New beginnings, New start ...

Olivia-Louise_2

Hi all self confessed new username as I had a lot of family following my old one and they are unaware of the situation I am in.

First off there's Me, Dp, a 4 year old, 2 year old and 5 week old, plus a dog.

We were unfortunately in a bad position over the last 6 months with DP having an injury at work leaving him out of work for 6 months :eek: Anyway he started back this month as well as our new arrival of baby number 3 we are hoping things are looking at going in the right direction :A

I have my SOA ready to be shot to pieces as things have majorly increased and a few bad decisions we are now in contracts for :o I know these where wrong to do and as soon as the contracts end (A long time yet) I will change them again

I love doing surveys and trying to make as much extra income as I can, as I feel pretty useless being at home why DP works, at least some contribution is better than none

Olivia-Louise_2

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....................

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 1025 (Basic, 99% of the time will be more but this is the first month back so no wage yet)
Benefits................................ 764
Other income............................ 0
Total monthly income.................... 1789

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 420
Management charge (leasehold property).. 0
Council tax............................. 145
Electricity............................. 80 (high I know but prepayment and cant seem to get it lower )
Gas..................................... 40 (Same as above)
Oil..................................... 0
Water rates............................. 22
Telephone (land line)................... 0
Mobile phone............................ 50 I know I know :o
TV Licence.............................. 13
Satellite/Cable TV...................... 75 :o Nothing else to say on this as soon as contract up this will be cancelled!
Internet Services....................... 0
Groceries etc. ......................... 280 £200 Groceries £80 Formula/nappies/wipes
Clothing................................ 30 Not every month but have some catching up to do and uniform
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 80 Bus passes odd taxi etc
Childcare/nursery....................... 0
Other child related expenses............ 10 Seems something every week at school!
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 80 This includes gifts, haircuts for kids etc
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1325


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Friend.........................220.......100.......0 (This fluctuates, its DP dept to his friend for fuel etc but my aim is to reduce it at least £50 a month by paying anything added on in the month + at least £50!)
Friend.........................900.......100.......0
Dad............................250.......0.........0
Mum...........................150.......0.........0
Fine...........................185.......20........0
Total unsecured debts..........1705......220.......-


Monthly Budget Summary
Total monthly income.................... 1,789
Expenses (including HP & secured debts). 1,325
Available for debt repayments........... 464
Monthly UNsecured debt repayments....... 220
Amount left after debt repayments....... 244 Will be good to see if this is true.

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -1,705
Net Assets.............................. -1,705

Adora-Bell-Dearheart

Good luck Olivia-I'll need to do an Soa too, scary! !

Olivia-Louise_2

Adora-Bell-Dearheart wrote: »

Good luck Olivia-I'll need to do an Soa too, scary! !

Thank you

Olivia-Louise_2

I dont really have much to update until we get to payday

However dreaded council tax bill arrived today and we are £303 in arrears So needs to be added to my debt, I have sent back the proposal of a payment plan and should hear back within 14 days hopefully.

Also partner now owes his friend £220 + £10

This weeks shop done £50.64
Fine paid £5
TV package paid £64

Bank balance £1.40

So hope nothing pops up!

[Deleted User]

Heyyyyyyyyyyy,

Popping on to say good luck.

I never post SOA too scared! So go you.

Dxxx

Olivia-Louise_2

Deleted_User wrote: »

Heyyyyyyyyyyy,

Popping on to say good luck.

I never post SOA too scared! So go you.

Dxxx

Thank you

I know I was worried about the response to some of the things in my SOA after seeing some replies in the past :rotfl:

[Deleted User]

Yup that was the reason I was too scared to post mine.

I am a wimp LOL

D xxx

Olivia-Louise_2

So today has seen the meal plan done, half the paperwork for what bills and what dates done will finish when littles in bed and ironing is caught up on.

Happy to report a NSD though

[Deleted User]

Oh love a wee NSD. Very rarely happens in my life but might set myself a wee NSD challenge for May 2014.

Dxxx

Olivia-Louise_2

Have been sitting playing with spreadsheets and transferring all my "bits of paper" onto my laptop to try and be organised

This week I arrived at an appointment that isn't until next week opps!

I have to get organised but to be honest finding things difficult to get a routine now there's 3 small ones and OH back at work

However started as I mean to go on and have totally sorted out the upstairs all toys sorted and cleaned, all clothes sorted.

13 black sacks to charity, 3 to list on ebay and a list as long as my arm of clothes that need replacing in bigger sizes. This happened after dressing them Friday morning and realising neither of the bigger two had one outfit that fit! I'm hoping they can make do until payday Well they have no choice

Made a full list of in and outgoings on the dates etc its going to be a struggle until things settle down I think