No self confidence.. Life seems a mess

mummyofboys

Hi

Im starting uni in september as a student nurse, worrying about money and seem to always be on the breadline wondering whether to give up my car but then im worrying about how to get to placements which would be one for two weeks in December plus more throughout the year. I will be at salford uni.

It would be fine when not on placement as it is £2.80 a day on the train and literally drops me at uni however I worry about getting to placements with awkward times ect.

My husband has a car which is taxed, mot'ed and ran by work all he has to pay is £60.00 which is his petrol cost to and from work this is why the petrol cost is so high.

Household Information
Number of adults in household........... 2
Number of children in household......... 2 ( One in Nappies)
Number of cars owned.................... 1
One Cat

Monthly Income Details
Monthly income after tax................ 1118 ( This is made up of part time job, Bursary childcare bursary 7 student Loan)
Partners monthly income after tax....... 1289
Benefits................................ 319
Other income............................ 0
Total monthly income.................... 2726

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550
Management charge (leasehold property).. 0
Council tax............................. 86Includes Student Discount
Electricity............................. 68 Includes Arrears
Gas..................................... 63 Includes Arrears
Oil..................................... 0
Water rates............................. 56 Includes Arrears
Telephone (land line)................... 0
Mobile phone............................ 50
TV Licence.............................. 12.12
Satellite/Cable TV...................... 100 Includes sky/phone line/calls
Internet Services....................... 19
Groceries etc. ......................... 300 Includes catfood/littler/nappies/wipes

Clothing................................ 0 I currently look 10 years older and like a complete tramp which really makes me feel down considering im 24, have no money for clothes literally never by them.. Kids have clothes and my brother is 8 months older than my eldest so he gets good handdowns and my best friends son is 4 months older than my youngest so he gets his handowns so we get by with minimal purchases and is normally taken out of grocery shopping money if needed.. However son has just had 70 spent on uniforms/shoes ect :O
Petrol/diesel........................... 140 £80.00 for my car & £60 for husbands
Road tax................................ 20 £118.00 per six months
Car Insurance........................... 115.5 Only been driving a year, me and husband both under 25 and its a 1.6 my dad bought it for me
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 758.5 shocking I know
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0 I want and NEED this
Other insurance......................... 24 includes laptop insurance, tv insurance x 2 and ps3 insurance all with dixons
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 35 This is husbands £5 per week footie and sons £3.50 per week dance class
Holiday................................. 0
Emergency fund.......................... 0
Account Charge.......................... 30 I think if we didnt pay this we would pay it anyway in intrest for our overdraft as we dont get charged on the first 500 now and includes breakdown cover ect
Total monthly expenses.................. 2427.12[/b]

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


No Secured nor Hire Purchase Debts[/b]
Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds tsb Credit car..........1900......100.......0
Halifax........................800.......50........0
littlewoods....................563.......29........0
Overdraft husband..............750.......0.........0
Overdraft mine.................2320......40........0
Lloyds Loan....................254.......20........0
HMRC...........................4400......27.77.....0
Isme...........................665.......27........0
Total unsecured debts..........11652.....293.77....-


Monthly Budget Summary[/b]
Total monthly income.................... 2,726
Expenses (including HP & secured debts). 2,427.12
Available for debt repayments........... 298.88
Monthly UNsecured debt repayments....... 293.77
Amount left after debt repayments....... 5.11

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -11,652
Net Assets.............................. -11,652


I am in a really horrible predicament currently was thinking about DMP but my credit is ok at the moment ( not that im getting more) but i dont think I want to mess it up as I would like a mortgage after uni .

I feel like my husband works very hard and he has very little treats so feel mean asking his to cancel sky or footie.. I also feel like im putting our family through this by going to uni but I am doing it to get a better job at the end of it.

I feel like a tramp and its doing my head in, I never have money to look decent .. Hair hasnt been cut in a year.. going gray :O !! and I just never can justify £10/£20 on a top and if I do i then feel silly because I dont have anything to go with it and one item just seems wasted in my wardrobe lol Also if I do treat myself very rarely I end up wearing it day in day out and re washing it so then I end up making it look amess very quickly

I seriously wear like 2/3 items of clothes all the time.. my wardrobe is full of clothes that dont fit me from before the kids or maternity wear ( all washed n washed so wouldnt go on ebay )

I just feel at a loss with myself and my budget This month im £300 short so have to find that or it will follow me around next month this is from school uniform, tax thats due on car that havent put away, birthdays and a dentist bill for my husband

sorry if I have rambled

russxiii

Household Information
Number of adults in household........... 2
Number of children in household......... 2 ( One in Nappies)
Number of cars owned.................... 1
One Cat

Monthly Income Details
Monthly income after tax................ 1118 ( This is made up of part time job, Bursary childcare bursary 7 student Loan)
Partners monthly income after tax....... 1289
Benefits................................ 319 (TRIPLE CHECK THAT YOU HAVE ALL AVAILABLE HELP!!) theres a part on the forum outlining ALL of the benefits available.
Other income............................ 0
Total monthly income.................... 2726

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550 (good rent IMO and im assuming this caters to all your needs?) no need to cut costs here.
Management charge (leasehold property).. 0
Council tax............................. 86
Electricity............................. 68
Gas..................................... 63
Oil..................................... 0
Water rates............................. 56 Includes Arrears
Telephone (land line)................... 0
Mobile phone............................ 50 (how longs left? cancel ASAP, downgrade, this isn't a necessity when its this high)
TV Licence.............................. 12.12
Satellite/Cable TV...................... 100 (this isnt a necessity or a treat....when your out of debt you can enjoy luxuries, get freeview)
Internet Services....................... 19 (with sky?)
Groceries etc. ......................... 300 Includes catfood/littler/nappies/wipes

Clothing................................ 0 (its important to treat yourself, freeing up other things will allow you to do so)
Petrol/diesel........................... 140 (look up a guide on how to drive economically, this isnt an insult at all, i read a few and i have 2 modes of driving, fast and economical. Fast being fuel up every week, economical being fortnightly)
Road tax................................ 20 £118.00 per six months
Car Insurance........................... 115.5 (you could sell/exchange this car for a smaller model)
Car maintenance (including MOT)......... 0 (you need to budget for this)
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 758.5 (THERE ARE BENEFITS FOR THIS, if your not claiming already)
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... (6monthly?)
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0 I want and NEED this (cant comment on this, i dont have it myself)
Other insurance......................... Although these are wortwhile imo, if you cant afford them, dont bother with them.
Presents (birthday, christmas etc)...... this needs budgeting for.
Haircuts................................ (not got any friend hairdressers? can your friends recommend any?)
Entertainment........................... 35 (cant really ask you to stop this, but YOU NEED something, maybe your entertainment be a new dress or something per month?)
Holiday................................. 0
Emergency fund.......................... ABSOLUTE DEFO!
Account Charge.......................... 30 I think if we didnt pay this we would pay it anyway in intrest for our overdraft as we dont get charged on the first 500 now and includes breakdown cover ect
Total monthly expenses.................. 2427.12[/b]



As for debts, you MUST clear these asap, your gaining interest on them and hurting your credit rating in the process. Im assuming your gaining more debt through becoming a student and paying course fees etc?

You will need to learn to live with only a few hundred extra, nurses really aren't well paid. My mom is on 1-200 more than what your on at the moment and shes fully qualified working everyday. You need to reduce your outgoings.

Im no proffessional this is just my opinion. Good luck.

I also recommend letting the husband read this post.....your in a bad way emotionally and he needs to understand and be there for you. Together you can get through this....trust me!

los72

Sorry, can't help with any advice on the pennies side...:(

BUT.....

mummyofboys wrote: »

I feel like a tramp and its doing my head in, I never have money to look decent .. Hair hasnt been cut in a year.. going gray :O !! and I just never can justify £10/£20 on a top and if I do i then feel silly because I dont have anything to go with it and one item just seems wasted in my wardrobe lol

Have you thought about looking for clothing on ebay? Not all of it is 2nd hand etc, majority of it is brand new with tags etc at dirt cheap prices.

Fayeola

have you thought about goin through your wardrobe, as I see that you say there is lots of clothes that don't fit you. you could go and do a carboot or sell on ebay? might not make loads but perhaps enough for a new set of clothes?

RAS

mummyofboys wrote: »

Household Information
Number of adults in household........... 2
Number of children in household......... 2 ( One in Nappies)
Number of cars owned.................... 1
One Cat

Monthly Income Details
Monthly income after tax................ 1118 ( This is made up of part time job, Bursary childcare bursary 7 student Loan) check your are getting the parental grant and all the childcare allowance to which you are entitled.
Partners monthly income after tax....... 1289
Benefits................................ 319
Other income............................ 0
Total monthly income.................... 2726

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550 - check entitlement to LHA?
Management charge (leasehold property).. 0
Council tax............................. 86Includes Student Discount
Electricity............................. 68 Includes Arrears - for how long?
Gas..................................... 63 Includes Arrears - ditto
Oil..................................... 0
Water rates............................. 56 Includes Arrears - ditto
Telephone (land line)................... 0
Mobile phone............................ 50 - how many and when can you reduce the contracts?
TV Licence.............................. 12.12
Satellite/Cable TV...................... 100 Includes sky/phone line/calls - this needs to be massively reduced and you need a deal with internet - freeview
Internet Services....................... 19
Groceries etc. ......................... 300 Includes catfood/littler/nappies/wipes - there may be a few quid you can reduce here

Clothing................................ 0 - can you join www.freegle.co.uk or freecycle and look for stuff on there
ect :O
Petrol/diesel........................... 140 £80.00 for my car & £60 for husbands - you will get your expenses back from placement if public transport is not possible, at 23p per mile - where are you driving at the mo?
Road tax................................ 20 £118.00 per six months
Car Insurance........................... 115.5 Only been driving a year, me and husband both under 25 and its a 1.6 my dad bought it for me
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 758.5 shocking I know
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0 I want and NEED this
Other insurance......................... 24 includes laptop insurance, tv insurance x 2 and ps3 insurance all with dixons - why? Most of this would be covered by decent contents insurance at less cost
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 35 This is husbands £5 per week footie and sons £3.50 per week dance class
Holiday................................. 0
Emergency fund.......................... 0
Account Charge.......................... 30 I think if we didnt pay this we would pay it anyway in intrest for our overdraft as we dont get charged on the first 500 now and includes breakdown cover ect - this may not be the best deal - can you check what you actually get?
Total monthly expenses.................. 2427.12[/b]

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


No Secured nor Hire Purchase Debts[/b]
Unsecured Debts
Description....................Debt......Monthly...APR
Lloyds tsb Credit car..........1900......100.......0
Halifax........................800.......50........0
littlewoods....................563.......29........0
Overdraft husband..............750.......0.........0
Overdraft mine.................2320......40........0
Lloyds Loan....................254.......20........0
HMRC...........................4400......27.77.....0
Isme...........................665.......27........0
Total unsecured debts..........11652.....293.77....-


Monthly Budget Summary[/b]
Total monthly income.................... 2,726
Expenses (including HP & secured debts). 2,427.12
Available for debt repayments........... 298.88
Monthly UNsecured debt repayments....... 293.77
Amount left after debt repayments....... 5.11

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -11,652
Net Assets.............................. -11,652

Hi

As you know from the problems this month, you really need to budget for costs that you can predict like car tax. Also you need a budget for things like dentists. Putting a few quid away each month is not saving, it is self-insurance to cover periodic expenses.

You can save on groceries, your SKY and mobils costs. You really do have to sort them out.

Go over to the money saving oldstyle forum and list up the contents of your cupboards, fridge and freezer and aks for help with a menu plan for this month.

For hair cuts look at http://www.youtube.com/watch?v=xw76mmh4o8Y or try this method

Wash your hair brush then hang your head forwards. Brush your hair forwards and then grasp it in one hand making sure that the "reverse ponytail" is in the centre of your face. You could put a band round the hair at this point, or just hold it. Cut the hair sticking out of your hand off with sharp scissors. This will give you a deep V with long layers.

mummyofboys

russxiii wrote: »

Household Information
Number of adults in household........... 2
Number of children in household......... 2 ( One in Nappies)
Number of cars owned.................... 1
One Cat

Monthly Income Details
Monthly income after tax................ 1118 ( This is made up of part time job, Bursary childcare bursary 7 student Loan)
Partners monthly income after tax....... 1289
Benefits................................ 319 (TRIPLE CHECK THAT YOU HAVE ALL AVAILABLE HELP!!) theres a part on the forum outlining ALL of the benefits available.
Other income............................ 0
Total monthly income.................... 2726

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550 (good rent IMO and im assuming this caters to all your needs?) no need to cut costs here.
Management charge (leasehold property).. 0
Council tax............................. 86
Electricity............................. 68
Gas..................................... 63
Oil..................................... 0
Water rates............................. 56 Includes Arrears
Telephone (land line)................... 0
Mobile phone............................ 50 (how longs left? cancel ASAP, downgrade, this isn't a necessity when its this high)
TV Licence.............................. 12.12
Satellite/Cable TV...................... 100 (this isnt a necessity or a treat....when your out of debt you can enjoy luxuries, get freeview)
Internet Services....................... 19 (with sky?)
Groceries etc. ......................... 300 Includes catfood/littler/nappies/wipes

Clothing................................ 0 (its important to treat yourself, freeing up other things will allow you to do so)
Petrol/diesel........................... 140 (look up a guide on how to drive economically, this isnt an insult at all, i read a few and i have 2 modes of driving, fast and economical. Fast being fuel up every week, economical being fortnightly)
Road tax................................ 20 £118.00 per six months
Car Insurance........................... 115.5 (you could sell/exchange this car for a smaller model)
Car maintenance (including MOT)......... 0 (you need to budget for this)
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 758.5 (THERE ARE BENEFITS FOR THIS, if your not claiming already)
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... (6monthly?)
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0 I want and NEED this (cant comment on this, i dont have it myself)
Other insurance......................... Although these are wortwhile imo, if you cant afford them, dont bother with them.
Presents (birthday, christmas etc)...... this needs budgeting for.
Haircuts................................ (not got any friend hairdressers? can your friends recommend any?)
Entertainment........................... 35 (cant really ask you to stop this, but YOU NEED something, maybe your entertainment be a new dress or something per month?)
Holiday................................. 0
Emergency fund.......................... ABSOLUTE DEFO!
Account Charge.......................... 30 I think if we didnt pay this we would pay it anyway in intrest for our overdraft as we dont get charged on the first 500 now and includes breakdown cover ect
Total monthly expenses.................. 2427.12[/b]



As for debts, you MUST clear these asap, your gaining interest on them and hurting your credit rating in the process. Im assuming your gaining more debt through becoming a student and paying course fees etc?

You will need to learn to live with only a few hundred extra, nurses really aren't well paid. My mom is on 1-200 more than what your on at the moment and shes fully qualified working everyday. You need to reduce your outgoings.

Im no proffessional this is just my opinion. Good luck.

I also recommend letting the husband read this post.....your in a bad way emotionally and he needs to understand and be there for you. Together you can get through this....trust me!

Thankyou for your help I will answer some points.

Benefits.. Childcare and working tax credits I am no longer entitled to as I dont work 16 hours because I am at uni.. this has been a really bad hit to us.

Car.. I am thinking of giving up.. I dont think a cheaper car would be that cheaper I think it is because I am a new driver and under 25??

Sky and phone yes they are alot, I think I am in contracts though I will ring up and enquire

Internet is with beun ltd my husband set this up it isnt related to sky.

I know nursing isnt amazingly paid... however I think I would like to work my way up the ladder.. I think it would be better paid if I then went into a specialist branch plus I am only on minimum wage now. I am abit nervous doing all this to end up in a crap paid job ?
I will be in debt of 7k after uni which is my student loan total. My tutition fees and bursary I dont have to paid back. My thinking is also that even though yes I will not be on huge wage to start off with by the time I am finished my youngest will be starting school and I will then be saving on childcare fees?

My husband is an ICT engineer and works 40 hours.. I feel his wage is very low for his skill and hope he can up this aswell by the time im qualified. I have a huge fear of doing all this for nothing and still living a lifestyle where I am only just covering thing. Any opinions??

My clothes are all really worn down i dont even no why I keep them I think its to make my wardrobe look full to my husband/friends ect.. I feel like my husband is embarased of how i look dress he has commented more than once but there is always something that needs the money more.

mummyofboys

RAS wrote: »

Hi

As you know from the problems this month, you really need to budget for costs that you can predict like car tax. Also you need a budget for things like dentists. Putting a few quid away each month is not saving, it is self-insurance to cover periodic expenses

Yes this is what keeps happening to me all the time

You can save on groceries, your SKY and mobils costs. You really do have to sort them out.

Thanks yes the normal thing is if something needs to be bought which isnt in the budget like new appliance or clothes for kids i take it out of groceries, I think I am in contract with phone and sky I will enquire
Go over to the money saving oldstyle forum and list up the contents of your cupboards, fridge and freezer and aks for help with a menu plan for this month.

For hair cuts look at http://www.youtube.com/watch?v=xw76mmh4o8Y or try this method

Wash your hair brush then hang your head forwards. Brush your hair forwards and then grasp it in one hand making sure that the "reverse ponytail" is in the centre of your face. You could put a band round the hair at this point, or just hold it. Cut the hair sticking out of your hand off with sharp scissors. This will give you a deep V with long layers.

This could go one way and I look great or the other and I look even worse lol I will watch the video

mummyofboys

I dont think I am entitled to LHA as my husbands wage and my bursary is included

paddyrg

Sack SKY ASAP! If you still want loadsachannels then freesat has loadsachannels, you just miss a few specific ones. You can probably lose the landline and broadband too - there may be somewhere at work or nearby where you can catch up on emails and a few websites for free/cheap, or a neighbour's place, or if you have a wireless lappy use pub and coffeeshop free wireless, or do a deal with a neighbour to leech their wireless broadband in exchange for a spot of gardening/babysitting/ironing/etc. Mobiles down to £10/month each on PAYG, and that £80/month saving will go a long way!

topcat9

Hi,

Sorry to hear you're feeling down at the moment. Going to uni and giving up work might seem scary but you will have a profession which should ensure you get a reasonable income for life. And if your husband is in ICT there should be good opportunities for getting on and increasing his income (as much as anyone can these days ) However, you need to get your finances in good shape now so that you can get through the training (not sure how many years nursing is?). So a few points to consider:

1) Definitely cut down on mobile phone, sky and insurance for ps3 etc
2) Does the university offer childcare facilities? Might be cheaper than what you're paying at the moment!
3) Grey hair? Get to Boots and buy yourself a semi-permanent colour. You'll have the greys sorted for less than a fiver and your confidence will be boosted too. OR find a local training college where they will give you a haircut and colour for a greatly-reduced price when done by a trainee under supervision. I've done this myself and whilst I wouldn't say they were as good as Vidal Sassoon they were perfectly fine
4) I'd seriously look at getting rid of the second car if public transport is reliable enough.

I wish you all the best, hope the training works out well x

Pinkbunnie

Car insurance, see if putting your dad on the insurance takes it down, I've been looking at quotes and it reduces mine by a third. Also put exact same car, exact same details into both go compare and compare the market, 400 difference