Income & Expenditure

Overview

Creditors and will want to see a breakdown of of your income and expenditure and a debt adviser needs to assess it to identify your most appropriate debt options. It can seem quite a challenge at first and you may see several versions of your budget during the debt advice process.

This section explains where you should start and how a debt adviser works with your budget.

Why are budgets important in Debt Advice?


Start with your own budget


Help with calculations


What is a Standard Financial Statement (SFS)?


Income Maximisation & Budgeting Advice


Different types of budget


Money Advice Hub is authorised and regulated by the Financial Conduct Authority FRN: 631799. A not for profit community interest company registered as Debt & Money Advice Support CIC (9203918 ) in England & Wales, limited by guarantee. Registered office address: Money Advice Hub, King's Lynn Innovation Centre, Innovation Way, King's Lynn, Norfolk PE30 5BY.
☎ 0333 305 7648* - Calls are at local rates* 📩 admin@moneyadvicehub.org.uk