Plan ahead
Create sinking funds for predictable surprises
Insurance renewals, holidays, and car maintenance don’t have to blow up the month when you prepay them slowly.
Example allocations
Car insurance
£45/mo
Christmas fund
£60/mo
Home repairs
£75/mo
1. List annual or quarterly costs
Add up everything due outside the monthly cycle—servicing, school fees, insurance, gifts.
2. Divide by pay frequency
If a £600 policy renews yearly and you’re paid monthly, move £50 into a dedicated envelope each payday.
3. Park funds in separate pots
Use bank spaces, savings buckets, or even a second Budget Expert sheet so the money stays untouched.