T&S Asset Management

Lesson 2 of 6

Measuring income and essential expenses

Every affordability check rests on two numbers: the income the borrower can count on, and the spending the household cannot avoid. Both are harder to measure than they look, especially where many people earn irregular or informal incomes.

Published 17 October 2026 Members

In this lesson

  • Which income counts
  • Check it, do not just ask
  • Irregular and informal income
  • Essential spending
  • Putting the two together