Fat, forty and financially f**ked

mothsinmywallet_2

Just earned a quick £5 doing surveys on Populus. Think I have about £23 in there now, not long to go until I cash out.  

alt80

@mothsinmywallet_2 sounds like you’re doing what’s right for you and yours.

enthusiasticsaver

New soa looks good and I agree that using credit is probably not wise for you.  Concentrate on putting any spare money into savings perhaps rather than overpay the cards.  Being so heavily reliant on benefits you are vulnerable to any changes in benefit policy.  

mothsinmywallet_2

Universal credit arrived in the bank today. Happy half hour spent giving every pound a job. Was a tiny bit more than I was expecting so have paid an extra £11.13 off the credit card. 

mothsinmywallet_2

2 big bags full of food from our local co-op - all yellow stickered. Best bargains were 4 punnets of plums for 25p each (was all DD and I could carry) and 3 loaves of my favourite bread. They plums will be cooked and put in freezer for crumble. Although one punnet may just get eaten by DS1 as a late night snack...

mothsinmywallet_2

Plum and honey crumble for pudding last night. It's a Hugh FW recipe I used to make lots when the kids were little. Really delicious. One consumed last night and one in the freezer. 

We have no plans for half term beyond getting out for a few free walks. I really need to clean and sort the house and catch up with some uni work. DH is staying over at a friend's house to dog sit tonight which will give me a break from the snoring. 

Right then. Up and at 'em. 

mothsinmywallet_2

I've been sorting through paperwork today. Feels good to clear it out. 

During the course of this I have realise that buildings and contents insurance and my car insurance are both due to renew next month. I'm wondering if I can jig things around so I can pay upfront for both of these. It would be incredible to do this and would make me very happy. 

mothsinmywallet_2

Just managed to renew car insurance for £263. Will then get £43 cashback via quidco so pretty happy with that. Managed to pay upfront too. So will now put £20 per month into car insurance pot ready for next year. Happy days. 

mothsinmywallet_2

And buildings and contents done - £192, £25 cashback. Will put away £15pcm for next year. Think I should divert these amounts as direct debits to my savings account. There are a couple of other annual costs that it would be good to put in there.

mothsinmywallet_2

Updated SOA. Looking healthier every time I do it! 

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................ 1050

Partners monthly income after tax....... 0

Benefits................................ 1050 

Other income............................ 0

Total monthly income.................... 2100

Monthly Expense Details

Mortgage................................ 0

Secured/HP loan repayments.............. 0

Rent.................................... 0

Management charge (leasehold property).. 0

Council tax............................. 137

Electricity............................. 57

Gas..................................... 57

Oil..................................... 0

Water rates............................. 41.78

Telephone (land line)................... 0

Mobile phone............................ 40

TV Licence.............................. 13.37

Satellite/Cable TV...................... 0

Internet Services....................... 41.24

Groceries etc. ......................... 300

Clothing................................ 50

Petrol/diesel........................... 200

Road tax................................ 43.8

Car Insurance........................... 40

Car maintenance (including MOT)......... 30

Car parking............................. 0

Other travel............................ 50

Childcare/nursery....................... 0

Other child related expenses............ 0

Medical (prescriptions, dentist etc).... 21.18

Pet insurance/vet bills................. 0

Buildings insurance..................... 15

Contents insurance...................... 0

Life assurance ......................... 49.56

Other insurance......................... 14.92

Presents (birthday, christmas etc)...... 75

Haircuts................................ 44

Entertainment........................... 34.97

Holiday................................. 75

Emergency fund.......................... 50

Dentist................................. 10

Optician ............................... 60

Massage................................. 27.5

Ink..................................... 5.99

Sports.................................. 40

Charity................................. 20

DD allowance............................ 65

Fun money............................... 30

Total monthly expenses.................. 1739.31

Assets

Cash.................................... 0

House value (Gross)..................... 300000

Shares and bonds........................ 0

Car(s).................................. 6000

Other assets............................ 5000

Total Assets............................ 311000

No Secured nor Hire Purchase Debts

Unsecured Debts

Description....................Debt......Monthly...APR

HSBC credit card...............5400......250.......17.9

Capital One....................1179.98...100.......0

Total unsecured debts..........6579.98...350.......-  

Monthly Budget Summary

Total monthly income.................... 2,100

Expenses (including HP & secured debts). 1,739.31

Available for debt repayments........... 360.69

Monthly Unsecured debt repayments....... 350

Amount left after debt repayments....... 10.69

Personal Balance Sheet Summary

Total assets (things you own)........... 311,000

Total HP & Secured debt................. -0

Total Unsecured debt.................... -6,579.98

Net Assets.............................. 304,420.02