SOA Advice part 2!

wannabedebtfreee

Sorry about this, i realised i left a few things off in the previous post, and added an extra child by mistake. (the 4th child isnt dependant on me, although i pay maintainance) and i have made changes that FYP suggested. here is the revised. there is no child benefit listed in this SOA

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 560
Other income............................ 400
Total monthly income.................... 2360
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 130
Electricity............................. 75
Gas..................................... 75
Oil..................................... 0
Water rates............................. 55
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 40
Road tax................................ 13
Car Insurance........................... 35
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...................... 11
Life assurance ......................... 51
Other insurance......................... 3
Presents (birthday, christmas etc)...... 35
Haircuts................................ 40
Entertainment........................... 0
Holiday................................. 100
Emergency fund.......................... 0
maintainance payments................... 200
Total monthly expenses.................. 2395

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 250
Other assets............................ 0
Total Assets............................ 250

No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 2,360
Expenses (including secured debts)...... 2,395
Available for debt repayments........... -35
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -35
Personal Balance Sheet Summary
Total assets (things you own)........... 250
Total Secured debt...................... -0
Total Unsecured debt.................... -0
Net Assets.............................. 250
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.