It's good to get into the habit of budgeting - and there are plenty of other financial habits that can really help in the longer term. The secret of effective budgeting is to review it regularly to make sure you're living within your means, especially if there have been changes to the way you live.
1 Lump sums can make a real difference, so try to save part of any pay rises or bonuses you might get.
2 Be realistic. Get to know your weak spots and allow for a little unplanned spending now and again.
3 Set up a simple Instant Access Savings Account and transfer any spare money you have at the end of the month. Or you could set up a regular standing order direct to your savings account.
4 Avoid impulse buying. It's easier said than done, but try to plan your expenditure in advance and resist temptation.
5 See if it might suit you better to spread your larger payments over the year with the help of a standing order.