Budget & Save
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How To Spring Clean Your Finances
The days are getting longer, the nights lighter, the flowers are making an appearance – spring is in the air. It’s the perfect time to spring clean your finances! Whether you’re feeling a little overwhelmed by your finances right now or you’ve got it down to a fine art, you’ll find benefits from investing the time to go over your finances. Take an hour and do these six things to spring clean your finances and instantly feel more financially confident… Review your budget This is the perfect time to review your current budget and sure it is still working well for you. Budgets shouldn’t be set in stone. They should…
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24 Valuable Sinking Fund Ideas For Your 2024 Budget
Sinking funds are a great tool to have in your budgeting arsenal. They are essentially a pot of money that you save with the intention of cash flowing either a pre-determined or foreseen purchase. You can incorporate them into your budget a bunch of different ways and for an unlimited amount of reasons. To get some ideas going, here are 24 sinking fund ideas for your 2024 budget… Christmas 2024 It’s never too early to start saving for Christmas! If you celebrate, this is an expense that crops up at the same time every single year. So get organised early. The sooner you start putting money away to cover your…
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4 Ways To Incorporate Sinking Funds Into Your Budget
The classic use of sinking funds is adding the same amount each pay check until you reach the goal. But what if I told you this isn’t the only way to use them. Sinking funds, like all budgeting tools, are meant to be adapted to fit you and your personal budget. It’s not a one size fits all. Great news for people with a variable income!! Now you might be a little confused and have no idea where to begin or how to change the concept. So let me show you 4 different ways you can incorporate sinking funds into your budget… Put money aside each month to cover annual…
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5 Reasons Why Credit Cards Are My Favourite Payment Method
I am 100% team credit card for a number of different reasons. And today I’m going to share five reasons behind why I try and pay with a credit cards for everything possible. Warning: credit cards are an amazing financial tool if used RESPONSIBLY!! Don’t charge things to a credit card that you can’t afford to pay off IN FULL!! This article is talking about how I use credit cards as a financial tool. I have never carried over a balance, missed a payment or paid a penny of interest in the four years that I’ve been taking advantage of credit cards! Ok with that important warning out of the…
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The Best Classic Budgets To Test Out
Budgets are the cornerstone of any financial journey but they are not a one size fits all. There are a few suggested methods pushed around out there which are the perfect place to start. Then once you have a better understanding of how your money flows and the best budget for you, you can customise your own budget. The best place to start would be by testing a few of the classic budgets out there to see what you like and what you don’t like. Here are three classic budgets to try… 50/30/20 50% for needs, 30% for wants and 20% to savings. This is what the 50/30/20 budgeting rule…
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5 Easy Steps To Save For Your Next Adventure
Have big dreams of travelling the world? Want to step foot in every country? Have plans to backpack South-East Asia? Inter-rail across Europe? Have all these grand plans but no idea where to start saving for your next adventure? This is the post for you! Here’s a simple five step process to save for your next adventure… Do your research The first step before you can save, like with anything, is the research phase. Research where you want to go, how long for and then infer from this how much you reckon you’ll need to cover the adventure. Blogs and vlogs are a great (and free!) resources to start your…
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Lifetime ISA: Best Way To Boost Your House Deposit!
Already saving for your first house or want to start? This account is the perfect place to keep that money! You know why? Because the government will give you an additional £1000 each tax year just for saving your money there. Cool right! So what is this magical account? The account you need to look into is called a LISA… What is a LISA? LISA stands for Lifetime Individual Savings Account. It is the scheme that was introduced a couple of years ago to replace the Help to Buy scheme. It’s essentially the new and improved Help to Buy. You can add up to £4,000 into the account each tax…
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How To Save Money On Subscriptions
Netflix, Spotify, Disney+, Amazon Prime, oh and don’t forget about Kindle Unlimited – subscriptions can add up very quickly and before you know it you’re paying out hundreds each month for something that is often seen as an essential but is simply entertainment. But you don’t have to settle for paying full price. Here are a few tips & tricks on how to save money on subscriptions… Get A Family Account Whilst more expensive in terms of the money value, Family Accounts are often cheaper than multiple individual accounts. Grouping together with a few others and getting a Family Account then splitting the cost can work out cheaper for everyone.…
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24 Money Challenge Ideas for Your 2024 Challenge
A money challenge is a fab way to gamify saving (or making) more money. And if you’re anything like me, that gamification is the key to keeping you motivated and more likely to actually succeed. Want to start a money challenge in 2024 but don’t have an idea? This is the post for you. Here are 24 ideas for you to take inspiration from… SAVE £2024 IN 2024 I saw a version of this money challenge on instagram (cannot for the life of me reminder what account but it was on my explore page) and absolutely love the idea! Set up a specific pot or account and aim to save…
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How To Create A Simple Habit Tracker On Notion
I first heard about the book Atomic Habits by James Clear back in 2021 but dismissed it as a boring self help guide I didn’t need to bother reading. Fast forward 3 years and I still haven’t read the book but I have been using some of it’s techniques for over a year and I have noticed a massive different. Both in my daily productivity and in how I felt day-to-day. Having habits that I want to achieve each day gave even the laziest of days a purpose. A tick list for me to complete so every night when I went to bed I didn’t feel like I’d wasted the…
