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reasonable amounts
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tiredmum2
Posts: 285 Forumite
Is there anywhere that i can find reasonable amounts for food etc that are acceptable for my interview with pay plan
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Is there anywhere that i can find reasonable amounts for food etc that are acceptable for my interview with pay plan
What debt solution are you looking at ?
Stepchange have a debt remedy tool on there website which gives you there recommended monthly amounts.
https://m.stepchange.orgI’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Hi
Think about how much you realistically need for a sustainable budget and use those figures. If Payplan think they’re too high they’ll let you know.
James
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
A few years back First Direct told me that they would expect someone to spend £40 a week on food per person. This was when I was arranging an agreement with them. Allowing for inflation this would be about £45 now.Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.0
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There are industry 'figures' but these are not published. What I would say is be honest and put the figure you think - they will tell you if its too high. This goes for everything . Remember that although you may spend £40 per week you may spend £100 one week in 6 months or whatever to replenish 'stocks' like tinned foods spices etc. all this needs to be budgeted for. All I will say is for one person £45 is no where near excessive if that's what you spend.
its all about your income as someone on benefits wouldn't have the £45 per week disposable for food whilst someone working may have. I am a full time Benefit and Money Adviser for a leading non profit charity and I LOVE my job
Comments posted on this forum do not reflect the views of my employer
Please note forum police I suffer from dyslexia so my spelling and grammar can be dreadful- sorry but I cant help it!0
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