True Affordability is an accurate representation of the income you earn and how you spend your money, over recent times. It has enough categorisation to break down the different areas of your spending and costs, to identify areas where you can make changes to incorporate your future plans. 

Once you know your True Affordability, you can then plan with confidence knowing that you can afford what ever is in your future - that is is being able to afford the loan for the thing you want, your first home, having a baby, studying, change jobs, retiring early, starting a business… basically any change in your life.

This is as opposed to False Affordability, or a made-up budget version of how you spend your money or would like to spend your money.

It is actually very hard to determine how someone spends their money accurately, and there is no one method that will give you the magic result. The True Affordability methodology brings together different elements and data. Then we review this against our knowledge of typical spending figures, to give a robust income and expenses assessment.

If you want to know more about how True Affordability can help you, or your business, please contact us.