The Monthly Payment Calendar is another handy way to help keep a record of when your payments are due, and can really help you anticipate and plan for expenses and savings.

How to use the calendar:

• Transfer any income sources and amounts from your Monthly Payment Plan on to the dates they’re normally paid on your Monthly Payment Calendar (see our example below).
• Then, using the same process, make a note of your outgoings.
• Use different coloured ink for income and expenses – it’ll help you keep track of things.
• Finally, mark off each bill as it’s paid. Easy!
• You might want to estimate food and other variable monthly costs at the end of each month.

Here’s how a monthly payment calendar might look: