Well tomorrow is my last day as ‘a bankrupt’. As of Saturday I will officially be a ‘discharged bankrupt’! To be honest the last year has flown past, and life hasn’t really changed that much for me, other than I now pay cash for everything obviously!

I can remember at the beginning worrying about how I would cope without credit cards to fall back on, but I have coped. I must admit I sometimes wonder how I’ll make it through to payday, but I have done and I try and be more organised the following month. That doesn’t always work, but I can muddle through.

I’ve got a system going now so that I can account for my money better:

Salary gets paid into my Nationwide account
All direct debits are paid from my Nationwide account
I withdraw money for the bills for Dave and the housekeeping money and keep this as cash
I transfer my spending money for the month to my Co-op account
I transfer my petrol money to my Virgin pre-paid card (it’s harder to spend when I’m broke!)
Monthly allowances are transferred to my Nationwide E savings account

By doing this I know that the money in my Co-op account is mine to do as I want with and once the cash is withdrawn from the Nationwide account I don’t have to touch it again.