So I got into debt in October. I have paid the debt in full, but I’ll explain how it happened.
(A quick recap. I do my monthly expenses posts based on the full calendar month, but my accounts posts run from payday to the day before the next payday).
PRESENT £50 (My dad sent me the money probably because he felt sorry for me)
SAVINGS £1.15 (Yes, that was the total of my savings)
SEALED POT £4.58 (This was one of those money tins that is hard to open)
TOPCASHBACK £20 (For switching energy suppliers)
LEFT OVER MONEY IN ACCOUNT £6.97
TOTAL = £1297.73
Now time for the less fun bit.
Excess Food Budget Spends £51.67 (Seriously went over last month)
Expenses Post September Payday £47.09
Expenses Pre October Payday £313.58
TOTAL = £1554.84
MONEY IN (£1297.73) – MONEY OUT (£1554.84) = -£257.11
So I got into £257.11 of debt last month. This was the excess spends on my credit card I referred to in my previous post (see here if interested). I have paid that off in full now, so I am back to square one.
No more additional debt, just the horribly big underlying amount.