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. If you need support, our Money Advice service is here to help.
More help and advice
Money Advice Service
One-to-one support and advice to help you manage debt and maximise your income.
Borrowing money affordably and safely
The best ways to borrow money.
Money saving tips
Helping you keep prices low at home.
Managing your money
Choosing the right bank account for your needs can help you to manage your money.