Budgeting - your liabilities

Now list all your debts and outstanding bills. If you have more than one credit or store card, list them all separately. For every item of debt on this list, show the total amount outstanding, the APR % of each loan arrangement, your chosen method of repayment, and where relevant, the number of months left to repay the loan.

• Your mortgage
• Second mortgage & any other charges against your home
• Bank loans (unsecured)
• Bank overdraft
• Credit cards - list all with current balance & APR%
• Store cards - list all with current balance & APR%
• Car loan (unsecured)
• Private loans from family or friends
• Mail order catalogue accounts
• Shopping voucher accounts
• Credit accounts with clubs, pubs, associations
• All currently due domestic bills

You now need to record all your expenses so go to the Budgeting your expenses checklist.

Want to check what you've listed so far:

Budgeting your income

Budgeting your assets

Click here to print this page