Budgeting is about taking control of your money. It helps you cover essential bills, manage your spending, and avoid falling into debt.
We all struggle with budgeting sometimes, especially around Christmas or birthdays, but a simple plan can make a big difference. If you spend more than you earn, a budget can help you spot any shortfall early and take action before things get harder.
You can regularly use a budget planner to work out your income, outgoings and where you might be able to cut back.
We've provided a draft budget planner on page 26 of our cost of living booklet for you to keep track of your money.
As well as offering affordable loan options, credit unions can help you manage your money for special occasions and one-off expenses.
They also offer:
- Savings schemes
- Christmas clubs
To find out more or get started, contact your local credit union or speak to us at Southway.
Want to improve your money skills? The course covers essential topics like managing bills, controlling spending, and setting financial goals.
- Learn at your own pace
- Complete it in stages
- Or join a supportive group session
