Budget, budget, budget!
In the current financial climate that has been thrust upon all of us, a vital tool in our armory against debt is budgeting in each and every aspect of our lives. Budgeting is a vital tool and the temptation to bury ones head in the sand in times of trouble can lead to financial crisis.
It is much better to know what one is up against and a great way to analyse your financial situation is by using a financial tool such as salary calculator from Moneyio. With this vital tool, one can see straight away how much (or indeed how little) money they have left over from their monthly salary and outgoings. If this figure is in the negative, careful thought needs to go in to what things can be changed to bring one’s outgoings down. If there is an area where one believes money can be saved, for example, by lowering one’s mobile bill, salary calculator can be used to get a quick overview of what their new financial standing will be.
Have a go it is quick, it is easy to use and it may even save you money!