Crack your finances wide open!

Easter is hopping around the corner and that usually means shelling out a little egg-stra on family fun. Meals out, decorations, gifts and maybe even a weekend getaway can all add up. Here’s how you can avoid your finances falling into a rabbit hole!

Our handy budgeting guide will help you track your spending, so you’re not scrambling for savings after the Easter holidays.

Hop to it – how you can save money on a budget 

Budgeting can be as simple as boiling an egg. The key is to find the right budget to suit you. Think of it like a Spring stroll – you know where you want to end up, but you need stay on the right path to get there.  A budget planner is your map. It will help you get from you starting point to your financial goal. You just need to remember a few key clues when you set a budget, be detailed, be realistic and be purposeful.

How does a budget planner work?  

A budget planner works by laying out all your expenses and income on one spreadsheet. This bird’s eye view lets you see the whole financial picture of your income and outgoings. You can then work out how much money you need to have aside for essentials and bills and where you can cut back on spending and put the money towards Easter spending or a different kind of nest egg.

How to craft your budget

Understanding your spending is the first step to becoming a budgeting pro. Start by cracking open your regular expenses—rent or mortgage, utilities, weekly food shopping, subscriptions, etc—and then estimate your potential Easter holiday expenses. Don’t forget to include even the small purchases, as they can add up. Once you have a clear overview, decide on areas where you can reasonably cut back. This may mean swapping out a shop bought Easter basket for a DIY version or plan a back garden egg hunt instead of a pricey day out.

Hatching future savings plan 

Saving for the Easter holidays can be a stepping stone towards more financial independence. Once you’ve found the right budget for you, you can start thinking about longer term savings goals. It could be Christmas or next Easter, a big holiday or a house deposit. So why not take the next hop and open a savings account for future goals? This way, you’re not just saving; you’re investing in the future, taking some of the financial pressure away and giving you financial peace of mind.

Hodge’s budgeting hamper 

So, there you have it—a few tips to help you budget better this Easter. Remember, it’s not about counting every penny; it’s about making every penny count. And with our budget planner, you’re sure to have an egg-ceptional Easter without cracking under financial pressure!

We’ve a basket full of goodies for you— take a look at our blogs ‘How to budget’, ‘An introduction to savings’ and ‘What type of savings account do I need’ – all designed to help you keep track of your spending and ensure you have enough left over for a hopping good time.

 

This article is correct at time of publishing and for general information purposes only. We recommend you speak to a professional financial adviser for advice. You can find a financial adviser and further personal finance information at unbiased.co.uk.