10 years later yikes

1stTimer

[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] - May 2025

Household Information[/b]

Number of adults in household........... 1

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

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

Monthly Income Details[/b]

Monthly income after tax................ 3950

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

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

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

Total monthly income.................... 3950[/b][b]

Monthly Expense Details[/b]

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

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

Rent.................................... 1350

Management charge (leasehold property).. 0

Council tax............................. 155

Electricity............................. 58

Gas..................................... 30

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

Water rates............................. 51

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

Mobile phone............................ 24.58

TV Licence.............................. 15

Satellite/Cable TV...................... 78

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

Groceries etc. ......................... 199.96

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

Petrol/diesel........................... 109

Road tax................................ 31

Car Insurance........................... 33.65

Car maintenance (including MOT)......... 50

Car parking............................. 7

Other travel............................ 0

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

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

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

Pet insurance/vet bills................. 57.51

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

Contents insurance...................... 9.92

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

Other insurance......................... 16

Presents (birthday, christmas etc)...... 60

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

Entertainment........................... 100

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

Emergency fund.......................... 725

Amazon.................................. 129.58

Lottery................................. 20

Netflix................................. 12

Subscriptions........................... 31[b]

Total monthly expenses.................. 3353.2[/b]

[b]

Assets[/b]

Cash.................................... 17514

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

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

Car(s).................................. 5000

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

Total Assets............................ 22514[/b]

[b]

No Secured nor Hire Purchase Debts[/b]

[b]Unsecured Debts[/b]

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

PRA............................3293.22...5.........0

PRA............................1034.19...0.........0

Intrum.........................5201.16...0.........0

Intrum.........................3495.33...0.........0[b]

Total unsecured debts..........13023.9...5.........-  [/b]

[b]

Monthly Budget Summary[/b]

Total monthly income.................... 3,950

Expenses (including HP & secured debts). 3,353.2

Available for debt repayments........... 596.8

Monthly UNsecured debt repayments....... 5[b]

Amount left after debt repayments....... 591.8[/b]

[b]Personal Balance Sheet Summary[/b]

Total assets (things you own)........... 22,514

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

Total Unsecured debt.................... -13,023.9[b]

Net Assets.............................. 9,490.1[/b]

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

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

Slowly managing to break it down bit by bit, it does say i had £592 left however i did not add the work on the car at the start of the month, i also know there are a few items on my spreadsheet that i categorised as groceries but in fact was Misc purchases not food so still work to be done.

1stTimer

Ordinary_Yet_Unique said:

Be patient and do not wish time away!

So very true  I should count this at time going in the right direction for once rather than time going backwards!

My Virgin Contract ends this month so will be working to get that down or move provider this weekend, i also have a dispute open with Thames water regarding my usage (I can't see how i use that much water when i live alone)

1stTimer

Virgin wouldn’t budge enough on price for me to continue with them so I have cancelled, I’ve done this twice before and a week later they have called and magically found a deal that suits me so we shall see. If not I have a package with Sky that will fit and is £39 a month including Netflix so may just go with that. I hate how they have changed to 24month contracts now, I thought 18 month was bad enough!

last week until payday so just going to start preparing budget for next month. I’m not a sun person so with the weather forecast next week it’ll mean I will not be inclined to pop out to shops so that’s a win. 

Cara_

I hope Virgin come back with a deal that is acceptable to you but if not, it's good that you have another deal to take up. 

Fingers crossed for a good outcome with the water dispute.

LzzyIsGod

So much can happen in 24 months. I particularly dislike it when they can increase the price in that time you're tied in too (V have done thay to us) - I know inflation etc etc but just feels like you have no control

1stTimer

LzzyIsGod said:

So much can happen in 24 months. I particularly dislike it when they can increase the price in that time you're tied in too (V have done thay to us) - I know inflation etc etc but just feels like you have no control

Yes that really annoys me! To me a contract is fixed which should include price. If you can change price then I should be able to walk away when I like

1stTimer

Just got my £100 nationwide fairer share bonus which has gone straight to emergency pot for the car next week so that’s a little win.

I’m struggling with this heat, I’ve never been a sun worshipper but it’s stopping me from going out and spending anything lol. I purchased a portable air con unit back in 2020 and I have never looked back. It comes out a few times each year and yesterday was the day so at least last night I slept well. Couldn’t be without one now

1stTimer

One of my R/S matured today as well so a good day financially!

I have used £200 to open another and the rest has gone into emergency savings in preparation for the car next week. I really hope there will be some left over after 😂

1stTimer

Another payday has come round so today all the spreadsheets get reset, i have had a brief glance and it looks like all my pots have got a surplus this month apart from Amazon and food. The Amazon I can understand as I had to buy a new lawnmower and if I hadn’t of bought that I’d have been bang on my £100 budget.
food…well I know how that has happened too, Aldi’s middle isle got me last weekend 😂

Garage rang yesterday and my parts haven’t arrived so that has been rescheduled to Wednesday now. I really want that all done and dusted as then I can throw any left over funds into a new easy access savings account I’ve just set up.

savings were good last month and I cashed out a lot of extras like surveys etc so that totalled an extra £240 I have put towards the car.

Ordinary_Yet_Unique

You are making great progress. Well done!