Financial resilience is your ability to survive unexpected financial shocks, such as a fall in income or an unexpected cost (e.g. car repairs).
Whether you have healthy financial resilience, or you’re struggling to cope, there is always room to improve, and regardless of your situation, we recommend budget planning to help identify areas for improvement.
With the current cost-of-living crisis, it’s important to ensure that your spending is all accounted for. Budget planning can help you to manage your finances in a more efficient way.