If you find yourself falling into the red on a monthly basis, it may be necessary to re-examine your finances and see if there are ways you can lessen your spending.
Budgeting more carefully: Spending in line with your earnings is a vital part of any solid financial plan and can ensure that you avoid even needing to dip into your overdraft. For some more helpful tips on budgeting please do take a look at our blog on effective budgeting here.
Using your credit card: A credit card may well offer more favourable interest rates than an overdraft, especially as you often receive an interest-free grace period of up to two months on a credit card.