Desperate, am I in the wrong place?

RAS

Hi FMN

Am so amazed at how far you have mpoved in the last two/thre months.

And right now with the new term coming up and the probablity of your taking work, maybe it is time for the kids, jut for a couple of days?

Next thing you know they will all be strapping teenagers out all hours, so make good the time now.

lucielle

Hi FMN, thats excellent news regarding the DMP. Are you going to approach CCCS to help set it up?
L

Forgetmenot68

Thanks RAS. I've had a great couple of days with the kids. We went blackberrying yesterday and they all helped me make a crumble, then I helped them make a den in one of their bedrooms that they slept in last night. Today the three bigger ones went off happily with their friends and I took the youngest (aged 5) to the cinema. She fell asleep on my lap and I spent the 90 mins smelling her hair and cuddling her. How soppy.

lucielle - CCCS are going to send me some forms to set it up. I hope I haven't badly miscalculated everything.

Night night all, xx

lucielle

Hi FMN, sounds like you had a lovely day with your children.
L

Forgetmenot68

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 2114
Benefits................................ 301
Other income............................ 0
Total monthly income.................... 2415

Monthly Expense Details
Mortgage................................ 715
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 147
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 21
Mobile phone............................ 35
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 400
Clothing................................ 60
Petrol/diesel........................... 150
Road tax................................ 22
Car Insurance........................... 76
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 23
Childcare/nursery....................... 0
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 24
Pet insurance/vet bills................. 50
Buildings insurance..................... 20
Contents insurance...................... 23
Life assurance ......................... 17
Other insurance......................... 0
Presents (birthday, christmas etc)...... 12
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 50
Endowment policies...................... 113
Total monthly expenses.................. 2208

Assets
Cash.................................... 0
House value (Gross)..................... 400000
Shares and bonds........................ 0
Car(s).................................. 9000
Other assets............................ 0
Total Assets............................ 409000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 105000...(715)......0
Total secured debts........... 105000....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Virgin MBNA....................17850.....46........0
Egg............................10130.....26........0
HSBC...........................3732......10........0
Capital One....................7228......18........0
Halifax........................2460......6.........0
Lloyds TSB.....................2254......6.........0
First Direct card..............485.......1.........0
First Direct O/D...............4180......11........0
Total unsecured debts..........48319.....124.......-

Monthly Budget Summary
Total monthly income.................... 2,415
Expenses (including secured debts)....... 2,208
Available for debt repayments........... 207
Monthly UNsecured debt repayments....... 124
Surplus(deficit if negative)............ 83

Personal Balance Sheet Summary
Total assets (things you own)........... 409,000
Total Secured debt...................... -105,000
Total Unsecured debt.................... -48,319
Net Assets.............................. 255,681

How does that look? I hope I've allowed enough for everything. I've included the pro-rata payments we've started making to our creditors (although only Egg and Halifax have so far accepted them) so it looks as if we only have a surplus of £83, but as it adds up to over £200, we can now go onto a "low start" DMP. We had the forms through from CCCS yesterday.

FMN xx

Forgetmenot68

Hi Lucielle, we really did thanks. How has the end of your summer been?

Forgetmenot68

I got another star!!!

I'm a MS Stalwart now!

lucielle

The summer has gone to quickly, even though the weather has been pretty awful. Life gets so much more complicated when they are back at school. This year I will have 4 children at 3 different schools. Just think of all the letters home! Off to buy 4 pairs of school shoes tomorrow.
L

Forgetmenot68

Good luck with that Lucielle. I had to grit my teeth and do that last week....£122 in Clarks... at least it's been budgetted for.

FMN x

Verbatim

at least it's been budgetted for.

Well there you are. Says it all really! :money: