Soa - Any Ideas?

ANY_CHANCE

Hello,

I love this MSE website wish id found it sooner :rolleyes:

The following makes for a scary read :eek: I will be honest and include as much info as i can

Debts are as follows

Mortgage with GMAC interest only - 198,245 (1121.74 p/m)
Unsecured loan (DMP) 51,241 (221 p/m)

Incoming
Husband 1515.41
Me - ?? just about to start as student nurse awaiting means tested bursary result prob around 500 (2 weeks ago i was earning 700 p/m)
CHB - 169.20

TOTAL - 2184.61

Outgoing

Mortgage - 1121.74
unsecured - 221
contents and build ins - 18.60
council tax (3 bed house) - 130
water - 40
gas and elec - 65 (would being on a pay meter reduce amount?)
phone BT - 36.50 (prob cause of all the flaming 08 numbers)
Internet - 9.99
Tv - 11.37
Car ins - 32.24
Deisel - 60.00

Horse - 120 p/m

TOTAL - 1,866.44 :eek:

Any Ideas/thoughts

Im currently trying to reclaim PPI of 12000
looking into CC charges and PPI s
Thinking of selling a few things

Cleosmum

What about Food?

saffronflowers

Hi and welcome

A couple of things that stand out to me

Food
Going out
Car Maintenance
House Maintenance
Life Insurance
Medical Expenses

exessexmum

ANY_CHANCE wrote: »

Hello,

I love this MSE website wish id found it sooner :rolleyes:

The following makes for a scary read :eek: I will be honest and include as much info as i can

Debts are as follows

Mortgage with GMAC interest only - 198,245 (1121.74 p/m)
Unsecured loan (DMP) 51,241 (221 p/m)

Incoming
Husband 1515.41
Me - ?? just about to start as student nurse awaiting means tested bursary result prob around 500 (2 weeks ago i was earning 700 p/m)
CHB - 169.20

TOTAL - 2184.61

Outgoing

Mortgage - 1121.74
unsecured - 221
contents and build ins - 18.60
council tax (3 bed house) - 130
water - 40
gas and elec - 65 (would being on a pay meter reduce amount?) Unlikely, for a 3 bed house this is pretty good value
phone BT - 36.50 (prob cause of all the flaming 08 numbers)
Internet - 9.99
Tv - 11.37
Car ins - 32.24
Deisel - 60.00

Horse - 120 p/m Sorry, but you can't afford to run a horse when you can't afford to eat. If this is your own horse, any chance you can "rent" it out for a bit, or you may have to sell.

TOTAL - 1,866.44 :eek:

Any Ideas/thoughts

Im currently trying to reclaim PPI of 12000
looking into CC charges and PPI s
Thinking of selling a few things

What about:
food
car tax
car maintenance
toiletries
haircuts
birthdays
christmas
going out
house maintenance

Cleosmum

ANY_CHANCE wrote: »

Hello,

I love this MSE website wish id found it sooner :rolleyes:

The following makes for a scary read :eek: I will be honest and include as much info as i can

Debts are as follows

Mortgage with GMAC interest only - 198,245 (1121.74 p/m)
Unsecured loan (DMP) 51,241 (221 p/m)

Incoming
Husband 1515.41
Me - ?? just about to start as student nurse awaiting means tested bursary result prob around 500 (2 weeks ago i was earning 700 p/m)
CHB - 169.20

TOTAL - 2184.61

Outgoing

Mortgage - 1121.74
unsecured - 221
contents and build ins - 18.60
council tax (3 bed house) - 130
water - 40
gas and elec - 65 (would being on a pay meter reduce amount?)
phone BT - 36.50 (prob cause of all the flaming 08 numbers) use saynoto0870 and find a better deal. Im with talk talk and pay £25ish a month inc broadband.
Internet - 9.99 As above
Tv - 11.37
Car ins - 32.24
Deisel - 60.00 Can you walk places/car share?

Horse - 120 p/m

TOTAL - 1,866.44 :eek:

Any Ideas/thoughts

Im currently trying to reclaim PPI of 12000
looking into CC charges and PPI s
Thinking of selling a few things

Check all your entitled to as a student. Can you get tax credits? Check the bursary, I didnt think it was means tested. Dont know if you have this link, might help http://www.nhspa.gov.uk/sgu/news/NEW%20STUDENTS%20rates%202007%2008.pdf

ANY_CHANCE

Hello yes its prity grim isnt it

I suppose weve managed on bonuses and extra shifts ive taken (christmas rates etc

tried selling the horse but (who ive had for 11 years he is 16) but he got injured and is now unsaleable and retired so he is a big responsibility

I am worried about student income i will have to do bank night shifts as well

The bursary is income assessed as its a degree course

husbands put in for a pay rise as they have given him another shop to look after so fingers crossed for that one

Im not giving up though doing my nurse training will help me to earn more in the end:(

ANY_CHANCE

Going out?
Whats that :rotfl:

Went to pub quiz last night friends bought me a blackcurrent!!

Really i know this is serious and im prepared to do any thing to keep going (well almost);)

Cleosmum

My friends just starting out on her nursing diploma. She was undecided for a while as to which course. The diploma and degree are the same, its just the last year thats different, and you are no more employable with the degree. In the end it came down to finances - she gets financial help if she does the diploma and very little help if she does the degree. Might be worth weighing up how much help you get with each course?

ANY_CHANCE

Yes i was going to do the diploma due to the financial reason but ive seen newly qualified nurses saying that they will top up the diploma to make a degree qualification thats 4 years of studying and as im already 100 i wanted to get it over and done with. The degree course is also, so ive been told but i may be mis informed geared towards management.

Sure, at the start it wont matter if you have a degree or not although if you want to teach or be in managemet position later on it may help

Cleosmum

Do the diploma, get the extra financial help and top up later? Its true about it being more geared to management and paperwork side of nursing, you could get the diploma done and get into nursing and you may find you can top up whilst working.

http://unimoney.direct.gov.uk/?pro=unimoney&cre=creativea might be handy.

Xeno

edit for stupidity