Spend Wisely
Be In Control of What You Spend On Bills, Savings and Debts When you have competing demands for your money, it can be hard to make good decisions about what to buy and how to spend. You may find it helps to put your expenses into Needs, Wants and Savings or Reducing debts. Needs These are the unavoidable […]
Saving For Your Future
Start Planning For The Later Stages Of Life Research into global attitudes to saving and investing showed that as many as 75% of people are not regularly setting aside money for when they retire, and only one in four feels that they have sufficient savings to cope with the unexpected. But there is good news […]
Protect What Matters
Protect The Things That Matter The Most To You Insurance is designed to protect you against some of life’s risks. Some insurance may be compulsory, like car insurance (if you drive) and buildings insurance (if you have a mortgage). Other insurance is voluntary and can protect you and your loved ones against almost any eventuality. […]
Manage Existing Debt
Smart Ways to Reduce What You Owe Being in debt costs money. There may be fees for taking out a loan or a credit card. That’s why minimising debt, as far as possible, is essential for your financial wellbeing. If you are struggling with the high price of debt, you have several options: Many people […]
Getting Financially Fit
Find Out About What Being Financially Fit Means If you feel financially secure and can achieve your financial goals, then you may consider yourself financially healthy. Financially healthy people tend to share several characteristics: Even if you already practice many of these healthy habits, there’s always room to improve, and you may even increase your […]
Building Emergency Savings
Put Money Away for Those Unexpected Events You may be able to meet your needs and expenses each month, but how would you cope with an emergency or unexpected cost? What if your car breaks down, you lose your job, or face an unexpected bill? Putting money aside for emergency or unexpected costs isn’t easy, […]
Understanding Credit
Credit means borrowing money and paying it back, often over time, and usually with interest added. Throughout your life, there may be times when paying for things with credit would be helpful, and others where it would be challenging to pay by any other means. For example: As a general rule, try to avoid using […]
The Importance of Saving Early
If you’re young or have only just started out in your chosen career, your retirement may seem a long way off. You might think that you have plenty of time in the future to put savings aside for your retirement, and that you don’t have to worry about it for a few years. In fact, […]
Money and Your Mental Health
Studies throughout the world show that money problems and mental health are linked, and in many countries, young adults are most likely to experience mental health or well-being issues linked to money. Money worries can affect a person’s mental health, and a person’s mental health can affect their finances, resulting in a cycle that can […]
Learning to Set Financial Goals, Budget, and Repay Debt
Becoming an adult can be associated with several financial ‘firsts’ – for example, you may want to save up for your first car, or your first vacation. Or perhaps you have longer-term goals in mind, like a down payment on a home or starting a family. At the same time, you may be paying rent, […]