00:56 12 March 2010

Managing your Money

If you need extra help, you could have a look at Funderfinder. This is a database of organisations that give money to help people in particular circumstances. You can use this at any of our main Connexions Centres.

Keeping in credit

  • To make sure you don't run out of cash:
  • Work out how much you earn each month.
  • Draw up a budget showing all the things you spend your money on.
  • If you are spending more than you have coming in, take action.
  • If you need help working out your budget or talking through your financial situation, you can see a Connexions adviser.

 

Bank accounts

  • Chances are you will need some kind of account if you start work, Apprenticeship or get an education maintenance allowance.
  • There are two main types of account:
  • Current Account - this is usually where your earnings will go and from where you take cash or write cheques to pay everyday bills.
  • Savings Account - this is where you can save money.
  • You can have telephone, web or branch accounts.
  • Look around at what's available and see what suits you best.

 

Sept 2009

Posted on 02 October 2009

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