A sudden drop in household income caused by a job loss or reduction in hours at work can create financial difficulties for anyone.

Likewise, any increase in your household outgoings such as your mortgage payments or utility bills can soon make your debts unmanageable.

The starting point for any debt solution is to work out your disposable income (your total household income minus your living costs). If the total of your credit repayments is greater than your disposable income, we can help by making your credit payments fit within your budget.

To work out your disposable income please complete the budget calculator below. It may be useful to check through your bank statement whilst doing this.

Disposable Income Calculator:

Income & Expenditure Calculator

Debt Information

All debt excluding mortgage

Income (Monthly)

Total Monthly Income: £0.00

Expenditure (Monthly)

Include loan and credit card repayments, car finance, home, car and life insurance
Include gas, electricity and water payments
Include Sky/Virgin, TV licence, broadband, Netflix, Disney+, Amazon Prime
Include fuel and parking, public transport, tax insurance, MOT, maintenance, breakdown cover
Include food, toiletries, clothing and footwear for you and the family
Include hobbies, leisure activities, gym memberships, meals and nights out
Smoking, haircuts, household maintenance, church and charity
Total Monthly Expenditure: £0.00

To discover more about how to manage your debt and to receive free debt advice, you can visit www.moneyhelper.org.uk.

To discover more about how to manage your debt and to receive free debt advice, you can visit www.moneyhelper.org.uk.