SOA template

Wonder_Girl

Hiya, I have noticed that the brave people who are reaching for help find it hard to do their SOA, as there is SO much to remember. I thought a “template” of the most common income/expenditure might be useful. Simply copy and paste this into your window and delete all that doesn’t apply and then fill in your figures. Then the lovely people on this board will point you in the right direction.

I hope you find this useful.

WG xxx

Most common Income

Take home pay
Child Benefit
Rent/Board received
Pension(s)
Income support
Jobseekers allowance
Child support received
Disability living allowance
Working tax credit
Child tax credit
Incapacity benefit
Housing benefit


Most common outgoings

Rent/Mortgage
Secured loan/2nd mortgage
Mortgage endowment
Service charge/ground rent
Water (supply & waste)
Council tax
Gas
Electricity
Building and contents insurance
Landline
Internet
Mobiles
Satellite/cable rental
TV licence
Repairs, service contracts
Appliance rental
Child support paid by you
Childcare
CCJ’s
Life insurance
Private pension
Medical/accident insurance
Vehicle finance
Spares/servicing
Road tax
Car insurance
AA, RAC etc
Fuel & Parking
Fares and travel
Food, toiletries & cleaning
School meals
Meals at work
Pet food/insurance
Clothing and footwear
School trips/activities
Hairdressing
Professional/union fees
Laundry/dry cleaning
Medicines/prescriptions
Dentist
Opticians
Sports, hobbies and entertainment
Tobacco
Eating out/take aways
Children’s pocket money
Church/charity donations
Sundries and emergencies

Also include how many people live in your household and appox ages for the best advice.

domestic_goddess

What a good idea

This should be added to one of the stickys to help first timers.

bluekp

Excellent idea!

There was a discussion a week or two ago about water service providers - certain areas have water supplied by one company and waste provided by another - could you add another line under Water labelled

"Water - Waste (Where applicable)"

or something similar?

skylight

Can you add a line for eating out/Takeaways? These appear a lot on SOA's.

Wonder_Girl

charlotte664 wrote:

Can you add a line for eating out/Takeaways? These appear a lot on SOA's.

But these are BAD

lady_fuschia

Great idea! When Iposted my first SOA I missed things out, and I've noticed a few other people have too- this is a great memory aid.

milliejon

I think this is a fantastic idea.

You've got a vote from me for June!

lynzpower

I think we usually point out martins budget planner at the top of the page which is pretty comprehensive ( although I do forget it at times )

Quincifer

Great idea!

beanielou

How much can you allow for the optician?

Wonder_Girl

This isn't about how much you CAN have, it's about how much you REALLY spend, then you can post it and the great peeps on here will let you know where you could be saving money