Climbing the Financial Disclosure Mountain
8th May 2017
Worried this week about how on earth I’m going to complete Form E – my financial disclosure statement. Marilyn has stressed its’ importance and that I need to take the time to do it properly as it’s the basis of how we split our finances and agree maintenance. I just need to get stuck into it – rather like getting started on an essay! Fortunately, finding the paperwork was straightforward as I’ve been managing utility bills and paying for the children’s activities for a while now. But I need time to think about what I spend money on – and think about future expenses too.
This form, Form E, is a mammoth 27-page document that captures every financial detail of my life – from how much I spend on a haircut or Lottie’s ballet lessons, right through to the water and gas bills, and holidays. It lists all my assets, savings, life insurance policies, and personal belongings worth more than £500. Luckily, many of the pages don’t apply to me as I’m employed and my assets are few but it’s going to take time to complete, particularly section 3 where I list all of my outgoings. Thank goodness for Marilyn’s prompt sheet.
Time to find some childcare and a strong cup of coffee!