Managing Your Money

A monthly budget is an excellent way to stay on top of your income and expenditure and to know what you can afford. The basic premise of managing your money is to have more coming in than going out, but everyone knows there are times when this is harder to achieve – saving for a first house, raising a family or paying for expensive one-offs like weddings or holidays can put your finances under strain.

Try our budget calculator below and get a view of where your expenses are each month, where you might be able to cut back and how you can increase the amount you save.

Keep track of your expenses

Download the Money Advice Service ‘Making the most of your money’ brochure, full of hints and tips to help you take control of your finances

Related posts

in Corporate, Employee benefits, Financial education, Inheritance Tax, Investments, Pensions transfer, Retirement planning, Tax, Thought leadership

Why are some people cashing in final salary pension schemes?

In recent years final salary pension schemes have been phased out by employers because people are living for longer and the uncrystallised liabilities are wreaking havoc with corporate balance sheets. Robert Blumberger explains why this is happening and sounds a cautionary note for those attracted to the idea of transferring.