Budgeting for your future

Planning ahead really does pay off

Let’s be honest, it’s one thing most of us put off doing but it’s an essential part of getting financially fit for the years to come.

When it comes to the future, there’s no time like the present. So why not spend a few minutes using our handy budget calculator to get an idea of your current monthly expenditure? That’s the first thing you need to do to find out what you’ll need your income to cover to give you stability and help you to save for the long-term future.

What does the future hold?

Planning your finances means working out what money you expect to need and when. Tricky without a crystal ball, but try and predict any financial events that may happen over the next 15 years, such as:
  • Children going to university
  • Family celebrations such as a big wedding
  • A new car
  • Home improvements
  • That cruise you’ve always promised yourself

  • This will give you an idea of where your current savings could be used in the future and whether you could invest your money more efficiently elsewhere to give you a little extra for the future.