Income/expenditiure Posted

tigerfeet2006

wannabedebtfreee wrote: »

thanks for all those quick replies folks, i have made changes to the original soa, how does it look now? I havent included my wifes 20 a day habit, Could I??

Sorry no the OR will not consider smoking in your SOA.

wannabedebtfreee

tigerfeet2006 wrote: »

Sorry no the OR will not consider smoking in your SOA.

but he will allow everything else i have put down yes?

tigerfeet2006

There are still things missing and you need to break down some things.Also is that maintenance for the house? It is very expensive.

Try using the link here
http://www.makesenseofcards.com/soacalc.html

wannabedebtfreee

tigerfeet2006 wrote: »

There are still things missing and you need to break down some things.Also is that maintenance for the house? It is very expensive.

Try using the link here
http://www.makesenseofcards.com/soacalc.html

no sory its what i pay my ex for our son!

wannabedebtfreee

wannabedebtfreee wrote: »

no sory its what i pay my ex for our son!

thanks for that link tf, so wil the OR allow all the items in that list, some look a bit dodgy, presents, entertainment etc?

fudge59

wannabedebtfreee wrote: »

thanks for that link tf, so wil the OR allow all the items in that list, some look a bit dodgy, presents, entertainment etc?

It depends on what your OR is like - mine wouldnt accept any of them - they said it'd have to come out of my surplus left over.

tigerfeet2006

use the calculater then we will tweek it again for you. Some OR's have allowed a small sum for birthday but some don't. Most will allow some for a holiday.

wannabedebtfreee

tigerfeet2006 wrote: »

use the calculater then we will tweek it again for you. Some OR's have allowed a small sum for birthday but some don't. Most will allow some for a holiday.

so is there anyway you can see what i fill in on there? or do i have to type it out on the forum again

tigerfeet2006

When you get to the format point press the MSE button. Then you can copy and paste it into here.

wannabedebtfreee

It took a while, but here it is.!

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 350
Other income............................ 550
Total monthly income.................... 2300

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 700
Management charge (leasehold property).. 0
Council tax............................. 120
Electricity............................. 75
Gas..................................... 75
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 30
Mobile phone............................ 50
TV Licence.............................. 11
Satellite/Cable TV...................... 20
Internet Services....................... 40
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 65
Road tax................................ 20
Car Insurance........................... 50
Car maintenance (including MOT)......... 15
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 13
Life assurance ......................... 51
Other insurance......................... 0
Presents (birthday, christmas etc)...... 30
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 120
Emergency fund.......................... 25
Total monthly expenses.................. 2338

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 500

No Secured Debt

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

Monthly Budget Summary
Total monthly income.................... 2,300
Expenses (including secured debts)....... 2,338
Available for debt repayments........... -38
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ -38

Personal Balance Sheet Summary
Total assets (things you own)........... 500
Total Secured debt...................... -0
Total Unsecured debt.................... -0
Net Assets.............................. 500

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