Help me

Clariman

Hi there

Well done for creating your SOA. However, you used the wrong Format option for MSE. You used the Format for Motley Fool rather than MSE. Here is is reformatted.

Good luck


Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 1250
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1250

Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 486
Management charge (leasehold flat)...... 56
Council tax............................. 92
Electricity............................. 110
Gas..................................... 0
Oil..................................... 0
Water rates............................. 11
Telephone (land line)................... 0
Mobile phone............................ 50
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 220
Clothing................................ 30
Petrol/diesel........................... 200
Road tax................................ 10
Car Insurance........................... 40
Car maintenance (including MOT)......... 10
Car parking............................. 27.5
Other travel............................ 11
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 7
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 8
Life assurance ......................... 43
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 30
Total monthly expenses.................. 1488.5

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 4000
Other assets............................ 0
Total Assets............................ 4000

No Secured Debt

Unsecured Debts
Description....................Debt......Monthly. ..APR
loan...........................6000......175..... ..0
Finance........................4000......156..... ..0
credti cards...................3300......150.......0
Total unsecured debts..........13300.....481.......-

Monthly Budget Summary
Total monthly income.................... 1,250
Expenses (including secured debts)....... 1,488.5
Available for debt repayments........... -238.5
Monthly UNsecured debt repayments....... 481
Surplus(deficit if negative)............ -719.5

Personal Balance Sheet Summary
Total assets (things you own)........... 4,000
Total Secured debt...................... -0
Total Unsecured debt.................... -13,300
Personal net worth...................... -9,300

Created using the SOA calculator at www.makesenseofcards.com