start ???

agaks

I am new here , just watched Martin's video about debt....
First I need to check how much debt I really got ...

sparky0107

agaks wrote: »

I am new here , just watched Martin's video about debt....
First I need to check how much debt I really got ...

Welcome agaks,
You'll get some good help on here to clear your debts
:hello:

hypno06

Hi and welcome aboard.

If you have not already done so, have a look at this link http://forums.moneysavingexpert.com/showthread.html?t=107280
and put together your statement of affairs. This will show possible areas that can be changed to help things balance out.

It is sometimes scary to see the figures written down, and many say they feel physically sick doing it, but it really is the biggest step you will take. Once you know what you are dealing with, you can deal with it. If you don't face it, then you are opening yourself up to all the things you have "ignored" coming and biting you on the bum at some point.

The support from these boards is fantastic, and you will soon be on your way to taking that next step towards becoming debt free.

MissEyre

Hi agaks,

Welcome-once you've got your SOA up you'll get loads of advice to help you get everything sorted out x

agaks

I am sorry by mistake i enclosed my SOA twice

agaks

It's me again !

I hope this post is more clear :
Overdraft -£82.08
RBS loan £151.30/month -£5474.28
RBS Visa £1500.00 %~£25.82% -£1472.65
BH loan £111.00/month -£4551.32
BH car £361.72 /month -£7309.40
Welcome £248.01
-£496.02 arrears -£7936.32
Littlewoods limit £3050.00
~£240.00/month
-£478.96 arrears -£2165.05
Next limit £250.00
£20.00/month -£130.00

Sainsbury * % monthly £15.68+ 20 payment -£999.34

Tesco Bonus* % monthly £11.15+20 payment -£906.44

RENT ??? need to sort out ! -£1700.00
CASH(private) -£7000.00(£170+£500+£1000+£1060+£1100+£1170+£2000)


ALL Minimum £1172.03 -£39726.82
..............................................................................................................................................................

ESSENTIAL MONTHLY OUTGOINGS:
RENT £368.33
COUNCIL TAX £66.60
GAS+ELECTRICITY £71.00
WATER £22.50
TV LICENCE £11.61
BT PHONE £14.45-free evening +weekend Ex 01.04.2008
BT broadband £24.99-wireles Ex 02.07.2008
MOBILE PHONE £23.01
CAR’INSURANCE £61.00
CAR’TAX £15.00
INSURANCE £4.97
PETROL £100.00
FOOD/COSMETICS £100.00
% credit cards £52.65 (see above)
Birthday/Christmas £50.00

TOTAL £986.11/month
...........................................................................................................................
£1172.03 + £986.11 = £2158.14 / MONTH

.....................................................................................................................
MONTHLY INCOME :
Employment : £1060.00
Self-employment******* : about £ 1100.00 = £2160.00


Since November I wasn’t working (self-employment) , only had money from regular employment.
I will start additional job again from 01.03.2008

agaks

I hope this time everything looks more clear!
No idea what to do first? Shall I first rang or write about arreas ?
Any advice, please....

agaks

Sparky, Hypno, Miss Eyre thanks for your warm welcome !!!

agaks

I still doing some paperwork,I really think I should seek professional advice. MY SOA looks very bad at this moment

RAS

Truied to put the stuff for each element on one line but may have got this wrong

agaks wrote: »

I hope this post is more clear :
01.03.2008
LIMIT (or start) PAYMENT ARREARS BALANCE END

Overdraft £100.00 -£82.08

RBS loan £151.30 -£5474.28

RBS Visa £1500.00 %~£25.82% -£1472.65

BH loan £111.00 -£4551.32

BH car £361.72 -£7309.40

Welcome £248.01 -£496.02 -£7936.32

Littlewoods £3050.00 ~£240.00 -£478.96 -£2165.05

Next
£250.00 £20.00 -£130.00

Sainsbury * %£15.68(20) -£999.34

Tesco Bonus %£11.15(20) -£906.44

RENT ??? -£1700.00

CASH(private) -£7000.00

A.K £500.00
A.W £2000.00
C.G. £1000.00
L.G £1100.00
D.K. £1060.00
C.M £1170.00
I £170.00

ALL

Minimum £1172.03

-£39726.82

ESSENTIAL MONTHLY OUTGOINGS:
WHAT PAYMENTS ARREARS

RENT £368.33 £1700.00

COUNCIL TAX £66.60 0

GAS+ELECTRICITY £71.00 0

WATER £22.50 0

TV LICENCE £11.61 0

BT PHONE £14.45-free evening +weekend 0
Ex 01.04.2008
BT broadband £24.99-wireles 0
Ex 02.07.2008
MOBILE PHONE £23.01 0

CAR’INSURANCE £61.00 0

CAR’TAX £15.00 0

INSURANCE £4.97 0

PETROL £100.00

FOOD/COSMETICS £100.00

% credit cards £52.65

Birthday/Christmas £50.00


TOTAL
£986.11

£1172.03 + £986.11 = £2158.14 / MONTH

MONTHLY INCOME :
Employment : £1060.00
Self-employment******* : about £ 1100.00 = £2160.00

Since November I wasn’t working (self-employment) , only had money from regular employment. I will start additional job again from 01.03.2008

agaks

RAS!!! THANKS A LOT FOR YOUR HELP!!!!!
agaks