou wrote: »

We dont all fit in a 5 seater as there are 6 of us, 2 adults, 4 kids...

Of course there is, sorry about that :doh:

Pitlanepiglet

makeup wrote: »

Is your landlord a social landlord (council or Housing Association or other RSL?)

Most will accept fairly low payments and there is no interest on this debt.

If you have a forthcoming court date for posession they will probably be planning on requesting suspended possession with a court order for a certain amount (normally current rent + £x per week) If you then stick to this figure they won't take further action.

I'm just saying this because landlords like regular payments. Make sure your payments are realistic.

Sounds like the HA already had a SPO and the terms haven't been kept to because there really was a need for a brand new cooker. They'll be pushing for enforcement of the Order, I doubt they'll get it. I used to deal with some of these hearings, the RSL never got possession. I never saw so many designer clothes as at those hearings!

OP, I'm not sure why you posted your SOA, as far as you are concerned there are no areas (sorry other than groceries) in which any savings can be made or any areas that you are prepared to consider yet you already have an SPO and you are facing further court proceedings with the additional costs that these bring.

I feel a bit like Catherine Tate - "whatever!"....