determined to be debtfree!

debtfreewannabe321

JULY TARGETS

Weight Loss- 0/6lb
Savings- 350/ 570
To use all vibro plate sessions before they run out - 1/8
NSD - 2/7
LSD- 0/7
Grocery Budget- 68.08/250


Well Transferred some money into savings today, tax credits were paid and so was child benefit so i have put it all over (and a bit left from wages) to contingency & school fees. Have enough left for food next week and 'just in case' money for the weekend.

Used a vibro plate session last night. and another NSD here today, went to nursery this morning but DS2 is ill with teething ( i think) has a temperature and snotty nose and all cuddly. poor thing. So back frmo playgroup and sat in garden where there is a nice wind and shady

DFW xx

Oh and am excited to say am nearly at my first target of savings!!! for the contingency fund :T hopefully next week i will finish this! Must get all paperwork together too as CCCS want that review done oops only just remembered!

debtfreewannabe321

Ok spent the evening collecting my SOA details so i can call CCCS up to revise my incoming / outgoing on their system........here it is -and with all the changes i have made to grocery budget etc i seem to have a lot of surplus each month so think my payments will be upped tomorrow, meaning i will have less going into my savings each month but more off the debt so debt free quicker

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1447.58
Partners monthly income after tax....... 0
Benefits................................ 188
Other income............................ 350
Total monthly income.................... 1985.58
Monthly Expense Details
Mortgage................................ 217.3
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 40
Mobile phone............................ 45
TV Licence.............................. 12.38
Satellite/Cable TV...................... 40
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 60
Petrol/diesel........................... 180
Road tax................................ 20
Car Insurance........................... 35.38
Car maintenance (including MOT)......... 20
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 28
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
pocket money..............................80
Buildings insurance..................... 10
Contents insurance...................... 10
Life assurance ......................... 40
Other insurance......................... 26.82
Presents (birthday, christmas etc)...... 40
Haircuts................................ 0
Entertainment........................... 100
Holiday................................. 50
Emergency fund.......................... 50
school fees.................................150
Total monthly expenses.................. 1614.88

Assets
Cash.................................... 2000
House value (Gross)..................... 115000
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 117500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 105000...(217.3)....0
Total secured & HP debts...... 105000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
ALL-CCCS payment...............14500.....295.......0
Total unsecured debts..........14500.....295.......-

Monthly Budget Summary
Total monthly income.................... 1,985.58
Expenses (including HP & secured debts). 1,614.88


Can you think of anything else i have forgotten....I have savings each month because I am on a DMP therefore not allowed any sort of credit, i.e overdraft, loan, cc etc so i have to foresee all expenses that might crop up so have started the contingency fund, plus a school fee fund, a car tax fund, and also a holiday fund for next year. So i won't be able to cut back on those anymore.

Looking to cut down that phone bill though :eek: it's quite shocking really!! esp, as i hardly use it ...need to wait until sky contract finishes still to deal with that and what we might do instead...err if you can see how else i could cut it down please tell

DFW x

debtfreewannabe321

total available for debt repayments is £370 so i will get it upped tomorrow

this might not seem much to people reading, but considering we were getting more in to debt each month up until jan this year i think it's quite an achievement

And just compared to my first SOA, i didn't have any contingency funds or savings plans for long term things like mot, tax, insurances & stuff.....outgoings might be more now but surely it has to be worth it (i hope lol) that i don't have a huge shock when it comes to that time of the year the car needs doing

choogirl

debtfreewannabe321 wrote: »

total available for debt repayments is £370 so i will get it upped tomorrow

this might not seem much to people reading, but considering we were getting more in to debt each month up until jan this year i think it's quite an achievement

And just compared to my first SOA, i didn't have any contingency funds or savings plans for long term things like mot, tax, insurances & stuff.....outgoings might be more now but surely it has to be worth it (i hope lol) that i don't have a huge shock when it comes to that time of the year the car needs doing

Hi DFW, £370 is an amazing amount to be paying back, I was only paying £475 per month on ours so its really good!

Theres nothing on your SOA for haircuts, council tax or water though.

debtfreewannabe321

choogirl wrote: »

Hi DFW, £370 is an amazing amount to be paying back, I was only paying £475 per month on ours so its really good!

Theres nothing on your SOA for haircuts, council tax or water though.

thanks choo :T

Oh and forgot to add, water, council tax & rent are taken out of DH's wages before we get them so i never added them in!

Haircuts comes out of entertainment or pocket money. but TBH they are rare, i usually cut my own, it's only ds1 and dh that insist on going to barbers (i must be terrible haha)

debtfreewannabe321

Wednesday

Today I am aiming to get all this done:

• [STRIKE]checking online bank [/STRIKE]
• [STRIKE]calling CCCS- need to do a budget review[/STRIKE]
• putting more washing away
• sorting through the food cupboard today, going to throw out any sauces etc that are well out of date (came across one last night 2009 and was disgusting inside yuk)
• tidy front room
• do surveys
• aim for a NSD or a LSD
• use up a vibro plate session
• get dinner from the freezer
• make salmon, new pots & green beans with salad for dinner.
• savoury rice for lunch (low fat one) yoghurts (low fat) for snack or bananas
• i WILL drink 8 glasses of water today (will include my peppermint tea in this amount too) (1 down)
• Will get an early night, i'm sure it helps with weight loss to get enough sleep. and i most def am not recently thanks to kids!
• will walk to post office to top up my post office card for my car tax
• then walk to drs to put in my prescription
• and walk back home (no cheating with a bus haha) total walk should be about 2 miles
• will use a vibro plate session later on when kids are napping or in bed (ds1 will look after them)

not much.......but i am exhausted thanks to ds2 not being well yesterday and last night and therefore not sleeping *yawn* had about 5 hours sleep!!!!!

Anyway need to get up and do some of these jobs before i pass out on the sofa :rotfl:

Oh and does anyone know how you claim for the sun hols without actually buying the newspapers and cutting out the tokens???

debtfreewannabe321

oh and forgot to add, cccs didn't change payments so means i can squirrel away some more savings before it goes up...


And just checked quidco, since feb have had £40 paid back to me and £25 due to be paid! Why did I never know about cashback before!!! lol

debtfreewannabe321

• [STRIKE]checking online bank [/STRIKE]
• [STRIKE]calling CCCS- need to do a budget review[/STRIKE]
• [STRIKE] putting more washing away[/STRIKE]
• sorting through the food cupboard today, going to throw out any sauces etc that are well out of date (came across one last night 2009 and was disgusting inside yuk)
• [STRIKE] tidy front room[/STRIKE] completely de-cluttered it :j and have bags of stuff to take to charity shop!
• do surveys
• [STRIKE]aim for a NSD or a LSD[/STRIKE] spent 30p on a newspaper for holiday token
• [STRIKE]use up a vibro plate session[/STRIKE] legs are aching now lol
• [STRIKE]get dinner from the freezer[/STRIKE]
• [STRIKE]make salmon, new pots & green beans with salad for dinner[/STRIKE]. was yummy
• [STRIKE] savoury rice for lunch (low fat one) yoghurts (low fat) for snack or bananas[/STRIKE]
• i WILL drink 8 glasses of water today (will include my peppermint tea in this amount too) (4 down)
• Will get an early night, i'm sure it helps with weight loss to get enough sleep. and i most def am not recently thanks to kids!
• [STRIKE] will walk to post office to top up my post office card for my car tax[/STRIKE]
• [STRIKE]then walk to drs to put in my prescription[/STRIKE]
• [STRIKE] and walk back home (no cheating with a bus haha) total walk should be about 2 miles[/STRIKE]

debtfreewannabe321

JULY TARGETS

Weight Loss- 0/6lb
Savings- 350/ 570
To use all vibro plate sessions before they run out - 2/8
NSD - 2/7
LSD- 1/7
Grocery Budget- 68.08/250

slm6002

sorry if it obvious but who is helping you deal with you debts other than this lovely site - thinking that this is probably the way i am going to have to go. Are they good in your opinion?