not good!

skint2009

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1600
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1600
Monthly Expense Details
Mortgage................................ 400
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 72
Electricity............................. 30
Gas..................................... 35
Oil..................................... 0
Water rates............................. 20
Telephone (land line)................... 20
Mobile phone............................ 20
TV Licence.............................. 13
Satellite/Cable TV...................... 20
Internet Services....................... 10
Groceries etc. ......................... 50
Clothing................................ 50
Petrol/diesel........................... 100
Road tax................................ 20
Car Insurance........................... 55
Car maintenance (including MOT)......... 20
Car parking............................. 5
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 10
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 15
Presents (birthday, christmas etc)...... 40
Haircuts................................ 24
Entertainment........................... 100
Holiday................................. 50
Emergency fund.......................... 50
Total monthly expenses.................. 1259

Assets
Cash.................................... 0
House value (Gross)..................... 90000
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 92000

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 80000....(400)......4
Total secured & HP debts...... 80000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
credit card....................1800......65........18.9
credit card....................2000......47........5.9
credit card....................4800......117.......6.9
overdraft......................2500......50........15.6
loan...........................13000.....500.......5.9
Total unsecured debts..........24100.....779.......-

Monthly Budget Summary
Total monthly income.................... 1,600
Expenses (including HP & secured debts). 1,259
Available for debt repayments........... 341
Monthly UNsecured debt repayments....... 779
Amount short for making debt repayments. -438
Personal Balance Sheet Summary
Total assets (things you own)........... 92,000
Total HP & Secured debt................. -80,000
Total Unsecured debt.................... -24,100
Net Assets.............................. -12,100

LandyAndy

Well, you've got a struggle on your hands but entertainment, holiday and emergency fund have to go to solve half of your problem.

michael1983l

Isn't this your 3rd thread on this matter now?

LandyAndy

£660 insurance for an old car? what is it? have you shopped around

LandyAndy

michael1983l wrote: »

Isn't this your 3rd thread on this matter now?

I hadn't noticed that:o, is this a wind up?

I thought a bare SoA was unusual.