Your Income
Budget Breakdown
Detailed Budget
Needs (50%) - Essential Expenses
Housing
Rent/Mortgage
Bills & Utilities
Electric, water, internet, phone
Groceries
Food & household essentials
Transport
Public transport or fuel
Wants (30%) - Lifestyle Spending
Entertainment
Hobbies, streaming, events
Dining Out
Restaurants, cafes
Shopping
Clothes, personal care
Savings (20%) - Financial Future
Emergency Fund
3-6 months expenses
ISA / Savings Account
Tax-free savings
Pension
Retirement contributions
Budget Summary
Monthly Income
£0.00
Needs (50%)
£0.00
Wants (30%)
£0.00
Savings (20%)
£0.00
Money-Saving Tips
- Build an emergency fund before investing
- Track your spending weekly to stay on budget
- Use cashback apps for everyday purchases
- Review subscriptions monthly - cancel unused ones
- Automate your savings so you "pay yourself first"
- Use the 50/30/20 rule as a guide, not a strict rule
- Review and adjust your budget quarterly