Budgeting: How To Split You Money Up Effectively Each Month

How can I split my money up effectively each month?

The most important and probably the largest bills you'll have to budget for each month are your mortgage or rent, travel and power. You can pretty much predict these how much money you'll need to budget for these each month. Then, you can make a spending list using the budget planner in my book, "Smart Spending with Jane Furnival", and you can also download one for free from my website, smartspending.co.uk. You can use that to work out where your money is going, and how to budget in order to cut it down. If necessary, take cups, flowerpots or even empty envelopes labelled with different categories and actually a put cash sum in it for the month, if that might help. Remember, shoes for women and tools for men are the two most wasteful purchases when spending money. Try to save three months' money in a building society in case of emergencies like illness or redundancy.