B is for Budget

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Here are just a few of our financial management tips …

  • Decide how much you can put aside ​

The first thing you need to do is look at your income and what you spend each month and decide - realistically - how much you can save each month after living expenses and outstanding debt.

  • Review how you are spending your money

There are lots of savings to being made by examining where your money goes – and that includes those lattes and take away dinners. Freeing up extra cash allows you to save more for that rainy day.

  • Start saving early

Get into the habit of saving from your first job. Even with high rents and other outgoings, set aside a small percentage of your take home pay, and increase it as your salary rises. You’ll be amazed how much you can save even in those early years.

  • Plan for your financial future

Think what you might need your savings for and any short, medium and long-term goals. Have you got your heart set on a dream holiday or car? Or are you saving for a deposit on your first home?

  • Shop around

Don’t be afraid to shop around for the best savings plan and interests rates that suit you. It’s easy to switch your current account to a different bank if it means you can avoid bank charges or earn more interest.

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is for Goal Setting

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is for Tips to help your budget

Tips to Help you Budget