Adi's debt free diary!

adiwood

I have paid off Credit Card 3!

I hated having that random £136 all one it's own so decided to pay it out of my overdraft to clear it!

Kind of robbing Paul to pay Peter, but it feels good :j

angelicmary85

Hope you padded the payment :rotfl:

adiwood

angelicmary85 wrote: »

Hope you padded the payment :rotfl:

But I havn't paid off any money.... just moved the debt

angelicmary85

I only read the bit that said 'paid off cc 3'

Have you posted up your SOA recently?

adiwood

Will post one soon.

Have changed my electricity for Scottish Power to E.on so hopefully I will have some money tracking soon, a refund from SP as in credit and a free energy monitor which will help to monitor my usage over winter!

adiwood

Now doing slicethepie.... only 3p a track, but trying to do as many as I can before I make a withdrawal!

adiwood

Here is my statement of afffairs. Some months I will have alot more left over than this and some months I wont.

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1333
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 100
Total monthly income.................... 1433

Monthly Expense Details
Mortgage................................ 465
Secured/HP loan repayments.............. 193
Rent.................................... 0
Management charge (leasehold property).. 55
Council tax............................. 79
Electricity............................. 30
Gas..................................... 0
Oil..................................... 0
Water rates............................. 10
Telephone (land line)................... 10.5
Mobile phone............................ 18
TV Licence.............................. 12.13
Satellite/Cable TV...................... 0
Internet Services....................... 7
Groceries etc. ......................... 75
Clothing................................ 15
Petrol/diesel........................... 80
Road tax................................ 11
Car Insurance........................... 54
Car maintenance (including MOT)......... 17
Car parking............................. 5
Other travel............................ 5
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 5
Pet insurance/vet bills................. 6
Buildings insurance..................... 0
Contents insurance...................... 4
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 4
Entertainment........................... 10
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1180.63


Assets
Cash.................................... 10
House value (Gross)..................... 95000
Shares and bonds........................ 0
Car(s).................................. 7000
Other assets............................ 0
Total Assets............................ 102010


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 92300....(465)......3.09
Secured Debt.................. 4800.....(193)......10.5
Total secured & HP debts...... 97100.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
1..............................1800......58........0
2 .............................765.......5.........14.89
Overdraft......................500.......0.........15
Total unsecured debts..........3065......63........-


Monthly Budget Summary
Total monthly income.................... 1,433
Expenses (including HP & secured debts). 1,180.63
Available for debt repayments........... 252.37
Monthly UNsecured debt repayments....... 63
Amount left after debt repayments....... 189.37

Personal Balance Sheet Summary
Total assets (things you own)........... 102,010
Total HP & Secured debt................. -97,100
Total Unsecured debt.................... -3,065
Net Assets.............................. 1,845

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using other browser.

adiwood

Looking over my SOA I can't find anything were I could save money but at least I have a surplus.

This month is going really well for me, and if I carry on like this I will smash my target for the end of this month! :-)

I am going to have to balance transfer the biggest credit card soon as the interest free period runs out! :-(

Not else much to report today - boring!

adiwood

Hi all,

Had a good week really... only spent £13.80 in cash this week as follows.

£9.29 on shopping
£2.50 on lunch at work
£2 on Euromillions

Was going to go to Tesco on the way home, but then decided I will cope with what I have got this weekend and go next weekend. Aiming to have two NSD's this weekend and try and make some money putting things on Ebay, doing free Bingo and scratchies.

Currently I have £231 left this month, after taking out car loan so hoping to smash my target this month!

adiwood

Just checked Top Cash Back and my £27.64 for my electricity change over is now tracking. :-)

Not much else done today, although bought some things on the internet tonight for xmas presents.

Going to get around the flat and list as much as I can on Ebay tomorrow.