soa but its looking grim

silentborn

right im not sure if this is going to work as im such a noob but here is my SOA its looking pretty grim already as it is as this is with all forms of entertainment cut off and all birthday pressies and xmas budgeting gone my poor poor kids . really dont see what i can do....






Summary

Number of adults in household 2
Number of children in household 2
Number of cars owned 1

IncomeAmount(£)Monthly income after tax---0
Partners monthly income

---

900
Benefits

---

509
Other income

---

44
Total monthly income

---

1353

ExpensesAmount(£)
Rent

---

235.75
Council tax

---

118
Electricity

---

45
Gas

---

30
Water Rates

---

21
Telephone (land line)

---

16
TV Licence

---

11
Satellite/Cable TV

---

0
Groceries etc.

---

300
Petrol

---

120
Road tax

---

12
Car Insurance

---

28
Childcare/nursery

---

0
Other child related expenses

---

30
Medical (prescriptions, dentists, opticians etc.)----0
Pet Insurance/Vet bills

---

0
Contents Insurance

---

0
Total monthly expenses

---

966.75
Secured & HP Debt DescriptionDebt(£)Monthly(£)APR(%)
Mortgage0 (0) 0Secured & HP Debt totals0 - - Unsecured Debt DescriptionDebt(£)Monthly(£)APR(%)

loan6900
credit card 5200
credit card4600
Unsecured Debt totals=16700 so = overspend of £51 overspend

- Asset DescriptionValue
1 car = 800 ish maybe not even that

theoretica

Welcome to the forums!

The main place I can see for making savings is out of the grocery budget- there are some amazing ideas over on the Old Style board on these forums. If you are willing to change your shopping and eating habits they could probably help you halve the grocery budget.