How you Spend your money

[Dominic]

If you ahve surplsu cash adn you spend it how you se fit is this taken into account when the review is carried out?

And i mean only spent if you can afford to that is.

[iva experts]

Hi Dominic,

Do you mean surplus cash as in your 50% of overtime etc? If so that money is yours to do what you like with it and I dont believe you will be asked to give an account for it at your review.


Best Regards,
IVA Experts
http://www.iva-experts.co.uk/

[Dominic]

ok thanks, its not overtime, its at the ned of the month i gnerally have £300 left the day before payday in my account, which i see as a contingency fund if the washing machine for example blows up.

[aguise]

Hi domonic
If it is saved from expenditure or overtime 50% then it is yours. I have had a six month review and as long as the 50% they are entitled to is ther it is yours as you say for contingency and emergencys

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/