Income minus expenses gives you your disposable income ..... this is the IVA payment.
You are allowed a frugal amount for "entertainment" (mine was £20, 7 years ago). Christmas and Birthdays you have to save from from agreed allowances ... holidays will be "Sun" £9.50 specials for a while and the home will have to go without. It sounds pretty awwful, but, when I set my IVA up I was left with more "in my pocket" each month than when I was trying to keep up with credit card bills.
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