Now that you have all the facts and figures about your money, the next stage is to make your budget balance. Your outgoings need to match your income in amount and frequency:

1.There must be enough money coming in to meet your expenses. Wherever possible, your expenses should include an amount for savings and unexpected bills.

2.Co-ordinate your budget. If most of your income is weekly, it makes sense to budget for bills or to pay them on a weekly basis where possible. Add the total on your Personal Budget List 2 to the totals in the current repayments column of List 4. This is the amount you need to pay out each week/month. Compare it with your income on List 1. Do you have less than you need to pay your bills or have you got money to spare?

Personal Budget Lists

Personal Budget List 1 
(PDF,6k)
Personal Budget List 2
(PDF,5k)
Personal Budget List 3
(PDF,5k)
Personal Budget List 4
(PDF,8k)