Introduction

Budgeting

In this module, you’ll learn how to build a budget that helps you stay in control of rising costs, plan ahead and manage your money with confidence.

Since the cost of living crisis first kicked off, many of us have been struggling to cover the costs of our basic needs, let alone thinking about non-essentials – like eating out and holidays.
It’s probably hard to think about your budget when your focus is on making ends meet.

Having a personal budget won’t generate extra income but it will: give you a clear picture of where your money comes and goes, identify particular times of the year where you feel a squeeze, and potentially give you an idea of what you can keep aside for emergencies and savings.

This series on budgeting includes five short videos. The goal for these videos is to help you make choices about managing your money that align with your needs, wants, and future goals.

All Armed Forces Modules

Budgeting

Module 1

5 videos

22 minutes

In this module, you’ll learn how to build a budget that helps you stay in control of rising costs, plan ahead and manage your money with confidence.

Armed Forces Budgeting

Earnings

Module 2

7 videos

30 minutes

In this module, you’ll learn how to understand your pay, spot any issues early and explore the different ways you can increase your income.

Pensions

Module 3

10 videos

61 minutes

In this module, you’ll understand how pensions work, including the Armed Forces Pension Scheme, so you can plan confidently for later life.

Armed Forces Pensions

Managing debt

Module 4

7 videos

34 minutes

In this module, you’ll learn how borrowing works, what to consider before taking on debt and how to manage repayments.

Credit options

Module 5

6 videos

37 minutes

In this module, you’ll learn how credit works, what affects your credit score and how to make borrowing choices that support your financial goals.

Mortgages

Module 6

9 videos

47 minutes

In this module, you’ll learn how home buying works, the factors that shape affordability and how different mortgage options can affect your choices.

Investing

Module 7

8 videos

40 minutes

In this module, you’ll learn how investing helps your money grow over time, how it differs from saving and how to make informed investment decisions.