Organising your finances can be a big task, but monthly budget planners or yearly budget planners can be great ways of helping you keep an eye on your budget and potentially help you to save more regularly.
Getting a budget or a savings planner in place is the first step to seeing what you spend and how much you can save. The less you spend, the more you can save towards the deposit for your first house, that kitchen update or holiday of a lifetime.
How much of your salary or monthly income goes on your rent and bills depends on everyone’s individual circumstances. There are lots of different approaches to organising your budget planner and knowing where your monthly money is allocated, let’s have a look at a couple of them...
Working your budget and saving planner into the 50/30/20 idea simply means your income is divided into those percentages. The breakdown is…
This budgeting planner idea means that every penny from your monthly budget is allocated towards something. Here’s how:
Saving for a deposit on a house is a hot topic here at Beehive and using a budget builder such as this one can help you work out how much you have left from your monthly income to save. We also have a mortgage calculator which could double up as a mortgage budget planner for the future as it can help you work out what your monthly repayments could be.
Whichever monthly money planner approach you opt for, re-visiting it often is a great way to keep on top of your budget.
Whatever type of mortgage you're looking for, whether you're a first-time buyer or looking to remortgage, our partner Mortgage Advice Bureau can help.
Buying your first house is one of the most exciting things you'll experience. But, before jumping straight in, let us help you. From tips on how to start saving and linking you up with expert mortgage advice, the Beehive Money app has it all.Start your mortgage journey
When it comes to remortgaging, you could stick with your existing provider - you’ve dealt with them before and know how they work. But without looking at what deals are out there, you could be missing out on getting a mortgage that’s more suited to you elsewhere.Find a new mortgage deal
If you’ve decided you’re moving home but aren’t sure what happens with your existing mortgage, you’re not alone. Can you keep your existing deal or do you need a new one? There’s lots of questions to answer - that's where we can help.Find out more