Collaborative Post¦ Summer’s just around the corner and so is that family holiday. You’re already budgeting and saving like a pro, right? If you’re not, or you’re wondering how to get your spending money together before August, you can find out more about cutting costs and budgeting from Creditfix. Once you’re all wised-up, you can check out these other brilliant hacks.
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Struggling financially? Take some simple steps for a better future
Collaborative Post¦ According to the most recent government statistics, over 14 million people in the UK are currently living below the poverty line. That’s more than one in five of us. To put it into context, that’s twice the number of people who are left handed, and three times the number that are vegetarian.
How strange, then, that while being a “leftie” (from a dexterity perspective – no politics here!) or a veggie are common topics of discussion, poverty is the elephant in the room that nobody wants to talk about. 14 million is too big a number to ignore, though, so if you’re struggling to make ends meet, perhaps it’s time to face the challenge head on.
Sorting Out Your Finances? Here’s How to Do it
Collaborative Post¦ We can all need a helping hand once in a while and especially when it comes to our finances. Maintaining a financially healthy home is, in fact, often easier said than done and many people before you have struggled with making the ends meet.
Image by: Pexels
Even if it’s not at this point for you, yet, it’s still an excellent idea to figure out how you can live a bit more within your means. It doesn’t even have to change your lifestyle all that much as long as you’re able to make a few priorities and pinpoint what you can do without.
Here is a handful of tips to help you sort your personal finances out once and for all so that you can feel a bit calmer at night. It’s the kind of stuff that makes your home a bit happier too, though, and it will definitely be worth it, in the end.
Encouraging your kids to have good spending habits
AD Road safety? Check. Stranger danger? Check. Healthy eating? Check. Why we brush our teeth? Check. The importance of good spending habits which you can apply later in life? Erm…. maybe not. It’s not an easy subject to tackle with younger children… in fact, most adults find the prospect of money management relentlessly dull. And not all of us have been lucky enough to have money or investments put aside for us by our parents or family members – click here to find out more about investments and the latest trends – so life itself tends to be a bit of learning curve when it comes to our finances.
With this in mind, we’ve come up with some super simple ways you can teach your children about the importance of good spending habits, without boring them (and yourself) in the process!
4 times I’ve needed money fast
No matter what your walk of life is, I’m sure you’ve experienced times in your life that you’ve needed money fast. Perhaps you’re in that situation now? I’ve read that it’s generally a good idea to have at least three times your monthly salary saved up in the bank in case of an emergency. However, many people simply don’t have this, or even any savings at all. So what do you do if you need money fast? Life is unpredictable and sometimes you need cash quickly. I can think of 4 times over the last few years that I have!