Budget Planner

Let's be real for a second - most of us would rather watch paint dry than sit down and crunch numbers. But here's the thing: tracking your income and spending is like having a financial superpower. It's the difference between feeling like you're constantly juggling bills and being in control of your money.

Think about it. How many times have you reached the end of the month and thought, "Where on earth did all my money go?" We've all been there, and it's not a great feeling. But when you track your income and expenditure, you're shining a light on those sneaky spending habits that might be draining your bank account faster than you can say "contactless payment."

Plus, let's face it - adulting is hard enough without the added stress of financial surprises. You're giving yourself financial peace of mind by keeping tabs on your cash flow. And trust us, that's way better than any impulse purchase you might make

The Key to Staying Out of Financial Difficulty

When we created this site, we wanted to examine every aspect of a person’s journey that could lead to financial issues. One key area, which might sound obvious but is overlooked by almost everyone we have found with serious debt issues, is income and expenditure.

That’s right, simply knowing what you have coming in and going out is often overlooked but plays a big part in your financial situation.

Are You Aware of Where Your Money Goes Each Month?

Right now, this second, do you know exactly how much you spent last month to the penny? When we ask this question to people regardless of their financial situation, 99 times out of 100, we get the “umm, ahh, well, I think it’s around this figure” reply. We rarely receive a clear answer. How can you manage your finances correctly when you don’t know what you spend?

Trust the Process: Regular Financial Reviews

You will notice that we always prompt you to use our budget planner because going through that process is the only true way to know your financial state. At a minimum, you should review your spending every six months to ensure you stay in the green and do not move into the red.

A Creditor Income and Expenditure Form Alternative

We also noticed that the creditor may prompt you to complete an income and expenditure form as part of the procedure when you experience financial difficulty. Some of you may feel uncomfortable filling out the creditor or debt collector's income and expenditure forms, as you might think they are designed to benefit them more than you. It is valid to question whether you should fill it out or not. We have explained when we believe you should do so and when you might wish not to. Check out the article below in the purple box for more information.

Here’s the good news! TRDG has your back, as always. Our budget planner is designed for you to use as your income and expenditure for your creditors. You can take your time to fill it in, download and email it to your creditor, or print and post it. We never encourage you to complete an income and expenditure over the phone with a creditor; always fill one in your own time without pressure.

So what are you waiting for? Head over to the budget planner by clicking here.