When it comes to financial habits, budgeting, saving, and setting important goals are all well and good. However, mostly they look at the money that we spend actively. Modern life tends to be a little more complex with that, with many of our transactions being done automatically. As such, it’s important to have a “money day” once a month that looks at where your money is going without you actively spending it. Here, we’re going to look at what you should do with your money day. The Danger … [Read more...] about Why You Should Have a “Money Day” Every Month
saving money
Key Ways to Handle a Financial Emergency
During your lifetime, there are all sorts of occasions when a financial emergency could arise and you need to deal with it quickly. It could be that you lose your main source of income, you are hit by an unexpected bill or economic conditions put your business in danger. Whatever the case, you need to make sure that you bounce back and get back on track financially at the earliest possible opportunity. So, in this blog post, we are going to be running through just a few of the best ways that you … [Read more...] about Key Ways to Handle a Financial Emergency
How to Learn From Your Money Mistakes
No one can go through life without making any money mistakes at all. But problems start to arise if you don’t learn from them. Unfortunately, there are too many people out there who continue to repeat the same errors again and again. To stop yourself from becoming one of them, you need to make a special effort to recognise when you have made a mistake and vow to do things differently next time. Whether you have just made a small mistake or something that is more long-lasting, there are always … [Read more...] about How to Learn From Your Money Mistakes
4 Times You Should Transfer Your Credit Card Balance
Unpaid credit card debt can hang over your head and feel like a constant burden. High interest rates may also cause you to feel as though it's difficult to dig your way out of debt. One potential solution for this financial situation is a credit card balance transfer. If you're disciplined in making on-time payments, this strategy can help you pay down your debt faster. Explore the following four scenarios in which transferring your credit card balance can be a great way to improve your … [Read more...] about 4 Times You Should Transfer Your Credit Card Balance
‘Money In The Bank’ Doesn’t Mean What It Used To
There will always come a time in your life when you have to start thinking about investments. Perhaps you have found that you have built up a solid amount of savings over the years and now you are faced with the decision of what to do with it. Or, maybe thinking about the future has started to worry you and you’re wondering whether you have enough money for a happy retirement. You’re supposed to save about a third of your money each month, but that’s not where the process should end. After you … [Read more...] about ‘Money In The Bank’ Doesn’t Mean What It Used To
