scared to go cold turkey

buxtonrabbitgreen

I have updated the SOA but no idea how to get it here now. can anyone advise please. I like the idea of giving credit card to someone. I don't really want to use it as the interest on both of them is high, and I don't want to get another to use as I have just got the M&S one to transfer. Might try the freezng it thing. Will keep doing the overtime but it will effect next years tax credits as would a second job. I would rather do the OT at the job I do now as a second job would be worse for tax. I do already do all the quidco, pigsback, and survey sites loads of them. Thanks all.

findingmyownway

How strange for it to have been missed! Thats not at all usual. Anyway, i've copied it over:


INCOME
my wages take home £600-£700
banefits tax credits £127
child benefit £ 130 ?

partner £800

total £1,657


OUTGOINGS

mortgage £190.30
council tax £120
tv licence £11.?
water £23
gas payment meter £15
elec payment meter £15
car tax me £198 per year DO YOU PAY THIS MONTHLY?
car tax oh £198 per year
me car ins paid in full for this year £176
oh car ins £250 paid monthly (wont let me look for a cheaper)
petrol me £60 petrol oh £40£100 ON PETROL IS A LOT, CAN YOU REDUCE? USE TRAIN ETC?
phone and broadband talk talk £23 per month
mobiles mine and 2 kids £20 per month
£100 per month on fags YOU KNOW THE ANSWER TO THIS....

Debts:

• northern rock £53 per month low percent ? 5.6 or somthing like that borrowed £1500 2 and a half years to go
• loan HSBC borrowed £1000 I think 18% but finishes in june, £93 per month
• IF credit card about £1,o20 to pay lob low but not sure exactly aobut 5
• hsbc credit card £365
• virgin credit card £450 same both about 15.9%

There's a lot missing from this SOA but its a good start. Have a look at the sticky for first time posters. And your recent bank statements to see what you truley spend on clothes, food etc

findingmyownway

buxtonrabbitgreen wrote: »

I have updated the SOA but no idea how to get it here now. can anyone advise please. I like the idea of giving credit card to someone. I don't really want to use it as the interest on both of them is high, and I don't want to get another to use as I have just got the M&S one to transfer. Might try the freezng it thing. Will keep doing the overtime but it will effect next years tax credits as would a second job. I would rather do the OT at the job I do now as a second job would be worse for tax. I do already do all the quidco, pigsback, and survey sites loads of them. Thanks all.

Just copy and paste it into here - or copy the old one i put in above and amend as neccessary.

Not sure how overtime affects tax credits but surely you can't end up worse off?

Looking forward too seeing current SOA.

buxtonrabbitgreen

I still haven't managed to copy the SOA over.. I am not very computer literate. I am now getting £265 tax credit. OH will be earning the same £200 a week for 6 weeks, though doesn't get paid for another week yet. Then the tax credits will go back to about £150 per month. The loan from HSBC is finished. IF is on about £850. If I earn more this year than last year, which is what the tax credits are based on, i will have been paid too much and will have the credits reduced next year so there is not much incentive to earn more, unless we can earn a lot more, which is not very likely.Can I pay car tax monthly then? how do I do that? As for petrol, yes it is a lot, neither of us has far to go to work. Not in the same direction though. We both have big old expensive on petrol cars. I have to be at work at 5.30 am so no public transport. If I do OT in the afternoon I cycle, but I haven't got the energy for a 7 mile ride at that time of the morning.

findingmyownway

To copy and paste, you highlight your text, right click on the mouse to 'copy'. Then click where you want to paste it, right click again and click 'paste'.

Either that or just type it out in here again, it really would help people to help you.

Have a look at the sticky on the main board, you need to include things like food, clothes etc.

Larumbelle

rabbit (can I call you rabbit?!) is the SOA Finding posted up to date? Could you update it / add some detail for us? I know it's difficult but it would help us to help you.

As it stands, all I can think of to add is do you have utility debts? If not can you get the prepayment meters taken out they cost a lot more than normal ones.

Don't despair of OH's job record. My OH got made redundant 3 times in a year once, one week's notice each time. He's now got a pretty good job that pays more than his trade would (grp lamination). Fate can hand you a good card and sometimes you don't notice it for the rest of the crappy hand.

You sound very defeated. :grouphug: take your time and deal with things as they feel right for you. Join in other threads if you want and ask for help if you need. We are all here to help and sometimes just watching can help more than anything

x

Bagpuss1973

Hi there

sorry nobody answered your first SOA

my wages take home £600-£700
banefits tax credits £265
child benefit £ 130 ?

partner £800 will be about the same for the next 6 weeks not getting paid till nest week then my tax credit will go back to about £150 I think

total £1,657 ?

mortgage £190.30 - Is this really right?
council tax £120
tv licence £11.?
water £23
gas payment meter £15
elec payment meter £15
car tax me £198 per year ) You need to put away £33 each month for these
car tax oh £198 per year )
me car ins paid in full for this year £176 14 a month
oh car ins £250 paid monthly (wont let me look for a cheaper) 21 a month
petrol me £60
petrol oh £40
phone and broadband talk talk £23 per month
mobiles mine and 2 kids £20 per month Are these actually NEEDED
xmas birthdays sale buying and bootsing so got most for this year except kids (maybe that has cuased the overdraft
loan northern rock £53 per month low percent ? 5.6 or somthing like that borrowed £1500 2 and a half years to go

IF credit card about £900 approx to pay lob low but not sure exactly aobut 5%
not using that just paying off £35 per month
hsbc credit card owe £1000 run up since transferring to IF last year How much per month
virgin credit card £1000same both about 15.9% i think How much per month
everything else like school trips food clothes dentist with whatevers left

You missed off the £100 for cigs on this one too (it is on your SOA on the other thread)


First off the car insurance for OH (sorry but if he isn't working regularly he cannot say don't look for cheaper car insurance - that is dotty!) have a look on go compare dot com or confused dot com (I tried adding this but they came up as exclamation marks) I did this and saved myself £60 this year. I look every year mind!


Sorry to be mean but do your children NEED mobiles? How old are they? Can they get jobs around school hours?


Sorry I really am not having a go just trying to help out here..

What about

House Insurance
Food
Household items like cleaning products

I would suggest you start a spending diary and write everything and I mean everything down in it - for your eyes only - trust me I did this and it can be quite a shock where the money does go!

Wishing you luck

Bagpussx

buxtonrabbitgreen

Thanks findingmyownway. I have copied and pasted before but when I right clicked for some reason it didn't come up with the copy option. I could ask DS but don't want to involve him. Silvercharming. I don't mean to sound defeated. I am really an optomistic sort. Things are not that bad. I have just had a good evening both kids got prizes at the school prize giving and my mortgage will be paid off in a year. It's not anything to do with the pay your mortgage off early thread, just nearly 20 years of paying up. Apart from the mortgage my debts are only about £5000 so not too bad. It is just the uncertain job situation with the OH, just when I had decided once and for all to get the credit card debt under control. Thanks again.

buxtonrabbitgreen

Thanks bagpuss. You posted while I was posting. Mobiles. Well DS got his stolen last month so that is £5 less. DD and I use about £5 each. Mainly because I don't allow anyone in the house to make calls to mobiles from the house phone so I can keep track of the bill. Yes still smoking. Got them cheap in Denmark though. It was a 1p flight before you tell me off. I went to visit my son. First time in 4 years, and quite cheap as he is also on an economy drive. Will start saving the car tax money £33 next payday. OH car insuranse. Well he is dotty. I got £120 cash back for mine from quidco. I keep telling him about quidco. House insurance £18 per month I forgot that. I agree I must keep a spending diary. I will do that. This is not an excuse but I work in a supermarket and it is quite difficult to go home without looking to see what bargains there are on the way out, so don't really keep track of what I spend on food. I buy a big shop on payday about £75 then about £40 a week. Also fogot in my SOA kids pocket money £10 x 2 per month. DD has applied everywhere for a part time job but no luck so far. DS is another story. Credit cards. Virgin £40 per month that is just over the minimum and HSBC min aobut £28 but I pay £35. Also gas and electric are wrong those are the weekly amounts. There isn't any debt on them. I had meteres put in as I am on 4 weekly pay and I try not to have too many DD coming out as they get taken ehrn I have no money left.

Squirrel29

I can sympathise with the school trip issue. My son has reguarly come home with letters requesting money for these, it even says "voluntary contribution" on them, however it isn't voluntary at all as you get hounded by letters/son getting nagged by teachers until it is paid.

Most unfair when people are being squeezed by increasing utility bills/mortgages etc.

How do they justify Alton Towers being a geography trip
Perhaps the being at the top of a rollercoaster offers an opportunity to view land formation from a birds eye view maybe? :rolleyes: