My Soa, help please!

jimbraund

Can you please check my soa and see what you think, i've not put the car in assests as the loan is in my gf name but i pay the loan and she pay the council tax or should i change this.



Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 1
Monthly Income Details[/b]
Monthly income after tax................ 1140
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0

Total monthly income.................... 1140

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 260
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 43
Gas..................................... 30
Oil..................................... 0
Water rates............................. 22
Telephone (land line)................... 0
Mobile phone............................ 20
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 140
Clothing................................ 20
Petrol/diesel........................... 80
Road tax................................ 0
Car Insurance........................... 42
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 106
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 10
Entertainment........................... 30
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 853

Assets

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

Unsecured Debts
Description....................Debt......Monthly...APR
Total Debts Combined...........22013.....0.........0
Court Costs & Repay............1600......140.......0
Total unsecured debts..........23613.....140.......-

Monthly Budget Summary
Total monthly income.................... 1,140
Expenses (including HP & secured debts). 853
Available for debt repayments........... 287
Monthly UNsecured debt repayments....... 140
Amount left after debt repayments....... 147

Personal Balance Sheet Summary

Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -23,613
Net Assets.............................. -23,613

dalip

Ok If just you going bc and you live with your girlfriend then you have to put total household bills+ your own personal expenditure(haircuts,car,travel,health) to give a grand total. You also need to put in a CONTRIBUTION from your girlfriend to household bills only. Will try to show you by putting comments on your i&e now.Dx

dalip

jimbraund wrote: »

Can you please check my soa and see what you think, i've not put the car in assests as the loan is in my gf name but i pay the loan and she pay the council tax or should i change this.



Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 1
Monthly Income Details[/b]
Monthly income after tax................ 1140
Partners monthly income after tax....... 0CONTRIBUTION,not their full income
Benefits................................ 0
Other income............................ 0

Total monthly income.................... 1140

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 260full amount
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 43ditto(max about £60)
Gas..................................... 30ditto(make sure you allow for winter costs)
Oil..................................... 0
Water rates............................. 22 full amount(total dvided by 12)
Telephone (land line)................... 0? no landline
Mobile phone............................ 20
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 140full amount for 2 adults(£350 aprox)
Clothing................................ 20
Petrol/diesel........................... 80
Road tax................................ 0
Car Insurance........................... 42
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 106? what is this
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 10
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20not normally allowed
Haircuts................................ 10
Entertainment........................... 30no chance,entertainment when bc:D
Holiday................................. 0£30
Emergency fund.......................... 0
Total monthly expenses.................. 853

Assets

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

Unsecured Debts
Description....................Debt......Monthly...APR
Total Debts Combined...........22013.....0.........0
Court Costs & Repay............1600......140.......0
Total unsecured debts..........23613.....140.......-

Monthly Budget Summary
Total monthly income.................... 1,140
Expenses (including HP & secured debts). 853
Available for debt repayments........... 287
Monthly UNsecured debt repayments....... 140
Amount left after debt repayments....... 147

Personal Balance Sheet Summary

Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -23,613
Net Assets.............................. -23,613

ok have tried to show where you need to put full amounts. There are plenty of places where you can have a larger allowance but do the alterations first and we can mess with it again later;).Dx


Ps have you taken advice from ether cccs,cab or NDL?