How to
How to budget
A budget is simply a plan for your money.
A budget is simply a plan for your money. Start by listing all your income and regular outgoings each month.
Look for areas where you could reduce spending. Set aside a fixed amount for savings as soon as you get paid – treat it like a bill you must pay.
Many banking apps now include budgeting tools that categorise your spending automatically. Review your budget monthly and adjust as your circumstances change.
See our How to Plan section for a step-by-step approach to managing your finances.
Information, not advice. This guide is general information to help you understand your options. It is not personal advice and not a recommendation to buy, sell or hold any investment. If you are unsure what is right for your circumstances, consider taking regulated financial advice. The value of investments and any income received from them can fall as well as rise, and investors may receive back less than they originally invested. Past performance is not a guide to future returns.