How to increase your income

If your regular budgeting exercise shows that you are spending more than your income, the answer is normally to reduce your spending. But you can also try to increase your income by:

• Getting a job.

• Making sure that you get all the benefits to which you’re entitled (though don’t expect too much from that exercise – benefits for under-18s are very limited).

• Making sure that your money is in the most efficient bank account (though, again, don’t expect too much from that – interest rates are very low at the moment).

As well as the pages linked to above, you might also be interested in the other pages in our money section: