Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NetBank Business
- NedFleet
- Nedbank Greenbacks
- Nedgroup Investments
- Nedbank ID
- Bank
- Accounts
- Credit cards
- Greenbacks
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Explore Bank
- Accounts
- Everyday banking
- Kids accounts
- Youth banking
- Seniors accounts
- Private Clients
- Private Wealth
- Digital wallet
- See all accounts
- Premium banking
- Get help choosing
- Goal saving
- Family Banking
- Foreign nationals
- FAQ
- How-to guides
- Discontinued accounts
- Everyday banking
- MiGoals Premium
- MiGoals Plus
- MiGoals
- Kids accounts
- MiGoals4Kids
- Youth banking
- MiGoals Premium
- MiGoals
- MiGoals Plus
- Seniors accounts
- MiGoals Premium Senior
- MiGoals Plus
- Private Clients
- Pay-as-you-use
- Young Professionals
- Private Bundle and Private One
- Private Wealth
- Private Wealth Bundle
- Digital wallet
- MobiMoney
- American Express
- Amex Gold
- Amex Platinum
- Greenbacks
- Exclusive discounts
- FAQ
- How-to guides
- Digital banking
- Switch to Nedbank
- Fraud awareness
- Forex
- Save & Invest
- Accounts
- Investment services
- Share trading
- Explore Save & Invest
- In 24 hours
- JustInvest
- PlatinumInvest
- Tax-free Savings
- MoneyTrader
- EasyAccess Fixed Deposit
- PrimeSelect
- In 32 days
- Electronic 32Day Notice
- 32Day Notice
- End of term
- Tax-free Fixed Deposit
- Electronic Fixed Deposit
- Electronic Optimum Plus
- Platinum Fixed Deposit
- Fixed Deposit
- OptimumPlus
- Investment services
- Share trading
- Borrow
- Personal loans
- Home loans
- Student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Debt assistance
- Explore Borrow
- Personal loans
- Loan consolidation
- Personal loans
- Home improvement loan
- Exclusive short-term loan offers
- Explore loans
- FAQ
- How to guides
- Loan consolidation
- Personal loans
- Home improvement loan
- Exclusive short-term loan offers
- Home loans
- Buy
- Build
- Switch
- Manage
- Further lending
- Explore home loans
- Request a call back
- Track application
- FAQ
- How to guides
- Buy
- Explore buy
- First time home buyer
- Repeat buyer
- Renewable energy financing
- HomeVision
- Home-buying Toolkit
- Edge properties
- Repossessed properties
- Switch
- Explore switch
- Further lending
- Explore further lending
- Student loans
- Explore student loans
- Overdrafts
- Vehicle finance
- Solar finance
- Debt assistance
- Consolidate all your debts into a simple loan | Nedbank
- Short-term payment relief | Nedbank
- Take charge and restructure your finances | Nedbank
- Assisted-sales solutions for homes and vehicles | Nedbank
- Flexible payment plans for loans and credit | Nedbank
- Understanding how repo rate works | Nedbank
- We have payment solutions to get you back on track
- Consolidate all your debts into a simple loan | Nedbank
- Short-term payment relief | Nedbank
- Take charge and restructure your finances | Nedbank
- Assisted-sales solutions for homes and vehicles | Nedbank
- Flexible payment plans for loans and credit | Nedbank
- Understanding how repo rate works | Nedbank
- We have payment solutions to get you back on track
- Insure
- Life cover
- Funeral cover
- Short term insurance
- Credit Life
- Travel insurance
- Business cover
- Secure investments
- Explore Insure
- Life cover
- Get a call back
- Explore MyCover life
- Funeral cover
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Get a call back
- Explore MyCover Funeral
- Individual R10,000
- Individual R30,000
- Family Cover
- Build your own cover
- Short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Alternative energy insurance
- Legal expenses | Nedbank Insurance
- Get a call back
- Explore MyCover short term insurance
- Vehicle insurance
- Building insurance
- House contents insurance
- Valuables insurance
- Alternative energy insurance
- Legal expenses | Nedbank Insurance
- Credit Life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Get a call back
- Explore credit life
- Home loan credit life
- MFC Vehicle Finance Assurance
- Overdraft Assurance
- Balance Protection Plan
- Personal loan Assurance
- Travel insurance
- Business cover
- Secure investments
- Guaranteed Growth Income Plan
- Guaranteed Growth Plan
- Get a call back
- Explore MyCover Funeral
- Guaranteed Growth Income Plan
- Guaranteed Growth Plan
- Plan
- Financial planning
- Estate, wills & trust services
- Nedbank Private Wealth
- Speak to a financial adviser
- Explore Plan
- Financial planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Investment planning
- Insurance planning
- Give
- Retirement planning
- Estate, wills & trust services
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Will drafting
- Ensure your estate is managed by an executor | Nedbank
- Trust services
- Financial accounting
- Tax services
- Leave the admin of your estate to us, and not to your loved ones | Nedbank
- Nedbank Private Wealth
- Speak to a financial adviser
- Learn
- Blog
- Explore Learn
- Blog
- A financial adviser can help you plan your future
- Everything you need to know about student loans
- A financial adviser can help you plan your future
- Everything you need to know about student loans
- Contact us
- Talk to us
- Find us
- Explore Contact us
- Talk to us
- Find us
Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
4 tips to stick to your budget
Having a budget only works if you stick to it. Try these spending habits.
A sure sign that your finances are in trouble is if you often find yourself with barely enough to get you through to payday. This is a deeply uncomfortable position to be in and won’t be doing your mood and health any good.
Want to hear the good news? You have the power to fix this if you have the willpower to regain control over your spending. Follow these tips if you’re looking for some inspiration to keep your spending on track.
Tip 1: Keep tabs on your spending
If you know what you’re spending your money on, then it’s easier to see where you’re over- or underspending.
One way to do this is to record and categorise every transaction. You can either start a list or spreadsheet where you write it all down, or you can pay only with your debit card or via digital channels.
The reason for using you card is that all these transactions are then recorded and available to review on your account statement. More than that, card swipes at tillpoints are free of charge, whereas cash withdrawals can attract fees.
Paying cash also has the disadvantage that it’s easier to lose track of what you bought and what it cost.
Another way to lower the chances of overspending is to plan before heading off to buy groceries
If you’re a Nedbank client, you can use the user-friendly MoneyTracker functionality on the Nedbank Money app.
This handy tool allows you to track your spending, create budgets and set financial goals with hardly any effort. Best of all, you can automate savings through the app, paying a set amount into your savings accounts as soon as you get paid every month – so it becomes one of the ‘essential expenses’ in your budget.
Tip 2: Set a weekly spend cap
Breaking up your monthly budget into weekly spending goals is a great way to stick to your budget more easily. A smaller, closer goal every week puts every purchasing decision into the context of: can I afford this? Will this blow my weekly budget?
And if you do blow your budget, that means that next week’s budget must be smaller if you hope to meet your monthly goal.
Being strict with yourself takes a lot of discipline, but you’ll thank yourself later when your financial stress levels drop.
Tip 3: Don’t go shopping without a list
Another way to lower the chances of overspending is to plan before heading off to buy groceries.
All you need is a list of what you need to buy, and how much it will cost. If you see that it’s going tip your budget into the red, then either delay buying certain items, or sacrifice some items the next time you go grocery shopping.
Buy only what is on the list. Buying anything else is sure to blow your budget, unless you give up buying other items of the same value.
Tip 4: Avoid temptation
You’re less inclined to spend money fruitlessly if you’re not tempted, or once you appreciate the benefits of not overspending.
So, if you’re prone to buying whatever you see because you believe you HAVE to have it, then avoid malls or online shopping sprees that might tempt you.
And unsubscribe from marketing emails from anyone advertising special deals that will be too appealing to resist. These include daily deal newsletters and online platforms. Their job is to get you to spend money at a time when this is exactly what you should be avoiding.
Until, of course, your budget is under control and you allocate certain spending in every month’s budget for ‘frivolous’ or ‘special deal’ spending. And why not? You deserve to spoil yourself if you’ve proven you can remain disciplined and stick to your budget.
