Staying in control of your money is very important. To do that we need to know how to budget. And one of the most effective ways you can do that is to learn how to budget using pots.

Budgeting using the pot system can have an astounding impact on your financial health. And better still, banks will help you do it, too. Let’s explore how to budget using the pot system and how banks can help you do that.

So, what is the Pots system? The Pots budgeting system is a budgeting philosophy in which your income is placed into pre-defined categories (or pots) for spending each month. The amount within each pot is determined in advance to achieve certain objectives – save money, enjoy more of life etc…

Have you ever got to Sunday evening and thought ‘how did I spend so much money this weekend?’ You’re not alone and you’re in good company. But the truth is that we should never be in that position. And if you follow what we’ve pulled together here, you’ll be totally in control.

The fact is that you need a budget. But how? There are loads of budgeting planners and budget apps but how do you know which is the best budgeting app in 2019? Mint? Yolt? Tandem? Money Dashboard? Is there a best budget app for iPhone – or android?

We’ve done the legwork and we’ve got the simple answer.