Budgeting: it’s not fun, but it’s the best way to make sure you don’t get into trouble with money. Besides stopping you overspend, if you’ve got a picture of what’s going in and out, you can see if there are any places you can cut back or make savings.
The most important part of having a budget is that it puts you in charge of your money so you know what you have, and there are no nasty surprises. It’s not just a tool to stop you spending money – it can help you free up money to spend on things you will enjoy. Putting a budget together is simpler than it sounds, but it does take a little bit of effort.
Take a look at our Brilliant Budget Buster
We have also produced a follow on resource our 'Brilliant Budget Buster'. Once people have their spending under control using the diary our budgeting booklet will help keep control of monthly income and outgoings to ensure they make it through to the end of the month! It has a step by step guide on how to work out income and outgoings in a way that suits. For most people this will be monthly so we will guide the user through changing weekly, Fortnightly, Quarterly or yearly amounts into Monthly amounts.