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    Personal Survival Budget

    Uploaded by

    RHODRICK ANYERE
    This document is a personal survival budget template for tracking an individual's personal monthly and yearly income versus expenses. It includes sections to list expenses like rent, utilities, transportation, food, and discretionary spending, as well as income sources like employment, benefits, and savings. The notes provide guidance on completing the form, such as only including personal costs and reviewing bank statements to accurately estimate typical spending.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Personal Survival Budget

    Uploaded by

    RHODRICK ANYERE
    57 views13 pages
    This document is a personal survival budget template for tracking an individual's personal monthly and yearly income versus expenses. It includes sections to list expenses like rent, utilities, transportation, food, and discretionary spending, as well as income sources like employment, benefits, and savings. The notes provide guidance on completing the form, such as only including personal costs and reviewing bank statements to accurately estimate typical spending.

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    4. Personal Survival Budget.xlsx

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    This document is a personal survival budget template for tracking an individual's personal monthly and yearly income versus expenses. It includes sections to list expenses like rent, utilities, transportation, food, and discretionary spending, as well as income sources like employment, benefits, and savings. The notes provide guidance on completing the form, such as only including personal costs and reviewing bank statements to accurately estimate typical spending.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    57 views13 pages

    Personal Survival Budget

    Uploaded by

    RHODRICK ANYERE
    This document is a personal survival budget template for tracking an individual's personal monthly and yearly income versus expenses. It includes sections to list expenses like rent, utilities, transportation, food, and discretionary spending, as well as income sources like employment, benefits, and savings. The notes provide guidance on completing the form, such as only including personal costs and reviewing bank statements to accurately estimate typical spending.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 13

    PERSONAL SURVIVAL BUDGET

    PERSONAL EXPENSES Monthly £ Yearly £


    Rent / Mortgage £0.00
    Council Tax £0.00
    Electricity / Gas £0.00
    Water £0.00
    TV Licence £0.00
    Personal and Property Insurance £0.00
    Personal Loan Repayments £0.00
    Debt Collection Agency Payments £0.00
    Credit Card Repayments £0.00

    Mobile Phone and Internet £0.00


    Public Transport Fares / Travelcard £0.00
    Hire Purchase Repayments (car, furniture etc) £0.00
    Car Tax & Insurance £0.00
    Car Maintenance / Running Expenses (inc fuel) £0.00
    £0.00
    Entertainment & Holidays £0.00
    Subscriptions £0.00
    Food £0.00
    Housekeeping £0.00
    Clothing £0.00
    £0.00
    Children Expenditure £0.00
    £0.00
    Contingency £0.00
    Money put into Savings £0.00
    Miscellaneous Expenses £0.00
    Other Expenses [please specify] £0.00

    Other Expenses [please specify] £0.00


    Total Expenses £0.00 £0.00

    PERSONAL INCOME Monthly £ Yearly £


    Continuing Job or Part Time Job £0.00
    Benefits £0.00
    Use of Personal Savings £0.00
    Other income £0.00

    Total Income £0.00 £0.00

    INCOME NEEDED TO SURVIVE £0.00 £0.00

    PLEASE ADD ANY OTHER USEFUL NOTES BELOW


    The Personal Survival Budget works out the amount you nee
    expenses are greater than your personal income, your busin

    Notes

    INSTRUCTIONS FOR COMPLETING:

    - These are your personal income and costs and should not incl

    - Only include costs you are responsible for, do not include anyt

    - Input any comments or assumptions you have made in the no

    - Individual living costs vary, so start by thinking through all inc


    see how much you normally spend, in order to accurately build

    - If you are receiving housing or council tax benefits you should


    lose these or have them reduced.

    - If you are planning to have another job while running your bus

    Notes
    orks out the amount you need from your business to live and whether you can afford to take on a Start Up Loan. If your personal
    personal income, your business will need to cover these expenses.

    G:

    and costs and should not include any income/costs from the business.

    nsible for, do not include anything paid for by a partner or other household member.

    ions you have made in the notes column.

    art by thinking through all income and costs that you will incur. You may find it helpful to review your last 3-months of bank statements to
    d, in order to accurately build your personal survival budget.

    uncil tax benefits you should put the full amount of rent and council tax payable in your survival budget as once you start trading you may

    er job while running your business, please let us know whether you currently hold this position.
    n. If your personal

    of bank statements to

    start trading you may


    PERSONAL SURVIVAL BUDGET

    PERSONAL EXPENSES Monthly £ Yearly £


    Rent / Mortgage £0.00 £0.00
    Council Tax £0.00 £0.00
    Electricity / Gas £0.00 £0.00
    Water £0.00 £0.00
    TV Licence £0.00 £0.00
    Personal and Property Insurance £0.00 £0.00
    Personal Loan Repayments £0.00 £0.00
    Debt Collection Agency Payments £0.00 £0.00
    Credit Card Repayments £0.00 £0.00

    Broadband / Landline Phone #NAME? #NAME?


    Mobile Phone £0.00 £0.00
    Public Transport Fares / Travelcard £0.00 £0.00
    Hire Purchase Repayments (car, furniture etc) £0.00 £0.00
    Car Tax & Insurance £0.00 £0.00
    Car Maintenance / Running Expenses (inc fuel) £0.00 £0.00

    Entertainment & Holidays £0.00 £0.00


    Subscriptions £0.00 £0.00
    Food £0.00 £0.00
    Housekeeping £0.00 £0.00
    Clothing £0.00 £0.00
    School & Childcare £0.00 £0.00
    Children Expenditure £0.00 £0.00

    Contingency £0.00 £0.00


    Money put into Savings £0.00 £0.00
    Miscellaneous Expenses £0.00 £0.00
    Other Expenses [please specify] £0.00 £0.00
    Other Expenses [please specify] £0.00 £0.00
    Total Expenses #NAME? #NAME?

    PERSONAL INCOME Monthly £ Yearly £


    Continuing Job or Part Time Job £0.00 £0.00
    Benefits £0.00 £0.00
    Use of Personal Savings £0.00 £0.00
    Other income £0.00 £0.00
    Total Income £0.00 £0.00

    INCOME NEEDED TO SURVIVE #NAME? #NAME?

    PSB Statement
    Notes Bank Statement Amount
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00

    #NAME?
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00

    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00
    £0.00

    £0.00
    £0.00
    £0.00
    £0.00
    £0.00

    Notes Bank Statement Amount


    PSB BA Guidance Notes

    1. Every Applicant should have this version of a PSB attached to th


    BA Notes 2. First two sections require notes added to each row even if no am
    with parents
    3. Please add the amount shown on applicants bank statements f
    transaction is called so final reviewers can see clearly where to fin
    4. A statement must be added to each PSB in the box provided, it
    applicable to the applicant:

    Returned Direct transactions


    - Any benefit payments
    - Debt Collection Agency transactions
    - Gambling
    - High Value amounts – anything out of the ordinary – this includ
    month that normally would not exist
    - Income – Is it from outside of the business or generated by the b
    being covered by income from other sources i.e. not the business
    employment (part time/full time), other business drawings/divide
    going to continue), savings (how many months would they cover)

    BA Notes
    sion of a PSB attached to their application.
    ed to each row even if no amounts are added. E.g. applicant living

    pplicants bank statements for each row. Make note of what the
    can see clearly where to find it.
    PSB in the box provided, it should cover the following points if

    of the ordinary – this includes if there is high expenditure one

    iness or generated by the business. For example if the PSB is


    ources i.e. not the business, provide more detail i.e. ongoing
    er business drawings/dividends, rental income, benefits (are they
    months would they cover).

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