money


YOUTH
ENQUIRY
SERVICE

MONEY

Whatever money you have to live on, the chances are it never goes far enough. If that sounds like you, it might help to work out a budget plan of what your income is and what you spend.

INCOMEEXPENDITURE
WagesBenefitsGrantsOther Income Housing costs
 Rent/mortgage
 Council tax
 Water/sewerage
 Regular bills
 Insurance
Housekeeping
 Food
 Phone
 TV Licence, rental
 Papers, magazines
 Launderette
 Cleaning
 Personal items
Other
 Entertainment
 Cigarettes, alcohol
 Sweets/snacks
 Clothes
 Travel
 Christmas/birthdays
 Loan repayments
 Miscellaneous
 
Total  Total  

If your income is more than your expenditure, then what’s left over is for you to spend as you like, or to put aside towards a holiday or unexpected expenses.

If your expenditure is more than your income you need to take action. Money problems don’t go away if you ignore them, they just get worse. Get help from CAB or YES who will be able to suggest ways you can budget better. See money problems.