Julies SOA as a single mother looking for a job

icklejulez

Any advice would be gratefull im in this mess at the mo, just had to give my job up 4 weeks ago working nights as i no longer have childcare for my two kids(4 and 2) and my husband rarely visits his kids and to be honest is nearly 2 months away from paying me no maintenance... I have a boyfriend at the moment who has offered to help in the short term as there is no reason why i should not be able to find work during the day in the next few months(min pay though) but i would rather go as far as possible without his help as its still early days(4 months) and i dont believe either one of us should be in the position at such an early stage to owe money to the other...

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 626
Other income............................ 260
Total monthly income.................... 886

Monthly Expense Details
Mortgage................................ 441
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 135
Electricity............................. 80
Gas..................................... 50
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 23
Mobile phone............................ 50
TV Licence.............................. 15
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 40
Clothing................................ 20
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 30
Childcare/nursery....................... 42
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 986

Assets
Cash.................................... 0
House value (Gross)..................... 110000
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 110000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 97500....(441)......6.09
Total secured debts........... 97500.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
credit card....................434.......20........5.9
loan to mil....................15000.....0.........0
Total unsecured debts..........15434.....20........-

Monthly Budget Summary
Total monthly income.................... 886
Expenses (including secured debts)....... 986
Available for debt repayments........... -100
Monthly UNsecured debt repayments....... 20
Surplus(deficit if negative)............ -120

Personal Balance Sheet Summary
Total assets (things you own)........... 110,000
Total Secured debt...................... -97,500
Total Unsecured debt.................... -15,434
Net Assets.............................. -2,934

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

icklejulez

PS my gas and council tax are so high as i have arreas from the last few months. I am now trying to get on top of them and have phoned them.

bank_of_slate

icklejulez wrote: »

Any advice would be gratefull im in this mess at the mo, just had to give my job up 4 weeks ago working nights as i no longer have childcare for my two kids(4 and 2) and my husband rarely visits his kids and to be honest is nearly 2 months away from paying me no maintenance... I have a boyfriend at the moment who has offered to help in the short term as there is no reason why i should not be able to find work during the day in the next few months(min pay though) but i would rather go as far as possible without his help as its still early days(4 months) and i dont believe either one of us should be in the position at such an early stage to owe money to the other...

Statement of Affairs and Personal Balance Sheet

Monthly Income Details
Monthly income after tax................ 0
Partners monthly income after tax....... 0
Benefits................................ 626
Other income............................ 260
Total monthly income.................... 886

Monthly Expense Details
Mortgage................................ 441 This is a high proportion of your incomings! Can you afford to stay there if huby won't pay anything?
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 135
Electricity............................. 80 Also high! due to arrears? if not look for a better deal
Gas..................................... 50
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 23
Mobile phone............................ 50 negotiate a better deal!
TV Licence.............................. 15
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 40 Is this per week?
Clothing................................ 20
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 30 Is this bus/train fairs?
Childcare/nursery....................... 42
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 986

Assets
Cash.................................... 0
House value (Gross)..................... 110000
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 110000

Secured Debts
Description....................Debt......Monthly...APR
Mortgage...................... 97500....(441)......6.09
Total secured debts........... 97500.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
credit card....................434.......20........5.9
loan to mil....................15000.....0.........0
Total unsecured debts..........15434.....20........-

Monthly Budget Summary
Total monthly income.................... 886
Expenses (including secured debts)....... 986
Available for debt repayments........... -100
Monthly UNsecured debt repayments....... 20
Surplus(deficit if negative)............ -120

Personal Balance Sheet Summary
Total assets (things you own)........... 110,000
Total Secured debt...................... -97,500
Total Unsecured debt.................... -15,434
Net Assets.............................. -2,934

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

Hi and welcome, you've come to the right place for support!
keep posting for advice.
...Linda xx

Singsalsing

Congratulations on taking your first step.
I'm a newbie myself so I'm still learning.

I know you said your council tax is high due to arrears but are you claiming single person discount?
Little things help a lot, how about sorting out all your kids old toys and clothes and selling on ebay or similar.
There are lots of people here who can give much better advice than me as I'm still learning myself. You will receive loads or advice and support on this site - It's the best!


Good luck. Keep your chin up.

completelyspent

Are you on a water metre? It might be worth having a chat with your water company about that as even with two children you could save a bit.
Your mobile bill is very high-PAYG would save you a lot. Also sign up to Quidco, survey sites to start saving bits and bobs for Christmas.

sidnee

- Mobile - you should be able to knock at least £30 off this.
- Council Tax - single person discount?
- Internet - do you pay for this?
- Are you definitely claiming for everything you are entitled to benefit-wise?
- Can you put a bit of pressure on your (ex?) OH for at least a bit of maintenance?
- You could look at Quidco/pigsback/surveys/mystery shopping etc for short term money, also think about eBaying anything you don't use (CD's/DVD's etc)

Keep it up lady... you aren't in a bad a position as you think.

Cleosmum

Are you on income support? You should get all your council tax paid by CT benefit, make sure you apply. If you have already applied and £135 is the montlhy amount for arrears then get on to them asap and offer much much less. I have CT arrears and currently pay [strike]£20 pm (they agreed on £12.50 but I have chosen to overpay it).[/strike] EDIT: Sorry, will blame my hayfever and sinusitus (with lack of sleep) for my error I am supposed to pay £12.50 a WEEK but choose to pay £20 a WEEK doh! Just re read it and thought blimey thats not much?! Sorry

icklejulez

Singsalsing wrote: »

Congratulations on taking your first step.
I'm a newbie myself so I'm still learning.

I know you said your council tax is high due to arrears but are you claiming single person discount?
Little things help a lot, how about sorting out all your kids old toys and clothes and selling on ebay or similar.
There are lots of people here who can give much better advice than me as I'm still learning myself. You will receive loads or advice and support on this site - It's the best!


Good luck. Keep your chin up.

Hi im afraid im not a newbie as me and my hubby had debts but luckily he's taken them on its about the only thing he does do... but now im in this boat all alone and dont want to go back there.

My council Tax is £82 approx a month as a single person for the rest of this year but at the moment i have a final demand for £620ish from last may to this april. My ex also owed them £359 as well on top of this but ive passed on his details and that is his debt. Im hoping ill have a job soon and would rather try and overpay i dont want to be tied into this house with debts in 12 months time.

The ebay thing im already on to lol, had to do it for past 4 weeks just to give us some cash, running out of things to sell...

icklejulez

completelyspent wrote: »

Are you on a water metre? It might be worth having a chat with your water company about that as even with two children you could save a bit.
Your mobile bill is very high-PAYG would save you a lot. Also sign up to Quidco, survey sites to start saving bits and bobs for Christmas.

Yes i never thought of the water meter, i never really recieved much correspondance from my water company so never really knew much about it bu ti do know i have a statement somewhere so may give them a ring.

Mobile bil is based at this figure as i currently owe £192 pus i have a £35 contract till October and i am cancelling it this week so i will be offering them £50 a month to pay them back what i owe and the money ill owe up till october. I will however use pay as you go in the meantime and hopefully bills wont be as high. I got silly high bills when my ex left me and i was lonely texting my friends and then when me and my boyfriend(old friend) got talking through texts. But now it shouldnt be as bad we are together all weekend and he visits in an evening.

icklejulez

sidnee wrote: »

- Mobile - you should be able to knock at least £30 off this.
- Council Tax - single person discount?
- Internet - do you pay for this?
- Are you definitely claiming for everything you are entitled to benefit-wise?
- Can you put a bit of pressure on your (ex?) OH for at least a bit of maintenance?
- You could look at Quidco/pigsback/surveys/mystery shopping etc for short term money, also think about eBaying anything you don't use (CD's/DVD's etc)

Keep it up lady... you aren't in a bad a position as you think.

I know im not in a bad position just yet but have been previously in debt and dont want to go back down that route...

Council tax ive just mentioned i have single person but have over £500in arreas...
Mobile i owe them and am cancelling my contract so need to offer them £50 a month.
Internet im with talk talk landline its classed as free internet.
My ex is a self obsessed selfish waste of space who i cant understand how i married. He doesn not seem at all bothered that its his kids home he is affecting.
Quidco i do but as i already have the big things like life insurance etc its only pennies really...

icklejulez

Cleosmum wrote: »

Are you on income support? You should get all your council tax paid by CT benefit, make sure you apply. If you have already applied and £135 is the montlhy amount for arrears then get on to them asap and offer much much less. I have CT arrears and currently pay [strike]£20 pm (they agreed on £12.50 but I have chosen to overpay it).[/strike] EDIT: Sorry, will blame my hayfever and sinusitus (with lack of sleep) for my error I am supposed to pay £12.50 a WEEK but choose to pay £20 a WEEK doh! Just re read it and thought blimey thats not much?! Sorry

I am not on income support as i have only been out of work 4 weeks and it was very unexpected. I quit the job too as i couldnt get childcare in an evening so i presume i wont get income support. I applied online today for jobseekers allowance and they said they'd phone me in next 2 days (fongers crossed).

lol. I will be over paying by £50 a month so its not too bad i presume on the face of it. Means my debt will be paid back to them this financial year. Of course it would help loads if i had a job!!!