New Journey

System

Have found out today I may be able to drop to 4 days a week at work which has been my aim for quite a while . Obviously my salary will drop but not as much as I thought , big decision can I afford to do it . Need to do sums! Seriously hoping it can happen .

System

Sleepless night with figures rolling around in my head , wondering will I survive on my decreased salary and a lot of what ifs.

Need to wait until I have done the maths before I start worrying more.

System

Well the lower salary is just about doable, but I am going to wait until I have paid more of debt and have a good emergency fund.

Got a credit card statement for the card that I had paid off , but I forgot £33.29 of petrol will pay with excess left in current account.

Have a eye test to pay for as well tomorrow, that will come out of the excess balance as well. Now normally I would have panicked and used a credit card to pay optician but because of this months budget I have some money over.

It feels so good knowing this.

Bedtime for me.

Scott_Weiland_2

A long shot here but does your employer not offer an eye care scheme a lot do these days just so you don't get an optician bill??

legitclaims

I wish you a great luck in your goals, Cumbria...!

System

My employer does offer free eye tests, however I don't have to pay for eye test any longer , as family member has glaucoma and I am over 40. That's the good news , the bad news is I need glasses and I need to find £120 by next Wednesday. I have got a discount on my two pairs of glasses as the opticians are friends .

Now need to find this money . Do I pay with cc and pay off monthly , do I do a money transfer from my new 0% card and just add to debt ? All help useful.

Thank you to Scott-Weil and legitclaims for dropping by?��

System

Kindly neighbour let me know my tyre was fairly flat. Have put air in and am hoping that I don't have a puncture, I am useless st remembering to put air in and it maybe 5 months since it was last done. Will check it in the morning then go and spend 50p and check the pressure in my other tyres. If I need a new tyre or a puncture mended I have the money for that in separate account .

System

New tyre it was £50 spend , thank goodness for my car fund. Had a £7.75. Home bargains shop today buying cleaning bits , some tins of beans , and few other bits. Have shopping list done for tomorrow. Last week of eating out of store cupboard and freezer , next weekend will have to batch cook . Still haven't worked out how to pay for glasses , but will do tomorrow. Have listed more eBay items.

It's now 2 months since I bought any new clothes , and 6 weeks since I used a credit card. Life hasn't stopped and I have money left 2 weeks before payday.

boxofpaws

Cumbria_lass wrote: »

It's now 2 months since I bought any new clothes , and 6 weeks since I used a credit card. Life hasn't stopped and I have money left 2 weeks before payday.

Excellent, Cumbria lass :T

System

Statement of Affairs and Personal Balance Sheet

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

Monthly Income Details
Monthly income after tax................ 1333.74
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 94.83
Total monthly income.................... 1428.57

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 500
Management charge (leasehold property).. 0
Council tax............................. 66
Electricity............................. 18
Gas..................................... 17
Oil..................................... 0
Water rates............................. 22.85
Telephone (land line)................... 0
Mobile phone............................ 13
TV Licence.............................. 12.12
Satellite/Cable TV...................... 34.83
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 10
Petrol/diesel........................... 80
Road tax................................ 0
Car Insurance........................... 30.26
Car maintenance (including MOT)......... 30
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 6.09
Life assurance ......................... 0
Other insurance......................... 6.49
Presents (birthday, christmas etc)...... 65
Haircuts................................ 20
Entertainment........................... 100
Holiday................................. 25
Emergency fund.......................... 50
union................................... 2.45
gym..................................... 35
Total monthly expenses.................. 1264.09


Assets
Cash.................................... 200
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 3500
Other assets............................ 0
Total Assets............................ 3700

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
cc1............................4370......100.......0
cc2............................1450......50........0
Total unsecured debts..........5820......150.......-


Monthly Budget Summary
Total monthly income.................... 1,428.57
Expenses (including HP & secured debts). 1,264.09
Available for debt repayments........... 164.48
Monthly UNsecured debt repayments....... 150
Amount left after debt repayments....... 14.48

Personal Balance Sheet Summary
Total assets (things you own)........... 3,700
Total HP & Secured debt................. -0
Total Unsecured debt.................... -5,820
Net Assets.............................. -2,120

Created using the SOA calculator at https://www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using other browser.