Every calendar month, write down every pound you acquire along with every pound you spend. If you’re still unsure how to split it, try the 50/30/20 rule: 50 % for essentials, 30 % for wants, 20 % for savings or debt repayment.

Every calendar month, write down every pound you acquire along with every pound you spend. If you’re still unsure how to split it, try the 50/30/20 rule: 50 % for essentials, 30 % for wants, 20 % for savings or debt repayment.