open menu

Managing your money

Everyone worries about money sometimes. If you feel like things are getting tight or you're not always in control of the money coming in and out, there are some things you can try that could help you stay on top of things. 

Managing your money

Save this for later with your free account

Log in / Sign up
Favourite

Top tips for managing your money

  1. Make a list of money that you have coming in, e.g. wage, benefits etc
  2. List your essential spends e.g. mortgage or rent, food costs, school uniform, any debts etc. Compare it to the money you have each month.
  3. Look for support if you need it. Use a budget calculator or speak to someone about your finances if you need a bit of help.
Managing your money

We think you might like

Looking for more?

After a little extra help in sorting out and simplify your finances? This podcast has some tips and tricks on how to access financial support and the impact having a family can have on your finances:

Christmas can be a hard time of year when trying to stick to a budget. There are some ways you can think ahead to control your spending on food, presents etc:

https://parents.actionforchildren.org.uk/parenting-relationships/christmas-on-a-budget/

For free and impartial advice about everyday money visit Money Helper

The Money Charity provide advice and guidance on managing money for adults and children

The guide below explains what happens to debts when someone dies, who pays them, the type of debt you may deal with, and where to find support.

https://www.comparethemarket.com/life-insurance/content/understanding-debt-after-death/

Time to reflect

When thinking about what you can do to manage your money… 

What are you already doing that you want to carry on doing? 

What have you learned that you could try today? 

What do you want to do next? 

Know what you want to do next?

Log into your free account (on the top right-hand side) to set a goal on something that’s important to you and your family – then you can check in to show yourself how far you’ve come.

Other parents liked

BBC Tiny Happy People
Visit Resource
Choosing a school
Visit Resource
Need someone to talk to?
Click here