Back to Wales, Back to Reality

backtowales

I've had my payslip and I'm about a £100 down on the backpay i had worked out. Not very happy about it at all. I seem to pay out a hell of a lot and get nothing in return, like most single people.

On the up side, I will have a sizeable chunk of money to pay off my creditcard tomorrow, and I should get my expenses back on Friday to pay off another chunk at the weekend, so the balances should be a lot better by then.

I've used an income tax calculator to work out what i would have paid on just my usual salary, so I can hopefully do a new SOA tonight and work out where I'm up to.

CarolynH

Hi Hun,

If you want me (or anyone else) to double check your back pay or sums, feel free to PM me. I work in payroll so know that we're not always perfect!

In_Search_Of_Me

oo another Cardiffian!! Do think we should have a Cardiff meet at some stage!! Would you be eligible for a tax rebate BTW? We cant check for a month but often get it after expenses etc looked at...every penny counts! Esp when youre that close to the H rate tax! Luckily I'm not but still could pay gazzillions more off if I didnt have tax every month!!

backtowales

my basic salary is no where near the higher tax rate, but got over £1k in backpay which took this month's salary close to it. The other annoying thing is that I can't work out what the tax would have been on just my basic salary ( which has just increased by roughly 10%).

Anyway I'm happy as I've found out that my favourite bar/restaurant in Bristol called zer degrees is opening up in Cardiff as well. Its a microbrewery too so lots of yummy beer! Its on the way home from Cardiff Central station so i'll be popping in for beer on Fridays.:beer:

backtowales

I have paid off my Capital One Credit Card.:j and I will have the work expenses in my account tomorrow to pay off my egg card next week:D .

Don't want to pay it off yet as there is a direct debit going out of my account tomorrow for my usual monthly egg card payment so will wait until early next week for that to clear and see what the balance is and then pay it off.

Off to North Wales to visit my parents tomorrow for the weekend. I will be getting my hair cut up there as its cheaper. Just a shame that petrol has gone up again! :mad:

backtowales

Earnings: £[strike]1362.49[/strike][strike]
[/strike]1445.59 (Estimate until I get next month's payslip which will just have basic pay and no backpay)

Rent £[strike]275[/strike] 225(bf has more income now and is paying more towards the rent so I have more cash to pay off debts)
Council Tax [strike]£71.03[/strike]£74.00 (with 25% discount, waiting on letter from Council so can start to pay)
Water £25 (estimate)
Electric £25 (still need to switch...)
Gas £35(still need to switch)
TV Licence £11.61
Union £10.05
Contents Insurance £16.94 (has increased due to move –renewal due in Summer)
Car Insurance £61.01 (has increased due to move – renewal due in Summer)
Virgin Media [strike]£20[/strike]£25 (Broadband, Phone and TV – only have cable point in flat) have been using for some phone calls so put £5 extra by for this.
Car loan £167
Mobile £30
Groceries £120
Petrol £30 ( estimate as don’t use the car for commute)
Car Tax £10 ( going to start being good and saving for this :T )
Commute £200 (train fares)
Love Film £5.99
Bank Charge £5.00 (Includes Phone Insurance, Breakdown recovery and favourable rate on overdraft)

Total Outgoings: [strike]£1133.63[/strike]£1076.60



Debts: Barclays Graduate Overdraft £2600 @ 0% on first £2000, not sure on other rate, but pay £1.20 interest a month.
Alliance and Leicester Overdraft [strike]£650[/strike]£642.50 @ 0% until September 2008 (I think)

BarclayCard £[strike]1922.40[/strike]£2584.21 @ 21.9% Minimum Payment [strike]£43[/strike]£60 (gone up due to work expenses)
Alliance and Leicester Card [strike]£937.73[/strike]£920.01 @ 15.9% on purchases Min pay [strike]£11.61[/strike]£11.16
[strike]Capital One Card £867.70 @ 23.9% Min Pay £26.61
[/strike]Paid in full!:j
Egg Card £449.6 @ 19.9% Min Pay [strike]£6.00[/strike][strike]
[/strike]£9.08
Halifax Card £22410.65 @ 17.9% Min Pay [strike]£52.00
[/strike]£55.00
Minimum Payment on debts: [strike]£139.22[/strike]£135.24

I have £368.99 left after all bills etc (apart from credit cards). I have decided to keep £100 for incidentals such as hair cuts, birthday presents, cinema etc. This should be plenty.

I have £268.99 to put towards Credit Cards. The capital one card is paid off, and I will have the money to pay off the Egg card next week. I will now be paying off £20 from Alliance and Leciester, £120 towards Barclays and £120 towards Halifax. Hopefully the debt will start to go down a lot faster from now on!! :T

I'm feeling a lot more positive about getting my debts cleared asap!

jimpix12

Does your council tax cost £150 a month then? I presume it's split 50:50?

That's quite expensive seeing as you're paying £500 a month total for rent...

Have you considered rebanding?

In_Search_Of_Me

ct can also be split ver 12m but you have to ask plus it does sem espensive for cardiff - i have a 1 bed flat & pay 40 but thats with single person discount...worth investigating! Do the article on here by martin - I did got dosh back & was rebanded!

backtowales

I pay the Council Tax as bf is a student. Its £74 with the 25% but we are living in quite a big 2 bedroom flat.

I pay the bills at the moment until bf finishes his course in October, and gets a job.

backtowales

Just paid £400 off my egg card. :j Will pay the rest off at the end of the month once we've got our new budget sorted. Its going to be a busy month with lots of work travel so don't want to leave myself short.

Also booked rugby tickets for February (next year!) for Scotland v Wales. Managed to get the cheapest ones so I've very pleased. The hostel is already booked, so just the flights to go.