Build Your Financial Confidence:
Tips to Save Money and Plan Your Budget

Step 1: Know What’s Coming In and Going Out

Understanding your income and spending is the first step to feeling more in control.

✅ List your income: wages, benefits, tax credits.
✅ List your essential spending: rent, council tax, utilities, food, travel, phone, TV licence, and other must-pay bills.

💻 Try free online tools like:

• MoneyHelper Budget Planner

• StepChange Budget Planner

Prefer pen and paper? Ask our team for a printed budget planner.

Once you see clearly where your money goes, it’s easier to spot areas where you can save.

Step 2: Cut Costs Without Cutting Quality

Small changes can free up more money each month:

• Switch energy suppliers or ask us about energy vouchers

• Use loyalty schemes and discount codes when shopping

• Plan meals ahead to reduce food waste and avoid impulse buys

• Review subscriptions—are you still using them all?

• Check if you qualify for social tariffs (cheaper broadband and phone). Find the latest updates here.

Step 3: Save a Little—It Adds Up

Even £1 or £2 a week can grow into a helpful savings pot.

💡 Ideas to get started:

• Keep a savings jar for small change

• Open a credit union account (ask us for details)

This can help with school holidays, Christmas, or unexpected bills—giving you peace of mind.

Step 4: Get Help if You’re Struggling

Don’t wait until things feel unmanageable. If you’re behind on bills or worried about debt, reach out as soon as possible.

Our Financial Wellbeing Team can offer:

• Income maximisation sessions

• Budgeting support

• Help with fuel debt, benefits, and financial crisis support