How to make and stick to a budget

How to make and stick to a budget When it comes to your personal finances, what does the word ‘budget’ mean to you? And would you know where to start if you had to put one together? In this episode, our host Andrea Fox talks to Kalpana Fitzpatrick, finance editor at Hearst UK for brands like Good Housekeeping, Red and Prima magazine, money expert on the BBC’s Money 101 podcast, and founder of Mummy Money Matters, an award-winning website that helps families with money.   How can you find more information? Royal London recommends you seek professional independent financial advice before making financial decisions. You can learn more about the value of financial advice on our website, or visit Unbiased to find a trusted professional in your area. You can also find lots of helpful information on some of the topics discussed in this episode on the following sites:   Budgeting Money Advice Service: www.moneyadviceservice.org.uk/en/tools/budget-planner Royal London: www.royallondon.com/articles-guides/your-money/budgeting   Bills and expenses Royal London: www.royallondon.com/articles-guides/your-money/how-to-cut-your-bills Energy Saving Trust: energysavingtrust.org.uk   Debt StepChange: www.stepchange.org Royal London: www.royallondon.com/about-us/members/understanding-your-finances/your-personal-finances/prioritising-your-debts   Benefits Turn2Us: benefits-calculator.turn2us.org.uk/AboutYou Royal London: www.royallondon.com/about-us/members/understanding-your-finances/your-personal-finances/jargon-buster-state-benefits   Employment and redundancy Citizens Advice: www.citizensadvice.org.uk/work/leaving-a-job Money Advice Service: www.moneyadviceservice.org.uk/en/categories/work-and-redundancy   Coronavirus and your finances Money Advice Service: www.moneyadviceservice.org.uk/en/tools/money-navigator-tool   This podcast was recorded remotely in July 2020 during the coronavirus outbreak. For the latest information on financial support and benefits, visit gov.uk/coronavirus.

Om Podcasten

Confused about your finances? The penny drops podcast is here to help you understand your money and make better informed financial decisions. Presenter and Broadcast Journalist Andrea Fox will be grilling financial experts on your behalf to get the best tips on topics such as savings, pensions, budgeting, debt and retirement. This podcast series is brought to you by Royal London, the UK’s largest mutual life, pensions and investment company.