I’d like to do a budget plan as we have had several changes in circumstances. However, I tend to have a problem with significantly underestimating my average expenses, I’ve tried to find an IVA expense allowance and found a link someone posted on her from mcduffy but that was from 2014, any chance anyone knows of an up to date one please?
Things like a couple can budget £250 for food, each dependent can budget £71 for food etc.....just so I can work out an average please.
These expenditure guides are very hard to get hold of ( the last I have found was from 2015 ). They are not published purely to stop people working out averages, or maxima. A statement of your outgoings should be based on exactly what you actually spend. Do not estimate --- look at statements and / or keep notes over the next few weeks.
The figures in your 2014 version are probably not far off, as they do not tend to increase these things, even in line with inflation, as they are merely guidelines.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk