SOA loss of business/new baby hardship

McKneff

Could your partner not get a part time evening/weekend or night work.

Cant see any reason why she cant contribute to the famly coffers.

kimi1977

Car: Yes I can see now £400 - hell it is adding up to a lot with insurance (i insure my partner so she can go to baby groups)
and petrol.

Partner: I have tried asking her, but she said she doesnt want to miss out on the baby development and doesnt want to work before the baby is a year old. Am I being unreasonable ?

McKneff

kimi1977 wrote: »

Car: Yes I can see now £400 - hell it is adding up to a lot with insurance (i insure my partner so she can go to baby groups)
and petrol.

Partner: I have tried asking her, but she said she doesnt want to miss out on the baby development and doesnt want to work before the baby is a year old. Am I being unreasonable ?

No you aren't but she is.

She could be working while baby sleeps, evening work, bar, hotel work early mornings.

Bit cheeky of her to be honest, given the circumstances.

Take her off the car insurance, if she doesn't work, she has plenty of time to spend while walking baby to get lots of baby development watching.

[Deleted User]

kimi1977 wrote: »

Sky is on 12 month contract, so ends November / Dec so I can cancel now

Then I'd do that straight away.

Also the TV Licence, if you can bare to be without live TV.

Space on Barclay card yes around £2000-3000 credit
HB

Any chance of BT-ing that amount from the Gold Card?

At the current rate you are paying it, the Gold Card will take 90 months to clear, and cost you £6,088 in interest. :eek:

If you BT-d £3,000, you would be left with £1,600 on it, which would take you 16 months, and cost you just £284 in interest.

BTW. What's the £20 for "Other child related expenses"?

[Deleted User]

I think your partner needs to be looking at finding some kind of work now.

I don't think you can keep going, for almost another year, being more than £400pm short on your commitments.

Be honest, how long will it be before you are forced to default on your debts?

kimi1977

McKneff wrote: »

No you aren't but she is.

She could be working while baby sleeps, evening work, bar, hotel work early mornings.

Bit cheeky of her to be honest, given the circumstances.

Take her off the car insurance, if she doesn't work, she has plenty of time to spend while walking baby to get lots of baby development watching.

I must clear up a few things here, I looked after £500 for her (her money)out of which was left around 5 months of her car insurance contribution £25 p/month so there is around 3 or 4 months left that she has paid for her share. I pay for the overall £74 insurance.
She recent has been diagnosed with PND in the last week.
It has been very hard for us both

[Deleted User]

I appreciate it's been hard (caring for a baby is always hard work, PND notwithstanding), but defaulting is just going to add to the pressures.

Your current commitments are just not sustainable, with your current income.

You've either got to massively cut your household spending (which I don't think is going to be possible, without seriously impacting on your health and/or happiness), or increase your household income.

kimi1977

Bedsit_Bob wrote: »

I appreciate it's been hard (caring for a baby is always hard work, PND notwithstanding), but defaulting is just going to add to the pressures.

Your current commitments are just not sustainable, with your current income.

You've either got to massively cut your household spending (which I don't think is going to be possible, without seriously impacting on your health and/or happiness), or increase your household income.

Yes thats why I want to do something about it Now, rather than when it is too late.

For my own contributions, I am applying for jobs while I run my existing remaining business.

My business does have an overdraft, I could if I put my mind to it (as a businessman / self employed for 13 years) try and come up with new business options, things to sell on eBay, new ideas and rely on myself, its just crossing that bridge inbetween.

I feel my partner has dealt with a lot, she gave up a teaching role in France on fair money to have the baby while still a student, so it has been a major change for her. I also lost my office earlier this year (which has made working from home difficult, concentration wise)

These household commitments are affectively until sept 2014
by that time my partner will be going forward to her new role.

£400 is a lot for the car, I have now just realised but I guess I am basing all of that on my previous pre baby life!

Is there a way of hiring, leasing a car for 2 days a week? or some more cost affective option.

cutestkids

Why do you need the car at all is it just so that your partner can go to baby groups if so then you really need to get rid of it.

She can get the bus surely or walk, when my two were little I regularly walked with the pram to the baby group in town which is 3 miles each way.

Sometimes I would walk one way and get the bus back other times I would walk both ways.

[Deleted User]

kimi1977 wrote: »

These household commitments are affectively until sept 2014
by that time my partner will be going forward to her new role.

What are you going to do, for those 11 months?

By September, you will have either spent nearly £5,000 you don't have, or will have defaulted on your debts.

You need action now, not in 11 months.