newbie

lyndsey151004

hi i only registered today any tips to get started

Numpty_Monkey

:hello: Hi lyndsey

A couple of tips have a red of the sticky At the top of page
or click the links in blue
Guide to newbies
http://forums.moneysavingexpert.com/showthread.html?t=562271
,
DFW dictonary are very helpful
http://forums.moneysavingexpert.com/showthread.html?t=672601

Are just read some of the threads and diaries, very inspiritional:T
or just tells about yourself

we are lovely people here :beer:

poorandindenial

Hi Lindsey

Welcome to the board

Why not tell us a bit about your situation. The easiest way to do this is to put together a SOA (statement of affairs), this will give us a pretty good picture of your situation and will help us to give you the best advice. There is a sticky at the top of the board for newbies and there is also a link up there to a SOA calculator. The SOA will help us to give the best possible advice, especially if you explain anything that looks a bit odd (eg if you rent and your rent includes bills then explain that or we will all ask where your electricity bill is etc etc)

Easterbunny

Hi Lyndsey - Just wanted to second what numpty said - the help you will get on here really is great and even if you dont post very often (like me :rolleyes: ) just reading peoples diaries can be inspirational. If you can do a SOA (the newbies guide explains) the real experts will come along and show you how to cut down on everything! You have truly found a great place - good luck:beer:
Easterbunny x

Tonylpool

hi lyndsey,

i have been on here just a few days and the support is amazing!

Post your SOA and let us help you

Tony x

lyndsey151004

ok now being dimm how do i put on a sticky and an soa?????

poorandindenial

if you go to the link that I post in a second, you can fill out your SOA online and then copy (ctrl+c) and paste (ctrl+v) into a new post on this thread.

One second and I will link to the sticky for newbies and also to the SOA calculator.

Sticky for newbies - click here

SOA calculator - click here

lyndsey151004

sorry i just dont get it

poorandindenial

Sorry Lindsey, it is probably me talking in jargon. if you put all of your incomings and expenditures into the form on the SOA calculator link I posted above then you can highlight all the text and copy and paste it into a post on this thread. Alternativelt, here is a template for an SOA that doesn't involve going to that site, you can put it into a post of your own by hitting the quote button below this post, then you will see all of this post already in your new post and all you have to do is pop your figures in.

SOA template (shamelessly ripped off of the one posted to above):
Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 0
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 0
Clothing................................ 0
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0

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

No Secured Debt
Name..........Debt......Monthly...APR
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-

Unsecured Debts
Name..........Debt......Monthly...APR
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-
debts..........0.........0.........-

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

e.g. the number of adults & children in the household, the number

of cars included in the SOA or anything else that may be useful.

Tonylpool

it took me ages too lyndsey!!!!

lyndsey151004

Monthly Income (after tax) Partner's Monthly Income Benefits Other Income (e.g. maintenance payments)
Enter your monthly expenditureAmount (£) Mortgage Repayment Secured Loan Repayments Rent Management Charge (e.g. on leasehold property) Council Tax Electricity Gas Oil Water Rates Telephone (land line) Mobile Phone TV Licence Satellite/Cable TV Internet Services Groceries etc. Clothing Petrol/Diesel Road Tax (car) Car Insurance (including breakdown cover) Car Maintenance (including MOT) Car Parking Other Travel Childcare/Nursery Other child related expenses Medical (prescriptions, dentists, opticians etc.) Pet Insurance/Vet bills Building Insurance Contents Insurance Life Assurance Other Insurance Presents (birthday, christmas etc.) Haircuts Entertainment Holiday Household Emergency Fund (e.g. for repairs)
Enter Debts that are SECURED on your homeEnter the amount borrowed here, but the monthly payments in the Expenses table above.
Debt description </SPAN>Debt (£) </SPAN>Monthly payment (£) </SPAN>Annual Rate (%) </SPAN>Mortgage: enter loan amount ==> Secured debt: enter total loan ==>
Enter your UNsecured Debts e.g. credit cardsDebt description </SPAN>Debt (£) </SPAN>Min Pay (£) </SPAN>Annual Rate (%) </SPAN>

Enter the value of your assetsAsset Value (£) Cash House value (gross) Shares & bonds Car(s) Other assets (e.g. endowments, jewellery)
Main functions...

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Click here for important privacy and usage information.

* You have a mortgage but no life assurance?
* Your house value is less than the debt secured on it. Is that correct?

Summary of Monthly Income, expense and surplus
Total monthly income: £
Expenses (incl. secured debts): £
Available for debt repayments: £
Unsecured debt repayments: £ Surplus £

Personal Balance Sheet Summary
Assets: £
Secured Debt £
Unsecured Debt £ Net Assets £