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Rip it up and Start Again

adsh02138
adsh02138 Posts: 6 Forumite
in Debt-free wannabe
Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Income from Employment (after tax). . . . . . . . . . . . . . . . . . . . . . . 1,733.33
Income from Self Employment (before tax). . . . . . . . . . . . . . . . . . . . 0.00
State Pension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Private Pension / Annuity Payout. . . . . . . . . . . . . . . . . . . . . . . . 0.00
Benefits (Inc. Child Benefit/Tax Credits & Income Support). . . . . . . . . . . 0.00
Income From Savings & Investments . . . . . . . . . . . . . . . . . . . . . . . 0.00
Gifts From Family / Friends . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Monthly Expense Details

In Your Home

Mobile Phone(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00
TV Licence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.00
Internet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Home Phone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Cleaning Products/Cleaner . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00
Garden Maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Household Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Oil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Electricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80.00
Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90.00
Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60.00
Council Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.00
Overdraft Cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Bank Account Fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Home Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Mortgage/Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750.00
Plumbing/Boiler Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Mortgage Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Mortgage Payment Protection . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Food and Household Shopping . . . . . . . . . . . . . . . . . . . . . . . . . . 160.00
Drinks for Home . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00

Motoring & Public Transport

Petrol/Diesel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32.50
Parking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Car Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.17
Car Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46.00
Car Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Rail/Bus/Taxi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119.17
Breakdown Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Debt Repayments

Credit Card Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Hire Purchase Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 99.00
Personal Loan Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 150.00
Car Loan Repayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Savings & Investments

Pension Payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Buying Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Mini Cash ISAs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Lump Sum Saving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Regular Saving. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Family

Pet Food. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00
School Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
School Meals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Pocket Money. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Nappies/Baby Extras . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Laundry/Dry Cleaning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Children's Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Baby Sitting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Childcare/Play Groups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Pet Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Travel Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Entertainment

Satellite/Digital TV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Family Days Out . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Cinema/Theatre Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00
Books/Music/Films/Computers . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Big Days Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Shopping for Fun. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Pet Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Hobbies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
IT/Computing (eg Anti-virus etc). . . . . . . . . . . . . . . . . . . . . . . . 0.00
DVD Rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Drinking Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Eating Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00

Clothes, Health & Beauty

Complimentary Therapies . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Optical Bills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Haircuts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Dentistry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Beauty Treatments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Healthcare Cashplans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Dental Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Private Medical Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Fitness/Sports/Gym. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Work Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
New Children's Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
New Clothes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00

Education & Courses

University Tuition Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
School Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Your Courses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

Big One Offs

Funeral Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Wedding Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Sofa/Kitchen/TV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Birthdays . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Winter Holiday. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Summer Holiday. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Christmas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00

Odds & Sods

Newspapers & Magazines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
Tax & NI Provisions (self-employed only). . . . . . . . . . . . . . . . . . . . 0.00
Regular Charity Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Meals at work . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Smokes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
Coffees/Sandwiches/Snacks . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00


Total monthly income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,733.33


Total monthly expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,874.83

Comments

  • DarnIt_3
    DarnIt_3 Posts: 294 Forumite
    adsh02138 wrote: »
    Statement of Affairs and Personal Balance Sheet

    Monthly Income Details
    Income from Employment (after tax). . . . . . . . . . . . . . . . . . . . . . . 1,733.33
    Income from Self Employment (before tax). . . . . . . . . . . . . . . . . . . . 0.00
    State Pension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Private Pension / Annuity Payout. . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Benefits (Inc. Child Benefit/Tax Credits & Income Support). . . . . . . . . . . 0.00
    Income From Savings & Investments . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Gifts From Family / Friends . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Monthly Expense Details

    In Your Home

    Mobile Phone(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00 - You can get Pay as you go now for a tenner a month which gives you £30 worth of calls.
    TV Licence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.00
    Internet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Home Phone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Cleaning Products/Cleaner . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00
    Garden Maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Household Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Oil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Electricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80.00 -
    If there is only you in the house this seems a bit high
    Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90.00
    Why so high?
    Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60.00
    Again....why is this so high?

    Council Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.00
    Overdraft Cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Bank Account Fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Home Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mortgage/Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750.00

    Looks like you could do with moving.
    Plumbing/Boiler Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mortgage Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mortgage Payment Protection . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Food and Household Shopping . . . . . . . . . . . . . . . . . . . . . . . . . . 160.00
    Just for you? Consider cheaper options? Pre plan your daily meals and buy just the ingredients you need.
    Drinks for Home . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00

    Motoring & Public Transport

    Petrol/Diesel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32.50
    Parking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Car Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.17
    Car Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46.00
    Car Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Rail/Bus/Taxi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119.17
    A rail could be a cheaper option?
    Breakdown Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Debt Repayments

    Credit Card Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Hire Purchase Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 99.00
    Personal Loan Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 150.00
    Car Loan Repayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Savings & Investments

    Pension Payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Buying Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mini Cash ISAs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Lump Sum Saving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Regular Saving. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Family

    Pet Food. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00
    School Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    School Meals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pocket Money. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Nappies/Baby Extras . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Laundry/Dry Cleaning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Children's Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Baby Sitting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Childcare/Play Groups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pet Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Travel Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Entertainment

    Satellite/Digital TV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Family Days Out . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Cinema/Theatre Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00
    Books/Music/Films/Computers . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Big Days Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Shopping for Fun. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pet Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Hobbies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    IT/Computing (eg Anti-virus etc). . . . . . . . . . . . . . . . . . . . . . . . 0.00
    DVD Rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Drinking Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Eating Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00

    Thats £60 on entertainment....could you cut down ?

    Clothes, Health & Beauty

    Complimentary Therapies . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Optical Bills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Haircuts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Dentistry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Beauty Treatments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Healthcare Cashplans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Dental Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Private Medical Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Fitness/Sports/Gym. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Work Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    New Children's Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    New Clothes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00


    Big One Offs

    Funeral Expenses. . . . . . . . . . . . 0.00
    Wedding Expenses. . . . . . . . . . . . 0.00
    Sofa/Kitchen/TV . . . . . . . . . . . 0.00
    Birthdays . . . . . . . . . . . 10.00
    Winter Holiday. . . . . . . . . . . 0.00
    Summer Holiday. . . . . . . . . . . . . 0.00
    Christmas . . . . . . . . . . . . . . . 10.00

    Odds & Sods

    Newspapers & Magazines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Tax & NI Provisions (self-employed only). . . . . . . . . . . . . . . . . . . . 0.00
    Regular Charity Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Meals at work . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Smokes. . . . . . . . . . . . 0.00
    Coffees/Sandwiches/Snacks . . . . . . . . . . . 15.00 - This should be in your food bill really.


    Total monthly income. . . . . . . . . . . . . . 1,733.33


    Total monthly expenses. . . . . . . . . . . . . 1,874.83



    Seems you could quite a bit of cutting down, OR you could get a second job?
    29th June -Beginning Credit Score 422 :( £2575
    12th July - Credit score 471 :p
    22nd August - Credit Score 550 :p Still very poor just but only just!
    Remaining to pay off: £1370.95
  • gargrave50
    gargrave50 Posts: 3,011 Forumite
    adsh02138 wrote: »
    Statement of Affairs and Personal Balance Sheet

    Monthly Income Details
    Income from Employment (after tax). . . . . . . . . . . . . . . . . . . . . . . 1,733.33
    Income from Self Employment (before tax). . . . . . . . . . . . . . . . . . . . 0.00
    State Pension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Private Pension / Annuity Payout. . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Benefits (Inc. Child Benefit/Tax Credits & Income Support). . . . . . . . . . . 0.00
    Income From Savings & Investments . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Gifts From Family / Friends . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Monthly Expense Details

    In Your Home

    Mobile Phone(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00 If this is a contract its not bad, however Tesco Mobile top up £10 PAYG get £30 credit:p
    TV Licence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.00
    Internet. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00 Really? Where do you use the internet only at work?
    Home Phone. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Cleaning Products/Cleaner . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00
    Garden Maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Household Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Oil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Electricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80.00 This is a huge amount unless you are heating a stately home! Try your supplier I know Eon supply a usage meter which can be helpful in trying to cut down what you spend.
    Gas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90.00 Same here massive amount! Try using comparison sites to switch, I assume you are paying both to the same supplier by DD?
    Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60.00
    Council Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67.00 Very cheap - does this include a 25% single persons discount?
    Overdraft Cost. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Bank Account Fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Home Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00 - Really? Not even contents?
    Mortgage/Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750.00
    Plumbing/Boiler Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mortgage Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mortgage Payment Protection . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Life Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Food and Household Shopping . . . . . . . . . . . . . . . . . . . . . . . . . . 160.00 This could be reduced for a single person - try aiming for £130 to begin with and try batch cooking and meal planning to get it down further.
    Drinks for Home . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20.00 I won't argue with that - a cheap bottle of wine once a week is very acceptable:rotfl:

    Motoring & Public Transport

    Petrol/Diesel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32.50
    Parking . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Car Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.17
    Car Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46.00 Quite high - again depends where you live but try the comparison websites and go via a cashback site when you find the one cheapest for you.
    Car Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Rail/Bus/Taxi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119.17 Huge expense - any of this reimbursed by your work? Could the car go in that case if you use this amount of transport? Just something to consider:cool:
    Breakdown Cover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Debt Repayments

    Credit Card Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Hire Purchase Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 99.00
    Personal Loan Repayments. . . . . . . . . . . . . . . . . . . . . . . . . . . . 150.00
    Car Loan Repayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Savings & Investments

    Pension Payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Buying Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Mini Cash ISAs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Lump Sum Saving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Regular Saving. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Family

    Pet Food. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00
    School Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    School Meals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pocket Money. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Nappies/Baby Extras . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Laundry/Dry Cleaning. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Children's Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Baby Sitting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Childcare/Play Groups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pet Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Travel Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Entertainment

    Satellite/Digital TV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Family Days Out . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Cinema/Theatre Trips. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00 If you are truly in trouble this would have to go for a while. If you shop at Tesco you could change your clubcard points for cineworld vouchers as a fix meantime :D
    Books/Music/Films/Computers . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00 As above - depends how much you want to save. This and cinema trips cut out for 6 months would save you £150
    Big Days Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Shopping for Fun. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Pet Costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Hobbies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    IT/Computing (eg Anti-virus etc). . . . . . . . . . . . . . . . . . . . . . . . 0.00
    DVD Rental. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Drinking Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00 Is this realistic? Unlikely to buy you 2 drinks where I live! Hardly worth going out in that case!!
    Eating Out. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00 This is costing you £180 a year - can this go temporarily?

    Clothes, Health & Beauty

    Complimentary Therapies . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Optical Bills . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Haircuts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Dentistry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Beauty Treatments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Healthcare Cashplans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Dental Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Private Medical Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Fitness/Sports/Gym. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Work Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    New Children's Clothes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    New Clothes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00

    Education & Courses

    University Tuition Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    School Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Your Courses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00

    Big One Offs

    Funeral Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Wedding Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Sofa/Kitchen/TV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Birthdays . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00
    Winter Holiday. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Summer Holiday. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Christmas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00

    Odds & Sods

    Newspapers & Magazines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.00 - most are available to read online for free - this costs you £120 a year.
    Tax & NI Provisions (self-employed only). . . . . . . . . . . . . . . . . . . . 0.00
    Regular Charity Donations . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Meals at work . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Smokes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
    Coffees/Sandwiches/Snacks . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.00 Take some in from home - this is costing you £180 each year. This with your newspaper is a luxury at a total cost of £300 a year.:eek:


    Total monthly income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,733.33


    Total monthly expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,874.83


    I'm no angel either, but if you are living beyond your means each month to the tune of £150 then there are really simple ways you can balance your books. This is a fairly straightforward one - fairly painless cuts will save you the woe of long term debts:money:xxj
    LBM 30/6/9 Unsecured debts [STRIKE]£25,323.48[/STRIKE] £0 :T Debt free
    Left for life Down Under 4th August 2012 - living frugally and have learned my lessons :j:j:j:j
  • gargrave50
    gargrave50 Posts: 3,011 Forumite
    Keep a spending diary - in truth I'd be willing to bet you are spending more than £25 a month of coffee's newspapers, magazines etc ;)
    LBM 30/6/9 Unsecured debts [STRIKE]£25,323.48[/STRIKE] £0 :T Debt free
    Left for life Down Under 4th August 2012 - living frugally and have learned my lessons :j:j:j:j
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