Tips for handling money
Is your money always burning a hole in your pocket? Spending isn’t wrong, but it pays to be on in control of your cash. Try out some of our top tips today.
Our personal budget planner can help you to keep track of money coming in and out, but there’s lots of other ways that you can make your money go further.
- Hey big saver! Whether its £100 or £1, saving money every month is a good habit to get into. If you’re disciplined enough to transfer it automatically into a separate bank account every time you’re paid, not only will it feel easier, but will also help you work towards your goals. Whether it’s a house, car or providing for your family, having that little bit extra gives you security.
- Bills bills bills. No one enjoys opening bills, but it’s important not to get behind. Reading into how you’re spending your money – whether that’s electricity, phone usage or shopping –will also highlight areas where you can pull back and start saving.
- Shop around. To find the best price on items takes time and organisation, so do both and enjoy the rewards.
- Do I really need it? Asking yourself this question will help you to think about your purchases and potentially save money. For example, if you’re buying a coffee at the station every day, why not make your own in the mornings a few days a week to avoid falling into a spending trap. Prioritise. If you have debts to pay, speak to a professional about how these can be streamlined into easy payments and make sure these are one of the first things to be done each month