Budgeting 101: Take Control of Your Money One Pound at a Time
Budgeting isn’t just for people struggling to make ends meet — it’s a tool that helps anyone make smarter choices with their money. Whether you’re saving for a house, clearing debt, or just trying to stop wondering where your money disappears each month, a budget is your financial satnav.
In the UK, the rising cost of living has made budgeting more important than ever. Yet many people still find it confusing, time-consuming, or simply dull. The truth is, budgeting doesn’t have to be restrictive or complicated. Done right, it gives you freedom, clarity, and control.
What is Budgeting?
Budgeting is simply creating a plan for how you’ll spend and save your money. It means knowing how much you have coming in (your income), how much is going out (your expenses), and where you can make improvements.
It’s not about cutting out every treat or never going to the pub again …