Budget planning is a great way to review your finances. Download the document and enter your monthly income and expenditure and the spreadsheet will work out your disposable income for you. There are two versions of the budget planner, a simple one and a more in-depth one that is more suitable for getting an overall picture of your finances.
Completing this task can show you areas you may be overspending in, perhaps you have subscriptions you don’t utilise and could cancel. It can also show you areas you may wish to allocate more money. Maybe you have more disposable income than you thought and can afford to pay extra off your credit card or overdraft to save you interest.