If you have decided that now is the time to get your personal finances in order you are probably wondering where to start? Well here are a few ideas for how you can start sorting out your money…
The first thing to do is to make a list of what money you have going in and what you have going out. This way you can see exactly what you are left with each month, or if you are overspending – and therefore getting deeper into debt.
When you have everything listed like this it will be easier to see the obvious places where you are able to cut back. Utilities such as gas, electric and broadband are something that you could certainly save money on. Ring around various companies to see what deals you may get. Some people find that a meter helps them to cut back on gas and electric usage as they can see what is being spent – Gas Meter Box Provide Gas Meter boxes.
If you spend a lot on things such as takeaway food and coffee this could be making a significant dent in your finances too. Try to limit the takeaway food that you have, and start planning ahead – take a flask with you where you might normally get a takeaway hot drink, or if you are going into the office and have a habit of having a lunchtime takeaway sandwich, start preparing lunch to take into work the night before at home – you will be surprised how much you save over a few weeks!