so much dept can get out

lynzpower

hi there

how many people are in your household?

Whats dinner money, is that for a child?

Is the household insurance buildings & contents- does seem very high, mine was half this ( with CIS)

suelongman

lynzpower wrote: »

hi there

how many people are in your household?

Whats dinner money, is that for a child?

Is the household insurance buildings & contents- does seem very high, mine was half this ( with CIS)

yes it is dinner money for my 13year old and its contents andbiulding insurance

RAS

Hi tried to reoranise this a bit

suelongman wrote: »

INCOMING

HUBBYS WAGE£---£1500
MINE----£600
CHILD ALLOWANCE---£72.00
Working tax credit ?????
Child tax credit ??????
TOTAL

---

"£2,172 plus????


OUT GOINGS MONTHLY

MORtGAGE--£1200
COUNCIL TAX--£100
GAS--£30.00
ELECTRICITY--£40.00
CAR PAYMENTS--£250 (is this his car or your taxi?)
CAR EXPENCES--£100 ditto
What are these ?
Car tax
CAR INSURANCE--£90.00 )his car or your taxi?)
DINNER MONEY--£20.00
TV LICENCE £10.00
HOUSEHOLD INSURANCE--£39.00 - can you get it cheaper, quidco)FOOD--£300 - very highNON PRIORITY DEPTS--£25.00 - what are these
Clothes?
Holidays
Presents
Entertainment

TOTAL--£2165 +_ plus

Would suggest that you need a spending diary so you can see what you are spending on?

Shineyhappy

suelongman wrote: »

hi couldent find the thread you said so will do it this way

OUT GOINGS MONTHLY INCOMING

HUBBYS WAGE£---£1500
MORGAGE--£1200 MINE----£600
COUNCIL TAX--£100 CHILD ALLOWANCE---£72.00
GAS--£30.00
ELECTRICITY--£40.00 TOTAL

---

"£2,172
CAR PAYMENTS--£250
CAR EXPENCES--£100
DINNER MONEY--£20.00
TV LIECENCE £10.00
CAR INSURANCE--£90.00
HOUSEHOLD INSURANCE--£39.00
FOOD--£300
NON PRIORITY DEPTS--£25.00

TOTAL--£2165
if your wondering about the car, i am a taxi driver so i have to have a car.
i work seven days a week to make up some of my monies

Are you both drivers or is the car just yours? Ninety pounds seems a lot for insurance.

Your mortgage also seems a lot any way of going interest only until you are in a better financial position? I had to buy my ex out of our flat and we used to have a repayment mortgage but at the moment I really cant afford that so the bank has changed the mortgage to interest only until the end of the mortgage term in 2 years, but seeing as I can make overpayments of 10% of the total mortgage each year I dont see it as a real problem as once I have paid off my unsecured debt I will then be paying it off with avengence.

taxi73

Hi there...I'm a taxi owner myself...
Is it your taxi or are you renting it etc...as these could have different outcomes...can you list taxi expenses seperate...then I can take a look from there...thanks..

suelongman

RAS wrote: »

Hi tried to reoranise this a bit

suelongman wrote: »

INCOMING

HUBBYS WAGE£---£1500
MINE----£600
CHILD ALLOWANCE---£72.00
Working tax credit ?????
Child tax credit ??????
TOTAL

---

"£2,172 plus????


OUT GOINGS MONTHLY

MORtGAGE--£1200
COUNCIL TAX--£100
GAS--£30.00
ELECTRICITY--£40.00
CAR PAYMENTS--£250 (is this his car or your taxi?)
CAR EXPENCES--£100 ditto
What are these ?
Car tax
CAR INSURANCE--£90.00 )his car or your taxi?)
DINNER MONEY--£20.00
TV LICENCE £10.00
HOUSEHOLD INSURANCE--£39.00 - can you get it cheaper, quidco)FOOD--£300 - very highNON PRIORITY DEPTS--£25.00 - what are these
Clothes?
Holidays
Presents
Entertainment

TOTAL--£2165 +_ plus

Would suggest that you need a spending diary so you can see what you are spending on?

the car is my taxi that is why the insurance is high,
car expences are fuel tax and repairs ,ie tyers brake pads ect.
i dont think £300 a month to feed 3 people is a lot
i only buy clothes when i can get some extra money
entertaenment whats that/
non priorety depts are credit cards ,loans, cataloge

suelongman

taxi73 wrote: »

Hi there...I'm a taxi owner myself...
Is it your taxi or are you renting it etc...as these could have different outcomes...can you list taxi expenses seperate...then I can take a look from there...thanks..

hi there fellow taxi driver you know what the deal is with us we have ups and downs .the car is my owen i have just bought it about 3 months ago.the other one was coting me to much in repairs. so despite the cost i got a 53 reg mondo
insurance -£90 a month
fuel about £100 a month
rent on computor £130 a week

suelongman

Shineyhappy wrote: »

Are you both drivers or is the car just yours? Ninety pounds seems a lot for insurance.

Your mortgage also seems a lot any way of going interest only until you are in a better financial position? I had to buy my ex out of our flat and we used to have a repayment mortgage but at the moment I really cant afford that so the bank has changed the mortgage to interest only until the end of the mortgage term in 2 years, but seeing as I can make overpayments of 10% of the total mortgage each year I dont see it as a real problem as once I have paid off my unsecured debt I will then be paying it off with avengence.

hi thanks for your input im afaid its gone beyond that my morgage company GEmoney wont do anything

Tashja

Hi hun

£300 a month is high for food - ours is about £100/£150 for 4 of us and a cat.

Look on the old style board for some ideas on how to lower this.

T xx

RAS

suelongman wrote: »

rent on computor £130 a week

Hi what is this. I cant match it up with any of the amounts on your original SOA?

is this an additonal expense?