Home and garden maintenance.
Including gas, electricity, water, phone, internet and TV.
Including toiletries and alcohol.
Including dental, eye care, prescriptions and medicines.
Including socialising and eating out.
Including home, car, life, and travel insurance.
Including car finance.
Including MOTs and servicing.
Including vet bills.
Including pension contributions and ISAs. Remember, some contributions may have already been accounted for when confirming income after deductions.
Check payslips or P60s for the amount after tax and all deductions.
Check payslips, statements or P60s for the amount after tax and all deductions.
Remember the tax on the state pension may be being paid from other income.
This is your profit less tax.