What can I do if I overspend on my budget?

Forgive yourself! No need to feel guilty or get stressed about it. Just adapt and move money over from another category’s budget. If you don’t have enough money in other budgets and you’re dipping into your savings, it looks like you might need to adjust your budgets and reduce your spending next month. Here are some ideas on where you could cut back:

• Transportation - is the journey that long? Could you walk or cycle instead?
• Eating out - spending too much on eating out or takeaways? Buy a good cookbook and try cooking at home.
• Entertainment - are there any subscriptions you could do without?
• Eating out - friends suggesting to go and eat? Suggest eating at your place instead!

Setting the right budget involves some trial and error! You might need to cut back on the things you ‘want’ sometimes to get back on track but you can get there.