Financial Expert Urges ‘Spending Buckets’ and Tax‑Code Checks

Financial Expert Urges ‘Spending Buckets’ and Tax‑Code Checks

Abigail Foster, in an excerpt from her book *The Money Manual*, offers practical strategies for smarter budgeting: divide income on payday into “spending buckets” (essentials, savings, wants), automate savings, and regularly update your tax code to avoid incorrect deductions or missed refunds.
She also advocates for cautious borrowing—using credit cards for benefits like Section 75 protection and clearing balances monthly—and using snowball or avalanche methods to tackle debt.
Her guidance is especially relevant as UK inflation and broadband costs rise, meaning households must adapt to maintain financial discipline.

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