As part of doing your budget, make a habit of reviewing your bank statement regularly. Reviewing your bank statement will help you track what is coming in and what is going out of your bank account.

Benefits to reviewing your bank statement every month:

• It will help you track what you are spending money on – are you spending a lot on take-aways and eating out? Are you spending a lot on data?
• Going through your bank statement will help you track the debit and/or stop orders that are going off on your account. You will also pick up if debit orders are still going off for accounts that have been long paid up.
• You can track any fraudulent activity on your account such as unauthorised debit orders.