My S.O.A.

Effy

Hey guys I'm new to this but decided to post my S.O.A. so I could see what I should have at the end of the month (and don't!)

Think I may start a spending diary next month and am aware that on some things I'm a bit extravagant (£40.00 on hair!) I clearly lose £150 a month somewhere too, eek!

Anyway if anyone has any helpful hints or tips or a guide as to how to get some willpower I would be most grateful!


Monthly income after tax................ 1254
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1254

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 400
Management charge (leasehold property).. 0
Council tax............................. 75 I have estimated costs of gas, electric, Ct, internet, landline, water and sky as I pay £150 and this covers all bills
Electricity............................. 25
Gas..................................... 25
Oil..................................... 0
Water rates............................. 15
Telephone (land line)................... 0
Mobile phone............................ 0
TV Licence.............................. 6
Satellite/Cable TV...................... 0
Internet Services....................... 10
Groceries etc. ......................... 80 I need to cut this down! Going to go look at the meal planning options
Clothing................................ 10
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 15 Oyster card though I dont always use this much
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 50
Haircuts................................ 40
Entertainment........................... 200 I'm including cigarettes in this
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 951

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
Mint...........................1263......30........0
Overdraft......................1750......25........0 This is just an interest payment :eek:
Loan...........................0.........91.05.....0
Total unsecured debts..........3013......146.05....-

Monthly Budget Summary
Total monthly income.................... 1,254
Expenses (including secured debts)....... 951
Available for debt repayments........... 303
Monthly UNsecured debt repayments....... 146.05
Surplus(deficit if negative)............ 156.95 where is this money?! maybe in entertainment :rolleyes:

Im looking into getting a second job though I have just applied for another full time position and if I get this (fingers crossed) it would make it impossible to take on something extra. The salary is a bit more then im on now but would be cancelled out with travel costs so no significant changes (apart from I'd be happier in new job! )

I think willpower is my biggest problem as i find it hard to sit in when my friends are all out!

Any help welcomed thank you :T

Horace

This is a duplicate posting.

Effy

oops sorry! first thread I have made!

Horace

Its easy done Effy. I have responded to your plea on your other posting.