Since my last thread was so rudely sabotaged

itsarichmansworld

I need to start again

Please BT_ Man stay off this.


Monthly Incomings:

My salary -£1300 can range to £4k at xmas. (will use xmas money to pay big lumps off promise!)
Partners salary - £1000 again can be more we're on commission

Total - £2300 (average)

Monthly Outgoings:

Mortgage - £220 Saving grace tiny mortgage
Council Tax - £105
Gas - £50
Electric - £50 Big old tenement flat this is on its way down though.
TV License - £10
Sky £42 however have 3 months half price so only £21
Phone+ Broadband £35 talkalk and tiscali tied to tiscali for another 4 mons.Then get free talktalk broadband.
Food - £250 This included lunches at work etc I know I can save here.
Car Insurance - £100 over 2 cars me 2 years no claims hubby just passed his test. We work at different sides of the city and on different shifts It would take be 2 hours to get to work and cost more on buses.
Petrol - £150 between 2 cars My car a 1.1 OH a 1.3 already downgraded cars.
House Ins £30
Mobiles £50 1 contract each. This is for 2 phones needed for work
Comet Card £50 overpaying for new laptop as last pc was 5 years old and died, Lowest cost pc/laptop.
Gym £80 I know its a luxury but I used to be fat so I need this or I will get fat again cant give it up its a joint membership. Cheapst in our area £35 but longer to get to hence not worth the petrol
Capital one card £50
Fiat Loan £96
Cahoot Loan £200
Virgin Credit card £100
Black Horse £165
Smile Visa £30
LX direct £30
Total £1893


not including my overdraft £100 and cahoot overdraft @ £1000.

Any Ideas how to make extra cash I work 45 hours a week so have 2 days spare and evenings. Preferably from home?

We have separate accounts is it wise to get a joint account again we separated the finances to see if it would help and it doesnt I dont know what he has or what I dont have...

This is highly horrendous I didnt think it was this bad.

I know I am justifying my spending but help so obvioulsy needed but what I dont need is someone to personally attack me for my mistakes please dont judge me.

Thanks all in advance.

rog2

Better luck this time. Just remember to heed the advice - do not feed the trolls - and remember that you can a. report abusive posts, by using the red triangle, and b. set your 'ignore' button to ignore posts by persistent pia's.

CLAPTON

your SoA says that you have 307 per month spare....do you actually have this? if yes the great it can be used to pay off the debts;
if not then keep a spending diary to see where the money goes...maybe it goes on things like: going out, car tax/MOT/RAC/AA/servicing, clothes, the odd present/xmas expenses, haircuts, dental/medical/optical ..any holidays or weekends away, do you ever spend anything on the house/appliance replacement/breakdown/garden

what are the APRs of the CC and the terms of the loans?

ZTD

You may have missed Water Rates as well.

itsarichmansworld

ZTD wrote:

You may have missed Water Rates as well.

Luckily we dont pay water in Scotland thats in your council tax!


We do have this spare but I have no idea where it goes I'll keep a diary. I think it may have been our fag money Glad to say stopped now..... 4 weeks!

loulouloulou_2

:beer:
Hi... i've just started carrying around a little book with me and its amazing where all my spare cash is going - i truely didn't realise how much i get through... maybe this will help?!?!?

loulouloulou_2

:T :T

Plus....
If you like to go out, but obviously cant really afford to...like me.... i mystery shop!!!

You get to go out AND get paid for doing it!!!

Try https://www.retaileyes.co.uk

I promise i've been doing it for a few months and its great fun!

:T :T

calleyw

A couple of things to help save some money

Ditch the sky and get free view
Food is rather high if there are only two of you. Reckon you lop off £100 a month. I budget but don't alway spend £100 a month for two. We eat tuna or steak or salmon once a week. Don't eat ready meals and covers lunches as well Get over to moneysaving old style.

Petrol seems rather high even for two cars and being such small engines as well. My husband use to spend about £120 a month and that was with a 60 mile round trip to work everday in a 1.6L car and included all other running around as well.

Mobiles if they are used for work purposes then work should pay for them. Means you could then cut out and go to PAYG.

If you are able to get to cut the above from your budget that would save you an extra £170 a month.

You say about extra work but it is better to cut from your budget first and then think about another job if you still can't make it after you have made cuts.

All the best.


Yours


Calley

rog2

You could try renegociating your mobile contracts. A phone call can often work wonders. Last year, I asked O2 to cancel my contract and go on PAYG. Instead they offered me six months f.oc. and 50% loyalty bonus on a contract with 100 free mins and 100 free texts per month. I have been paying for 3 months after the 6 free months expired, but my highest bill has been £10.50 - This month £7.50.

itsarichmansworld

CLAPTON wrote:

your SoA says that you have 307 per month spare....do you actually have this? if yes the great it can be used to pay off the debts;
if not then keep a spending diary to see where the money goes...maybe it goes on things like: going out, car tax/MOT/RAC/AA/servicing, clothes, the odd present/xmas expenses, haircuts, dental/medical/optical ..any holidays or weekends away, do you ever spend anything on the house/appliance replacement/breakdown/garden

what are the APRs of the CC and the terms of the loans?

Not 100% on all aprs but roughly
Capital one card £50 29.9% £500
Fiat Loan £96 10% 23 Months £3000
Cahoot Loan £200 5.8% 4 years £8000
Virgin Credit card £100 14.9% £2000
Black Horse £165 7% 10 years:eek: £10000
Smile Visa £30 13.9% £630
LX direct £30 i
£130int free if I pay it off in 6 mons.

I have a sharesave due in 2008 that should pay at least £6k at best £10k we will use this to pay of Fiat Loan, And cahoot loan.

No major emergencies in all honesty just car taxes etc

itsarichmansworld

rog2 wrote:

You could try renegociating your mobile contracts. A phone call can often work wonders. Last year, I asked O2 to cancel my contract and go on PAYG. Instead they offered me six months f.oc. and 50% loyalty bonus on a contract with 100 free mins and 100 free texts per month. I have been paying for 3 months after the 6 free months expired, but my highest bill has been £10.50 - This month £7.50.

Will do!
:j