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my SOA
skint-student-nurse
Posts: 1,344 Forumite
hi all,
here is my SOA at last! This is all based on my income since i left uni.
NEW SOA IS A FEW POSTS DOWN!
Monthly Income Details
Monthly income after tax................ 350
Partners monthly income after tax....... n/a
Benefits................................520
Other income............................ 0
Total monthly income....................870
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 725 :eek: (is being reduced to £503 when i move)
Management charge (leasehold property).. 0
Council tax............................. 0 - still exepmt as i am a student
Electricity............................. 20
Gas..................................... 15
Oil..................................... 0
Water rates............................. 15
Telephone (land line)................... 11
Mobile phone............................ 50 (contract - ends this month, swtiching to payg)
TV Licence.............................. 12
Satellite/Cable TV...................... 22
Internet Services....................... 7.50
Groceries etc. ......................... 150
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................40
Childcare/nursery....................... 350
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 9 (hsa)
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0 (bought everything i need in the sales
)
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses..................
Monthly Budget Summary
Total monthly income.................... 870
Expenses (including secured debts)...... 1641
Available for debt repayments........... 0
Monthly UNsecured debt repayments....... 400
Amount left after debt repayments....... 0
i am going down to the council in the morning after going to the CAB as I should qualify for HB which will be a great help! it is a struggle,my OH is helping me make ends meet but enough is enough! im preparing to make a few cut-backs on non-essential items.
here is my SOA at last! This is all based on my income since i left uni.
NEW SOA IS A FEW POSTS DOWN!
Monthly Income Details
Monthly income after tax................ 350
Partners monthly income after tax....... n/a
Benefits................................520
Other income............................ 0
Total monthly income....................870
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 725 :eek: (is being reduced to £503 when i move)
Management charge (leasehold property).. 0
Council tax............................. 0 - still exepmt as i am a student
Electricity............................. 20
Gas..................................... 15
Oil..................................... 0
Water rates............................. 15
Telephone (land line)................... 11
Mobile phone............................ 50 (contract - ends this month, swtiching to payg)
TV Licence.............................. 12
Satellite/Cable TV...................... 22
Internet Services....................... 7.50
Groceries etc. ......................... 150
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................40
Childcare/nursery....................... 350
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 9 (hsa)
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0 (bought everything i need in the sales
)Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses..................
Monthly Budget Summary
Total monthly income.................... 870
Expenses (including secured debts)...... 1641
Available for debt repayments........... 0
Monthly UNsecured debt repayments....... 400
Amount left after debt repayments....... 0
i am going down to the council in the morning after going to the CAB as I should qualify for HB which will be a great help! it is a struggle,my OH is helping me make ends meet but enough is enough! im preparing to make a few cut-backs on non-essential items.
0
Comments
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Monthly Budget Summary
Total monthly income.................... 870
Expenses (including secured debts)...... 1641
Available for debt repayments........... 0
Monthly UNsecured debt repayments....... 400
Amount left after debt repayments....... 0
how will you survive with a monthly defecit like £771?0 -
hello SSN
im not a master at the SOA but a few things
you can have the internet(unless its for work) will have to come out your surplus
you can up gas electric to about £50 each
you cant have sky cable on your form(will have to come out your surplus)
i think other child related expenses allows £5 per week
how many children??
as you can up shopping i was allowed £350 for 1 adult 1 toddler 1 baby
land line can up to £25 and down grade mobile to £25 so thats covered
thats all i can think of at the moment but the masters will be up and about soon to tweek about abit for youIf you want to see the rainbow ,you gotta put up with some rain0 -
maxmycardagain wrote: »how will you survive with a monthly defecit like £771?
is it to early for you or me max???? i thought the debts would be included in br so wont have themIf you want to see the rainbow ,you gotta put up with some rain0 -
maxmycardagain wrote: »how will you survive with a monthly defecit like £771?
my OH is helping atm but this has been going on for a while and its not fair on him,hence why i feel i should go BR. im going to see if the council will give me the maxmium LHA payment of £449(ish).0 -
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 350
Partners monthly income after tax....... 0
Benefits................................ 520
Other income............................ 0
Total monthly income.................... 870
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 725
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 20
Gas..................................... 20
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 11
Mobile phone............................ 25
TV Licence.............................. 11
Satellite/Cable TV...................... 22
Internet Services....................... 7.5
Groceries etc. ......................... 150
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 40
Childcare/nursery....................... 300
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1458.5
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
HSBC loan......................12000.....150.......0
barclay card...................400.......10........0
new look card..................120.......6.........0
housing benefit o/p............1200......100.......0
HSBC credit card...............500.......6.........0
argos card.....................350.......10........0
Total unsecured debts..........14570.....282.......-
Monthly Budget Summary
Total monthly income.................... 870
Expenses (including secured debts)...... 1,458.5
Available for debt repayments........... -588.5
Monthly UNsecured debt repayments....... 282
Amount short for making debt repayments. -870.5
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -14,570
Net Assets.............................. -14,570
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.0 -
do it again as if post-BR, and renting, and getting HB
i need a bacon butty0 -
skint-student-nurse wrote: »Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 350
Partners monthly income after tax....... 0
Benefits................................ 520
Other income............................ 0
Total monthly income.................... 870
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 725 (going down)
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 20
Gas..................................... 20
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 11
Mobile phone............................ 25
TV Licence.............................. 11
Satellite/Cable TV...................... 22
Internet Services....................... 7.5
Groceries etc. ......................... 150
Clothing................................ 50 (maybe high)
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 40
Childcare/nursery....................... 300
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0 (add some)
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0 (add some)
Emergency fund.......................... 0
Total monthly expenses.................. 1458.5
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
HSBC loan......................12000.....150.......0
barclay card...................400.......10........0
new look card..................120.......6.........0
housing benefit o/p............1200......100.......0
HSBC credit card...............500.......6.........0
argos card.....................350.......10........0
Total unsecured debts..........14570.....282.......- (all going)
Monthly Budget Summary
Total monthly income.................... 870
Expenses (including secured debts)...... 1,458.5
Available for debt repayments........... -588.5
Monthly UNsecured debt repayments....... 282
Amount short for making debt repayments. -870.5
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total Secured debt...................... -0
Total Unsecured debt.................... -14,570
Net Assets.............................. -14,570
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.
everyone seems to do a SOA "as things are" but not "as they will be"0 -
maxmycardagain wrote: »do it again as if post-BR, and renting, and getting HB
i need a bacon butty
i'll buy if you deliver max
SSN are you getting help with childcare costs. and checked if any other benefits you can claim forIf you want to see the rainbow ,you gotta put up with some rain0 -
SSN do another SOA with HB/CTB as if they judge sees that you are spending more than you earn he may refuse br as he will want to know how you can cope after br without creditIf you want to see the rainbow ,you gotta put up with some rain0
-
Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 0
Monthly Income Details
Monthly income after tax................ 350
Partners monthly income after tax....... 0
Benefits................................ 975
Other income............................ 0
Total monthly income.................... 1325
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 725
Management charge (leasehold property).. 0
Council tax............................. 25
Electricity............................. 20
Gas..................................... 20
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 11
Mobile phone............................ 25
TV Licence.............................. 11
Satellite/Cable TV...................... 22
Internet Services....................... 7.5
Groceries etc. ......................... 150
Clothing................................ 50
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 40
Childcare/nursery....................... 300
Other child related expenses............ 20
Medical (prescriptions, dentist etc).... 9
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1483.5
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
HSBC loan......................0.........0.........0
barclay card...................0.........0.........0
new look card..................0.........0.........0
housing benefit o/p............0.........0.........0
HSBC credit card...............0.........0.........0
argos card.....................0.........0.........0
Total unsecured debts..........0.........0.........-
Monthly Budget Summary
Total monthly income.................... 1,325
Expenses (including secured debts)...... 1,483.5
Available for debt repayments........... -158.5
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -158.5
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.
hope that is right....i easily confused atm0
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