OrangeFairy~balancing a new full time job~mummy hood ~ and debtbusting!

[Deleted User]

Yeah I think living while making changes to pay this off is the only way this is gonna work for me.

I mean I know that we could have this debt gone in maybe a year or two if we just stayed in all the time & didnt go on holiday but I enjoy living too so I am willing to just take a bit longer for the debt to go.

Dxxx

OrangeFairy

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1174.55
Partners monthly income after tax....... 1463
Benefits................................ 134.8
Other income............................ 0
Total monthly income.................... 2772.35

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 550
Management charge (leasehold property).. 0
Council tax............................. 120
Electricity............................. 36
Gas..................................... 40
Oil..................................... 0
Water rates............................. 50
Telephone (land line)................... 30
Mobile phone............................ 35
TV Licence.............................. 15
Satellite/Cable TV...................... 25
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 30
Petrol/diesel........................... 90
Road tax................................ 15
Car Insurance........................... 28.88
Car maintenance (including MOT)......... 60
Car parking............................. 2.4
Other travel............................ 38
Childcare/nursery....................... 63
Other child related expenses............ 80
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)...... 40
Haircuts................................ 10
Entertainment........................... 12
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1576.28


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 3000
Other assets............................ 1500
Total Assets............................ 4500

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................2708......215.......0
CC1............................1980......20........0
CC2............................3700......37........0
Next...........................325.......30........0
Total unsecured debts..........8713......302.......-


Monthly Budget Summary
Total monthly income.................... 2,772.35
Expenses (including HP & secured debts). 1,576.28
Available for debt repayments........... 1,196.07
Monthly UNsecured debt repayments....... 302
Amount left after debt repayments....... 894.07

Personal Balance Sheet Summary
Total assets (things you own)........... 4,500
Total HP & Secured debt................. -0
Total Unsecured debt.................... -8,713
Net Assets.............................. -4,213

Created using the SOA calculator at https://www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.

OrangeFairy

Finally got round to doing a SOA on our new wages

It doesnt look too bad at all.

I can't wait to have £1200 disposable income when the debts have gone! That is like a holiday abroad with one months left over money!

Had an okay week. Working hard and using my bus pass - £38 for the month is pretty good and I am loving not needing change

Trying to make use of all our veg left from our veg box

Hubby has taken out a pork casserole from the freezer so we can use up the swede and carrots to mash together

We have booked to eat at Barbecoa on friday when we are in London - very excited as it is one of Jamie Olivers restaurants!

REALLY looking forward to the trip away with hubby. We didn't get a honeymoon as we got married in Cyprus last year with our families so everyone was there!

Living on a slightly tight budget till payday - i have over paid quite a bit and we have paid out on the London trip. Need to decide how much to overpay in November and how much to keep back for xmas presents. It will be the first year of no credit card or using Next for any presents which will be a fab feeling

Right i need to pester DD1 to do her homework! :eek:

I hope everyone is well

OrangeFairy

Good day at work today

My first working day off since starting the new job! Will be weird relinquishing the control!

Just going to get the kids ready to take to my Mums tonight. We are leaving for London at 5amso we need to get to bed early

I can't blooming wait!!!!!!! My new book arrived today so I have something to read on the way up!

I hope everyone has a great weekend

ours will be far from MSE. Watching Phantom of The Opera and going to a Jamie Oliver restaurant is a bit of luxury

[Deleted User]

Hope you both had a fantastic weekend!!!

I love London - Havent been with the OH yet but hopefully when this debt is gone we will be able to take a wee visit down there.

I havent done any debt busting this weekend that will all happen again on payday.

Dxxx

Ladybird.

OrangeFairy wrote: »

I can't wait to have £1200 disposable income when the debts have gone! That is like a holiday abroad with one months left over money!

Lovely thought isn't it! :beer:

Hope you had a FANTASTIC weekend, look forward to hearing all about it! :j

Choc-addict

Hope you had a lovely weekend!

New budget looks fab

Choc x

bella2121

Hope you had a nice trip orange fairy looking forward to hearing about it xx

OrangeFairy

Hi everyone

Such a mad week. I have been trying to get the chance to post.

Our trip to london was awesome. The 3 course lunch on the Thames was amazing and so was the Jamie Oliver restaurant! I really enjoyed watching Phantom of the Opera. Hubby said we were celebrating our wedding anniversary and they upgraded our room and we got free breakfast. That was a little MSE

While we had a lovely time I think I will never like London very much! The Thames is actually quite disgusting! Every second person smokes and it is toooooo busy! Was great for a couple of days but I was very please to get back down to our clear air in Devon


The London eye was great and hubby got over his fear of heights to look over the edge on the was down!

So not a very MSE weekend at all but it was great. Missed the kids loads. I am completely out of money now! Went out for a meal with my friends last night so I took my last £30 out. So I now se some change to last me until weds! Luckily hubby has been paid so he has some money!

I have decided to only overpay £200 in November and keep £400 for Xmas shopping!:eek:

Need to get the box out from under the bed to see what I have already bought!!!

Right my friend has woken up and hubby is cooking us a cooked breakfast......mmmmmmm.....

pixiechick99

Just caught up with your diary OF - you weekend sounds fantastic, what a lovely treat for you and hubby:D I don't blame you being happy to get back to where you live - if I lived by Woolacombe I'd not want to go far away;)