As much as you might think that kids don’t cost that much in life, it’s quite the opposite. The average cost for a child over the eighteen years or so they’re in your care is a whopping £166,000. That’s not pocket money for most people, and therefore, how you manage your finances is important to ensure you don’t go bust. With that in mind, here are some helpful tips to manage your finances with kids so that you’re making conscious decisions with your finances that won’t break the bank – too much. Set yourself up with an efficient budget spreadsheet First…
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We’ve all been there. You glance at your savings account, and it hits you — it’s just not enough to cover that emergency expense or that dream purchase you’ve been waiting years to make. It might be a health emergency, an urgent home fix, or a well-deserved vacation, but sometimes your savings aren’t enough, and you can feel the panic creeping in. In this piece, we’ll cover several strategies that can help you get back on your feet when your savings are dwindling. From better financial planning to making small but impactful spending adjustments, let’s cover tangible tips that can…
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Money market accounts are a great tool for maximizing your savings and earning higher interest rates. In this guide, we’ll break down everything you need to know about these accounts, including what they are, how they work, and tips on how to make the most out of them. Now let’s dive in and discover all the benefits that a money market account has to offer! What is a Money Market Account? A money market account (MMA) is a type of savings account offered by banks and credit unions. It combines the benefits of both checking and savings accounts, allowing you…