Guest blog from StepChange Debt Charity: Draw up a budget

StepChange Debt Awareness Week - Logo(SmallVersion)

In the second of Stepchange’s guest blogs as part of their Debt Awareness Week, today they look at budgeting…

Step 2: Take control

A personal budget is important because you can only ever be made to pay back an unsecured debt (such as a credit card) at a rate you can afford. You should be paying them off with your ‘disposable income’.

This is the money you have left once you’ve paid priorities like rent, mortgage, household bills, food and living costs. Seeing how much money you have spare after accounting for these things is important.

We’d recommend that you read this article on how to create a budget

Or if you’d prefer you can contact StepChange to chat to an advisor over the phone, have an online chat or request a call back.

This entry was posted in General. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s