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…
-
-
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…
-
Managing money effectively is one of the greatest challenges involved in running a business. Statistics show that up to 50% of new businesses in the US fail within five years. Financial issues are among the most common causes. In this guide, we’ll outline some key steps to help you steer clear of trouble and help you manage your money. Learn to Budget From Day One Budgeting is the cornerstone of effective money management. Drawing up a monthly or quarterly budget will help you monitor your income and outgoings, track spending and allocate funds while reducing the risk of cash flow…