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Everyday Money17 minMorrow+

Budgeting and cash flow without misery

Budgeting is not about removing everything enjoyable. It is about directing money deliberately, spotting pressure early and making sure ordinary life fits within the income available.

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A budget is a forward plan; cash flow is what actually moves into and out of your accounts.

Someone earning £1,800 after tax may assign £1,050 to essentials, £350 to flexible spending, £250 to goals and £150 as margin. Their real transactions then show whether those assumptions work.

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