Thursday, November 10, 2011

Financial folly

There comes a time in everyones life (well those of us that skate between the red and the black on our bank accounts monthly anyway) when you have to take stock, and see what the real ins and outs of your finances are.
Well I have just done mine properly for the first time since mum passed away, and its looking rather grim to say the least.

After doing all the adding and subtracting the numbers come up with -£50, so that's a bit of a pain to say the least. To make matters worse, that isn't factoring in any food for the month either, so my weightloss program may well be accelerated somewhat. Where there is a will there is a way, and somehow the numbers will add up somewhere along the line I'm sure. Just need to do a bit of juggling here and there.

On top of this there are a few things I am a little behind on, some of which is sorted, other bits are yet to be discussed and re-arranged, but I will get that done soon. Its just been one of those tough periods where grabbing the bull by the horns is far easier said than done, and hiding the letters away, and ignoring the phone has been far easier. You always know a phonecall from any creditor is bad news.

Good news comes in the shape of utility bills believe it or not. As everyone struggles to keep up with the huge, above inflation rises of fuel prices, my usage has plummeted. Using in some cases half the electricity and gas I was using this time last year. Because of this my accounts are both in credit, and my monthly payments have almost halved.

Then there is my mobile phone usage. Because of choices to arrange mobile phones for friends and family, as well as an addiction to having the latest handset, my mobile bill was huge, for a personal user, I had a bill of about 120- 140 a month. Thankfully with some rehab, a little common sense, and a rethink, I have managed to get this down substantially too. This month will be the first month I get an adjusted bill with the new tariffs etc, so I'm hoping that will half too. If all goes to plan anyway.

I have been in far worse situations than this before, and although its neck deep right now, I am at peace knowing my head is not heading below water, and I can stay afloat. Getting more buoyancy will of course be an improvement, and that is what I am striving for next. If I can pass my part 3 I will have the chance to increase income, so I need to knuckle down and get my shit together.

Things can only get better right... Bootsale time soon, get rid of some junk and get some cash for it.

Right, enough doom and gloom.
Sent using BlackBerry®

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