help with soa

Bohemian_Raspberry

ok then here goes...

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 850
Partners monthly income after tax....... 1200
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2050
Monthly Expense Details
Mortgage................................ 565
Secured/HP loan repayments.............. 120
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 200 - includes extra payment of £80 towards arrears of £580 from 2008 :lipsrseal
Electricity............................. 65
Gas..................................... 65
Oil..................................... 0
Water rates............................. 17
Telephone (land line)................... 25
Mobile phone............................ 10
TV Licence.............................. 15
Satellite/Cable TV...................... 0
Internet Services....................... 10
Groceries etc. ......................... 300
Clothing................................ 10
Petrol/diesel........................... 60
Road tax................................ 13
Car Insurance........................... 85
Car maintenance (including MOT)......... 11
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..................... 22
Contents insurance...................... 24
Life assurance ......................... 28
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 5
Entertainment........................... 20
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1670

Assets
Cash.................................... 0
House value (Gross)..................... 85000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 86500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 93000....(565)......6.8
Secured Debt.................. 10000....(120)......0
Total secured & HP debts...... 103000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
all debts together.............37646.....0.........0
Total unsecured debts..........37646.....0.........-

Monthly Budget Summary
Total monthly income.................... 2,050
Expenses (including HP & secured debts). 1,670
Available for debt repayments........... 380
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 380
Personal Balance Sheet Summary
Total assets (things you own)........... 86,500
Total HP & Secured debt................. -103,000
Total Unsecured debt.................... -37,646
Net Assets.............................. -54,146

Bohemian_Raspberry

*bumping up again*

dalip

*br* wrote: »

ok then here goes...

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 850
Partners monthly income after tax....... 1200
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2050
Monthly Expense Details
Mortgage................................ 565
Secured/HP loan repayments.............. 120
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 200 - includes extra payment of £80 towards arrears of £580 from 2008 :lipsrsealarrears should be inclued in bc so just put yearly total divided by 12
Electricity............................. 65
Gas..................................... 65
Oil..................................... 0
Water rates............................. 17thats low?
Telephone (land line)................... 25
Mobile phone............................ 10
TV Licence.............................. 15£12
Satellite/Cable TV...................... 0
Internet Services....................... 10
Groceries etc. ......................... 300£380
Clothing................................ 10£40
Petrol/diesel........................... 60low could up this
Road tax................................ 13
Car Insurance........................... 85wow thats high
Car maintenance (including MOT)......... 11
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0£20
Pet insurance/vet bills................. 0
Buildings insurance..................... 22
Contents insurance...................... 24
Life assurance ......................... 28OR may have an interest in this
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 5£10
Entertainment........................... 20not allowed
Holiday................................. 0£20
Emergency fund.......................... 0
Total monthly expenses.................. 1670

Assets
Cash.................................... 0
House value (Gross)..................... 85000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 86500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 93000....(565)......6.8
Secured Debt.................. 10000....(120)......0
Total secured & HP debts...... 103000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
all debts together.............37646.....0.........0
Total unsecured debts..........37646.....0.........-

Monthly Budget Summary
Total monthly income.................... 2,050
Expenses (including HP & secured debts). 1,670
Available for debt repayments........... 380
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 380
Personal Balance Sheet Summary
Total assets (things you own)........... 86,500
Total HP & Secured debt................. -103,000
Total Unsecured debt.................... -37,646
Net Assets.............................. -54,146

Ok redo with the suggestions and we can look at it again.Dx

Bohemian_Raspberry

Thanks very much Dalip, will redo with your suggestions.

My car insurance is so high as I'm 22 and only had my licence for 14 months. We've been trying to get it down in other ways by putting OH as the main driver (we both use the car pretty much the same) but it's coming out more expensive even though he's 24, had his licence for more than 5 years and never claimed.

philnicandamy

Depends on the car sometimes as well.....I guarantee though if you do a bit of digging you'll find it cheaper elsewhere...I did a few years ago when I passed my test

(although much older now and a class 1&2 advanced driver so cheaper now thank god!)