Managing your money well can be a difficult task. With lots of outgoings it can be difficult to keep track of your spending. If you are spending more each month than you have coming in, it is a good idea to take a look at your spending habits and look at where you can save money.
The Money Advice Service has lots of tools and tips. Watch this video about managing your money.
How do I manage my debts?
If you are finding it difficult to pay your bills every month, this debt test tool may help you work out how you can get back on track with your payments and reduce your outstanding debts.
If you would like to speak to someone about your debts, call us on 0208 221 4000 and one of our Officers will be happy to advise, alternatively there are a number of organisations and charities that can also give you advice online or face to face.
How do I budget?
There are a number of ways that you can work out your monthly budget. The first step is to calculate how much money you have coming in and how much you are spending each month. This will help you to identify where you can reduce your spending and help you to start saving.
Try this budget planner tool.
Money Saving Tips
Try out these tips for helping you save money: