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can someone check my expences please ?
jono_1uk
Posts: 160 Forumite
these catagories are off the SOA form.
net income £1472
board inc all bills £ 80 pm paid DD to mother ( yes i know its low but mother dakes into account i have the car aand take her about etc )
housekeeping/ food etc £200 pm this is lunch at work + evening ( still thik this could be on the low side )
mobile phone / internet £50
petrol £150 1000 work miles a month + other running about
clothing / haircut £20 haircut cost £7 quid every 4-5 weeks not bought any clothes aprt from shirts for work for ages so could this be to low ?
other essential payments £40 advised on ccc websiite to put ths amount but i think it is way to low, car tax is £100 per year and car needs regular service because of the high miles it does
IF car insurance is included in the above well that is £26 a month and will prob go up at end of year due to 3rd party claim going on at the moment.
added breakdown cover on which is about £26 a quarter.
anything else i need to add ?
I havent included birthdays / xmas socialisation hols etc because it doesnt give any indication they will allow for that .
TBH the ccc form is more comprehensive then the official SOA
net income £1472
board inc all bills £ 80 pm paid DD to mother ( yes i know its low but mother dakes into account i have the car aand take her about etc )
housekeeping/ food etc £200 pm this is lunch at work + evening ( still thik this could be on the low side )
mobile phone / internet £50
petrol £150 1000 work miles a month + other running about
clothing / haircut £20 haircut cost £7 quid every 4-5 weeks not bought any clothes aprt from shirts for work for ages so could this be to low ?
other essential payments £40 advised on ccc websiite to put ths amount but i think it is way to low, car tax is £100 per year and car needs regular service because of the high miles it does
IF car insurance is included in the above well that is £26 a month and will prob go up at end of year due to 3rd party claim going on at the moment.
added breakdown cover on which is about £26 a quarter.
anything else i need to add ?
I havent included birthdays / xmas socialisation hols etc because it doesnt give any indication they will allow for that .
TBH the ccc form is more comprehensive then the official SOA
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Comments
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Here's some extra's that i put in on mine in the box for other essential monthly outgoings.
House insurance £20 TV License £12
Holidays £20 Sundries & Emergencies £25
Dentist/Opticians £10 Medicine£20
Birthdays/Christmas £20 Hairdressing £10
Car insurance £27 Road Tax £15
Car Spares/repairs/servicing £20 Vehicle breakdown service £10
Repairs & Maintenance £20 Pets, petfood £20Life is like a game of Snakes & Ladders, i almost made it to the top but now i'm at the bottom again and its a very long ladder to the top. I had it all and now its gone :eek:
Well my 6 years are now up, now to start to rebuild my life again
BSC Member 950 -
You seem to be showing a massive surplus after expenses at the moment ?Life is like a game of Snakes & Ladders, i almost made it to the top but now i'm at the bottom again and its a very long ladder to the top. I had it all and now its gone :eek:
Well my 6 years are now up, now to start to rebuild my life again
BSC Member 950 -
housekeeping/ food etc £200 pm this is lunch at work + evening ( still thik this could be on the low side )
Is this figure just for you as a single person? if so it could be deemed a little high as i put down £250 for me and OH together.Life is like a game of Snakes & Ladders, i almost made it to the top but now i'm at the bottom again and its a very long ladder to the top. I had it all and now its gone :eek:
Well my 6 years are now up, now to start to rebuild my life again
BSC Member 950 -
empty_wallet wrote: »You seem to be showing a massive surplus after expenses at the moment ?
i do because i have never sat down and worked things out down to the last £1
i a frightened that if i put to much down he will think i am taking the P but if i dont and the car breaks down or petrol goes up, i wont have enough to sort it out . ?0 -
empty_wallet wrote: »Is this figure just for you as a single person? if so it could be deemed a little high as i put down £250 for me and OH together.
that only equates to about £6.50 a day .
that to high for breakfast cereal , lunch and evening meal ?0 -
these catagories are off the SOA form.
net income £1472
board inc all bills £ 80 pm paid DD to mother ( yes i know its low but mother dakes into account i have the car aand take her about etc )
housekeeping/ food etc £200 pm this is lunch at work + evening ( still thik this could be on the low side ) Usually £160 for single but leave it and see
mobile phone / internet £50 Is this a package? Do you need internet for work? If not don't mention it as internet will need to come out of surplus. This may be deemed high but leave it and see
petrol £150 1000 work miles a month + other running about
clothing / haircut £20 haircut cost £7 quid every 4-5 weeks not bought any clothes aprt from shirts for work for ages so could this be to low ? Clothes up to £50
other essential payments £40 advised on ccc websiite to put ths amount but i think it is way to low, car tax is £100 per year and car needs regular service because of the high miles it does
IF car insurance is included in the above well that is £26 a month and will prob go up at end of year due to 3rd party claim going on at the moment.
added breakdown cover on which is about £26 a quarter.
Do you pay for prescriptions? opticians? dental?
Holidays £20
christmas/birthdays £20 though this seems to be being disalowed by some OR's
Expenses/emergancies £20 ditto though.
Are you a member of a professional body?
Do you wear suits to work that need dry cleaning?
anything else i need to add ?
I havent included birthdays / xmas socialisation hols etc because it doesnt give any indication they will allow for that .
TBH the ccc form is more comprehensive then the official SOA
Hope some of that helps.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0 -
i do because i have never sat down and worked things out down to the last £1
i a frightened that if i put to much down he will think i am taking the P but if i dont and the car breaks down or petrol goes up, i wont have enough to sort it out . ?
If you leave a massive surlus then you will lose a big percentage with an IPA, maybe you should up your rent and other areas to take the surplus down. I think i remember you saying about your car and the finance payments on this
Life is like a game of Snakes & Ladders, i almost made it to the top but now i'm at the bottom again and its a very long ladder to the top. I had it all and now its gone :eek:
Well my 6 years are now up, now to start to rebuild my life again
BSC Member 950 -
If you have finance on the car then you need to include this as EW says. I t is an outgoing.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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i cant up my rent as that has been paid by DD and will show on previous statements.
if i up it now suddenly they will be suspicious .
car is £168 pm i owe £5200 but it is worth bout £3000 at very most. ( has been listed )
needs new tires and has cracked rear bumper.
i am paying £195 pm for my harley which i know will go and i have listed it ...
( worth £5000 BUT owe £8000 against it as i had to finnace settlement of previous bike )
200 pm fixed payment to mint cc ( owe £8200 )
170 pm chahoot cc (owe £7000)
165 pm CITI cc ( owe £4200)
303 pm HSBC personal loan ( owe £14000 )
halifax b/a £440 od pay em a tenner when mythered
that all adds up to £1200 pm just on hp/loans/ and CC
which leaves me with £270 left for the expenses i have listed .
i am not a member of a profesional body and suites dont need dry cleaning
i have removed phone / internet but really do need to have money avail for that in surplus.
if i take away the debt payments and add up my outgoins as above + the extras i have listed i have a surplus of about £730 ...
OR is gonna have a field day .....:-(0 -
All your debts will go into the BR.
You can keep your mobile phone on the outgoings, just don't put internet, but we usually see this accepted at £30-35. Leave it at £50 and if the OR lowers it then you may get more than you thought and if he doesn't BINGO!!
I&E's are difficult because it depends on the OR what gets allowed, so we can only give generalisations.
Pop up your complete I*E as it stands now with all the outgoings, including car but not loans etc. Thanks.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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