mz_grims' debt free (and savings) diary

mz_grim

ok will try thanks

Want_to_be_free

Hello, you seem to be doing very well motivating yourself so I thought maybe I will give you a little hand...Well done so far...:beer:

MSE is so addictive that I cannot think anything else but reduce my debt, save money, look into better and cheaper ways to do things...

We all have to compromise in our lives and we all have different reasons why we are in debt but we also have one aim - to get out off the vicious circle … Well done again, I will be enjoying reading your diary, if nothing else , just to see the aussie way (Joking lol)

mz_grim

Well here it is my SOA, hmm thats an eye opener defenatley dont have that much left over at the end of each month however I dont have access to OH account, he just gives me money each payday for rent and bill what ever is left over is for him to do with what he wants. Which I dont mind but I am keeping $50 of what he gives me in a savings account to go towards paying off his credit card. (Please remember that this is in $AUD so might look a lot more expensive):o

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 2
Monthly Income Details
Monthly income after tax................ 2100
Partners monthly income after tax....... 2100
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 4200
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 110
Rent.................................... 1018
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 120
Gas..................................... 70
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 0
Mobile phone............................ 330
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 100
Groceries etc. ......................... 300
Clothing................................ 50
Petrol/diesel........................... 200
Road tax................................ 200
Car Insurance........................... 0
Car maintenance (including MOT)......... 70
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50
Haircuts................................ 20
Entertainment........................... 150
Holiday................................. 0
Emergency fund.......................... 50
Regular Savings......................... 200
Total monthly expenses.................. 3108

Assets
Cash.................................... 11383
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 13000
Other assets............................ 0
Total Assets............................ 24383

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 0........(0)........0
Hire Purchase (HP) debt ...... 4000.....(110)......0
Total secured & HP debts...... 4000......-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Commonwealth CC................1000......25........19.99
Westpac CC.....................5500......70........18.99
Car Loan.......................16000.....430.......0
Total unsecured debts..........22500.....525.......-

Monthly Budget Summary
Total monthly income.................... 4,200
Expenses (including HP & secured debts). 3,108
Available for debt repayments........... 1,092
Monthly UNsecured debt repayments....... 525
Amount left after debt repayments....... 567
Personal Balance Sheet Summary
Total assets (things you own)........... 24,383
Total HP & Secured debt................. -4,000
Total Unsecured debt.................... -22,500
Net Assets.............................. -2,117

Thank you for your kind words want_to_be_free i have really been enjoying reading your diary as well

mz_grim

Well I know I shouldnt have opened my mouth earlier work was more than hetic tonight from one end of the earth to the other... well at least im home now and not out there in the horrid cold and wet weather we have been having. Another NSD for me 4 in a row now also 4 days without smokes yay..

mz_grim

mz_grim

Well its that time of the day again today, almost time for work but its my last night on then 4 off thank goodness, im gonna need it. This time next week it will be pay day must start next months budget and meal planner. Have got most of it worked out in terms of budget just need to see exactly how much I get paid as it varies quite a lot from fortnight to fortnight. Oh and my last payment for my gym membership comes out next week so thats another $98 a fortnight that I have to work out where to put it (hmmm wonder what ill do with that).

mz_grim

Want_to_be_free

I really like the way you are keeping $50 of what your OH gives you in a savings account to go towards paying off his credit card. Does he know that or will it be a nice surprise?

Sleepless nights ah that is my problem...

mz_grim

Hey WTBF no he doesnt know im doing it so it will be a suprise. Sleepless nights know all to well as i work night shift lol (im a security officer) so used to sleeping when the sun is up lol.

mz_grim

Well Its another day almost over here and its been another NSD for me that makes 5 now. However I know that tommorow isnt going to be one as I need fuel in the car and im going to meet a friend for luch but will be nice to catch up with the real world, a lot of my friends dissapeared when I started working night shift they just couldnt get the fact that I couldnt go out every night and that normally I was to damn tired to that and working the hours of a vampire can make you rather antisocial lol. Hope everyone is well

mz_grim

mz_grim

Morning everyone lol well it is here another $10 into the savings account today (see what quiting smoking does lol) and proud to report I have just been a week smoke free YAY. Thats $70 saved for the week, its not going to be a NSD today as I stated above, also need to buy a new packet of nicotine patches so thats another $30 odd that will be spent but better spending that for 1 week than buying a pack of smokes a day hey. Time sheets have to be in on sunday and then its payday wednesday, I know internet bill will be in buy then, have elec due this month not sure what date though as I so can not work out their billing system grr, seems to change with each bill. Also have both my and OH's phone bills. No gas this month, water should only be about $20-$30 and my last EVER gym membership DD comes out this pay, I should have cancelled that many months ago was so expensive and cos of my hours at work could only get there once or twice a week and the service I was getting left much to be desired. OH will also give me his money to cover bills and such when he gets paid on tuesday so thats another $200 odd that needs to be allocated, then there is the grocery shopping, will have to go and get a few bits before pay day (ran out of butter this morning) and some more meat to cook some meals to take to work as I am back on monday night.

mz_grim

mz_grim

Going to be a busy day today and more than likely tommorow as well, we have a rental inspection on monday (oh how I hate them) so that means a heap of cleaning, kitchen, and bathroom need a detail clean. Lounge needs sorting out (we dont have enough space for all our stuff, oh I so cant wait till we get our own place) and then have to try and hide all the sorted out stuff somewhere (who knows might just pile it in my car for the day lol) at least the agent cant winge then. Got to get up to date with the washing and of course what happens when I need to do that it starts raining grrr, and as the majority of it is work uniforms the tumble dryer will have to be used. The bed still needs stripping as I did not get around to this on my last lot of days off so might go and get that done in a few mins as the OH will be home soon and will want to go to bed. Yep looks like im in for a busy few days, hope all is well with everyone else.

ps. Just checked my ebay listing omg i am up to 3 watchers not bad for my first ever sale listing hey, item ends in just under 2 days will be interesting to watch the progress from here lol.

mz_grim