By organising the way you spend and save money, you’ll be able to take greater control of your finances. Why not try the 50-20-30 rule. All you need to work out is your monthly income, or your budget if you have a student loan. The first 50% of your income goes on essentials including housing, food, utilities, transport and clothing. The next 20% goes towards long-term savings and payment towards any debt. The final 30% goes towards those non-essential lifestyle choices including things like your hobbies, TV package, entertainment and holidays. It’s often hard to stick to these percentages, so you could over time make changes to suit your own circumstances and financial position.