Unfortunately, around 61% of UK adults aren’t financially independent, and 15% think that it’s not something that they can achieve. However, it is possible for anyone and everyone to become financially free. Have a look at the tips below and it could lead you to retire early or cut the cord from credit or family support: Set Realistic Goals You need to know exactly what you are aiming for. Financial independence is definitely a realistic goal, however, you need to have other goals to get you there. Do you want to own your … [Read more...] about How Can You Become Financially Independent?
The pandemic is changing everybody’s lives. But just because the world around us is chaotic doesn’t mean your budget has to go into the red. We’ve gathered our best money-saving tips to help you stay calm, cool, and collected during these uncertain times. Keep reading for our best budgeting tips. Don’t be hasty with your investments If you have stocks but you’ve seen them drop in recent days, it’s wise to reach out to financial advisors from trusted companies, like broker dealers from Cetera. A financial expert can help you strategize … [Read more...] about 7 Steps to Stay Within Your Budget
If you sometimes dread checking the mail, solely because you know it contains a multitude of bills you can’t pay just now, you’re definitely not alone. Constant bills are a source of dread for pretty much every adult, and those bills aren’t going away; they’re only getting worse. The cost of living, including necessary utilities like power and water, are increasing on the daily, but the reliance on these services will never dwindle. With many people, including those who are educated and have “good on paper” jobs failing to make a living wage, … [Read more...] about Two Ways Everyday People are Cutting Back on Bills
Face it. Setting up a budget and paying attention to what you’re spending can be difficult. It’s time-consuming, places restrictions on you, and is something that always seems to be on tomorrow’s to-do list. It doesn’t need to be that way though. When a budget is done right, having control of your money is quite empowering and can assist you with reaching your financial goals. You might even take out a small personal loan to consolidate some debt and pay it off easier. A budget can even assist you with planning for the occasional guilt-free … [Read more...] about Creating a Budget That Works for You
Money management is one of those things that pretty much no one is completely “comfortable” with. Even if you feel like you’re on top of things, it is all but inevitable that you will sometimes spend more in a particular budget category then you should have, that you will have less money coming in than you thought you would on a given month, or that you will have forgotten about a large annual expense – at least from time to time. Nonetheless, when it comes to securing your well-being, and that of your nearest and dearest, being able to manage … [Read more...] about Why an Envelope Style Budgeting System Might Be a Lifesaver