A year to 40 and a new life.

Desperate_to_be_debt_free

Happy Birthday 365days, hope you've had an enjoyable day and managed to find the patches and stay off the cigs.

365days

Bonanza shopping today.

12 bananas, 6 tea cakes, 12 rolls, 4 fruit scones, kilo of carrots, punnet of grapes, 2 croissants Grand total of 80p Just love yellow stickers!-mostly frozen-croissants eaten!

I won't talk about cigarettes:o

Gathered lots of tat for the carboot Sunday.

Friend coming to stay tomorrow who is lending me £20 so have to make sure I make at least that.

Had Ds's friends mum pop in, talking about how skint they were and then proceeding to tell me about the £80 light fitting she had just bought - definately one persons skint is another persons well off!

Hey ho- Have some plants and handmade cards to sell at the carbooty too, not loads but will hopefully bring in a few quid.

Tax credits in on Monday and payday next Friday. I never want to be living like this again!!

savingholmes

Happy Birthday!

Hope the car boot sale goes well

365days

http://www.thisismoney.co.uk/mortgages-and-homes/tips-and-guides/article.html?in_article_id=495154&in_page_id=53957&in_advicepage_id=169

Just parking this here so I know where it is!

mum2one

365days wrote: »

Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 699
Partners monthly income after tax....... 0
Benefits................................ 440
Other income............................ 0
Total monthly income.................... 1139
Monthly Expense Details
Mortgage................................ 254 Interest only
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 86 is that with single person discount, could you ask to pay it over 12 months and not 10, are you entitled to any deductions?
Electricity............................. 64 Combined Gas and electric -Thats not bad, but as they say theres always room for improvement!! simple things are the ones we tend to ignore, - leaving lights on, chargeing phones, laptops etc, leave on too long, tv etc on Standby
Gas..................................... 0
Oil..................................... 0
Water rates............................. 38
Telephone (land line)................... 17 Including TV And Broadband...proud of that one!
Mobile phone............................ 20 July I can get out of the contract - Yipee- It may be worth looking at sim only deal, go via cashback sites or pay and go, you still get some good deals.
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 20- My son is an ever growing giant. I rarely buy stuff. - I know that feeling with dd!
Petrol/diesel........................... 80 I should and I must and I will start claiming some of this back from work.
Road tax................................ 10
Car Insurance........................... 23 - Not bad, but at renewal shop around and cash back sites
Car maintenance (including MOT)......... 25 (I don't put this away. Have I learnt nothing! And just been stung for a bill of £330) Ah - so guess this is a "I WILL PUT £25 AWAY!!"
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 20 Occasional childcare averages out as about this.
Other child related expenses............ 20 I give him £20 a month - Owe him £40 though...the idea is that he has his own money and I pay for nothing non essential. - Sorry to ask how old is he, that is a area that needs a nice mother/ son chat!!
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0 I have 4 pets....living on the edge here!
Buildings insurance..................... 15 Combined with contents. - Thats brillliant price
Contents insurance...................... 0
Life assurance ......................... 0 When I die son can have the equity!
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30 - Not a bad sum, but think of cutting back the list, look at moneysaving, thrify gifts, santas challenge thread for ideas how tocut back
Haircuts................................ 10 Twice early cut and colour for me. Every other month for DS...Cut not colour! - Would it be cheaper to go to student night at a local college,
Entertainment........................... 140 This is the shocking and probably underestimated amount I spend on fags. Shocking. I've tried...I will try again. - This is the major downfall, but your half way there by realising it.
Holiday................................. 8 I have a £2 savings pot...probably averages out as this.
Emergency fund.......................... 10 Just been totally raided.........
Total monthly expenses.................. 902

Assets
Cash.................................... 0
House value (Gross)..................... 145000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 146500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 87000....(254)......0
Total secured & HP debts...... 87000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Barclaycard....................4500......100.......6.9 - is this apr a life of balance
Halifax credit card............2500......25........6.9 - ditto as above
OD x2..........................1600......0.........19 - Your not paying anything towards the Ods, are they both zero %
Total unsecured debts..........8600......125.......-

Monthly Budget Summary
Total monthly income.................... 1,139
Expenses (including HP & secured debts). 902
Available for debt repayments........... 237
Monthly UNsecured debt repayments....... 125
Amount left after debt repayments....... -82 - that should be plus £82
Personal Balance Sheet Summary
Total assets (things you own)........... 146,500
Total HP & Secured debt................. -87,000
Total Unsecured debt.................... -8,600
Net Assets.............................. 50,900

Hi

I know the 39 feeling, I hit that on 31st March, single parent, 1 dd aged 8, had intended to start the last yr of 30 something with a bang....... came onto my 30s with a bang.... (memories of running around a hotel in Tunisia dressed as a st trianians, my friend was a fairy, another girl an devil)..... so thought go out with a bang..... 31st March due to fly to Tunisia 2 weeks, land back on 14th April, then I was going to Cuba..today...great plan....but dd comes down with chicken pox 2 days before we were due to fly, so holiday cancelled, now I'm waiting for a call to say I can go to airport.... but travel agent said as its over12hrs - I can treat it as a cancellation!!

Digressing, sorry, I've just put a few thoughts in your SOA, the main thing would say is keep a spending diary, and see where the money goes whether is 50p pack chewing gum or £4 for that magazine.

Claim back what you can from work,its your money that your owed. The good thing is by your soa your +82 at the end of the month, thou whether like me this is a mystery and goes into thin air I don't know.

We're both on the debt free challenge, thou know mine go past my 40th, estimate Dec 2015!! xx

mum2one

Really called the money saving thought for car booting, get someone to come with you who wants a table, when you park the car instead of parking the standard way with Boot up, park sideways, so you have the full length of the car, you can get 2 tables (1 each), and claim a bit of extra space at the side (blanket down), that way when the organiser comes round, crack on your selling for 1 person, (unlikely to query it anyhow), that way you have company for the carboot, and only have to pay half the fee!
xx

365days

Hi Mum2one...similar life stages, ages, kids etc. Good to have you aboard.

The worse thing is that since having my LBM in Oct 2008 I paid back 4k. I'm now only about £500 better off than October 2008. So of that 4k i paid back I've spent £3.5k of it again. I am so cross with myself about it I cannot tell you. I have always had a savings account for my DS...(8 too) in my name but really for his future. I had to raid that the other day for paying back an over draft. So really more in debt than my SOA says as I want to get that account back to what it was-there's no rush for this though.

I asked A and L to increase my overdraft by £150 and they said no!

I am going to think of reducing my hours of my job so I can do it over 3 days. Then I will have 2 days a week free to do Supply Teaching.

Sorry about your hols Mum2one...but can I ask...how do you afford them????

I bet the whole volcano stuff will be disrupting everything for you too....hope you get to Cuba.!





If I am £82 in credit a month It is doable....I had forgotten to put in food and other bits to my SOA so did a bit of adding/subtracting late at night hence coming up with a -£82.

mum2one

Hi
Would love to say i have a lovely rich toyboy, but no such luck, in all honestly this yrs holidays were from compensation from 2 accidents. The money side of me said pay off debts, but then after remembering what happened, the worst fell on a bag of sugar in supermarket, fell a cropper, (already on crutches), when I spoke to the cashier, she said yes I saw that couldn't be bothered to do anything

so the holidays were meant to be a luxury, normally its a week in Devon with my parents paying.... it has some advantages (cheap), but a pain as sometimes want to scream need some space!!

Think the new plan will be go somewhere over the winter, I've got OU courses going onto November,

Oh heck sorry about the added extras on the SOA,

Guess then its teaching you do, if you dropped to 3 days, could you literally guaarentee the supply teaching, just thinking if it comes in spurts?

Have you thought of writing reviews on Dooyoo, they pay 50p per review accepted, then if someone looks or reads it you get 1 1/2p, they pay out £20 for amazon vouchers, or £50 for cash, theres quite a few of the ladies do it on the xmas thread, for the 1st month you can only do 5 reviews a day,
imagine
5 days x 5 reviews = 25 a week, £2.50 a day = £12.50,
each review gets read 10 times = 15p x 25 reviews = £3.75

week - £16.25
x 10 weeks - £160.25 - good wack towards xmas / bday / chunk off overdraft. xx

bugbabe1970

Hi 365days

I had my 40th on the 2nd of April, so I know where you are coming from with regards to getting your life sorted. Its taken me almost 10 years to get my life back on track!
When I had my 30th birthday I had 2 small children, was pregnant with my 3rd, my husband had lost his job and we were about to become bankrupt. I sat down and cried on my birthday.This year I celebrated with a weekend away with hubby and friends in The Celtic Manor and I also shed a few tears. Tears for the loss of my darling dad at xmas and tears of joy as i realised i had survived the hardest 10 years of my life. I lost my house, my husband had no job and we were penniless, thankfully that is all behind me now and there is light at the end of the tunnel and you must believe in yourself and your dreams.
Good luck on your journey.
Sorry for rambling x x x x x x

Souk08

Just popped on to say good luck and give up the fags!!! Also have you looked at the Old Style board to see if you can cut down the food spends any? They're not bad at all but even if you could shave a fiver a week off then you could have a wee twenty extra there X