The first thing we are going to do is complete an income and expenditure form,

This will allow us to very quickly and easily identify how your income copes with your expenditure i.e. all the money you need to spend each month to live.

Before we start it would be useful for you to gather as much information as possible, your last three months bank statements, all of your monthly bills such as food, fuel etc each week. In short if you are spending it you will need to know how much and how often.

Once you have gathered all of this information you can start to complete the income and expenditure form. You can use the form we have provided by clicking here if you wish.

Before we move on to the next stage it is important that you now reflect upon the Income and Expenditure form you have just completed

It is absolutely essential that you are happy that all the details needed are included on the form; there is nothing to be gained by excluding any part of your regular expenditure.

Failure to be honest with yourself at this point will only serve to prolong any problems you now have. Once you are satisfied that all the information you have gathered is correct you can be assured that you are now set on the road to gaining control of your finances, one immediate benefit will be your ability to sleep better tonight knowing that you are about to regain control of YOUR money.

Once you have completed your form you need to match it up to one of the examples we have completed bellow, for example if your form matches our example A then follow the plan for that example, and so on for example B & C.

next page: Example A

Example B

Example C

Example D

Creating disposable income

Managing your creditors