The bit in between Christmas and new year is amazing for looking at your finances.
Especially if you have been paid early.
Think about how you want your money to look next year.
Sit down and write everything down.
How much money you have coming in, how much you have going out, on what days, how much.
Write down your debts, starting with the lowest to the highest. Write down the interest rates.
Look at your bank account. And work out how much money you have to last you until next pay day.
It may take a couple of hours but I can promise you it will help you to feel more in control.
Open a bank account where you can set up pots.
Starling or Monzo are great for this. And open a plum account and set up some saving rules.
Take a look at something to help you to save and improve your credit rating. Loqbox is brilliant for this.
Start writing down what you spend money on.
Analyse your spending. This will help you to know where your money is going.
Set some goals. What are you looking to achieve? Do you want to save for a holiday? Or a deposit?
By using this time to focus on some clear money objectives you can go into next year feeling more in control and having a plan.
Could you be cash stuffing? Discount hunting? Using a money planner?
Think… what can I do to make my money go further?
If you want something, think about how you are going to get it!
And stop telling yourself you are bad with money.
You’re not! Xx
Especially if you have been paid early.
Think about how you want your money to look next year.
Sit down and write everything down.
How much money you have coming in, how much you have going out, on what days, how much.
Write down your debts, starting with the lowest to the highest. Write down the interest rates.
Look at your bank account. And work out how much money you have to last you until next pay day.
It may take a couple of hours but I can promise you it will help you to feel more in control.
Open a bank account where you can set up pots.
Starling or Monzo are great for this. And open a plum account and set up some saving rules.
Take a look at something to help you to save and improve your credit rating. Loqbox is brilliant for this.
Start writing down what you spend money on.
Analyse your spending. This will help you to know where your money is going.
Set some goals. What are you looking to achieve? Do you want to save for a holiday? Or a deposit?
By using this time to focus on some clear money objectives you can go into next year feeling more in control and having a plan.
Could you be cash stuffing? Discount hunting? Using a money planner?
Think… what can I do to make my money go further?
If you want something, think about how you are going to get it!
And stop telling yourself you are bad with money.
You’re not! Xx
