Budgeting
What is a budget?
A budget is simply an organised way of managing your finances. It is the best method of assessing your financial needs and controlling your costs. Budgeting gives you an overall 'picture' of where your money is coming from, when it's coming in, and how it's being spent. Knowing how to keep control of your finances is an invaluable 'life skill'.
There is a common misconception that a budget is difficult to draw up, but it can be a surprisingly simple process. This section includes instructions on how to prepare your own budget.
Some handy hints on how to maximise your budget.