A Guide to Controlling Your Spending
Many people throughout the UK find it difficult to control their spending and manage their money. Trying to balance day to day outgoings with monthly bills, transport and groceries, makes it easy to lose sight and control of where your money is really going. Take a look at the tips below to get a better grip on your spending. Create a budget A good starting point is to look at what needs to be paid each month or fortnight (this will depend on the frequency of your bills and wage payments) and draw up a realistic budget. This should give you a clearer view of your financial position before and after the essentials are paid for and allow you to set some limits on any additional spending. Start with your largest outgoing payments; this could be your mortgage, rent or even groceries and add in any regular bills. Depending on your circumstances or lifestyle this could include: Gas Electricity Water Mobile phone contract Satellite television TV license On top of this, you