A budget is a list of all the money you receive and all the things you spend money on every month. Creating a budget is the first step towards taking control of your finances and getting your situation back on track.
When you put budgeting into practice, it can help you see where your money is going and make sure that you’ve covered all of the things you need to pay. You can also spot areas where you can make savings. As most of your household bills and debt payments are made monthly, we suggest that you make all the figures in your budget calendar monthly.
If you're looking for a simple way to help you manage your money and track your outgoings, you may find our free budget template useful.
Free budget template (PDF) (This PDF is not suitable for screenreaders. If you need any help with reading its contents please contact us).
Or, if you'd prefer, we have the same budget template in Excel