Managing your money
How to manage your money
It’s great when you have some money left over after you’ve covered all your essentials. Here are some tips to keep you on track:
- Budget
Keep track of what you have coming in and what needs to go out. Seeing it in black and white can help you feel more in control. Try giving yourself ‘pocket money’ so that you have some money to spend on what you want (bets on the football or a night out with your mates) but means you don’t spend all of your available income! - Track your spending
Track everything you spend, even if it’s only for a few months, it will show you exactly how much your sweet tooth or coffee habit are costing you and you’ll see where you can make further savings if you need to. - Save for emergencies
Try and save something every month to cover emergencies like a washing machine breaking down or new tyres on your car. This means you don’t have to try and find the money to cover that emergency from your monthly income or resorting to credit cards (unless you can pay it off quickly). - Set yourself a goal
If you can save every month, even if it’s a small amount, you will be surprised at how quickly it builds up. Don’t be tempted to dip into it. Whether you’re aiming to save enough to pay your car insurance in one go (because it’s cheaper than monthly payments) or for a holiday – keep your eye on the prize! - Saving – a habit for life
It doesn’t matter how much or little you save, just save something – you’ll be glad you did!
More on money
Money and mental health
Poor mental health can make earning and managing money harder. And worrying about money can affect how you look after your mental health. Check out our tips to help you start a conversation about money today.
Budget-friendly Valentine's Day ideas
Fun, memorable and budget-friendly ideas for Valentine's Day
Cost of living
We’ve pulled together some tips, advice and tools to help you cut costs at home and save your hard-earned cash.
How to manage your money
Money worries are one of the biggest reasons why people ask us for support. To help, we’ve pulled together lots of tips, advice and tools to help you manage your money and minimise your risk of getting into debt.
How to deal with debt
When you don’t have enough money coming in to cover all the things you have to pay out, it can be really worrying. It might not be easy or quick, but debt and financial concerns can be overcome. We share some information and advice on how you can start to get out of debt. Learn more about:
How to eat well on a budget
Lots of people are concerned about the rising cost of their weekly food shop, and are looking at ways they might be able to save money, while still eating well. We've put together some tips to help
Reduce your living costs
Tips, advice and tools to help you reduce your living costs and make big savings. If you're struggling to make ends meet - we can help
At risk or loss of employment
If you're worried that you might lose your job or you have been made redundant, we're here for you. Find out how we can help
Online pension guide
It’s never too early or too late to think about pensions. That’s why we’ve put together some information to help you plan your pension, whatever stage of life you’re at
Everything you need to know about pensions in under 7 minutes
Pensions can appear complicated, but with our handy guide you'll know everything you need to pension-wise in no time