What are your New Year Resolutions for 2019? Ones about money are common - how to save more, clear debts, improve your credit record etc. Some people scoff these resolutions. But it's a good idea to take a step back once a year and ask yourself what you would like to change in the next year. If you know where you want to get to, there is a better chance you will end up there! Though you do … [Read more...]
Budgeting and debt
Good budgeting is the cornerstone of dealing with debts. If your debts aren't out of control but you want to pay them off as quickly as possible, taking control of what you spend will help you get there faster. If you are struggling it's vital that you don't waste any money at all!
The basics are covered in Smarter Budgeting, then follow that up with some of these articles looking at specific areas.
A Money Detox – seven steps to improve your finances
Want to be better with money in 2019? If you eat and drank and sat on the sofa far too much over Christmas, you may be thinking of detoxing your body and making 2019 the year you get fit. A Money Detox is the same approach for your finances if your bank balance is looking sick and your credit cards bill looking bloated. You want to track and then reduce or get rid of the things that are … [Read more...]
Walking, yoga or run from the zombies? Cheap ways to get fit in 2019
Want to lose weight or get fit in 2019? Millions of people will have that as their main New Year's Resolution. Don't rush out join a gym... It's the most expensive of all the options and most people give up after a few weeks. Here are some suggestions, all free or low cost. The aim is to spend as little as possible until you find out what will suit you and fit with your life. Walk your way … [Read more...]
Sales bargains – 7 top tips avoiding the bad buys!
How do you spot the real bargains and avoid buying things you will later regret? The human brain is very good at processing lots of information fast by grabbing hold of important facts early on and letting them dominate decisions. That was perfect when we were out hunting for food and living in caves, but in a shopping mall or online it can go badly wrong! Lots of shouty Sale signs and money … [Read more...]
Christmas 2018 – keeping the cost down and the fun up
Here are some ideas to cut down what you spend this year on Christmas. It's not worth getting into more debt for one day which will make all of 2019 much harder for you. With just over a month to go this is a good time to be starting to plan. Finding ideas for cheap presents in mid-December can be too late to get them delivered in time - even Amazon Prime's one-day delivery often lets you down … [Read more...]
£140 help with your electricity bill in winter 2018-19
Are you worrying about how to afford the heating this year after the price rises in 2018? The good news is millions may be able to get £140 off their electricity bill through the Warm Home Discount scheme if they are on a low income. Five points for applying for a Warm Home Discount The key points for making a Warm Home Discount application in 2018 are: Pensioners do not need to apply, … [Read more...]
Expensive school uniforms and other school costs
Affording school uniforms can be very difficult for any parents on low incomes - if you are in debt it can be a nightmare. A Citizens Advice survey found that a quarter of all parents have to borrow money to afford uniforms. This isn't just a financial problem. Children who aren't wearing "the right uniform" are at risk of being stigmatised or bullied. Government is making the right … [Read more...]
Squirrel – a clever approach to budgeting
Do you have money problems because you get paid at different times to when your bills need paying? Or does your pay burn a hole in your pocket so you can't save? Here are some typical things I hear: "I get paid every 4 weeks and it's hard to make sure money is in the account when monthly direct debits come out"; "We spend too much at the start of the month and have nothing left for the … [Read more...]
“I’m bored, Mum” – cheap/free ideas for Summer 2018
Are you wondering how to keep your children happily occupied at the lowest possible cost all through the summer holiday? Here is a pile of ideas, including a lot of new ones for 2018, and they are mostly free or pretty cheap. A summer bucket list? Why not create a summer holiday bucket list and pin it to the fridge or noticeboard? try to cross one off a day... they don't all have to be big or … [Read more...]
Apps that help you budget or save money
Here is my pick of apps and other #FinTech (Financial Technology) products that help you budget and save if you live in the UK. They are aimed at people who are short of money. It doesn't include apps getting you to invest in the stock market. But if every month is a struggle, you find it hard to manage on the money you have, leave enough in your account to pay the bills and have a small … [Read more...]