making a debt free life for Poo!!!

girlatplay

:T Well done! That is great! Another one here who is proud of you

mrskro

It's feels strange that I have paid off so little yet I feel that I have achieved a lot. I think it is because I have now faced my 'demons' and have set up a plan.

Thanks to everyone who has been supporting me on this short (so far) journey.

What I am enjoying the most at the minute is being able to get a nights sleep, and being able to get to sleep without tossing and turning and wondering how i am going to get out of things.

Onwards and upwards!!!

mrskro

Haven't posted for a couple of day s but things still seem to be going in the right direction - fingers crossed.

One of the PDL's has come back to me agreeing to my minimum payment and holding interest and charges - needless to say I was struck dumb by this (so many people would say that statement is an impossibility!!)

I have had to spend a whole 58p today on a pint of milk for my tea at work!!! So much for my NSD's!!!

Still keeping the faith and hoping to be debt free sooner rather than later!!!

HeadAboveWater

mrskro wrote: »

One of the PDL's has come back to me agreeing to my minimum payment and holding interest and charges - needless to say I was struck dumb by this (so many people would say that statement is an impossibility!!)

:rotfl:

Yay!! :j

I have had to spend a whole 58p today on a pint of milk for my tea at work!!! So much for my NSD's!!!

lol I get caught out that way occasionally too....

mrskro

I was feeling really good about things yesterday then logged into my bank account today only to find that I am £300 overdrawn. :mad:

I don't have an o'd in fact I turned one down just last week. Good news is I have my tax credits being paid into my account on Thursday so that will at least bring it down some. It just means that I will have to tighten my belt even more. I have £30 cash that I lifted out on the 1st and that is my 'spending money' for the month for little things like milk for work or a sandwich if I forget my lunch... So far other than 58p that I had in change I haven't had to spend anything this month.:)

I had really hoped to make it to the end of the month without incurring any further charges or fees not likely now as the bank charges me £5 per day :eek:(max of 8 charges) plus the charges for anything that doesn't get paid. Therefore I will be paying the bank some money next month. :mad:

I have found a way to make some further cutbacks to my groceries and petrol so the money I save on that will hopefully pay for the charges.

I guess the only really good thing is that other than fresh bread/milk etc I have my groceries in for the month and I managed to do it for £85 almost half what I would normally spend. Lots of rice and pasta and freezer is full with the likes of mince.

After posting my SOA I had a really long and hard look at what I was spending and why I have a larder cupboard that is bursting at the seams and a freezer full of bits and pieces that I wasn't eating because I 'didn't fancy it'. I also was using my car for journeys that I could walk. The £50 for other child expenses is now £0 as my ex husband said he will pay for these (he's been really great about all of this recently - maybe something Poo has said!)

I am looking for a new job that pays more and still gives me the hours that I need - but that is a long shot at present no harm in looking though.

There is something quite cathartic about this diary - I am anonymous to probably everyone on here, I can speak freely, openly and honestly and not feel ashamed of my situation (the only shame is getting myself here in the first place) and I feel supported by many of you who have been making this journey. I do not feel completely alone and that in itself has been a god send.

Thank you to you all.

HeadAboveWater

The title of your thread is Feeling blue and a more than a little defeated today. I disagree!!! Other than the overdraft and bank charges, to me it's actually a rather positive post!!

Read what you've wrote again...

Good news is I have my tax credits being paid into my account on Thursday

I have £30 cash that I lifted out on the 1st and that is my 'spending money' for the month for little things like milk for work or a sandwich if I forget my lunch... So far other than 58p that I had in change I haven't had to spend anything this month.:)

I have found a way to make some further cutbacks to my groceries and petrol so the money I save on that will hopefully pay for the charges.

I have my groceries in for the month and I managed to do it for £85 almost half what I would normally spend. Lots of rice and pasta and freezer is full with the likes of mince.

After posting my SOA I had a really long and hard look at what I was spending and why I have a larder cupboard that is bursting at the seams and a freezer full of bits and pieces that I wasn't eating because I 'didn't fancy it'.

(you're seeing where you're going 'wrong' and changing things!)

I also was using my car for journeys that I could walk.

(again, seeing your 'wrong' bits and making them right!)

The £50 for other child expenses is now £0 as my ex husband said he will pay for these (he's been really great about all of this recently - maybe something Poo has said!)

I am looking for a new job that pays more and still gives me the hours that I need - but that is a long shot at present no harm in looking though.

What are you feeling blue about again?!?!?

There is something quite cathartic about this diary - I am anonymous to probably everyone on here, I can speak freely, openly and honestly and not feel ashamed of my situation (the only shame is getting myself here in the first place) and I feel supported by many of you who have been making this journey. I do not feel completely alone and that in itself has been a god send.

Bingo!! Think you've said what me and prob a lot of others think too!!!

mrskro

Have relooked at my SOA and have come up with the following

Statement of Affairs and Personal Balance Sheet

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

Monthly Income Details
Monthly income after tax 874
Benefits 748
Total monthly income 1622

Monthly Expense Details
Rent 750
Electricity 15
Gas 15
Water rates 10
Mobile phone 30
TV Licence 11
Internet Services 10 - now 0 (ex husband will pay for this so he can Skype with Poo)
Groceries etc. 150 - £85 this month (so far)
Clothing 30 - 0 (I can make do and it's coming up to Chrimbo when Poo gets spoiled by my sisters)
Petrol/diesel 50 - 40 (being conservative never know what I might need the car for but still cut back on some trips)
Road tax 15
Car Insurance 35 - 25 from next month
Car maintenance (including MOT) 30
Childcare/nursery 150 - 0 ex husban will pay this for now
Other child related expenses 50
Medical (prescriptions, dentist etc) 20
Buildings and contents insurance 35
Life assurance 60 - 27 have reduced this so that I can afford for now (not planning on dying anytime soon)
Presents (birthday, christmas etc) 30
Haircuts 30 - 10
Total monthly expenses 1526 - now 1198

Assets
Car(s) 400
Total Assets 400

No Secured nor Hire Purchase Debts

Unsecured Debts
Description Debt Monthly APR
Vanquis 629 6.80 34.9 payments agreed at 0%
Avon. 669 7.23 0
Lowell 1200 12.96 0
247Moneybox 305 3.24 4301 now 210
Txt loan 436 4.71 now 0%
Loan Xtra 250 2.70 Not sure
Cheque Centre 225 2.44 Not sure
Very 193 2.09 39.9
Capital One 253 2.74 34.9
Natwest 3524 38.05 0
Gothia 246 2.66 0
Total u/sdebts 7930 85.62 now 7835

Monthly Budget Summary
Total monthly income 1,622
Expenses (including HP & secured debts). 1,526 - now 1198
Available for debt repayments 96 now 424
Monthly UNsecured debt repayments 85.62
Amount left after debt repayments 10.38 now 338.38

Personal Balance Sheet Summary
Total assets (things you own) 400
Total HP & Secured debt 0
Total Unsecured debt 7,930
Net Assets.............................. -7,530


Now all I need is someone to help figure out payments.

mrskro

HeadAboveWater wrote: »

The title of your thread is Feeling blue and a more than a little defeated today. I disagree!!! Other than the overdraft and bank charges, to me it's actually a rather positive post!!

Read what you've wrote again...


What are you feeling blue about again?!?!?



Bingo!! Think you've said what me and prob a lot of others think too!!!

Thank you so much HaW!!!:o

HeadAboveWater

mrskro wrote: »

Thank you so much HaW!!!:o

hee hee

Sometimes it just takes someone else to look at things from a different angle!!!

mrskro

Did a little bit more jiggery pokery and with the money that I can save from other bits and bobs I could be DF in 22 months!!!!!!!!

Maybe all is not lost after all!