If you want to keep a tight rein on your finances, setting yourself a budget will really help. It allows you to see how much of your income is taken up by necessary expenses like bills and accommodation costs and works out what you have left to spend on other things like socialising with friends.

If you're struggling to keep your spending under control, a budget planner can also show you where you can cut back on spending in some areas. It's also a good idea to keep a record of every cash withdrawal and payment that goes out of your account. You can use these records as a rough guide to your spending habits when you're filling in your planner.

Our How to manage your money leaflet contains some good advice on how to budget (including a planner), as well as some money saving tips, and information on how to choose an account.

Useful websites

Money Made Clear from the UK’s Consumer Financial Education Body, established by the Financial Services Authority (FSA). When it comes to your money, their impartial information and tools can help you work out what’s right for you.

Online banking is an enormously popular and safe way to access your bank account, but it pays to be aware of the ways in which criminals can try to gain access to your account and to learn how to protect yourself and your money. Have a look at Bank Safe Online for advice.

The Cash Questions website also contains some sound financial advice.