Having a goal makes managing your personal finances much easier. You can focus on what you need to focus on, and it suddenly moves away from being an academic exercise to something that you can envisage moving you closer and closer to your goals.
Here you can find a collection of articles looking at how you can achieve your financial goals.
If you’re looking to buy a car in the UK, it’s important to be aware of how much it’s going to cost you. There is a range of different costs associated with owning and running a car, from fuel and insurance to tax and repairs. In this article, we’ll take a look at each of […]
How Much Does It Cost To Own A Car UK Read More »
Investing is the more glamorous side of personal finance. But it can seem like an unapproachable world. Suits, trading floors and stock charts all come to mind when you are unfamiliar with the world. One of the most common questions we hear is; “how much should you invest as a beginner?”. After you read this
How Much Should You Invest As A Beginner? Read More »
Attaining the title of “millionaire” is an aspirational goal for many. Lots of people want it. Some people become a contestant to try and win it. Many think that once you reach the fabled millionaire status your financial freedom is assured. But what even is a millionaire anyway? What makes you a millionaire UK Definition
What Makes You A Millionaire (UK) Read More »
Unsure of what “good” looks like when it comes to saving from your paycheck? You’re not alone. Even though personal finance is, you guessed it… personal, it sure does help to have some guidelines to keep it simple. A simple rule of thumb can easily answer the question; “what is a good percentage to save
What Is A Good Percentage To Save From Your Paycheck? Read More »
Saving £1000 a month is quite an iconic milestone for many of us. A big fat juicy round number which tells you you’re well on your way to financial security. Not to mention a fast-growing savings account balance to boot. But, is saving £1000 a month good? Personal finance is personal. Therefore I’ll help you
Is Saving £1000 a Month Good? Read More »
You’re not alone. Living with debt has become a common issue for people in the UK, with The Office for National Statistics data showing the average household has £2,204 of credit card debt alone, with the annual interest payments on debts gobbling up 3% of average earnings. The fact you’re here shows you want to
17 Actionable Tips on How to Pay Off Debt Faster Read More »
Hello there good reader! I’m proud to announce that I have re-branded my site. No longer are we Personal Profit. We are now The Mindful Money Project! Why have I made the change? There were a few reasons why I made the change, other than being chronically indecisive! 1. Blogs in the same space with
Personal Profit is now The Mindful Money Project! Read More »
Your 20s are a fantastic period of time. You’ve finished uni and, hopefully, put your skint student days behind you by landing your first full-time job. You’re finding your feet in a career and enjoying the new disposable income you’ve got. I’ve still got a few years left of my 20s, but a conversation yesterday
The 7 biggest finance mistakes young professionals make in their 20s Read More »
Have you just come into some excess or spare cash? Maybe an inheritance, a bonus payment or a lottery windfall? Even though your first urge may have been to run out and buy all of the things you’ve been looking forward to, the fact that you’re here searching “what should I do with spare cash?”
What should I do with spare cash? Read More »
Even the word “budget” may evoke a deep-seated sense of fear, anxiety and loathing, but I’m an absolute believer in a budget as the cornerstone of your personal finances. Budgets have a bit of a reputation problem. I want to change your mind about a budget and not see them as a negative (with edicts
What are the benefits of budgeting? Read More »
