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Can you check my SOA please?

Hello

Have done my SOA now I have a new perminant job. Please have a look at let me know what you think.

Monthly Income Details[/b]
Monthly income after tax................ 975
Total monthly income.................... 975
Monthly Expense Details
Rent.................................... 400
Electricity............................. 50
Telephone (land line)................... 25
Mobile phone............................ 20
Satellite/Cable TV...................... 20
Internet Services....................... 7.5
Groceries etc. ......................... 200
Clothing................................ 25
Petrol/diesel........................... 40
Road tax................................ 15
Car Insurance........................... 100
Car maintenance (including MOT)......... 10
Life assurance ......................... 10
Other insurance......................... 8
Haircuts................................ 10
Total monthly expenses.................. 940.50

Monthly Budget Summary

Total monthly income.................... 975.00
Expenses (including HP & secured debts). 940.50
Available for debt repayments........... 34.50
Amount left after debt repayments....... 34.50
BR 10/12/2009

Comments

  • crowman19
    crowman19 Posts: 371 Forumite
    Your car insurance seems very steep at 100 pound. Is this monthly ?
    Bankrupt 07/10/2009

    Early Discharge 20/05/2010
  • dojoman
    dojoman Posts: 12,027 Forumite
    Peugeot wrote: »
    Hello

    Have done my SOA now I have a new perminant job. Please have a look at let me know what you think.

    Monthly Income Details[/b]
    Monthly income after tax................ 975
    Total monthly income.................... 975
    Monthly Expense Details
    Rent.................................... 400
    Electricity............................. 50
    Telephone (land line)................... 25
    Mobile phone............................ 20
    Satellite/Cable TV...................... 20 Not allowed in BR.
    Internet Services....................... 7.5 Is it necessary?
    Groceries etc. ......................... 200
    Clothing................................ 25 I would up this.
    Petrol/diesel........................... 40
    Road tax................................ 15
    Car Insurance........................... 100
    Car maintenance (including MOT)......... 10
    Life assurance ......................... 10 OR may have am interest in this.
    Other insurance......................... 8 What is this for?
    Haircuts................................ 10
    Total monthly expenses.................. 940.50

    Monthly Budget Summary

    Total monthly income.................... 975.00
    Expenses (including HP & secured debts). 940.50
    Available for debt repayments........... 34.50
    Amount left after debt repayments....... 34.50

    I have made some comments, hope this helps!
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Has your income gone up with the permanent job?

    :j :j


  • Peugeot
    Peugeot Posts: 16 Forumite
    Hi

    Thanks for the comments, I have high insurance cos I'm a naughty boy! Points and accidents. The other insurance is for my phone. I guess with the things not alowed and upping the clothing I'm still only having about 60-70 free a month, still not enough to pay debt! Well Saving that it'll only take me 7 months to save for my fee!

    Peugeot.
    BR 10/12/2009
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