Read more about the article What are the steps to budgeting?
Swear Jar Full by Scott Maxworthy

What are the steps to budgeting?

There are 4 steps to successful budgeting: fill in a budget sheet of all your incomings and outgoings, calculate your total incomings and outgoings, take action to change it if you need to, and regularly revise it.

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Read more about the article How will having a budget help me?
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How will having a budget help me?

Budgeting will help you keep track of money going out, avoid spending money that you don’t have, deal with debt by planning repayments in a way that you can manage, work out how much (if any) money you can save, and decide whether you can afford to buy something that you would like.

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Read more about the article What is a budget?
Spread of mixed notes by Bank of England

What is a budget?

A budget is a plan detailing how you spend, based on how much money you have coming in and how much you need to pay out. This means looking at your income (the money you are receiving) and your outgoings (the money you are spending), and making sure you have more coming in than going out.

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Read more about the article What are some basic considerations for planning a holiday?
Travel by Moyan Brenn

What are some basic considerations for planning a holiday?

When planning a holiday away, there’s lots of things to consider, including your budget, what type of holiday you want (e.g. relaxing or activities), and what you need to take with you.

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Read more about the article Create a simple budget
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Create a simple budget

Keeping your budgeting simple makes it more likely you’ll stick to it. If your finances seem too complicated, go back to the basics. Create a simple budget organised by category, and tweak it every now and then.

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Read more about the article Define your tasks clearly
Making a list and checking it twice by Kyle Steed

Define your tasks clearly

Don’t let your big projects overwhelm you: break them out into bite-sized pieces, where you define each smaller task clearly enough for you to start on.

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Practice living independently

Before living independently you need to think about money and whether you can budget or not. You may think you have enough but in reality it is a lot harder than you think. Practice budgeting before you move out independently.

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