Taking Control of Your Finances

When you are looking at buying a property, it is vital to know in advance how much you can afford. One way to get your budget on track is to record your income and expenditure and review on a weekly basis. You can keep a spreadsheet and enter in all of your receipts and identify where your money is spent.

Make sure you are honest with your budget allowing for things such as: medical bills, vehicle running costs, groceries, utilities and social outings etc.

Find things you can cut down on and save money, such as eating out or decide to spend 10% less on going out or alcohol.