Below is my SOA - please can you assist with the figures and advise if they're acceptable, or whether they need adjusting.
[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b]
Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1[b]
Monthly Income Details[/b]
Monthly income after tax................ 1423.07
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0[b]
Total monthly income.................... 1423.07[/b][b]
Monthly Expense Details[/b]
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 600
Management charge (leasehold property).. 0
Council tax............................. 76
Electricity............................. 50 (electric only - paid quarterly. Including heater, which is why its higher than normal.)
Gas..................................... 0
Oil..................................... 0
Water rates............................. 40 (both water and sewage rates)
Telephone (land line)................... 0
Mobile phone............................ 10
TV Licence.............................. 13.13
Satellite/Cable TV...................... 0
Internet Services....................... 42 (virgin contract)
Groceries etc. ......................... 200
Clothing................................ 30
Petrol/diesel........................... 100
Road tax................................ 12.68
Car Insurance........................... 52 (40 insurance, 12 breakdown)
Car maintenance (including MOT)......... 25
Car parking............................. 5
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 25 (10 prescription, 15 for dentist/opticians)
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20 (large family)
Haircuts................................ 15
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 25
Laundry................................. 20[b] (no option for laundrey, so added it myself. Tend to spend £10 every 2
Total monthly expenses.................. 1375.81[/b]
[b]
Assets[/b]
Cash.................................... 200
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0[b]
Total Assets............................ 700[/b]
[b]
No Secured nor Hire Purchase Debts[/b]
[b]Unsecured Debts[/b]
Description....................Debt......Monthly...APR
20 different creditor..........12472.....0.........0[b]
Total unsecured debts..........12472.....0.........- [/b]
[b]
Monthly Budget Summary[/b]
Total monthly income.................... 1,423.07
Expenses (including HP & secured debts). 1,375.81
Available for debt repayments........... 47.26
Monthly UNsecured debt repayments....... 0[b]
Amount left after debt repayments....... 47.26[/b]
[b]Personal Balance Sheet Summary[/b]
Total assets (things you own)........... 700
Total HP & Secured debt................. -0
Total Unsecured debt.................... -12,472[b]
Net Assets.............................. -11,772[/b]
[i]Created using the SOA calculator at www.stoozing.com.
Reproduced on Moneysavingexpert with permission, using other browser.[/i][/font]
