The only way is up!

VadersDad

They are but they wont be there forever, i'm trying to save as much as i can through my emergency fund and hopefully in a couple of years I can meet it halfway and pay it off. That's my plan.

I have always been a glass is half full guy, positive vibes are the best. I have a lot to be thankful for.

VadersDad

Hey all,

long time since i have been on. 2018 has been a good year for me and i am still keeping my head above the water. ;-)

Finances are well and truly under control now. I am still on limited budget but made some cracking savings last year and most importantly didn't make any senseless purchases. I will update my SOA later.

I got really lucky and applied for PPI on a loan, Credit Card and Mortgage i had back in the early 2000's. Had PPI on two of the three and was a massive bonus to end the year.

Still single, anyone out there 20 miles west of Glasgow fancy a date, let me know;-).

Happy new year year.

VadersDad

Updated SOA as promised. A year on, all is going well.

Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 0

Monthly Income Details
Monthly income after tax................ 1602
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1602

Monthly Expense Details
Mortgage................................ 183.1
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 98
Electricity............................. 30
Gas..................................... 26.41
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 25.5
Mobile phone............................ 29.86
TV Licence.............................. 12.95
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 150
Clothing................................ 20
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 255
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 13.6
Contents insurance...................... 0
Life assurance ......................... 11.01
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50
Haircuts................................ 0
Entertainment........................... 40
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 945.43


Assets
Cash.................................... 0
House value (Gross)..................... 60000
Shares and bonds........................ 2342
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 62342


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 38033....(183.1)....2.39
Total secured & HP debts...... 38033.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Barclayloan....................18260.....397.......7.5
Total unsecured debts..........18260.....397.......-


Monthly Budget Summary
Total monthly income.................... 1,602
Expenses (including HP & secured debts). 945.43
Available for debt repayments........... 656.57
Monthly UNsecured debt repayments....... 397
Amount left after debt repayments....... 259.57

Personal Balance Sheet Summary
Total assets (things you own)........... 62,342
Total HP & Secured debt................. -38,033
Total Unsecured debt.................... -18,260
Net Assets.............................. 6,049

VadersDad

Nothing to report except everything is going really well. Staying within my budget, managing to save and lots to look forward too,

The post from the debt free diaries forum is really good motivation for me. Thank you.

Thanks for stopping by.