6 Ways To... Balance Your Budget

Feeling the pinch? Knuckle down with these money-saving hacks.

Chances are any resolutions you made at the beginning of 2019 have fallen to the wayside by now. But there’s still time to commit! In fact, the beginning of a new financial year is the perfect time to revisit any goals you may have set for yourself – and your hip pocket.

Here are a few suggestions that can help you save – or make – money and generally improve your overall financial health.

1 I WILL GET MY DEBT UNDER CONTROL

If you have credit-card debt that never seems to go away, ensure you’re making more than the minimum repayments in order to get ahead. If you think clearing your debt will take a good while, consider taking up a balance transfer offer. When comparing these offers, make sure you find out if you’ll be up for a balance transfer fee, what the interest rate reverts to when the honeymoon period is over and if an annual fee applies.

2 I WILL SPEND LESS THAN I EARN