If you’re a student or if you’ve been working for years – taking an hour or so to examine how much money you have coming in and how you’re spending it can spare a lot of grief in years to come.
As this video for ING’s Be Good at Money campaign says: “Budgeting’s not very sexy. But it’s a lot sexier than begging drinks off your friends.”
Our guide explains in simple steps how to make a basic budget.
Get your finances in order by:
- Not sticking your head in the sand
- Categorising expenses
- Cutting costs
- Prioritising debts
- Setting money aside
- Regularly reviewing your budget