A budget is a powerful tool you can use to help you take control of your money. Some people say they can't budget. They say it's too complicated or they don't know where to start.

Or they think they've got enough money and don't want to be restricted by a budget because it might mean going without.

The truth is, everyone should learn and understand a budgeting process. Being able to budget puts you in control of your money – this is very powerful. A budget helps you decide what you want and plan how to achieve it.

Here are some Useful Budgeting Tips:

• Set realistic goals;
• Build in some flexibility for the unforeseen;
• Avoid temptation (Shopping Centres etc);
• Buy from a shopping list;
• Consolidate your debts to reduce monthly obligations;
• Adjust budget if anything changes;