New beginnings, New start ...

Olivia-Louise_2

Friend [STRIKE]£220 + £100[/STRIKE] £200
Friend £900
Dad [STRIKE]£305[/STRIKE] £280
Mum £150
Fine [STRIKE]£185[/STRIKE] £165

Total [STRIKE]£1800[/STRIKE] £1695

Plus Council tax [STRIKE]£1220.85[/STRIKE] £1103

So total now [STRIKE]£3020.85[/STRIKE] [STRIKE]£2975.85[/STRIKE] £2798

[STRIKE]I know the total figures don'e add up because the Friend debt rises almost daily.[/STRIKE]

To make things simpler for myself so I don't look like I'm treading water I'm going to take Friend 1 out as this is OH friend and work related debt that builds daily and isn't something I can control

Olivia-Louise_2

Friend £900
Dad [STRIKE]£305[/STRIKE] £280
Mum £150
Fine [STRIKE]£185[/STRIKE] £165
Council tax [STRIKE]£1220.85[/STRIKE] £1103

So total now [STRIKE]£2610.85[/STRIKE] £2448

£162.85/£2610.85

6.2% paid

Olivia-Louise_2

So quite a while since I posted, major changes here OH has decided he no longer loves me and has left as of last week. I'm not sure where to go next or what to do I keep hoping he will just come back Seeing I didnt receive his wages etc this week my debt has now gone up

Friend £900
Dad [STRIKE]£305[/STRIKE] [STRIKE]£280[/STRIKE] £500
Mum [STRIKE]£150[/STRIKE] £50
Fine [STRIKE]£185[/STRIKE] £165
Council tax [STRIKE]£1220.85[/STRIKE] [STRIKE]£1103[/STRIKE] £1011

So total now [STRIKE]£2610.85[/STRIKE][STRIKE] £2448 [/STRIKE] £2626 :(

Olivia-Louise_2

So this week I need to see where I stand with everything.

I need to pay the debt and stop getting further behind.

Everything feels like a huge mess right now

DawnW

so sorry to hear about your situation. Would you be able to get advice from either the CAB or one of the debt charities such as step change?

Olivia-Louise_2

DawnW wrote: »

so sorry to hear about your situation. Would you be able to get advice from either the CAB or one of the debt charities such as step change?

Thank you

I have spoke to cab and half of the phone calls needed to be made have been made. I give up for today and will call the rest tomorrow.

I need to get sorted and go hunt the charity shops for some clothes for the kids.. it seems the sun makes them grow! and all the plans we had to get them on payday have obviously not paid off so mad and upset right now:o

Olivia-Louise_2

Still not sure what's happening money wise.

But some payments made out my child benefit. Have to be really careful as this is all I have to manage on.

Friend £900
Dad [STRIKE]£305 £280 £500[/STRIKE] £430
Mum [STRIKE]£150 £50[/STRIKE] £0
Fine [STRIKE]£185[/STRIKE] £165
Council tax [STRIKE]£1220.85 £1103 £1011[/STRIKE] £1000

So total now [STRIKE]£2610.85 £2448 £2626[/STRIKE] £2495

Not much but heading in the right direction.

This week is set to see me needing to sort out some income from somewhere. Meal plan and a budget. Never really had to be so responsible before

Olivia-Louise_2

Statement of Affairs and Personal Balance Sheet[/b]

Household Information
Number of adults in household........... 1
Number of children in household......... 3
Number of cars owned....................

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1108
Other income............................ 0
Total monthly income.................... 1108

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 60
Management charge (leasehold property).. 0
Council tax............................. 40
Electricity............................. 60 (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............................ 30 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. ......................... 200 £120 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.................. 740


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.........................900.......100.......0
Dad............................500.......80.........0
Council Tax .................1000.....40.........0
Fine...........................165.......20........0
Total unsecured debts..........2565......240.......-


Monthly Budget Summary
Total monthly income.................... 1108
Expenses (including HP & secured debts). 740
Available for debt repayments........... 368
Monthly UNsecured debt repayments....... 240
Amount left after debt repayments....... 128 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.................... -2565
Net Assets.............................. -2565

Olivia-Louise_2

So things arent as bad as I first thought it would be. There's still areas I can cut back on which is my aim. Need to meal plan etc and stick to it.

Need to watch for Virgin contract ending and cancel. Same as mobile phone.

I need to focus on paying the debt and keeping the kids happy.

Have some bills to pay, shopping to do and then to see if I can make payments off some debt

debtfreewannabe321

Firstly congratulations on the new addition you certainly have your hands full there. Does your 4 year old start reception this September or next? Sorry to hear about your OH leaving is it because you're paying attention to the kids more than him (rightly so) my dh walked out on us after I had the smallest two ...he came back with tail between his legs though.

When is your sky (? Tv package? ) due to end. Call them up and plead poverty, cry if need be (I find it's better than ringing the samaritans and you will save money) they should give you some sort of offer. When it's up cancel and get a freeview box (I intend to do this when my one is up)

If your debt is at 0% then I would be saving a small amount each month in case of emergency. When I was in debt I would try and put £50 away each month. It's not always achievable but if you can build up a small amount then if you have a bad month or emergency then it won't set you back.

Take care xx