Budgeting to Clear Debt Faster
Every debt payoff plan runs on one number: your monthly surplus — the money left after essentials. Budgeting is simply the process of finding and growing that number.
Work out your surplus
Add up your monthly income, then every expense — converting weekly, quarterly, and annual costs to a monthly figure. Subtract outgoings from income. What's left is what you can commit to debt. Our Budget Planner does the conversions and the maths for you.
Find more surplus
- Trim small recurring costs. Subscriptions, daily coffees, and takeaways add up fast — often £150+ a month combined.
- Review your bills. Energy, broadband, mobile, and insurance are frequently cheaper elsewhere.
- Automate the extra payment. Set a standing order for the day after payday so the money is gone before you can spend it.
Then put it to work
Feed your surplus into the snowball or avalanche and watch how even £100–£200 extra a month can cut years off your payoff.
Open the Budget Planner →