You need to arrange your income and expenditure to ensure you have more coming in than going out.

This is what the Government has been trying to do for decades and failing. You simply need to list out all your expenditures on a monthly basis and then compare it to the monthly take-home income you have received in the recent past – not what you are hoping you will make in the future. This will tell you whether you need to have your own “Spending Review”. Dickens had his character, Mister Micawber define the money “happiness” zone as having a few pennies more coming in than are going out. This is quite true.

This same exercise can be done if you have your own business. This will also help you review the charges you make for your service or product to ensure you are making sufficient profit.