The unthinkable has happened...redundancy

faceuptoit

squidgychesspiece wrote: »

...Hurrah! Got the call this morning.

As expected, not as well paid as previously but still, a job! Am so relieved it's untrue.

Happy Monday All

Woohoo! What a relief for you. Well done.
:beer:

siw8158

Congratulations and good luck! Remeber to keep us up to date on how it goes!

slowlyfading

Congratulations! :j :j

jobdone1

i'm back just got up to date on your progress and happy days you have a job that's brill go girl, Right not trying to be harsh but remember stick to your deficit reduction plan ha i sound like the government, lol, but seriously stick with it pay as much off as quick as you can and in a couple of years time you will feel much better and if god forbid you was made redundant again you will be in a much stronger position good luck in your new job take care keep us posted.

Hovel_lady

squidgychesspiece wrote: »

...Hurrah! Got the call this morning.

As expected, not as well paid as previously but still, a job! Am so relieved it's untrue.

Happy Monday All

Really pleased for you :T

Squirrel29

Fab news :beer: what a huge relief. Get that debt down now!!

sistafromanothermista

CONGRATULATIONS!!!!!!

squidgychesspiece

Thank you lovelies! We are definitely going to continue being frugal - that's the main thing I have learnt even in this very short space of time - we don't need half the things we think we do to be happy. No new dresses is not the end of the world :rotfl:

I should clear about £2,200pm and so this how I think our revised SOA should look assuming we stick to budget.

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 2200
Partners monthly income after tax....... 1200
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 3400
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 795
Management charge (leasehold property).. 0
Council tax............................. 121
Electricity............................. 23
Gas..................................... 23
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 43
Mobile phone............................ 45
TV Licence.............................. 29
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 0
Petrol/diesel........................... 280
Road tax................................ 17
Car Insurance........................... 35
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 23
Buildings insurance..................... 0
Contents insurance...................... 20
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 15
Entertainment........................... 200
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1869

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
hsbc Loan 1....................3464......267.......0
hsbc Loan 2....................11518.....213.......0
co-op loan.....................7723......209.......0
parents........................2500......0.........0
hsbc cc........................2067......52........0
halifax cc.....................5860......117.......0
mint cc........................5000......111.......0
student o/d....................1500......0.........0
Total unsecured debts..........39632.....969.......-

Monthly Budget Summary
Total monthly income.................... 3,400
Expenses (including HP & secured debts). 1,869
Available for debt repayments........... 1,531
Monthly UNsecured debt repayments....... 969
Amount left after debt repayments....... 562
Personal Balance Sheet Summary
Total assets (things you own)........... 500
Total HP & Secured debt................. -0
Total Unsecured debt.................... -39,632
Net Assets.............................. -39,132

It leaves us £500 a month to build an emergency fund / start snowballing, mbna will be gone and best of all the debt will be under £40k for the first time in a long time!!!! :j:j:j

Oh JC sent a text to say they have all the required information and are processing my JSA claim. Better let them know the good news

We still have a LONG way to go but we will get there.

sistafromanothermista

woohoooo!!! that's brilliant news. Good on you. xx

jobdone1

not to be cheeky but i take it that you will use the rest of the redundancy money on lowering the debt if you have any left take my alias as a little booster lol