Second the best!

Snoopys_Fiendish_Friend

Okay, so here I am back again.I could quote a whole list of things that took me a step closer to being here - taking a second basic account, agreeing to convert it to a current account, applying for an overdraft, using CC for day to day needs but essentially just taking my eye off the ball. 

I had a DMP about ten years ago, and found watching others through their diaries here so motivating. But I was just a lurker not even a poster. So now I’m finding myself back here, not quite DMP but desperately trying to get in control and debt free so I think a diary of my own is the way to go. Atleast then I’m answerable to someone other than myself! 

Anyway, that’s it for todays first brave (for me) step. I guess the next step will be to share with you all my debt figures (gulp!). 

WinterWarrior

Good luck. If you are happy to share there will be lots of helpful suggestions from everyone 🙂

Snoopys_Fiendish_Friend

Thankyou, yes I’ll be sharing… it’s good to know I’m amongst supporters 🙂

Four_Seasons

Will be cheering you on x

FootyFanDan

good luck

Snoopys_Fiendish_Friend

Okay so here if is… [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b]

Household Information[/b]

Number of adults in household...........  2

Number of children in household......... 0 

Number of cars owned....................  1[b]

Monthly Income Details[/b]

Monthly income after tax................ 2306

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

Benefits................................ 88

Other income............................ 238[b]

Total monthly income.................... 2632[/b][b]

Monthly Expense Details[/b]

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

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

Rent.................................... 432

Management charge (leasehold property).. 0

Council tax............................. 135

Electricity............................. 95

Gas..................................... 80

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

Water rates............................. 77

Telephone (land line)................... 65

Mobile phone............................ 65

TV Licence.............................. 26

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

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

Groceries etc. ......................... 290

Clothing................................ 25

Petrol/diesel........................... 283

Road tax................................ 18

Car Insurance........................... 79

Car maintenance (including MOT)......... 40

Car parking............................. 8

Other travel............................ 85

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

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

Medical (prescriptions, dentist etc).... 12

Pet insurance/vet bills................. 68

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

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

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

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

Presents (birthday, christmas etc)...... 30

Haircuts................................ 25

Entertainment........................... 20

Holiday................................. 30

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

(Unnamed monthly expense)............... 0

Study................................... 60[b]

Total monthly expenses.................. 2098[/b]

[b]

Assets[/b]

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

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

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

Car(s).................................. 3400

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

Total Assets............................ 3400[/b]

[b]

No Secured nor Hire Purchase Debts[/b]

[b]Unsecured Debts[/b]

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

CC1............................631.94....60........0

CC2............................1454.63...90........0

CC3............................135.03....16........30

HMRC...........................630.......80........0

CC5............................289.......11........0

Loan...........................2193.23...30........0

CC4............................795.96....60........0

Overdraft......................2500......0.........0

Store Card 1...................613.......22........39.9[b]

Total unsecured debts..........9242.79...369.......-  [/b]

[b]

Monthly Budget Summary[/b]

Total monthly income.................... 2,632

Expenses (including HP & secured debts). 2,098

Available for debt repayments........... 534

Monthly UNsecured debt repayments....... 369[b]

Amount left after debt repayments....... 165[/b]

[b]Personal Balance Sheet Summary[/b]

Total assets (things you own)........... 3,400

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

Total Unsecured debt.................... -9,242.79[b]

Net Assets.............................. -5,842.79[/b]

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

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