New SOA

nelevans1

Hi All

I am going to post a new SOA later but need some help.
I am currently BR and not on an IPA.
I have recently changed jobs so going to inform the OR.
My partner is due to start maternity leave this month so do i have to enter her maternity pay into this or leave it blank as she wont have alot of money left after paying her commitments.

dalip

You just lower her contribution,thats if you put her down originally. If not you just put down what she contributes.Dx

nelevans1

Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 800
Partners monthly income after tax....... 200
Benefits................................ 200
Other income............................ 0
Total monthly income.................... 1200
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 600
Management charge (leasehold property).. 0
Council tax............................. 78
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 45
Telephone (land line)................... 11
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 0
Petrol/diesel........................... 80
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 15
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1216

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,200
Expenses (including HP & secured debts). 1,216
Available for debt repayments........... -16
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -16
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 0

Can you take a look at this please, i know ive left a few things out just want to know what kind of figures to enter. It is my girlfriends car but i use it for work so only pay petrol for it.
Not sure how we're going to manage yet with more outgoings than income

dalip

Ok a few on here have had a deficit but i am not a great lover of it myself. If it was ME i would lower H/K to £230 and have £4 surplus. The decision is yours,maybe a few others will give their opinons and then you can decide. Seeing as this in not for the actual bc procedure it may not matter quite so much.Dx