Your budget is a statement of all the money you’ve got coming into your household and all the money you spend, each calendar month. We created your personal budget when you first contacted us.
Your creditors use this budget to assess your individual situation. We have an excellent reputation with creditors for creating realistic and workable budgets so they know you’re paying as much as you can afford.
Budgeting effectively will help you to manage your money and make sure that you repay your debts in the quickest time possible. Learning to budget properly will also help you in the future, when you’re debt free, as you’ll be able to save for the things you want and keep a good grip on your household bills.
For help with budgeting why not:
- Check our MoneyAware blog, here you’ll find lots of useful information on budgeting and clever hints and tips to make your money go further
- Visit MoneySavingExpert.com for useful hints and tips about budgeting and saving money. There are also lots of articles posted by users who have experienced financial difficulties