Budgeting and debt planner

Earnings

Include all types of income that you have coming and skip the ones that don't apply to you.

Benefits & Tax Credits

Select which benefits your get from the dropdown below and keep adding benefits that apply to you.

Other Income

Include any other income you receive.

Income For Children

Include all income that you receive for your children and skip the ones that don't apply to you.

You now need to list all the regular essential things you spend your money on.

List all the bills and expenses that you have to pay i.e., rent, council tax gas, electricity etc. You also need to list all the things you buy on a day-to-day basis like food, cleaning materials, pocket money for the kids etc. Remember to list everything, if you’re not sure, try keeping a spending diary for a couple of weeks and / or check bank statements.

Housing

Household Bills

Travel

Children’s Expenses

It will be easier if you have all your information ready to hand reagding debts. For example If you have letters, texts, emails.Once you have all your information use the box below to list all your debts. Debts are split into priority and non-priority debts.

Priority debts are ones that have serious consequences if you don’t pay them i.e. if you don’t pay your rent you could be evicted.

Priority Debts

List any repayment plans you currently have with creditors below.

Non-Priority Debts

The non-priority debts you provide below will be used for proportional calculations on your results page. Keep in mind that these calculations are just a guide to assist your decision-making on potential monthly payments.