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, […]
Avoid Excessive Borrowing
How to Recognise the Signs and What to do Next If you have debt, then you are not alone. The latest research by the Organisation for Co-operation and Economic Development (OECD) shows that household debt is growing in almost every country in the world. However, you can be in debt yet still be financially healthy. […]
Beware of Scams and Fraudulent Activity
How to Avoid the Most Common Financial Threats Financial fraud is on the rise throughout the world. How It Happens There are many forms of fraud, scams and financial theft. Three of the most common forms include: According to KPMG’s Global Banking Fraud Survey in 2019, 61% of banks surveyed reported an increase in financial […]
How to Free-Up Funds
Creative Ways to Reduce Your Expenses Sometimes we may not earn enough money to cover our expenses, and we may have to borrow money to pay the bills. For others, even if we are living within our means, finding the capacity to start saving for a healthier financial future can be a challenge. If this […]
Living Within Your Means
Tips on How to Stay Out of Debt and Save Some people say that the key to managing money well is to ‘live within your means’. You need to make sure that your monthly costs and expenses are less than your income, which is the amount you earn after taxes have been taken out. If […]