Month: September 2020

why starting to save young is so important page title

Why starting to save when you’re young is so important (I wish I did more of it!)

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. …

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how to create a budget in excel

How to create a personal budget in Excel that’ll even impress your accountant!

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 …

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delightful sunset vista introducing the 7 tips to help you stop living paycheck to paycheck

7 tips for how to stop living paycheck to paycheck

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 …

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how big should my emergency fund be?

How Big Should My Emergency Fund Be?

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, …

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average food budget in the uk - how do you compare?

Average Food Bill Per Month in the UK – How Do You Compare?

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 …

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how to calculate your savings rate uk

How To Calculate Your Savings Rate (Your Personal Profit!)

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 …

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How I Paid Off £2,000 in debt and saved £9,000 in less than a year

How I Paid Off £2,000 Debt and Saved £9,000 In Less Than One Year

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 …

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