Budgeting and Debt Calculator (Financial Statement)

Saving and Printing

If you want to save a copy of your calculation, click the button (at the bottom) to save in MS Word. This will open your calculation in Word, and then you can save it to your computer using "File > Save As".

Calculate monthly amounts:

Enter Weekly Amount:	£
(Weekly wage x 52) ÷ 12 = monthly amount
or
Enter Yearly Amount:	£
Yearly wage ÷ 12 = monthly amount
Monthly amount:

Click on the down the left hand side where necessary for further information and guide figures.

Household Details
Name
Partner's Name
Address
Postcode
Number of people in my household
Adults
Adults Only include yourself and your partner here.
Children (Under 16)
Children (Aged 16-18)
Non-dependants / Other
Non-dependants / Other Include any other people over the age of 18 year (children, relatives, etc.) but not your partner

1) Income	Monthly
Wages / Salary	£
Wages / Salary (Partner)	£
Income Support / JSA	£
Child Tax Credits	£
Working Tax Credits	£
Child Benefit	£
Pension 1	£
Pension 2	£
DLA (Care) / PIP (Daily Living)	£
DLA / PIP (Mobility)	£
Attendance Allowance	£
Child Maintenance	£
Non-Dependant Contributions	£
	£
Total Income	0.00

All boxes should have a number in them, please check that none of them contain letters or other symbols before you continue.

2) Outgoings	Monthly
Mortgage(s)	£
Secured Loan(s)	£
Rent	£
Board/Lodgings	£
Council Tax	£
Food / Housekeeping	£
Single Person (Up to approx £300) Couple (Up to approx £505) Each Child (Under 16 Up to approx £82, 16+ £145 approx)
DLA Care Costs	£
These benefits should normally be used for care and mobility costs
DLA Mobility Costs	£
These benefits should normally be used for care and mobility costs
Attendance Allowance Costs	£
These benefits should normally be used for care and mobility costs
Electricity	£
Usage
Gas	£
Usage
Other Fuel	£
Usage eg. Coal / Oil
Water	£
TV Licence / Rental	£
Hire Purchase / Conditional Loan	£
Maintenance Payments	£
Clothing	£
Each person (Up to approx £40)
Telephone	£
Up to approx £34 (single person) Up to approx £15 (additional adult) Children under 16 (Up to approx £6) Children 16-18 (Up to approx £10)
Travel / Car Costs / Petrol	£
Include all costs - petrol, repairs, tax, insurance, MOT, bus & train fares including school travel (these figures can vary depending on circumstances) Up to approx £80 (first adult) Up to approx £70 (additional adults) Up to approx £28 (children under 16 yrs) Up to approx £48 (children aged 16 to 18 yrs) Up to approx £170 (per vehicle)
School Meals	£
Insurances	£
Include Home, Life etc but don't repeat Car (see travel above)
Health Costs / Prescriptions	£
Include extra costs if you have special needs (eg: Diet and bedding)
Childminding	£
	£
Remember Depending on your circumstances (eg. low/benefit income), your outgoings may be different from our guidelines and you may have extra expenses for emergencies, pets etc. Please take this into account. Don't leave yourself short, as this may lead to difficulties in the future.
Total Outgoings	0

All boxes should have a number in them, please check that none of them contain letters or other symbols before you continue.

3) Money for Creditors	Monthly
Total Income	0
Total Outgoings	0
Money for Creditors	0

4) Priority Debts	Arrears	Monthly Payments
	£	£
Total Priority debts repayment		0

All boxes should have a number in them, please check that none of them contain letters or other symbols before you continue.

5) Money for Non-Priority Debts	Monthly
Money For Creditors	0
- Total Priority Debts Repayment	0
Money for Non-Priority Debts	0

6) Non-Priority Debts	Balance	Offer of Repayment
	£	0
Totals	0	0

This is an accurate record of my financial position at 26/04/2024

Signed ......................................................................................

What do I do next? Save your Financial Statement in MS Word

All boxes should have a number in them, please check that none of them contain letters or other symbols before you continue.

Budgeting and Debt Calculator (Financial Statement)

Saving and Printing

Calculate monthly amounts:

Household Details

1) Income

2) Outgoings

3) Money for Creditors

4) Priority Debts

5) Money for Non-Priority Debts

6) Non-Priority Debts