BUDGET PLANNER TOOL
Use the Budget Planner tool below from the Money Advice Service. It's
simply a record of:
- Money coming in, such as wages, pensions, benefits
- Money going out, such as rent or mortgage, insurance, council tax, living
expenses, one-off or unexpected costs
Small changes made now can make a big difference over time, leaving you
in a position where you have more money to spend on what truly matters to you and your family.
Top tip
Make sure you include one-off expenses like car tax and Christmas
presents in your budget, and tax and National Insurance if you’re self-employed.
An online budget planner is an easy way to work it all out.
This will help you record your incomings and outgoings. It then adds and
analyses your figures, breaking down your spending into:
- Household bills
- Living costs
- Financial products
- Family and friends
- Travel
- Leisure