Before taking out a loan, applying for a credit card, or making a big purchase it is best to make sure you can afford the expense.  It is vital to factor into your budget the new outgoing aswell as your income to ensure you can afford the repayments.  Getting into a spiral of increasing debt to pay debt is not good for long term budgeting, financial planning or financial wellbeing.

Take a look at our free to use Budget Planner.  We have considered all potential outgoings and costs to help you plan for any extra expenses or even increases in income.