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How does my SoA Look...Advice Please
Comments
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Excellent, ill certainly be doing that this week then. 6% sounds reasonable.
My new SOA is currently looking like:
Number of people in house hold: 2
Incomings
My Net Income: 1668 (Salary) (down from previous due to pension contributions)
Partners Income: £1810 (Salary - She will refuse disclosure)
Total: £3478
Expenses Note: These are just my expenses or my half of the household bills, for example TV licence is 12, but I have put 6.
Rent - £325
Tv licence: £6
Council Tax: £61
Gas: £30
Electricity: £20
Water: £20
Pet insurance: £14
Vet bills: £4
Dentist: £10
opticians: £3
Prescriptions: £3
Groceries: £175
Toiletries: £10
Alcohol: £20
Meals at work: £40
Vehicle finance:£ 0 (partners car - she pays)
Vehicle insurance: £55
Vehicle tax: £3
MOT and ongoing maintenance: £25
Fuel & Parking: £180 (My personal fuel costs-partner has a car through work)
Childcare and maintenance: 0
Clothing and footwear: £50
Hairdressing: £10
Home Phone internet TV: £11
Mobile phone: £20
Laundry: £5
Hobbies leisure and sport: £100
Newspaper, mags, stationary: £20
Gifts: £20
Smoking: £15 (personal - nicorettes)
Im also going to add others:
Holiday: £20
House hold items: (broken appliances, plates and cutlery, bed linen etc) £30
Emergency fund: £20
Total: £1320
Income - Expenses = £1668 - £1320 = £348
Assuming the OR won't allow for Alcohol, nicorette & hobbies and leisure that would leave me with an IPA of £483
I have not included the council tax, Gas/Elec and house insurance for the empty house I have as I am going to give the keys back and am hoping these expenses wont exist in a couple of months.0 -
Groceries £200?
Council Tax (next years rates?)
Gas and electricity costs are averaged to include winter & summer payments/12?
Meals at work £50?
Hairdressing £15?
Mobile phone £40? (contact from work etc)
Toiletries £20?0
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