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My SOA
passatrider
Posts: 838 Forumite
[tt]
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1000
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 398
Total monthly income.................... 1398
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 252
Management charge (leasehold property).. 0
Council tax............................. 74
Electricity............................. 20
Gas..................................... 0
Oil..................................... 0
Water rates............................. 24
Telephone (land line)................... 25
Mobile phone............................ 50
TV Licence.............................. 14
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 50
Petrol/diesel........................... 280
Road tax................................ 14
Car Insurance........................... 110
Car maintenance (including MOT)......... 100
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
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................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 50
Therapy................................. 180
Total monthly expenses.................. 1473
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 10000
Other assets............................ 0
Total Assets............................ 10000
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Barclays.......................4500......100.......0
Mbna...........................2800......50........12
Barclays Business .............15000.....356.......12
Car Loan.......................18000.....356.......12
Total unsecured debts..........40300.....862.......-
Monthly Budget Summary
Total monthly income.................... 1,398
Expenses (including secured debts)....... 1,473
Available for debt repayments........... -75
Monthly UNsecured debt repayments....... 862
Surplus(deficit if negative)............ -937
Personal Balance Sheet Summary
Total assets (things you own)........... 10,000
Total Secured debt...................... -0
Total Unsecured debt.................... -40,300
Net Assets.............................. -30,300
Created using the SOA calculator at www.makesenseofcards.com. It doesn't make good reading does it? I currently work as a taxi driver doing airport runs etc but work is drying up at quite a rate at the moment. I'm wondering whether it's worth fighting to be honest as things don't look to improve in the near future. All my payments are uptodate though which is one comfort!
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 1000
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 398
Total monthly income.................... 1398
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 252
Management charge (leasehold property).. 0
Council tax............................. 74
Electricity............................. 20
Gas..................................... 0
Oil..................................... 0
Water rates............................. 24
Telephone (land line)................... 25
Mobile phone............................ 50
TV Licence.............................. 14
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 200
Clothing................................ 50
Petrol/diesel........................... 280
Road tax................................ 14
Car Insurance........................... 110
Car maintenance (including MOT)......... 100
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
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................................ 10
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 50
Therapy................................. 180
Total monthly expenses.................. 1473
Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 10000
Other assets............................ 0
Total Assets............................ 10000
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Barclays.......................4500......100.......0
Mbna...........................2800......50........12
Barclays Business .............15000.....356.......12
Car Loan.......................18000.....356.......12
Total unsecured debts..........40300.....862.......-
Monthly Budget Summary
Total monthly income.................... 1,398
Expenses (including secured debts)....... 1,473
Available for debt repayments........... -75
Monthly UNsecured debt repayments....... 862
Surplus(deficit if negative)............ -937
Personal Balance Sheet Summary
Total assets (things you own)........... 10,000
Total Secured debt...................... -0
Total Unsecured debt.................... -40,300
Net Assets.............................. -30,300
Created using the SOA calculator at www.makesenseofcards.com. It doesn't make good reading does it? I currently work as a taxi driver doing airport runs etc but work is drying up at quite a rate at the moment. I'm wondering whether it's worth fighting to be honest as things don't look to improve in the near future. All my payments are uptodate though which is one comfort!
0
Comments
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Well done for posting your SOA. However, you've used the wrong format button. Next time, use the Format for MSE button, not the format for Make Sense one.
Cheers
ClarimanAuthor of the first Stoozing FAQ on the Internet and Creator of the SOA & Snowball calculators at Lemonfool.co.uk0 -
could you explain a little of your situation
your car cost are a staggering £860 pm... more than 60% of you income
maybe worth getting a job nearer home?
your you explain the therapy of 180?0 -
I'm a taxi driver which is why my car costs are so high. I have health problems at the moment which is why I'm having therapy, however I have to pay for this myself as NHS will not provide it.0
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if your job is costing you more than 60% of your (relatively low) income then maybe you should considering looking for a different job that will leave more money for debt repayments and general living costs0
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