The first priority is to reduce your expenditure on things you wont notice, like cutting your debt interest rates, gas & electricity bills, changing the phone provider, using shopping robots to cut the cost of buying stuff and the hundreds of other cost cutting techniques listed on www.moneysavingexpert.com (or the Money Diet book).Be ruthless and put the work in - it's needed. Once you've done this blitz of your finances, then redo the expenditure sheet and see if you're any nearer matching your income.

If you are still overspending your real income, it is time for more radical surgery. Use the "Desired" expenditure part of the expenditure sheet to rework your budget and what you can really afford to spend - until you are doing it correctly. There are no excuses here, if you continue to overspend you will end up in debt crisis - a hideous situation. Act now and you can rescue your pocket.