How do balance transfers work and are they right for you?
Your budget needs to reflect any changes in the amount of money you are earning and your expenses.
If you don’t already have a budget, set time aside to do this. As well as including incoming money and expenses, consider what your short and long term financial goals are. For example, do you want to save for a holiday within the next year? Do you want to save for a deposit on a house?
Your budget should include any changes to expenses, such as travel, uniforms, day care fees, and food.