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Average spend expected by creditors per household
Gracey23
Posts: 21 Forumite
Hello. I'm currently paying off a few debts and am looking to submit a payment review to my creditors soon. Does anyone know where I can get information on what they would expect to see in terms of average spend for my household in 2024? Prices have changed and seem incredibly unstable in so many areas so I'm really not even sure what I should safely commit to each month. I don't want to underestimate a cost and then not be able to pay my creditors. Any advice? Thank you 
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Comments
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If you are running the DMP yourself you don't need to submit details of your expenditure, you just pay them what you want and they have 2 choices accept it or not.If you go down to the woods today you better not go alone.1
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Honestly I would not bother myself with any of that, your budget is no ones business but your own.I’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-letter1
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I agree with the above comments, work out a sustainable budget that suits you, and then just tell them what they'll be getting1
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Thank you for the helpful comments. It's appreciated 0
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