MFW Diary - Take 1!

Lois_E

Calfuray wrote: »

Bah, it's only 7.30. Plenty of time.

I love how much thought you put in, and your reasonings are very good. Think I may have to change mine now

Thank you. It's amazing how creative I can be where there is something I ought to be doing that I am putting off. It's like how the only time I get ahead with all my marking at school is when I have reports to write.

I'm now making more alterations to my sig, and have asked people's opinions about it on my own thread so I know where to find it if I want to refer back to it.

No, no, no, I cannot go and make my children get ready for tomorrow yet. Don't you know I have a sig to redesign! *fights battle with conscience and eventually loses*

gallygirl

Lois_E wrote: »

Thanks both of you. I've changed it.

What I didn't like before was that the ISA and EF were orange (which looked too much like debt) and the family loans were blue, which ought to have been a positive, savings-related, in-the-black kind of thing. So now I've got the family loans in orange, so the colour is related to the mortgage debt colour, but a lesser version.

Does that make everyone's OCD feel OK? I am feeling happy and relieved that I hadn't done anything to offend anybody, and nobody wants to ask me to do anything v time consuming or difficult or illegal or immoral or anything. Instead I got a lovely suggestion that's improved my sig.

I think it would me much easier if you just paid off the mortgage really. Have you fixed the formula yet .

v1ckyt

Hello Cal,
Just found my way to your diary via Lois_E's and read the whole thing, off to subscribe now.

Calfuray

v1ckyt wrote: »

Hello Cal,
Just found my way to your diary via Lois_E's and read the whole thing, off to subscribe now.

Just saw your post Vicky, thanks. Have read your diary too

Calfuray

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.................... 2

Monthly Income Details
Monthly income after tax................ 965
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 965

Monthly Expense Details
Mortgage................................ 131.2
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 40
Electricity............................. 15
Gas..................................... 15
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 10.75
Mobile phone............................ 22
TV Licence.............................. 6.5
Satellite/Cable TV...................... 0
Internet Services....................... 20
Groceries etc. ......................... 0
Clothing................................ 0
Petrol/diesel........................... 60
Road tax................................ 10
Car Insurance........................... 30
Car maintenance (including MOT)......... 0
Car parking............................. 10.85
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 5
Contents insurance...................... 5
Life assurance ......................... 5
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 5
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 250
Total monthly expenses.................. 666.3


Assets
Cash.................................... 2200
House value (Gross)..................... 65000
Shares and bonds........................ 60
Car(s).................................. 800
Other assets............................ 0
Total Assets............................ 68060


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 57200....(131.2)....3.99
Total secured & HP debts...... 57200.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................4300......153.......5.9
Total unsecured debts..........4300......153.......-


Monthly Budget Summary
Total monthly income.................... 965
Expenses (including HP & secured debts). 666.3
Available for debt repayments........... 298.7
Monthly UNsecured debt repayments....... 153
Amount left after debt repayments....... 145.7

Personal Balance Sheet Summary
Total assets (things you own)........... 68,060
Total HP & Secured debt................. -57,200
Total Unsecured debt.................... -4,300
Net Assets.............................. 6,560

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

Hm.

Calfuray

Pretty rubbish day today, hacked off with something that happened at uni.

OP of £100 made for April, and paid for car tax this month. Went to see friend's show last night - absolutely amazing but I'm now shattered from being home late - which probably didn't help with uni!
So upset I ended up missing my first lecture in my two years at uni.

Assignments up to my eyeballs right now too, and applying for more summer jobs.

In other news, going to CostCo and Ikea next week, will be keeping a firm hand on my card! Any regular go-ers have any recommendations for what I should try out at CostCo? Worried my wee car won't be big enough!

Been catching up on diaries and having a general browse. Wish I had more money, I'm trying to find a way to squeeze more money out and into mortgage, but don't want to give up my little luxuries...

Lois_E

Sorry to hear about upsetting thing at uni.
Hope things look brighter for you soon.

Alchemilla

Sorry it was a bad day. You're doing a degree? What are you reading?

Calfuray

Thanks guys. I'm class rep for that subject so about to email the lecturer with feedback once I get friend to check it over. See what they say.

And I'm doing Computing Science/Software Engineering Alchemilla

toerag33

Hi Calfuray

I do my weekly shop in Costco! But also buy for my neighbours as well so we all benefit. I buy 5 doz eggs at the lower price because of this but couldn't use this quickly enough on my own. Costco bulk buying helps me manage my budget but we are strict. We also have the storage so if it is on special offer we stock up if we use it. My OH picks up the odd thing from the supermarket for me - I can't go as I end up spending money. He orders spices from the internet.

My cousin made a list with the prices of all the foods etc she buys/uses regularly and I do a Costco shop for her.

I need to get my head round meal planning and spread sheets as that is what I keep reading about on the forum. We are needing to get on top of this bit of the budget as it has gone by the wayside as we have been dealing with some family difficulties.

Kind regards

toerag33