SOA please check

xxmichellexx

Please have a look and check this for me guys please i havn't added debts in yet as too many to list and im still going through them total around 30k


Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1638.65
Other income............................ 0
Total monthly income.................... 1638.65
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 452
Management charge (leasehold property).. 0
Council tax............................. 184
Electricity............................. 94
Gas..................................... 55
Oil..................................... 0
Water rates............................. 70
Telephone (land line)................... 35
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 40
Petrol/diesel........................... 30
Road tax................................ 10
Car Insurance........................... 43
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 50
Buildings insurance..................... 0
Contents insurance...................... 48
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1743

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1
Other assets............................ 0
Total Assets............................ 1

No Secured nor Hire Purchase Debts[/B]
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,638.65
Expenses (including HP & secured debts). 1,743
Available for debt repayments........... -104.35
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -104.35
Personal Balance Sheet Summary
Total assets (things you own)........... 1
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 1
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.[/FONT]

dojoman

Use the calculator in this link, then format it for MSE forum and repost it.

http://www.makesenseofcards.com/soacalc.html

xxmichellexx

thanks have re done it now could you please have a look through it for me many thanks

tigerfeet2006

xxmichellexx wrote: »

Please have a look and check this for me guys please i havn't added debts in yet as too many to list and im still going through them total around 30k


Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 1638.65
Other income............................ 0
Total monthly income.................... 1638.65
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 452
Management charge (leasehold property).. 0
Council tax............................. 184
Electricity............................. 94 does this include any arrears?
Gas..................................... 55
Oil..................................... 0
Water rates............................. 70 does this include any arrears?
Telephone (land line)................... 35
Mobile phone............................ 20 put under land line
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 500
Clothing................................ 40
Petrol/diesel........................... 30 how essential is having the car?
Road tax................................ 10
Car Insurance........................... 43
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 60 please can you break this down for me?
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 50 £25
Buildings insurance..................... 0
Contents insurance...................... 48 why is this so high?
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 10 not allowed
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1743

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1
Other assets............................ 0
Total Assets............................ 1

No Secured nor Hire Purchase Debts[/B]
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 1,638.65
Expenses (including HP & secured debts). 1,743
Available for debt repayments........... -104.35
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -104.35
Personal Balance Sheet Summary
Total assets (things you own)........... 1
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 1
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.[/FONT]

At the moment you are running at a deficit. We need to get you balanced a bit more as the OR will want to know how you are going to live if you can't rely on credit and your SOA doesn't balance.

If you would be kind enough to answer my questions I would be greatful.

Have you looked at www.entitledto.co.uk and checked your benefits?

xxmichellexx

tigerfeet2006 wrote: »

At the moment you are running at a deficit. We need to get you balanced a bit more as the OR will want to know how you are going to live if you can't rely on credit and your SOA doesn't balance.

If you would be kind enough to answer my questions I would be greatful.

Have you looked at www.entitledto.co.uk and checked your benefits?

Thanks for looking regarding your response
Elec £94 No arrears just what it works out at
Water £70 No arrears on a water meter
Petrol £30 going to lose car anyway as it is on credit
Child expenses £60 for dinner money and school buses for 2 children
Contenst Insurance £48 is what it comes out for dont know why it is that much always has been

Thanks again any more advice as to where i can change would be graet