Our household budget calculator lets you track what you have coming in and where your moneygoes every month.

Getting a grip on your incomings and outgoings is the essential first step in fixing your finances. 

Once you know the details you can think about where you can cut back, how much money you can afford to save or invest, and start to plan for a better financial future.

Before you use thishowever, it makes sense to spend some time gathering together thepieces of paper you will need, such as pay slips, council tax bills,insurance policies and credit card bills.

This calculator only works on the desktop and tablet version of This is Money.

Household Budget Calculator

Our household budget calculator lets you track exactly where the money goes every month – the first step to cutting back. Before you use this however, it makes sense to spend some time gathering together the pieces of paper you will need, such as pay slips, council tax bills, insurance policies and credit card bills

This post first appeared on Dailymail.co.uk

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