Merry - Ramblings of an undischarged bankrupt!

tigerfeet2006

Merry_Gentry wrote: »

This is for one adult and three children (13, 11 and 4). I have done some tweaking (thanks guys) and think this is a fair representation of what goes on. The shopping includes toiletries, washing stuff, etc

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 900
Partners monthly income after tax....... 0
Benefits................................ 1059 (incl child benefit, housing benefit & WTC)
Other income............................ 550 (child support for all three kids)
Total monthly income.................... 2509

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 1100
Management charge (leasehold property).. 0
Council tax............................. 150
Electricity............................. 50
Gas..................................... 60
Oil..................................... 0
Water rates............................. 50
Telephone (land line)................... 20
Mobile phone............................ 40 (three mobile phones)
TV Licence.............................. 12
Satellite/Cable TV...................... 25 Not allowed on SOA. Has to come out of surplus.
Internet Services....................... 13 (required for school)
Groceries etc. ......................... 500
Clothing................................ 40 Up toat least £100
Petrol/diesel........................... 120
Road tax................................ 16
Car Insurance........................... 19 Is this fully comp? You need to get this if you can.
Car maintenance (including MOT)......... 25
Car parking............................. 55
Other travel............................ 52 (girls travelling to school)
Childcare/nursery....................... 0
Other child related expenses............ 50 (music/singing lessons at school)
Medical (prescriptions, dentist etc).... 10 Up to £20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0 You need to get this
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15 This might be cut but leave and see
Haircuts................................ 25
Entertainment........................... 0
Holiday................................. 0 Add something here as well.
Emergency fund.......................... 0
Total monthly expenses.................. 2447

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

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 2,509
Expenses (including secured debts)....... 2,447
Available for debt repayments........... 62
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 62

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

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

:beer::beer:

What about breakdown cover?

Hope this helps a bit.

Merry_Gentry

Hiya Angel, good to see you :hello:

Merry_Gentry

Hiya Tiger

Yep, the £19 per month is fully comprehensive car insurance - costs me under £240 a year cos I have protected no claims.

Will have another tweak tomorrow - ta xx

tigerfeet2006

That's a really good price for fully comp. Well done you :T

Merry_Gentry

Why thank you!! Confused.com

sandywindsor

Help the Aged!!!LOL:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:


XXX

Sandy

Merry_Gentry

sandywindsor wrote: »

Help the Aged!!!LOL:rotfl: :rotfl: :rotfl: :rotfl: :rotfl:


XXX

Sandy

Now that has confused me!!!

Merry_Gentry

I have a house!!! :j:j Landlord on the lovely house I saw a month or so back is willing to accept me with a guarantor. The let is only for six months, but in that time I can save up another deposit, and will be able to show any other potential landlords that I am a good rental prospect. And hopefully be discharged by then :rolleyes:

So next week me and the girls will be packing and the week after we will be moving into our new house.

H and I have sorted most things out with regard to childcare access, and it looks like this could be just the fresh start both of us need :T

AnnesWitterings

Ooh congratulations

Have silently followed your posts from begining...best wishes for your move into your new home:rotfl:

A:rotfl: nne

tigerfeet2006

That's brilliant news Merry, I am so chuffed for you. Hope the move goes well and you never know the landlord may extend the tenancy.

Glad things are settleing down for you.

(((hugs))) to you and your girls.