Start by reviewing all your outgoings such as monthly direct debits, standing orders, food and any other spend. This should give you a good idea of your outgoings, helping you work out what’s essential and where you could save.
Check your bank statements
If almost all your spending is on cards and via bank transfers, check your debit and credit card statements for the last 12 months.
Use money saving apps
There are lots of free (you’re saving money already) budgeting and money saving apps, designed to help you track your spending and start saving. Apps like Money Dashboard let you to see all of your bank accounts and credit cards in one place. They automatically categorise your income and spending so you can see where your money goes.
Keep receipts and record your spending
Want to do it the traditional way? Keep hold of receipts, or write down everything you spend, and put it all in a spreadsheet. Make sure you include coffees, snacks, buses, taxis and anything else you use cash for.