BudgetBook

Settlement Summary

June 2026

How the monthly settlement of £303.25 is calculated — full payment breakdown for Lee and Shelley

Monthly Settlement Amount

£303.25

Shelley pays Lee every month

Lee's net total

£2071.12

Shelley's net total

£1278.25

Settlement Calculation

Step-by-step derivation of the £303.25 monthly payment

1

Total Shared Costs

All shared household expenses combined

£2556.50
2

Shelley's Share (50%)

Shared costs divided equally between Lee and Shelley

÷ 2£1278.25
3

Less: Shelley Paid Directly

Shared costs paid directly by Shelley (£400.00)

− £400.00
4

Less: Shelley Paid Lee's Personal Items

Lee's personal items funded by Shelley (£575.00)

− £575.00

Net Settlement — Shelley Pays Lee

The remaining amount Shelley owes Lee each month

=£303.25
L

Lee

Budget owner

Net monthly

£2071.12

Pays toward shared costs

Total shared minus what Shelley paid directly

£2156.50

Self-funded personal expenses

Personal items paid by Lee himself

£217.87
Gross payments made£2374.37

Receives from Shelley

Monthly net settlement payment

+£303.25
Lee's Net Monthly Cost£2071.12
S

Shelley

Co-household member

Net monthly

£1278.25

Pays shared costs directly

Shared items paid directly by Shelley

£400.00

Pays Lee's personal items

Lee's personal items funded by Shelley

£575.00
Payments made before settlement£975.00

Net cash settlement to Lee

Remaining balance after offsetting direct payments

£303.25
Shelley's Net Monthly Cost£1278.25

What Shelley Pays — Full Breakdown

Direct payments + Lee's personal items she funds

ItemTypeAmountReason
Shared Costs — Paid Directly
Breakfast ClubShared£100.00Counts toward her half of shared
Grocery ShoppingShared£300.00Counts toward her half of shared
Subtotal — Shared Direct£400.00
Lee's Personal Items — Funded by Shelley
Car InsurancePersonal£75.00Offsets amount owed to Lee
Car PaymentPersonal£500.00Offsets amount owed to Lee
Subtotal — Lee's Personal£575.00
Net Cash Settlement
Cash payment to LeeSettlement£303.25Remaining balance owed
Shelley's Total Monthly Outgoing£1278.25

How the settlement works: Shelley's half of shared costs is £1278.25. She pays £400.00 directly and £575.00 of Lee's personal items. That accounts for £975.00, leaving £303.25 still owed to Lee as a direct cash payment. Shelley's total outgoing is therefore £1278.25 per month.