Bit of advice

[Deleted User]

The fact he is in your life (whether or not permanently), affects your finances, so needs to be taken into consideration.

BTW. Do you not qualify for Housing Benefit or Council Tax Benefit?

Charlie0802

Yes, hence the £438 in the - other income part of my soa like I had explained above. And my council tax rate is reduced so I have to pay £20.

Charlie0802

Statement of Affairs and Personal Balance Sheet

Household Information
Number of adults in household........... 2
Number of children in household......... 1(+3 3 days a week)
Number of cars owned....................

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 730
Other income............................ 438(housing benefit)
Total monthly income.................... 1168

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 500
Management charge (leasehold property).. 0
Council tax............................. 20
Electricity............................. 88
Gas..................................... 40
Oil..................................... 0
Water rates............................. 42
Telephone (land line)................... 20
Mobile phone............................ 40
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 13
Groceries etc. ......................... 300
Clothing................................ 30
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 20
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 7
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
(Unnamed monthly expense)............... 0
Total monthly expenses.................. 1157


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

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly.. .APR
MBNA...........................463.......25....... .25.7
Barclaycard....................898.......21....... .28.9
Halifax CC.....................563.......23........26.4
ChildTax Overpayment...........525.......25........0
Clockwise......................650.......80....... .8.9
Studio.........................600.......33....... .39.7
Santander......................950.......40....... .0
O2.............................130.......0........ .0
Npower.........................470.......0........ .0
Vodafone.......................702.......0........ .0
Shop Direct....................2244......62........35.7
Shop direct....................6551......98........37.9
Total unsecured debts..........14746.....407.......-


Monthly Budget Summary
Total monthly income.................... 1,168
Expenses (including HP & secured debts). 1,157
Available for debt repayments........... 11
Monthly UNsecured debt repayments....... 407
Amount short for making debt repayments. -396

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -14,746
Net Assets.............................. -14,746

Giraffeseeker

Hi, a couple of thoughts on your SOA:

- Your water rates seem high (£42)
- Do you need to pay for the landline if it isn't working?

Also, I don't know what you can earn yourself without affecting your benefits, but you might want to look at Lionbridge work-from-home opportinities such as this one: http://www.thesmartcrowd.com/workers/job-opportunities/job/internet-content-judge-uk/?origin=20

I did this for a while and dropped out as I struggled with a FT job as well, but might be ideal for you.

Good luck!

Charlie0802

Thanks tintingirl, is that a real work from home one then not one of the con ones.
Water rates have always been that high since the day I moved in. Just sort of got used to it. Also as it Virgin that it's with if I didn't have the landline the package would be more expensive. Don't know why but there you go.