ABCDEFGHIJKLMNOPQRSTUVWXYZAAABAC
1
Typical month
AprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberJanuaryFebruaryMarch
Year total
Year average
Essential expenses
2
Example figures
Example figures
Example figures
Months toExample figures
3
INCOMEaverage?
4
(Change to reflect your income)2
5
6
Salary income (post-tax)£300£300£300£600£300
7
Freelance income (pre-tax)£1,600£1,800£1,200£3,000£1,500
8
Other income (gifts, eBay etc.)£0£0
9
Benefits£80£80£80£160£80£80
10
£0
11
Total income:£1,980£2,180£1,580£0£0£0£0£0£0£0£0£0£0£3,760£1,880£80
12
13
14
SAVINGS
15
16
Freelance tax savings -£320-£360-£240-£600-£300-£150
17
Pension payments (self-invested)-£100-£100-£100-£200-£100£0
18
Other savings (ISA, emergency fund)
-£50£0£0£0
19
£0
20
Total savings:-£470-£460-£340£0£0£0£0£0£0£0£0£0£0-£800-£400-£150
21
22
23
EXPENSES
24
(Change to reflect your statements)
25
26
FIXED
27
(Recurring expenses of fixed amounts)
28
29
Rent-£500-£500-£500-£1,000-£500-£500
30
Broadband-£25-£25-£25-£50-£25-£25
31
Water-£35-£35-£35-£70-£35-£35
32
Gas/electricity-£70-£70-£70-£140-£70-£70
33
Council tax-£110-£110-£110-£220-£110-£110
34
Spotify-£10-£10-£10-£20-£10£0
35
Luxurious subscriptions-£30-£30-£30-£60-£30£0
36
Luxurious TV package-£40-£40-£40-£80-£40£0
37
Credit card repayments£0£0
38
House insurance£0£0
39
Car payments£0£0
40
Mobile phone£0£0
41
£0£0
42
£0£0
43
£0£0
44
Total fixed expenses:-£820-£820-£820£0£0£0£0£0£0£0£0£0£0-£1,640-£820-£740
45
46
VARIABLE
47
(Consider making your own categories)
48
49
Car (parking and petrol)£0£0£0£0£0£0
50
Food-£150-£150-£150-£300-£150-£150
51
Public transport-£160-£160-£160-£320-£160-£160
52
Fun money-£200-£200-£200-£400-£200£0
53
Clothes-£100-£100-£100-£200-£100£30
54
Gifts-£30-£30-£30-£60-£30£0
55
£0£0
56
Other£0£0
57
£0£0
58
Total variable expenses:-£640-£640-£640£0£0£0£0£0£0£0£0£0£0-£1,280-£640-£280
59
60
Total expenses:-£1,460-£1,460-£1,460£0£0£0£0£0£0£0£0£0£0-£2,920-£1,460-£1,020
61
62
Savings + Expenses:-£1,930-£1,920-£1,800£0£0£0£0£0£0£0£0£0£0-£3,720-£1,860-£1,170
63
64
65
WHAT'S LEFT?
66
Average cash flow =Minimum required earnings =
67
Cash flow for the month:£50£260-£220£0£0£0£0£0£0£0£0£0£0£40£20£1,090
68
Save this in your top-up fund!Save this in your top-up fund!Withdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fundWithdraw from top-up fund
69
New top-up fund balance: (Any remaining cash added to your existing savings from the previous period) £560£340£340£340£340£340£340£340£340£340£340£340
70
Enter any initial savings for top-up fund below:
71
£300
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100