Managing my money
Managing my money

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Free course

Managing my money

3.3.5 Now complete your budget

You’ve got to the point where you should be able to complete your budget. Have a go at doing this now, using the MAS budget planner [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] that you worked with first in Week 2 (remember to open it in a new window or tab). You’ve now got figures for both your income and expenditure, and so you can complete your budget in your fact find. You might want to revise your budget by making use of the third column – unless of course you’re entirely happy with your budgetary state of affairs.

Figure 14

What does the completed budget tell you about your current financial position?

What actions – if any – are you going to take to improve your financial position? Will this involve trying to increase income or cut expenditure or both?


Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to University-level study, we offer two introductory routes to our qualifications. You could either choose to start with an Access module, or a module which allows you to count your previous learning towards an Open University qualification. Read our guide on Where to take your learning next for more information.

Not ready for formal University study? Then browse over 1000 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus371