Managing your money (budgeting)
Help with managing your money, debt management and information about borrowing money.
It's important to keep a track of your finances so that you don't spend more than you can afford.
If you want help to keep on top of your finances, a budget is a really good way to start. This is just a record of the money you have coming in (from things like your salary or wages, pensions or benefits) and payments that you make (such as your rent or mortgage, insurance and Council Tax as well as living expenses and other regular spending).
Creating a budget allows you to work out if you have enough money to do the things you need to do or would like to do. Many people spend more than they realise.
If you don't have enough money to do everything you would like to, think about using your budget to help you decide what is most important to you.
The Money Advice Service or Citizens Advice have useful tips to help you manage your money, including a tool to help you set up your budget.
Saving money on your energy bills will help you to reduce your outgoings.
We have information on financial care planning.