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Fat, forty and financially f**ked

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  • 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.................... 2

    Monthly Income Details

    Monthly income after tax................ 1227.17
    Partners monthly income after tax....... 0
    Benefits................................ 990
    Other income............................ 0
    Total monthly income.................... 2217.17


    Monthly Expense Details

    Mortgage................................ 0
    Secured/HP loan repayments.............. 0
    Rent.................................... 0
    Management charge (leasehold property).. 0
    Council tax............................. 132
    Electricity............................. 46.5
    Gas..................................... 46.5
    Oil..................................... 0
    Water rates............................. 44.14
    Telephone (land line)................... 0
    Mobile phone............................ 35
    TV Licence.............................. 12.83
    Satellite/Cable TV...................... 0
    Internet Services....................... 37.74
    Groceries etc. ......................... 346
    Clothing................................ 30
    Petrol/diesel........................... 100
    Road tax................................ 29.31
    Car Insurance........................... 40
    Car maintenance (including MOT)......... 20
    Car parking............................. 0
    Other travel............................ 30
    Childcare/nursery....................... 0
    Other child related expenses............ 20
    Medical (prescriptions, dentist etc).... 100
    Pet insurance/vet bills................. 0
    Buildings insurance..................... 12
    Contents insurance...................... 0
    Life assurance ......................... 49.56
    Other insurance......................... 14.85
    Presents (birthday, christmas etc)...... 50
    Haircuts................................ 32.4
    Entertainment........................... 150
    Holiday................................. 200
    Emergency fund.......................... 100
    Total monthly expenses.................. 1678.83



    Assets

    Cash.................................... 0
    House value (Gross)..................... 250000
    Shares and bonds........................ 0
    Car(s).................................. 6000
    Other assets............................ 0
    Total Assets............................ 256000


    No Secured nor Hire Purchase Debts


    Unsecured Debts
    Description....................Debt......Monthly...APR
    HSBC CC........................6282.35...157.1.....17.9
    Capital One CC.................1280......48.99.....30.3
    Total unsecured debts..........7562.35...206.09....-



    Monthly Budget Summary

    Total monthly income.................... 2,217.17
    Expenses (including HP & secured debts). 1,678.83
    Available for debt repayments........... 538.34
    Monthly UNsecured debt repayments....... 206.09
    Amount left after debt repayments....... 332.25


    Personal Balance Sheet Summary
    Total assets (things you own)........... 256,000
    Total HP & Secured debt................. -0
    Total Unsecured debt.................... -7,562.35
    Net Assets.............................. 248,437.65


    Created using the SOA calculator at https://www.stoozing.com.
    Reproduced on Moneysavingexpert with permission, using other browser.
  • That's our new, healthy looking SOA.

    It's realistic and based on facts. I will attempt to put those amounts into pots for future and use the amount left over for holiday etc for next two months sticking to the small overpayments. Then will I start chucking it at our debt and hopefully be able to pay for things like car insurance up front.
  • girlatplay
    girlatplay Posts: 3,884 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hello

    I read through your diary a few weeks ago and have been lurking ever since. Just coming out of lurkdom to say, I also have various future pots for future. Honestly, it makes a huge difference having them if you can hang on to them. To help me, I also have a "mini emergency fund" pot which really means that if I, as you put it, overspend on a category (I don't have YNAB), I have a pot there to dip into without touching my future pots. Would mean that you would need to reduce the amount that goes into each future pot each month but if you're dipping them anyway then it shouldn't matter a huge amount.

    I'm away back to lurking again. Keep going!

    Gap x
    Mortgage at 12/07/2022 = £175,000
    Mortgage today = £161,690.76
    300 271 payments to go.
    House buyout fund £21,000/£40,000
  • That is actually an excellent idea! A slush fund for minor variances.
  • Survey progress:
    Swagbucks £31.69
    Onepoll £12.35
    Prolific academic £13.46
    Populus £4
    Opinion outpost £3.75

    Total - £65.25 :T
  • MSE things I've done in the last few days:
    Converted DS2's trousers into shorts rather than binning them
    Phoned up both Boots Advantage and Nectar to reactivate accounts
    Baked banana fudge cookies with the squishy bananas
    Spent a £10 love to shop voucher I got for helping with some research at Waterstones
    Triple value Clubcard vouchers - see below
    Bought a new kettle using a John Lewis voucher we had for Christmas
    Done an epic meal plan for the week (epic because it has to cater for food phobic DS2, busy DS1 and extremely busy DD plus possible for DH to cook in short bursts. Complicated)
    Did an excellent Aldi shop today and stuck totally to the list. :money:


    Wages went in on Friday and have all immediately been allocated for bills. We're fine until child benefit day on 11th. That will then need to cover 2 food shops and the last 2 bills. Then universal credit goes in on 21st and that will cover all the payments to the future pots as per the most recent SOA.

    Have also paid for Eurotunnel for our holiday in July but used a £20 Clubcard voucher to pay for £60 of it. We did many long complicated sums re ferry/flying/driving and this is definitely the cheapest way to go even allowing for an extra couple of tanks of petrol.

    Looking forward to an evening at a local small theatre this week - friend driving and tickets were only £10 :beer:
  • Today have done 3 loads of washing, put 2 through the drier, made flapjack with linseed that we had in the cupboard, planned DS2's packed lunches (can you tell I'm having a go at getting him to eat new stuff?), done all the washing up (dishwasher broke a month ago and it's just not a priority), done all the drying up, listened to The Archers, cleaned the kitchen and am now having a sit down with a cuppa!
  • Tired just reading all that! Happy Sunday Xx
    Debts @ LBM £23,729.31. Debts @ 08/04/2016 £0 :j
    Best win so far - holiday to Florida
  • I have spectacularly failed at getting up again since I sat down...
  • Pooky
    Pooky Posts: 7,023 Forumite
    1,000 Posts Combo Breaker
    Get DH back to the drs and ask for a referral to rheumatology for the fibro diagnosis. We played the neuro game for 6 years before someone pointed us towards rheumatology. My DH is a similar age to yours and everyone kept saying, it's likely to be MS but they just couldn't tie it all up. He saw the rheumatology department and had a diagnosis within 5 minutes. It's helped with pip and ESA and the pain clinic we're able to tweak his meds to help more, especially with the muscle spasms.

    One of the biggest things that's helped with the fibro fog has been giving up gluten, he still has the foggy times but they're not as bad.

    I know some drs don't really think fibro is a diagnosis because it can cover so many symptoms but I think it helps the patient to have something to go on.

    Good luck x
    "Start every day off with a smile and get it over with" - W. C. Field.
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