Another debt diary

laddersnake

A bit of a monster to get through as I enter my 40's... There will be a drop as my regular tax saver comes through next month, which eats into the % paid of the LBG account the rest of the cards are low interest of interest free - next card to tackle is the Halifax one followed by the Virgin card... Payday is mid month so the OD should clear out. Lots of work ahead though

[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b]

Monthly Income Details[/b]

Monthly income after tax................ 4945

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

Benefits................................ 0

Other income............................ 0[b]

Total monthly income.................... 4945[/b][b]

Monthly Expense Details[/b]

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

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

Rent.................................... 1500

Management charge (leasehold property).. 0

Council tax............................. 0

Electricity............................. 0

Gas..................................... 0

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

Water rates............................. 0

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

Mobile phone............................ 20

TV Licence.............................. 0

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

Internet Services....................... 0

Groceries etc. ......................... 0

Clothing................................ 0

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............ 0

Medical (prescriptions, dentist etc).... 0

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

Buildings insurance..................... 0

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

Life assurance ......................... 0

Other insurance......................... 0

Presents (birthday, christmas etc)...... 0

Haircuts................................ 0

Entertainment........................... 0

Holiday................................. 0

Emergency fund.......................... 0

charity................................. 5

gym..................................... 60[b]

Total monthly expenses.................. 1585[/b]

[b]

Assets[/b]

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

House value (Gross)..................... 0

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

Car(s).................................. 0

Other assets............................ 0[b]

Total Assets............................ 0[/b]

[b]

No Secured nor Hire Purchase Debts[/b]

[b]Unsecured Debts[/b]

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

halifax od.....................410.......0.........0

HSBC...........................2100......0.........0

Monzo..........................196.......0.........0

tax............................4447......450.......0

hsbc loan......................9940......904.......0

zopa...........................3615......329.......0

Virgin.........................12210.....0.........0

halifax cc 2...................10541.....0.........0

Halifax cc 1...................1785......0.........0

LBG CC.........................3005......0.........0[b]

Total unsecured debts..........48249.....1683......-  [/b]

[b]

Monthly Budget Summary[/b]

Total monthly income.................... 4,945

Expenses (including HP & secured debts). 1,585

Available for debt repayments........... 3,360

Monthly UNsecured debt repayments....... 1,683[b]

Amount left after debt repayments....... 1,677[/b]

[b]Personal Balance Sheet Summary[/b]

Total assets (things you own)........... 0

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

Total Unsecured debt.................... -48,249[b]

Net Assets.............................. -48,249[/b]

[i]Created using the SOA calculator at www.LemonFool.co.uk.

Reproduced on Moneysavingexpert with permission, using other browser.[/i][/font]

laddersnake

Name	Start	paid
Overdraft	3600
HSBC loan	9940
Zopa loan	3615
Virgin CC	12210
Halifax 1 CC	10541
Halifax 2 CC	1785
LBG CC	3520
Tax	4447
Total	49658

This is hopefully the max it will be and now come down..... 

stokegal

Following to see how you get on! Good luck!

Your SOA expenses look a bit bare

Doea your £1500 rent cover all utilities and council tax?

Theres also no food, insurances, car etc? 

laddersnake

Wrote a large summary and the post disappeared. 
Shorter summary: Due to savings maturing I managed to pay off a big chunk this month, which wont happen again unless shares get taken over or bonus from company... 

Overdraft	was £3,600	now	£2,800
Loans	was £18,002	now	£16,368
Credit cards	was £28,056	now	£24,411

LBG account is now 0 rest have a long way to go. Hopefully the OD will come down nicely - I had kept in +ve territory for most of the month (paid tomorrow) and hopefully this trend continues as OD rate is 40% (how the banks can get away with this is amazing.. Amazingly scandalous that is

laddersnake

stokegal said:

Following to see how you get on! Good luck!
Your SOA expenses look a bit bare
Doea your £1500 rent cover all utilities and council tax?
Theres also no food, insurances, car etc? 

Everything for the house comes out of the £1,500 (my partner contributes to the account as well) except for insurance (car and house) 
Total was £49 658 now £43 579 big dent but still way more to go