Welcome to DFW RJC73!!!! :D

Sea78

Hi!!!
Now you have to post your SOA - no option lol!!!

Chat to you later

Sea xxxxxx

rjc73

Hellooooooooo!
Finally here!
Here's my soa...

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 299.16
Other income............................ 0
Total monthly income.................... 1699.16

Monthly Expense Details
Mortgage................................ 719
Secured loan repayments................. 104
Rent.................................... 0
Management charge (leasehold flat)...... 0
Council tax............................. 124
Electricity............................. 35
Gas..................................... 35
Oil..................................... 0
Water rates............................. 39
Telephone (land line)................... 25
Mobile phone............................ 35
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 1
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 8
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 33
Contents insurance...................... 15
Life assurance ......................... 47
Other insurance......................... 0
Presents (birthday, christmas etc)...... 500
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1852

Assets
Cash.................................... 0
House value (Gross)..................... 165000
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 165000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 135000...(719)......0
Secured Debt.................. 0........(104)......0
Total secured debts........... 135000....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
tesco..........................1986......60........24
sains..........................261.......6.........24
cap 1..........................238.......8.........18
mbna...........................1790......60........30
cap 1..........................1010......60........18
all lei........................4585......62........14.4
bcard..........................3555......80........22.8
f direct.......................2701......83........18
halifax........................3431......78........25.2
Total unsecured debts..........19557.....497.......-

Monthly Budget Summary
Total monthly income.................... 1,699.16
Expenses (including secure debts)....... 1,852
Available for debt repayments........... -152.84
Monthly UNsecured debt repayments....... 497
Surplus(deficit if negative)............ -649.84

Personal Balance Sheet Summary
Total assets (things you own)........... 165,000
Total Secured debt...................... -135,000
Total Unsecured debt.................... -19,557
Personal net worth...................... 10,443

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

This doesn't make much sense to me ,I think it needs quite a lot of tweaking!!

Sea78

£500 in the presents section - is that a typo hun?

rjc73

TRIES AGAIN..........sorry caps lock

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 299.16
Other income............................ 0
Total monthly income.................... 1699.16

Monthly Expense Details
Mortgage................................ 719
Secured loan repayments................. 104
Rent.................................... 0
Management charge (leasehold flat)...... 0
Council tax............................. 124
Electricity............................. 35
Gas..................................... 35
Oil..................................... 0
Water rates............................. 39
Telephone (land line)................... 25
Mobile phone............................ 35
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 1
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 8
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 33
Contents insurance...................... 15
Life assurance ......................... 47
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1367

Assets
Cash.................................... 0
House value (Gross)..................... 165000
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 165000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 135000...(719)......0
Secured Debt.................. 0........(104)......0
Total secured debts........... 135000....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
tesco..........................1986......60........24
sains..........................261.......6.........24
cap 1..........................238.......8.........18
mbna...........................1790......60........30
cap 1..........................1010......60........18
all lei........................4585......62........14.4
bcard..........................3555......80........22.8
f direct.......................2701......83........18
halifax........................3431......78........25.2
Total unsecured debts..........19557.....497.......-

Monthly Budget Summary
Total monthly income.................... 1,699.16
Expenses (including secure debts)....... 1,367
Available for debt repayments........... 332.16
Monthly UNsecured debt repayments....... 497
Surplus(deficit if negative)............ -164.84

Personal Balance Sheet Summary
Total assets (things you own)........... 165,000
Total Secured debt...................... -135,000
Total Unsecured debt.................... -19,557
Personal net worth...................... 10,443

Created using the SOA calculator at https://www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

SarahNeedle1872

rjc73 wrote: »

TRIES AGAIN..........sorry caps lock

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 299.16
Other income............................ 0
Total monthly income.................... 1699.16

Monthly Expense Details
Mortgage................................ 719
Secured loan repayments................. 104 - what is this for? There is no secured loan listed below
Rent.................................... 0
Management charge (leasehold flat)...... 0
Council tax............................. 124 - 10 or 12 months?
Electricity............................. 35
Gas..................................... 35 - these both seem high, can yuo switch providers?
Oil..................................... 0
Water rates............................. 39 - again this is high
Telephone (land line)................... 25
Mobile phone............................ 35 - can you ditch and go PAYG, this is high with a £25 landline bill too
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 1
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 8
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 33
Contents insurance...................... 15
Life assurance ......................... 47
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1367

Assets
Cash.................................... 0
House value (Gross)..................... 165000
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 165000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 135000...(719)......0
Secured Debt.................. 0........(104)......0
Total secured debts........... 135000....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
tesco..........................1986......60........24
sains..........................261.......6.........24
cap 1..........................238.......8.........18
mbna...........................1790......60........30
cap 1..........................1010......60........18
all lei........................4585......62........14.4
bcard..........................3555......80........22.8
f direct.......................2701......83........18
halifax........................3431......78........25.2
Total unsecured debts..........19557.....497.......-

Monthly Budget Summary
Total monthly income.................... 1,699.16
Expenses (including secure debts)....... 1,367
Available for debt repayments........... 332.16
Monthly UNsecured debt repayments....... 497
Surplus(deficit if negative)............ -164.84

Personal Balance Sheet Summary
Total assets (things you own)........... 165,000
Total Secured debt...................... -135,000
Total Unsecured debt.................... -19,557
Personal net worth...................... 10,443

Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

======== Enter any other useful information below ========

Hi RJC73...... Welcome aboard! Any friend of Sea is a friend of ours!:cool:

Can I ask, as no partner income, is ur partner out of work or are you a single parent? In either case, are you claiming all the benefits you are entitled to? Check entitledto.co.uk
And if single parent, do you recieve maintenance at all?

Again if single, are you recieving the single person discount for your council tax?

Have you tried to apply for some new credit to shift some of your high APRs? Or at least call them all up and see if you have any BT deals to take advantage of, or just ask them to reduce the APR a little...

Thats all I can think of for now, just flying by, but for now, hello and welcome

Sarah x

elantan

hello and welcome to the board ....i loved your soa idea that much i knicked it ...

rjc73

Ooh, thanks for the welcome!
I've put loads of things in the wrong boxes!
Just to clarify...
oh works full time...thats his salary but its a bit of a guesstimate as he normally has a monthly bonus on top of the basic (app. £50-100)
I stay at home with 2 little 'uns.
Council tax is for 10 months and I'm demanded someone to come round to re-evaluate our banding as I think its wrong.
Secured loan is actually an unsecured loan (!!!)
Gas and leccy are dd with swalec they have a combined deficit of £120.00 on the accounts so once they are cleared I can switch.
mobiles- oh has contract for £25.00-trying to pursuade him to go payg like me for £10pm
Haven't explored the landline yet...
Currenly jiggling cc around, think I can transfer and cancel def. 3 maybe 4 .
Also have checked benefits and am hoping I've been underpaid on ctc.
So many things to do!!!!!!!!!!!!!!!!!!!!!
Have been ebay listing in earnest though!
Thanks for the response and welcome...sea78 made me!!!!!!!!!!!!

Sea78

Well done hon - now make sure OH brings home a bottle of wine tonight - you'll need it after doing all that!!

But OMG!!! The interest rates on those cards - I didn't realise they were that high!! Soooo much to do for you

First of all though - sign up for the £10 a day challenge - if you sign up you 'll have to do it then!!

xx

Sea78

Oh, and I'm sure you'll persuade him to go PAYG - or at least get a £15 a month contract? What does he get for the £25?

rjc73

Cheers hon,
I just checked and I can tranfer the 3 highest rates onto the alliance and leicester card, thus saving approx £80 pm
Hurrah! also 6 cards instead of 9!!

Sea78

Woohoo!!! Fabulous!! Amazing savings already

Sure there'll be more comments later