Finance
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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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5 Weird (& Wonderful) Things I’ve Done For Money
Now I won’t go so far as to say I’d do anything for money but my limit is quiet high. One of my friends recently told me that when her mum was asking what I was up to now, she replied with “erm I’m not actually 100% sure, but if it makes money, Jess is doing it”. Pretty accurate. I have jumped on some very random money making opportunities that have come my way over the past couple of years. And today I’m sharing my top five with you! Now, most of my side hustle experiences have been typical – the boring surveys, getting a second (& third) job, starting…
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£10k Side Hustle Challenge – Month 1 Update
In 2024, I am embarking on a 10k Side Hustle Challenge. Ten grand. Even writing that down seems INSANE! But I’m very optimistic that I will smash this goal! My last side hustle challenge was to make £5,000 by the end of my gap year to match my spending budget. I had initially thought it would take the whole year to achieve but incredibly I smashed that goal in 7 1/2 months. That means the goal I set was too easy so I’m doubling it. The Rules This year I will have two main sources of income, my summer job and my winter job. And as this is a side hustle challenge…
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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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£10k Side Hustle Challenge – My Big Goal For 2024
I LOVE a money challenge!! Like obsessed! I’m highly motivated by goals, streaks and money so the perfect combination of these three is a side hustle challenge. Sign me up! I like to have one on the go at all times to keep me focused and motivated. So when 2024 rolled round and I didn’t already have one in mind, it was time to go to the drawing board. And within minutes my new challenge was decided. In 2024, I am challenging myself to side hustle £10,000. Ten grand. Even writing that down seems INSANE! But I’m very optimistic that I will smash this goal! My last side hustle challenge…
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20 Income Streams I Had In 2023 – Full Earnings Breakdown
2023 was my first full year out of education since I was 3 and it’s definitely been an unconventional year. I brought the new year in in a car park in Seattle watching the space needle fireworks and ended the year in the pub I worked at whilst at uni. An ending I never saw coming but soon became one of the best decisions I’ve ever made! I spent the majority of the year travelling full-time and living off a pot of savings. I was still dabbling in a variety of side hustles and ended the year with money coming in from 20 different avenues. Crazy. Plus the total took…
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9 Big Goals I Want To Achieve In 2024
Setting yearly goals has been something I’ve done consistently for the past 4 years and 2024 is no different! I’ve set around 30 goals that I want to achieve over the next year but they can be narrowed down to these 9 main goals… READ 100 BOOKS I set the same goal last year and ended the year on 159 books finished. I did consider upping my reading target for 2024. However I foresee this year being a little bit busier than last year so I’m sticking strong at 100 books. That’s an average of 8 books a month which sounds incredibly doable. TRAVEL TO 10 NEW COUNTRIES I have…