Not all of your expenses need to be paid monthly. Irregular costs like dentist bills and MOT bills will only need to be paid once or twice a year. This can make it difficult to manage these costs on your budget.
When we complete your review we take into account your one off costs and put a monthly figure into your budget to cover these. This way, you can save for these throughout the year.
To help you do this you might find it easier to set up a separate account and pay the budgeted amount into it each month. This way when these costs are due you’ll have the money available.