Soa

Options
Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 933.71
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 933.71


Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 190.04
Management charge (leasehold property).. 0
Council tax............................. 71.3
Electricity............................. 40
Gas..................................... 40
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 11
Mobile phone............................ 15
TV Licence.............................. 23
Satellite/Cable TV...................... 0
Internet Services....................... 15
Groceries etc. ......................... 100
Clothing................................ 10
Petrol/diesel........................... 100
Road tax................................ 10
Car Insurance........................... 37.14
Car maintenance (including MOT)......... 10
Car parking............................. 20
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 5
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 727.48


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 3000
Other assets............................ 0
Total Assets............................ 3000


No Secured Debt

Unsecured Debts
Description....................Debt......Monthly...APR
CCCS...........................8000......79........0
Credit Union...................309.11....76........2
Total unsecured debts..........8309.11...155.......-


Monthly Budget Summary
Total monthly income.................... 933.71
Expenses (including secured debts)....... 727.48
Available for debt repayments........... 206.23
Monthly UNsecured debt repayments....... 155
Surplus(deficit if negative)............ 51.23


Personal Balance Sheet Summary
Total assets (things you own)........... 3,000
Total Secured debt...................... -0
Total Unsecured debt.................... -8,309.11
Net Assets.............................. -5,309.11


Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.
Its just me in the house, I have now set up a DMP but could do with some help in reducing my outgoings.

Comments

  • Horace
    Horace Posts: 14,426 Forumite
    Options
    Hi - are the groceries just for you? If so, you should be able to reduce this. Check out the Moneysaving Oldstyle board for tips on meal planning and clever shopping.

    Sell stuff you no longer use or wear on ebay or at a carboot sale.
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    Options
    Council tax............................. 71.3
    If paying over 10 months, can you ask to pay over 12?

    Electricity............................. 40
    Gas..................................... 40
    Check some comparison sites to see if you are getting a good deal (uswitch, moneysupermarket)

    Mobile phone............................ 15
    PAYG?

    Groceries etc. ......................... 100
    Check out the old style board to get some ideas on mealplans etc

    Hope some of this helps.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
  • Stuckinarut
    Options
    The £15 is PAYG yes, it allows me to phone or text any o2 numbers free of charge each month, and most of the ppl I know are on o2 so means I can phone there mobiles and leave my home phone for home to home calls.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.8K Banking & Borrowing
  • 250.3K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 235.9K Work, Benefits & Business
  • 609.1K Mortgages, Homes & Bills
  • 173.4K Life & Family
  • 248.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards