If you have money worries or are struggling to pay your bills, the first thing we recommend you do is create a budget. A budget will help you to understand your household income, outgoings and identify where you might be able to save money.
There are lots of online tools to help you see how your finances work out. An easy one to use can be found on Moneyhelper.org.uk. It is simple to edit and is anonymous to use.
To build a budget you will need:
- time
- bank statements
- pay slips
- receipts
- household bills.
We know that setting up a budget is often a daunting first-step, but it's the best way to take back control of your money.
