Personal SOA when you live as a couple

sjb16888

Hello,
Does anyone have any examples of the title; A SOA for an individual when you live as a couple? could you post so I can see how to set mine out?

Many Thanks

lazer-zxr

Hi, I recently posted one in the DFWB thread entitled:

DFWB LAZER - help restructure my life

bambos

I don't have an example as such but the way we work it is that my husband pays our mortgage and the other mortgage on our buy to let property. He also pays our buildings/ contents insurance and the buildings insurance on our rental. He also pays the ground rent quarterly for the rental.

I pay everything else, all the bills, pre school fees, school trips, uniform and the food bill each week.

It works out that we pay equally and it works well, I like having my own account and he likes his own account for no other reason than we both find it easier to manage and budget. He does most of the saving but I do put a little bit away each month.

He works full time and gets the rental income and I work part time but get the tax credits and child benefit.

National_Debtline

Hi

The others have given some good advice.

In general for a sole SOA you can just show your personal income and then any outgoings which come out of that personal income. That may be a certain amount on bills and expenses where you both contribute, or you may pay some bills and your partner may pay others, so you’d just show the ones you pay.

James
@natdebtline

rockm87

We have a joint bank account, which pays the rent, bills and food (anything shared basically, including car insurance). We then half the total and pay in the same each, each month.

I keep a separate spreadsheet with for my bank account budget, and the joint one.