After every storm the sun will smile

b0nz0

NSD today :T, lounging about in my jim jams and cleaning in the ad breaks. Kiddos have gone to see gran and Grampa, hubby's at work and it's the first time I've had time on my own in forever so I'm enjoying every second of it I should be buying the last few bits and bobs I need for Xmas but I'm enjoying the empty house too much! Working tomorrow so I'll attempt a mad dash when I finish or on my lunch break to get what's needed. I hope the nutters won't be out in force scrambling over the last bag of sprouts. :rotfl:

b0nz0

Supermarket was a nightmare!! Managed to get everything except washing powder, which I'll send hubby out for tomorrow (such a nice wife ).

Working tomorrow, boo, but think everything's set for Christmas. Going to try and prep most of the meal tomorrow evening to save time and stress on the big day. Ha! I'll believe that when it happens.

Totally cream crackered so off up the sleepy staircase to Bedfordshire for me.

b0nz0

So a few days of bargain snatching at the supermarkets and I managed to get a load of bakery items for 9p each so the freezer is well stocked

Not much else to report right now. Pay day soon and I can't wait!!

b0nz0

Yay, payday!!!! £220 paid off family loan so down to the last debt. Have also stashed £100 away into a "slush fund". Here's to 2014 being the end of being in debt!

Happy new year everyone xx

b0nz0

So, financial goals for this year:
1) pay off car loan by August (planning to overpay by £400 a month)
2) save £600 for emergency/slush fund by June (£100 a month)
3) save £2500 towards house deposit by the end of 2014 (£500 a month August-December)

Come on 2014 let's be having you

b0nz0

Soooo budget wise all going well so far, have just plugged some figures into an overpayment calculator and if we stick to plan and overpay our loan by £400 a month we'll save approx £1600 in interest!!! Definite motivation there to get it gone and gone for good!

Have signed up for even more overtime so next months wage should be double what I normally get. Hubby's earned approx £300 in OT too so after overpaying the loan and setting aside some in the slush fund we're finally buying the kids new beds. It's been a long time coming and the ones they have now were begged and borrowed until we could afford new. As ridiculous as it sounds this makes me SO happy. Finally feel like we're getting somewhere

b0nz0

Finally remembered to renew my car insurance today. Called my current provider to tell them I wouldn't be renewing and that I had a quote which was £150 cheaper and included protected no claims. I thought they may have tried to haggle with me but they didn't bother their buttocks. Sooo now my monthly figure is down from £40 to £27.19. Not quite sure how paying car insurance monthly works in regards to credit files but i'm hoping it will have a good impact on mine as before now all direct debits came out of my hubby's account. I now have the car insurance, pet insurance, car service plan and gym memberships coming out of my account with no missed payments so fingers crossed it will be doing some good!

Which reminds me, I need to write letters to the gym giving one months notice to cancel our membership!!

b0nz0

Trying to get organised etc so here is our up to date SOA :eek:



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\outl0\strokewidth0 \strokec2 Statement of Affairs and Personal Balance Sheet\
\
Household Information\
Number of adults in household........... 2\
Number of children in household......... 3\
Number of cars owned.................... 1\
\
Monthly Income Details\
Monthly income after tax................ 505\
Partners monthly income after tax....... 1785\
Benefits................................ 188.8\
Other income............................ 0\
Total monthly income.................... 2478.8\
\
Monthly Expense Details\
Mortgage................................ 0\
Secured/HP loan repayments.............. 0\
Rent.................................... 650\
Management charge (leasehold property).. 0\
Council tax............................. 156\
Electricity............................. 80\
Gas..................................... 80\
Oil..................................... 0\
Water rates............................. 0\
Telephone (land line)................... 30\. Includes phone, line rental and BB. It's actually less than this but I over budget in case of call charges.
Mobile phone............................ 25\ 2xPAYG me £10 hubs £15 as he gets unlimited data which he uses a lot at work
TV Licence.............................. 12.12\
Satellite/Cable TV...................... 0\
Internet Services....................... 0\
Groceries etc. ......................... 350\
Clothing................................ 0\ comes out of surplus when needed although the family seems to go mad with buying the kids clothes
Petrol/diesel........................... 150\ slight over estimate but again I like to do that just in case.
Road tax................................ 0\ included in maintenance
Car Insurance........................... 27.19\
Car maintenance (including MOT)......... 50\ includes a service plan with the dealer we bought the car from so should be more than enough
Car parking............................. 0\
Other travel............................ 0\
Childcare/nursery....................... 0\
Other child related expenses............ 0\
Medical (prescriptions, dentist etc).... 0\
Pet insurance/vet bills................. 18.88\ includes pet plan which gives "free" worming, flea treatment and yearly check ups plus a discount for any treatment needed.
Buildings insurance..................... 0\
Contents insurance...................... 4.49\
Life assurance ......................... 0\
Other insurance......................... 0\
Presents (birthday, christmas etc)...... 50\ I have a huge family!
Haircuts................................ 0\ I cut hubby's and kids hair, I get mine done once a year if that so it's paid for as and when we have spare £
Entertainment........................... 0\ no set amount, just whatever we have left after paying everything listed here.
Holiday................................. 0\ sacrificing holidays at least until the car loan is paid in full. Will re-evaluate later
Emergency fund.......................... 100\
Gym..................................... 68\ this only has 1 more moth to run, 2 max depending on when I need to hand in notice to cancel.
Netflix................................. 5.99\
Total monthly expenses.................. 1857.67\
\
\
Assets\
Cash.................................... 0\
House value (Gross)..................... 0\
Shares and bonds........................ 0\
Car(s).................................. 3700\
Other assets............................ 0\
Total Assets............................ 3700\
\
No Secured nor Hire Purchase Debts\
\
Unsecured Debts\
Description....................Debt......Monthly...APR\
Car loan.......................3282......161.......39.9\
Total unsecured debts..........3282......161.......- \
\
\
Monthly Budget Summary\
Total monthly income.................... 2,478.8\
Expenses (including HP & secured debts). 1,857.67\
Available for debt repayments........... 621.13\
Monthly UNsecured debt repayments....... 161\
Amount left after debt repayments....... 460.13\
\
Personal Balance Sheet Summary\
Total assets (things you own)........... 3,700\
Total HP & Secured debt................. -0\
Total Unsecured debt.................... -3,282\
Net Assets.............................. 418\
\}

My wage is the bare minimum I get. I have never received this amount yet in almost a year. I always get overtime of some description, Sunday premium and I earn commission which is at least £50/ month. I don't like to rely on OT or commission so haven't put it in above.

£400 will go towards overpaying the car loan per month and then any OT and comm will be used as spending £. If available spends seem high then I'll over pay the loan some more.


My God, I've just read over this post and I've bored myself rigid! I'll try and make my next posts a tad more entertaining :A

(Apologies for the lay out and gobbledygook. I'm on hubby's iPad and I have no idea what I'm doing!! )

b0nz0

Sooooo I've been working the last few days, commissions sat at £60 for next month which isn't too bad considering it was only a 3 week period and I was on holiday for one of those weeks . Commission built after that is also sat at £60 so far but with a further 4 weeks of the time frame left so there's opportunity to boost that!

Phoned the gym this morning and our contract ends at the end of this month. Need to give a months notice so 1 more payment and we're done! WOOHOO!!! Hubby's not so happy but I'm sure he'll come round when we get some bits and bobs to workout at home. If not then he can bench press my Lardy butt, that will be a serious workout hehe!

Got a bit of disappointing news at work. After Feb they're cutting back on overtime as they're over budget so I'll be back down to my basic hours <boo hiss boo> but spoke to hubby and he's happy to do 1 overtime shift a month so we can keep on track! It's ridiculous, he earns in 1 shift pretty much what I earn in a week. I'm so in the wrong job!!

b0nz0

OOOooooo, just logged in to my online banking and the Child Benefit has been paid in. Because I work it out as 12 monthly payments instead of 13 4 weekly ones it means this one is 'surplus' and we can manage until the next one is due. So, for the first time in a long time we have been sensible and instead of thinking "i'm going to buy a gold plated toilet seat", or something equally unnecessary I have logged straight on to the loan website and made an over payment of £180 :eek::T

Oh, this being a grown up malarky is strange!!

Now I have to break it to the hubby that his derriere will have to make do with B&Q's finest loo seat for a little while longer.