Disappointment and desperation at their finest.

ani*fan

Hi again

Isn't it strange when managing your money takes over almost every waking hour? I think it's your light bulb moment. Embrace it.

Did you get your new account opened yet? Not that I'm hassling you about it but in the words of kitten 868, do it do it do it.

While you're at it, you need to work out exactly what your situation is and make a statement of affairs. You didn't put your overdraft in your list of debts, you need to do that, it's a debt. You only listed car insurance in your outgoings, cars cost more than that, include mot, petrol, road tax and maintenance.

If you post your soa on here the good people at mse will help you figure out how to make it work. There are lots more things you can do but it won't happen overnight. It will get better if you work at it. Sticking your head in the sand never worked for any of us. Unfortunately.

Best of luck and keep us posted.

Harleyquinn

ani*fan wrote: »

Hi again

Isn't it strange when managing your money takes over almost every waking hour? I think it's your light bulb moment. Embrace it.

Did you get your new account opened yet? Not that I'm hassling you about it but in the words of kitten 868, do it do it do it.

While you're at it, you need to work out exactly what your situation is and make a statement of affairs. You didn't put your overdraft in your list of debts, you need to do that, it's a debt. You only listed car insurance in your outgoings, cars cost more than that, include mot, petrol, road tax and maintenance.

If you post your soa on here the good people at mse will help you figure out how to make it work. There are lots more things you can do but it won't happen overnight. It will get better if you work at it. Sticking your head in the sand never worked for any of us. Unfortunately.

Best of luck and keep us posted.

I was hoping i'd get away with not putting up an SOA lol darn you!! :P silly question, do you know where i'd get a template for it?

ani*fan

I'm not sure where to get a template but there''s probably one on here. Just do a search for it.

Harleyquinn

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 400
Partners monthly income after tax....... 0
Benefits................................
Other income............................ 475 (student loan)
Total monthly income.................... 875

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 150
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 41
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 0
Petrol/diesel........................... 150
Road tax................................ 19.66
Car Insurance........................... 36
Car maintenance (including MOT)......... 10
Car parking............................. 34.40
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance .........................
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 591.06


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1600
Other assets............................ 0
Total Assets............................ 1600

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly.. .APR
Very...........................283.55......35........ .0
Barclays.......................535.79......41.... .0
Argos....................80.......20.........0
Aqua....................1792.31.....52...... .0
Total unsecured debts..........2691.65.....148....-


Monthly Budget Summary
Total monthly income.................... 875
Expenses (including HP & secured debts). 739.06
Available for debt repayments........... 135.94
Monthly UNsecured debt repayments....... 148
Amount short for making debt repayments. -0

Personal Balance Sheet Summary
Total assets (things you own)........... 1600
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2691.65
Net Assets.............................. -1091.65


Ok, so it would appear that I have £135 spare. Anyone know where this money goes? lo

triple_choc_chip

Harleyquinn wrote: »

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 400
Partners monthly income after tax....... 0
Benefits................................
Other income............................ 475 (student loan)
Total monthly income.................... 875

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 150
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 41
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 0
Petrol/diesel........................... 150
Road tax................................ 19.66
Car Insurance........................... 36
Car maintenance (including MOT)......... 10
Car parking............................. 34.40
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 30
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance .........................
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0 You never buy a present for anyone?
Haircuts................................ 0 Never have your hair cut?
Entertainment........................... 0 Never go out?
Holiday................................. 0
Emergency fund.......................... 0
(Unnamed monthly expense)............... 0 coffees, sweets, newspapers, mags, cans, bottles of water, etc
Total monthly expenses.................. 591.06[/B]


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1600
Other assets............................ 0
Total Assets............................ 1600

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly.. .APR
Very...........................283.55......35........ .0
Barclays.......................535.79......41.... .0
Argos....................80.......20.........0
Aqua....................1792.31.....52...... .0
Total unsecured debts..........2691.65.....148....-


Monthly Budget Summary
Total monthly income.................... 875
Expenses (including HP & secured debts). 739.02 Did you manipulate this total? Because it includes your unsecured repayments which means you have accounted for them twice.
Available for debt repayments........... 135.94
Monthly UNsecured debt repayments....... 148
Amount short for making debt repayments. -0

Personal Balance Sheet Summary
Total assets (things you own)........... 1600
Total HP & Secured debt................. -0
Total Unsecured debt.................... -2691.65
Net Assets.............................. -1091.65


Ok, so it would appear that I have £135 spare. Anyone know where this money goes? lo

Hiya, I've written by the parts that may give you a clue to where it goes. The good news is that you should have something left once you've got a grip on it. Keep a spending diary - I use the small one in my handbag - write down everything you spend each day. It's enlightening to look back and then you can adapt. Good luck.

fuzzyduck22

Hi HQ

I hope you manage to get a student account soon. When I was a student (early 2000s) I got a £2k interest free overdraft for the while time which then changed to a graduate account. If your bank wont give you one another hopefully will.

As for your leftover money well that likely goes on the wee things u buy day to day...a chocolate bar, sandwich, quid to charity etc.

Harleyquinn

Thank you TCC. I buy presents but dont put money by for these. I normally plan what people are getting for birthdays/christmas and buy in the Jan sales. My cousin cuts my hair free of charge and I rarely go out lol.

Oh, didn;t realise I'd accounted for my unsecure debts twice, oops. I'll fix that in a mo

Kitten868

There is a matched betting board. I know it's tempting but you don't have it to lose so I wouldn't touch it
I don't mean to sound so bossy just over keen to help I'm sorry!!! I really ballsed up in my student days so that's probably why.
I'm going Samsung, I never have luck with iPhone batteries. Hubby is very smug with his Samsung. Camera and battery are much better. I tried sim only. iPhone broke 6 weeks in and cost me a bomb. All sounds good

Harleyquinn

Oh, I wont right now But considering doing it in the future when I'm in a much better financial position haha.

Your help is very much appreciated Kitten!

I've heard a lot of good things about Samsung so that will probably be my next move.

ani*fan

How's it all going Harleyquinn?

I hope you managed to get your bank sorted out. Let us know what happened.

AFx