Worried about your money?

Any outstanding debts could be costing you extra money in interest and eat into any savings you’ve made by following our super easy tips.

So, make getting debt free your priority. If you’re finding that you are struggling with debt or only making low repayments on credit cards and loans, reach out to the many online advice and help centres available.

You won’t be judged, and no matter how big or small your problem is, a debt adviser will help you figure out ways to manage your debts (often in ways you might not know about) even if you think you have no spare cash.

Put a little away for a rainy day

Seven in ten people face an unexpected bill each year and the typical amount is between £/€200 and £/€400. Putting money away now means you’re covered for an expense you didn’t see coming and you won’t be tempted by short-term lending or need to borrow from family or friends.

This Savings Calculator is a nifty little tool that can help you understand how long it will take to squirrel away that rainy day fund, or how much you need to save to have what you need by a particular date.

Budget planner

We think that budgets get a bad rep, but in reality, they aren’t boring – they are your passport to financial freedom.

Feel guilty when you get that takeaway on a Friday night? If you’ve budgeted for it, and you have the cash, you can eat your Korma guilt free. Worried you’re not going to be able to pay your bills? A budget planner can show you if you’re short and where you can find money from elsewhere. Clever eh?

Don’t let credit take over your life

Now you’re on the way to building up your savings, think about how you’re using credit too. If your first thought is to reach for the plastic, see if you can shift away from relying on credit cards, unless you know you can clear your total balance each month.

Get into the habit of using credit wisely. Use your savings to pay down credit cards, make sure you’re not paying over the odds in interest charges or making low repayments that mean your balance never gets cleared.