You might be surprised to know the way you’ve looked at your money in the bank might be all wrong. As a general rule, we encourage everyone to have an emergency fund in their budget for a rainy day. This can be 3 to 6 months’ worth of expenses stashed away in a bank savings […]
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A Budget is the quickest and simplest tool you can use to fix and control your household finances. They say a goal without a plan is just a wish. The plan itself is a budget and failing to have a basic budget simply wishes away your money goals. That house you want isn’t coming, the […]
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The average cost of raising a child in the UK, including housing and childcare from birth to 18 years old, is £202,660. That’s £11,258 a year. We can sympathise with lower-income households because the UK poverty line for a two-parent household with two children under the age of 14 is £20,099 per year. I’ve come across […]
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Applying meaning to your money is all about intentionally labelling every pound you earn with a set goal or task in mind. Don’t get me wrong. It’s not to say you can’t enjoy your money. I assure you there is a label for that too. Money is more than just currency; it represents value, choices, […]
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We all know what being cheap is and it’s normally associated as a bad personal trait to have among peers, friends, and family. As financially savvy parents on the other hand we ought to be frugal. Cheap individuals prioritise short-term savings, even if it means sacrificing quality or convenience. Frugal people find ways to go […]
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