What is it?

This Budget Box isn’t carried by the Chancellor in Downing Street. It’s another great budgeting idea you can use at home. At its most basic, it’s a small filing box complete with dividers for each day of the month.

How do I use it?

When you get a bill or invoice, check when it’s due and file it behind the right date divider. Then, as your money comes in, just pay the bills that are due next. It’ll help keep you on track.

If you don’t fancy using a budget box, the easiest way to stay on track every month is to switch your payments for things like your gas, electricity and phone to direct debit – it’s completely predictable and can help spread the cost your bills.