Income

On this page you will need to enter the details of your household income. By income we mean any money that is earned or received.

You should not include any savings, as these should be used as lump sum payments to reduce your overall debts. Instead, you will be asked to supply figures relating to the following areas:

• Wages and salary
• Any benefits that you are receiving, including the basic state pension
• Any income you receive from an occupational or personal pension
• Child Support payments
• Any Non-dependent contributions (contributions that you receive from someone who lives in your home, but who is not your partner), e.g. a grown-up child or an elderly relative
• Any other income you receive from a lodger, etc

If something is listed, but it does not apply to your personal situation, just move onto the next item in the list until one does apply, or you come to the end of the list.

If you receive an income from something, but it is not listed, there are blank spaces at the end for you to add these details.

When completing your budget, you should:

• Use either weekly or monthly figures – but not both!
• If you need to convert a weekly payment to a monthly amount, multiply the payment by 52 and divide this figure by 12 - (weekly x 52) ÷ 12
• If you need to convert a monthly payment to a weekly amount, multiply the payment by 12 and divide this figure by 52 - (monthly x 12) ÷ 52.
• To ensure that your figures are right, use any wage-slips, statements, or bills that you have and copy your numbers from them.
• Once you are sure that all of your figures have been entered correctly, click on the ‘CALCULATE’ button, and all of the maths will be done for you.
• Click on the ‘PRINT’ button at any time to print the page.