Finally facing my problems

bizarre_rachel

hi, 
I've read a few diaries and now its time to start my own, mainly to keep me accountable i hope.

Well where to start???? i finished a dmp in 2021 which were mainly all little depts to payday loans i had took out while i had a gambling problem. This time i want to do it myself. 

so when my dmp finished i got a credit card, which i thought yay great, however looking back i think this was the beginning of my downfall. i have no control over money if i saw something i got it while the intention of paying it back. This never happened and so the start of my debt spiral began. 

i now know where my problems where and think i have addressed the problem even if it was a bit too late. 

so anyone my debts at the moment are : 
Oddle (car finance) - 5815.33 
Salary finance - 5535.07
Aqua - 2554.49
fluid - 288
capital 1 - 193
JD williams - 1034
Next - 566

total debt - £15,985

also Paying back water arrears which puts my water bill a bit higher than it should be. 

At the moment i am managing all minimum payments. However doesnt me with much spare cash. and i am out of options for more credit (which i am really Glad about) 

so my moment of truth to do all i can to get Debt Free 

any words of wisdom will be much appreciated 

bizarre_rachel

My SOA

Household Information[/b]

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

Number of children in household......... 3

Number of cars owned.................... 2[b]

Monthly Income Details[/b]

Monthly income after tax................ 1330

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

Benefits................................ 202.8

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

Total monthly income.................... 1532.8[/b][b]

Monthly Expense Details[/b]

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

Secured/HP loan repayments.............. 163

Rent.................................... 0

Management charge (leasehold property).. 0

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

Electricity............................. 100

Gas..................................... 50

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

Water rates............................. 93.78

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

Mobile phone............................ 75.58

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

Satellite/Cable TV...................... 71

Internet Services....................... 24

Groceries etc. ......................... 320

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

Petrol/diesel........................... 60

Road tax................................ 13

Car Insurance........................... 70

Car maintenance (including MOT)......... 10

Car parking............................. 0

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

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

Other child related expenses............ 30

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

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

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

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

Life assurance ......................... 8

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

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

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

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

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

Emergency fund.......................... 0[b]

Total monthly expenses.................. 1118.36[/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]

Secured & HP Debts[/b]

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

Mortgage...................... 0........(0)........0

Hire Purchase (HP) debt ...... 5815.33..(163)......19.9[b]

Total secured & HP debts...... 5815.33...-.........-   [/b]

[b]Unsecured Debts[/b]

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

Salary Finance ................5535.07...135.......19.9

Aqua...........................2554......110.......41

Fluid..........................288.......15........42.6

Next...........................566.......30........23.9

JD Willaims....................1034......40........45

Capital 1......................193.......10........30.3[b]

Total unsecured debts..........10170.07..340.......-  [/b]

[b]

Monthly Budget Summary[/b]

Total monthly income.................... 1,532.8

Expenses (including HP & secured debts). 1,118.36

Available for debt repayments........... 414.44

Monthly UNsecured debt repayments....... 340[b]

Amount left after debt repayments....... 74.44[/b]

[b]Personal Balance Sheet Summary[/b]

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

Total HP & Secured debt................. -5,815.33

Total Unsecured debt.................... -10,170.07[b]

Net Assets.............................. -15,985.4[/b]