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Help with calculation please...

  • belfastblitz
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04 Oct 07 #4293 by belfastblitz
Topic started by belfastblitz
I have been trying to get some figures from the calculator with no success so any help would be appreciated

X2b earns 1300/month net. I earn 2500/month net.

Marriage lasted 8 years and we have 2 kids.

I currently pay 160/month CSA and 400/month in school fees.

Calculator tells me that one I total up my essential outgoings (1570/month) EVERY PENNY of the excess should go to ex... can this be right?

I expect a pay increase next year and I put my net earnings up by 500/month and once again every penny went on the AP amount.

Surely a mistake?

  • Fiona
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04 Oct 07 #4299 by Fiona
Reply from Fiona
:ohmy:I agree that does sound excessive and I hope it didn't keep you awake last night. Bear in mind the calculator is only a beta version.

  • DownButNotOut
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04 Oct 07 #4304 by DownButNotOut
Reply from DownButNotOut
What did you enter as her essential outgoings??

My understanding is that the calc covers first everyones essential outgoings.....then starts to share out the excess.

So she would only get every penny if she had essential outgoings of 2,200 or more.

(as you need 1570 just for you...perhaps she does need 2,200 for her and 2 kids)

Is she left with a big mortgage to service?
Big house to pay bills and council tax on??

You need to apply some common sense when using the calc.

This kind of output may indicate that unless you improve your earnings....you both need to reduce your essential outgoings.

Try trimming down her essential outgoings budget and see if that changes the output.

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