Get Money Smart with a Budget Buddy
With the cost of living continuing to rise it’s a great time to look at our financial health and build good budgeting habits.
Have you ever got to the middle of the month and asked yourself, “where is my money going?”, or thought, “I’d love to start saving but I don’t have anything left to put away.”
Well, our Budget Buddy is here to help you identify where you may be leaking cash, how to stem the flow and get yourself into good budgeting habits, and eventually start a savings journey that’s right for you.
We can’t promise to save you money but we can help you set an action plan to get yourself money smart.
Budget Buddy is Monmouthshire Building Society’s free budgeting tool. It’s a simple planner designed to help you write down your income and outgoings, see where your money is going, and start building good financial habits.
You fill in your regular income, essential bills, and everyday spending. From there, you can see what’s left and decide whether to cut back or save. The tool gives you clarity and helps you set realistic goals.
Yes. You can book an appointment and pop into a MonBS branch for a coffee and a chat with one of our colleagues, who will walk you through it. Many people find that having support makes budgeting easier. If you can’t make it into a branch, you can download the planner and use it at home.
No. Anyone can use Budget Buddy. It’s part of our commitment to supporting financial wellbeing in our local communities.
It won’t save money for you, but it will help you see where your money is going and highlight areas where you might cut back. That clarity can free up cash for savings or other priorities.
Budget Buddy isn’t a debt advice service. But it can help you prioritise essential expenses and debt repayments. If you need more support, MonBS can signpost you to independent, free advice agencies.
Writing down your income and spending gives you a clear picture of your financial position. It’s often surprising how much goes on small, regular purchases, and seeing it in black and white can help you take control.
Unlike generic apps, Budget Buddy gives you the option to talk things through with an MonBS colleague. While we can’t offer advice, we can help you understand how to use the tool and point you towards free, independent money guidance services if you need further support.
That’s normal. Many people avoid it because it feels uncomfortable at first. Budget Buddy is designed to make starting easier - with simple steps, practical support, and the reassurance that you don’t have to do it alone.
Download Budget Buddy from our website or visit a MonBS branch. Bring details of your usual income and spending, and we’ll help you take the first step to becoming money smart.
