Gordon is a health care assistant living in Belfast, earning £20,000 a year after deductions for tax, National Insurance

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Gordon is a health care assistant living in Belfast, earning
£20,000 a year after deductions for tax, National Insurance and
pension contributions. He is about to move into a flat with his
boyfriend Dale, who has a 15-year-old child, Isla. Dale is a chef
and earns £18,500 a year after tax and National Insurance. He also
receives £21.15 a week in child benefit. No-one described above has
any other source of income.
Using the Household income equivalence calculator,
calculate the annual equivalised net income of Gordon and Dale’s
new household together.
With the aid of the same calculator, comment on how their
individual living standards have changed compared to when they were
living separately.
Draw up an average monthly cash flow statement using the
expenditure information in Table 2 for Gordon and Dale in their new
shared flat.
Table 2 Expenses in new flat
Gordon and Dale want to save up to get Isla an electric
motorbike when she turns 16, and they estimate they will need
£2,000. Comment on their current financial situation and consider
potential adjustments they might make to their cash flow in order
to save the £2,000.