I’m sure most people are in the same camp as me, but I regret not starting to save more when I was younger. I would manage to be disciplined and save up some money, £500 or so, and then have one big blow out and buy a laptop or something else I probably didn’t need. …
Why starting to save when you’re young is so important (I wish I did more of it!) Read More »
I used to think the only way to riches was a top job in a boardroom, lottery win or making it as a top sportsman (spoiler: I suck at football). You’d be gutted if my conclusion was “yes, become a top footballer or win the lottery”, but I’m glad to say that isn’t the case. …
When creating a budget, using a spreadsheet app like Excel makes the whole job much, much easier. Today, we’ll look at how to create a budget in Excel, along with a free template I’ve built to help you fill out yours. As an accountant, I spend most of my time in Excel, and I bloody …
How to create a personal budget in Excel that’ll even impress your accountant! Read More »
With nearly 17% of jobs getting paid weekly, you’re certainly not alone in trying to fit budgeting advice, designed for people who are paid monthly, to your weekly-pay situation. I must admit, I’m guilty of writing most of my budgeting tips with monthly-paycheckers in mind, but in this article, I’m going to set that straight …
Lobster at the start of the month and baked beans at the end? Living month to month for too long becomes very, very tiring. Not to mention unproductive for your personal finances. Let’s discuss how to stop living paycheck to paycheck! First, let’s take stock So you can’t get through the month with money left …
7 tips for how to stop living paycheck to paycheck Read More »
Ahh the emergency fund – the safety net of all safety nets. Everyone tends to overlook this fund’s importance in improving your financial situation, but even when you’re a believer in an emergency fund, you probably still ask yourself; “how big should my emergency fund be?”. This article should help break it down! But first, …
Maybe you’ve been gifted some cash or come across a windfall. Or you’ve engineered yourself into the glorious position of making a monthly personal profit (i.e you have savings available – congrats by the way!) and you want to know how to best direct your money. You ask yourself, “should I save an emergency fund …
Should I Save an Emergency Fund or Pay Off Debt? Read More »
It is often quite difficult to figure out whether your budgeted weekly food budget figures are actually reasonable or not, especially when you are basing your budget off of your own previous spending patterns. This is a classic weakness to using your previous expenditure as the starting point in budgeting. One way to counter this …
Average Food Bill Per Month in the UK – How Do You Compare? Read More »
At its core, your savings rate is a fairly simple mathematical expression which is your personal profit divided by your income. In this article we’ll take it deeper and walk you through exactly how to calculate your savings rate so that you can be confident you’ve calculated it correctly. What is a savings rate? In …
How To Calculate Your Savings Rate (Your Personal Profit!) Read More »
Everyone loves a good story, and even though this is a far cry from the dizzying heights of some people’s success stories, I am pretty proud of the last 12 months and am continuing to accelerate my savings so the next 12 months should look even punchier. I’m hoping this story will help inspire some …
How I Paid Off £2,000 Debt and Saved £9,000 In Less Than One Year Read More »
