I hadn’t heard of a no buy year until the start of last year when I saw some people announce they were doing it on Instagram, and since having watched their progress plus seen their savings, it’s made me begin to look into this topic a little further. As an eco-conscious person, I loved the idea of people saying no to all of the ‘stuff’ and making do with what they already owned and then I realised that this is exactly what our planet needs – more people choosing to do a no buy year. You see, once you eliminate the extra waste, the non-essential consumerism, the disposables, the need for wanting more, you are helping our environment as well as your own pocket and here’s how…
I think 2020 was quite a wake-up call for many of us in terms of the way we live, spend and consume. Having changed our lives to live more sustainably over the last couple of years, my mindset had already begun to change to think about consumerism and last year made us change even further. Due to this, we have saved far more money, we’ve had fewer financial worries and I am finally staying well above my overdraft which has been something I have always had to rely upon. So what can you do to make positive steps towards having a healthier bank balance? Here are my 11 ways that should help you to save money this year…
Money stress – it’s one of the worst feelings in the world. Not only does it have a horrible impact on your day-to-day life, but it can also damage your long-term health, your relationships, your spirit, and your job. Worrying about money can make everything less enjoyable and difficult to focus on. If you feel stressed about money, look out for these signs that it’s getting the better of you and take some steps to help yourself.
Whether you have money burning in your back pocket or are starting to feel a pre-Christmas pinch, we all want to know the best way to handle our hard-earned cash.
With lockdown two in full effect and redundancies high, people more than ever are struggling with the best ways to deal with their incomes. Should I save for a rainy day? Should I invest what I’ve already got? If I want to invest, where do I start? All these questions are completely normal and surprisingly they have far easier answers than you may expect.
When you start a family your first natural instinct is to protect them and of course, the main way that comes to mind is to do so physically but there are other ways in which you can protect them especially if something happens to you. Being able to secure their future financially is imperative but with so many policy choices available what do you opt for? Life insurance is one choice but perhaps a family income benefit would be more suitable to you and your family?
It’s not a secret that kids don’t know anything about the value of money – that is until they learn it from you. If you don’t talk to them about money and make an effort to demonstrate how they should treat it, they will learn from you regardless. Badmouth money? Your kids will likely develop a negative relationship with it. Don’t spend money wisely? Your kids will see that money should be spent on impulse purchases and whims. If you want to make sure your kids grow up with a positive and sensible attitude towards money, read on. Continue reading “A Guide To Teaching Your Kids The Value Of Money”
Okay, so life might be all sunshine and rainbows at the moment. But what happens if disaster strikes?
Your car might break down, one of your family might be involved in an accident, and particularly if you’re living in the UK, Brexit might negatively affect your finances. Should your family find itself in a financial crisis because of these or any other reasons, then life will become more of a struggle. How will you pay the bills? How will you put food on the table? And just how will your children cope when they can’t watch Ben and Holly if you have had to cancel your Netflix subscription? Okay, we jest on that last one, but you get our point. When your financial situation is put in jeopardy, your family will suffer in varying ways. Continue reading “5 Ways To Protect Your Family From A Possible Financial Crisis”