Introduction Every little count more than ever especially with all that is presently happening with the cost of living crisis. Maximising income is as important if not more than just keeping costs low. One of the things I learned from reading the millionaire next door was that rich people minimise their tax bills. Controversial as … 7 ways to reduce your PAYE tax (UK) bill Read More ..read more

A sinking fund is a fund used to set money aside to fund/meet a future obligation. It is commonly used by big organisations to set money aside to repay obligations such as bonds. There are a lot of applications of the sinking fund method to personal finance. Applying the same concept, you can use your … This is why you need a sinking fund Read More ..read more

Financial anxiety is a common phenomenon, especially among millennials. It can be caused by a variety of factors, from not having enough money to save up for emergencies to not knowing how to invest in the future. The cost of living is to reach the highest levels since 1992 with inflation predicted to hit a … how to reduce financial anxiety and improve your finances Read More ..read more

Do you ever wish you could just take some time off this adulting business? Check out from all responsibilities, have someone else worry about what you eat whilst ensuring that it’s healthy, decide what you wear and plan your schedule? You are not alone! There are days we all long for our ‘no responsibility’ childhood … Adulting 101: The Ultimate Personal Finance Checklist Read More ..read more

Ever wondered why it is easier to spend than save? Regardless of how hard we try, we still find ourselves struggling to save money. There are many reasons for this: the constant temptations and marketing campaigns, the lack of motivation, and even the fact that we’re paying more attention to comparing prices than looking at … 5 ways to turn saving into a habit Read More ..read more

Inflation is a general increase in the prices of goods and services. The Bank of England, which is the central bank of the United Kingdom, has been given a target by the government to keep inflation below 2%. However, inflation has risen recently to 3.2% in September 2021, which means that prices now are more … Inflation: 4 ways to protect your finances Read More ..read more

Habits, attitudes, behaviours are so important as they make up our actions and decisions or even indecisions and aid/prevent you from wealth building. There are many principles of wealth building. One principle is the ability to generate and increase your income. However, the ability to keep most of it and use it to generate more … 8 behaviours preventing you from wealth building Read More ..read more

Retirement Income planning is more important now than ever with the increasing cost of living and rising inflation rates. ⁣⁣What’s more, it’s never too early to start planning your retirement as the earlier you start planning, the more time your money will have to grow in value.⁣⁣ Lately, I have been giving much more thought … Retirement Income Planning – How to Get Started Read More ..read more

Saving can be challenging when income is tight. These 4 quick and easy ways to make extra income can help boost those savings or put a little extra in your pocket to ease the pressure. I have used these money-making ideas to raise money for projects that I have decided not to fund from my … 4 quick and easy ways to make extra income (UK) Read More ..read more

In this post, I will be highlighting 5 ways to save money on a tight budget. Did you identify with the increase in household savings in the UK which was widely reported recently? Apparently, people have built quite a savings stash such that a nationwide spending spree is anticipated when lockdown is over. However, some … 5 ways to save money on a tight budget Read More ..read more