We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Fed up of the skint life
Options
deep_in
Posts: 247 Forumite
Statement of Affairs and Personal Balance Sheet
Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 827
Partners monthly income after tax....... 0
Benefits................................ 847
Other income............................ 0
Total monthly income.................... 1674
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 356
Management charge (leasehold property).. 0
Council tax............................. 105
Electricity............................. 30
Gas..................................... 30
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 17
Mobile phone............................ 15
TV Licence.............................. 24
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 20
Petrol/diesel........................... 100
Road tax................................ 12
Car Insurance........................... 58
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 290
Other child related expenses............ 12
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 6
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1360
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 100
Other assets............................ 0
Total Assets............................ 100
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
mum............................2000......150.......0
Total unsecured debts..........2000......150.......-
Monthly Budget Summary
Total monthly income.................... 1,674
Expenses (including HP & secured debts). 1,360
Available for debt repayments........... 314
Monthly UNsecured debt repayments....... 150
Amount left after debt repayments....... 164
Personal Balance Sheet Summary
Total assets (things you own)........... 100
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2,000
Net Assets.............................. -1,900
Done my S.O.A but looking at it I never have that amount left ever.
So here's my plan:-
Keep a spending diary every penny needs accounting for
Reduce my food bill down grade brands at the supermarket
Put more clothes on which equals lower gas bill
Turn things off at the plug equals lower electric bills
What I have already done:
Moved from Virgin to sky so half price bills for the next 6 months then back to what I was paying
Cancelled my gym membership
Cancelled my magazine subscription
Need help with my menu planning if anyone has any suggestions
Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 827
Partners monthly income after tax....... 0
Benefits................................ 847
Other income............................ 0
Total monthly income.................... 1674
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 356
Management charge (leasehold property).. 0
Council tax............................. 105
Electricity............................. 30
Gas..................................... 30
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 17
Mobile phone............................ 15
TV Licence.............................. 24
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 20
Petrol/diesel........................... 100
Road tax................................ 12
Car Insurance........................... 58
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 290
Other child related expenses............ 12
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 6
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1360
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 100
Other assets............................ 0
Total Assets............................ 100
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
mum............................2000......150.......0
Total unsecured debts..........2000......150.......-
Monthly Budget Summary
Total monthly income.................... 1,674
Expenses (including HP & secured debts). 1,360
Available for debt repayments........... 314
Monthly UNsecured debt repayments....... 150
Amount left after debt repayments....... 164
Personal Balance Sheet Summary
Total assets (things you own)........... 100
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2,000
Net Assets.............................. -1,900
Done my S.O.A but looking at it I never have that amount left ever.
So here's my plan:-
Keep a spending diary every penny needs accounting for
Reduce my food bill down grade brands at the supermarket
Put more clothes on which equals lower gas bill
Turn things off at the plug equals lower electric bills
What I have already done:
Moved from Virgin to sky so half price bills for the next 6 months then back to what I was paying
Cancelled my gym membership
Cancelled my magazine subscription
Need help with my menu planning if anyone has any suggestions
water £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£220
£6,402
Second purse #64 £2.30/£220
0
Comments
-
Good luck!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Yesterday wa a day of reflection, it was a year ago I finally got out of a controlling relationship that I had been in for years but not the sort most people reading this think of this was a relationship controlled by my brother he decided every aspect of my life and I even ended up renting the house next door off him. So on to the reflecting I looked around yesterday and realised how much has changed in the last year:
- Decorated my livingroom the way I like it
- Bought all new furniture for the full house
- Got a job
- Got a car
- Have a very happy healthy dd
- Got a new house
- Paid £3500 off on my debts
- Was diagnosed with type ii bi polar but now finally on the right meds
- Went camping on holiday
- and last but not least had a great happy year without tears
Well that's quite a list really and last might we celebrated with a cheap bottle of buck fizz lol.
So on to this year here's my plans:- Decorate upstairs bathroom
- Decorate DD's room
- Decorate my room
- Decorate the kitchen
- Decorate the hall
- Pay off the last £2000 I owe my mum
- Save some money for a rainy day
- Have a holiday
So that's what I am going to be working on for this year, OK lot of decorating but then my house will look great and it will ll be mine
water £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£2200 -
What I have done today:
Baked a lemon drizzle cake with my rather manky ready to throw lemons and to be fair it tastes yum
1 load of washing
Hoovered the full house
Dusted the livingroom
Changed the bedding
Washed up
Crocheted 3 hats for innocent smooties campaign for next year
Think that's about it phew tired and still have my head cold hoping to kill or cure theory might work but I have achieved neither lolwater £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£2200 -
Sounds like you really have turned things around this year - well done! And good luck with your next list of plans :beer:
In an earlier post you asked for suggestions about menus. Something I find quite fun is looking at what the supermarket has on special offer and seeing what I can make out of it, rather than having fixed ideas about what to buy. That way I get a cheap meal and a surprise all in one 0 -
Can you get a water meter, it will cut down your cost.
The entry for your TV license is wrong.
Do you get 25% council tax discount,make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
The TV licence is because I have to pay the first few payments then it will go down
That's the cost with my water meter asked them to look at this though as it seems high for what we use
The council is with my 25% discountwater £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£2200 -
Today's been a good day got the tie backs for my curtains and they had 75% off so only cost me £1.87 each :T so that is the livingroom fully finished now going to start on dd's room during the week got the paint just need to find the right wallpaper.water £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£2200 -
Impressive, I admire someone with an eye for a bargain :beer:Today's been a good day got the tie backs for my curtains and they had 75% off so only cost me £1.87 each :T so that is the livingroom fully finished now going to start on dd's room during the week got the paint just need to find the right wallpaper.0 -
I was really please drsqueeze well in fact so impressed I have bought the same ones for my room lol and then spotted a blind with 75%off too because it had a scratch along the top so turned it round so that faces the window and now have a new blind for £2.50 so really getting into this bargain hunting lark lolwater £82.00 Totally Paid June 2012, vanquis £290.00 Totally Paid July 2012, e.on £300.00 £189.00 Paid Sep 2012, Scott and co. £989 £918 Paid Oct 2012, s/p £400.00 £295 Dec 2012, o/d £2,000.00 Dec 2012, rent £1,600.00 Jan 2013, mum £1,500.00 £1,400.00 Feb 2013
£6,402
Second purse #64 £2.30/£2200 -
Excellent, you're definitely getting the hang of it :beer:I was really please drsqueeze well in fact so impressed I have bought the same ones for my room lol and then spotted a blind with 75%off too because it had a scratch along the top so turned it round so that faces the window and now have a new blind for £2.50 so really getting into this bargain hunting lark lol
I always look for "end of range" things for the house, provided it's new I don't care if it's last year's fashion Buying 'roll ends' of carpet has also saved me a small fortune. I did a bedroom on the cheap that way, and the surplus was enough for the downstairs loo as well. 0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards