Budgeting

Piggy bank

Considering income and expenses to estimate, forecast and plan.

Being good at budgeting means that you can:

  • budget finances effectively within a certain time period
  • estimate costs
  • agree a budget and set financial targets
  • provide a financial forecast of income and expenditure
  • manage actual and forecast costs against a budget
  • measure financial performance and success

Information, advice and resources to help you with personal money management and budgeting can be found on the Financial Support website.

Opportunities to develop this skill

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