Money

Paperwork Problems? Here’s What To Store, Shred & Save Online

Save Online

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Over the years, you can often find yourself jam-packed with paperwork. Even when you’re vigilant, and you try not to hold onto things for any longer than you need to, the paperwork can pile up. But when you have work and business, personal and private paperwork to deal with, it’s not surprising that you can find yourself swimming in it. But, you can often find yourself thinking enough is enough and wondering if you really need it all. In short, the answer will be no, you don’t. Not all of it anyway. 

Receipts: Store

Not everyone will keep their receipts, and there isn’t always a reason for you to do this. However, if you are self-employed or run your own business, holding on to your receipts may only be natural. But, after a while, you may find that you just don’t need them. Especially if they aren’t business related or you no longer have the item you purchased. You should definitely look to store any business receipts, even for up to six years, or receipts for big purchases that you have a guarantee with.

Banking Information: Shred

Years ago, you would have felt the need to keep every piece of banking information that you have. But nowadays, that isn’t always necessary. In fact, you may not even get sent much paperwork anymore. You may want to keep any tax, investment, or pension information stored safely somewhere, but anything else can be shredded. If you should need statements or any information in the future, you will find that you can request it from the bank. It’s often safer this way.

Investment

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ID Documentation: Store & Save Online

Then you’ve also got some of the more sensitive and definitely important information to cover off too. When it comes to your ID documentation, it definitely needs to be kept safe. But you can do this in person and only. Whether it’s your driver’s license, passport, or even ID card, keep everything safe. You can also do an Aadhar card download should you need to keep it safe. Try to keep these pieces of information under lock and key if you can.

Household Bills: Store & Shred

When it comes to your household bills, as with your financial information, you may feel inclined to keep it all for years to come. Some things you may need to, especially if you need a record that you’ve paid. But anything else you can shred – especially if it’s years old. Then, you should look into ways to organize your bills to keep everything safe, neat, and tidy going forwards.

Education & Work: Store

And finally, there’s also your education or work information too. Whether it’s detailed on employment or school work, or even transcripts, this is the kind of stuff that you may want to store. When you want to look back at your work or projects over years to come, you’ll be glad you kept it. So find somewhere safe to store it all away.


Investing; How To, And Where To

investment game

Getting into the investment game can be life changing. If you’re able to play it well you’re going to make a lot of money, but if you’re not then you’re going to lose a lot, so you have to use your head as much as you can! There are loads of different places where you can make money, some more higher risk but more profitable than others, so let’s dive in and find out about them!

Foreign Exchange

The riskiest, but most rewarding out all the 3 things we’re going to cover here is foreign exchange. This is the exchange of currencies from one to another, and there is a lot of money to be made off this, but how? Well, if you’re able to predict the rise in a currency’s value, you can exchange loads of your currency for it, meaning you will have lots of it when your prediction comes true! However this is often a game that you cannot predict, and you’re going to need some assistance with it as doing it manually is ridiculously difficult. Websites like https://www.connectfx.org/ allow you to do all of your currency exchange within their platform so it’s definitely worth getting your hands on something like this to enable you to react quicker to market changes!

Gold

Gold is something that has been valuable to humanity since before we have records of; it’s not only attractive to look at, but it’s very hard to get and is incredibly useful in the 21st century for technological appliances. Because of this, it’s something worth investing in. Buying gold is a relatively safe market because the gold reserves in the world are drying up which means that it’s only becoming more and more rare, which means the prices are only going to go up! This is why you should invest in gold because it’s a very safe market that is going to make you returns, you just might be waiting a few years for it!

Oil

Oil investment works by buying units worth of 1000 barrels in it’s crude form. Crude oil is the most useful form of oil because it’s what companies buy to turn into all kinds of other fuels as they don’t naturally occur. The oil market is relatively stable but is prone to fluctuations so you’re going to have to be a bit more careful with this than you would be with gold! Buying crude oil is simpler than it seems, so if you’re looking for a medium risk investment then this is for you.

All of these different markets cover different risk zones, so it’s up to you to decide what you want to do! Are you going to go for the high risk but high reward foreign exchange market, or are you going to go for the more calm and stable gold market? Or maybe you want something in between that’s a mixture of both, in which case going into the oil market would suit you. Of course you can invest in stocks too but it hasn’t been covered here, so check this out to know what they are and how to use them.


Employability Boosts That Are Actually Worth it

Back in the days, it was as simple as having enough money for an education, and your dream job was suddenly within reach. It’s the reason we were ushered into University in the first place – until everyone else ended up there as well. Not only have they all completed a couple of years of higher education
, but they too are looking for ways to gain the upper hand in the competition; how is a regular drifter like us supposed to outsmart them all?

Luckily, there is a way through the jungle of employability options and add-on courses, so you don’t have to feel lost quite yet. Just follow this straightforward guide to the ones that are, in fact, worth your time and energy.

Employability Boosts Image via: Pexels

Network within your company

When you attended university, everyone preached networking and how expanding your circle can land you a number of great offers. As we progress, however, people stop reminding us of this – and we tend to forget all about it. You can easily continue your networking journey and climb the career ladder by working it from within your company.

Most people with a lot of experience in a specific field would be happy to let someone shadow them for a while. Point out a few who have been working there for a while and spend some time observing different jobs and gaining a new set of skills – in addition to the new people you’re going to get in touch with.

It shows your employer that you’re eager to learn as well as adding some weight to your resume before you approach a potential new employer. It’s a win-win, in other words, and too good to miss out on when you’d like to progress.

Take a Master’s degree online

Modern technology has been great news for us who are looking to boost their employability but too busy in the daytime. While MBA graduates are known for being desirable in blue-collar jobs, you can gain some serious career weight with an online operations management course as well. The great thing about these is that they are accredited and, usually, possible to complete in as little as one year.

That’s the kind of stuff that an employer likes to see – and where you easily can gain the upper hand over the rest of the job seekers out there.

Offer to volunteer

The main thing that will make an experienced employer choose you over the ocean of other seekers is a genuine interest in the field. It’s not something that comes with a degree or even an add-on course; it shines through your hobbies and interest. When you’re genuinely interested in the job and have made an honest attempt at educating yourself sufficiently, the evidence of volunteering can weigh heavy in the eyes of employers.

You can make it an experience too by heading abroad to help others. That way, you’re gaining international experience at the same time and should be welcomed into the arms of the company you’ve been dreaming about, increasing your income at last and climbing up the ladder.

Job hunting and progressing with your career is a lifelong journey; by being smart about it and continuing to educate yourself, you can easily leave those other job-seekers far behind.


Quick Options You Have To Increase Your Income

If you’re a human being, then it’s very likely that at one point you’ve wished you had a larger income. You can try as hard as you can to make more money in a month through second jobs and savings accounts, but sometimes we just can’t make ends meet. Take a look at a few of the tips below to cut down your spending and increasing your bank account in a single fell swoop.

Credit Card

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Sell Your Surplus Online

It’s a trick everyone will use. If you have junk laying around the house, collect it up, clean it up, and then put it online. It can take a little bit of time for bidding times to end or for someone else to find what they’re looking for in your product, but you’re guaranteed to shift a couple of pieces at least.

Some of the old favourites are Amazon and Ebay, which allow you to increase on cost effectiveness by having the buyer pay the shipping costs. You can also find specialist sites to sell a special piece of equipment, such as cameras at http://www.camerajungle.co.uk/. This would be sensible to do considering the investment you originally made in such technology.

Try Your Luck With A Credit Card

Using a credit card can be a double edged sword. It’s good for you if you know what you’re doing and have limits for yourself, but a lot of people don’t through no fault of their own. When it comes to paying off a credit card balance at the end of a month, pay it off in full. No extra charge can be placed on top of this original sum this way, and any credit rewards will come as actual rewards instead of something you had to pay for with the interest.

You can find the credit card that’s right for you at comparison sites such as https://www.gobear.com/sg/credit-card, which allow you to estimate your spending on resources each month and the kind of budget you need to accommodate. It’s important you find a card for your needs instead of one that comes highly recommended, as these can entice you in and get you to sign up for things you do not need.

Cut Down On Brand Costs

For those living on smaller incomes, buying own brand products is already a daily staple. It’s a secret everyone should partake in however when money is thin on the ground for the month, as buying name brand is really only for your peace of mind.

Big stores are designed in a certain way to make us come out with a lot more than we needed to come in for. Following along this vein, a lot of these supermarket lines are exactly the same quality as the big products and go just as far. You can even find more worth by the pound with food items such as cereal. Spending in this way can actually save you thousands per year.


The Financial Decisions That Will Change Your Life

We can all spend a lot of time thinking about money. In fact, some of us worry about money much of the time. Only the most affluent people can give little thought to money at all, but there are healthy and unhealthy ways to think about it. Throughout life, you need to make both big and small decisions about your finances. Some of them are merely day-to-day choices, while others could have a huge effect on your financial situation. Some big decisions might change your life forever, whether they put you in a better financial position or even make you slightly worse off, but possibly happier.

Why Do You Need Money?

Have you ever really thought about what you want and need money for? Of course, you need to consider the everyday expenses that everyone has to pay for. You need all the basic human necessities, like a roof over your head, and food and water. You also need things like transport to get you around and clothes to wear. But beyond that, what is the money you earn (or want to earn) for? Is it for going out with friends, going on vacation, or saving for retirement? Nailing down your priorities can help you work out what your ideal financial situation is, whether it’s feeling comfortable or having more money than you know what to do with.

The Blue Diamond Gallery

Rethinking Your Job/Career

Any decision about your job or career could affect you financially. It could have a huge impact on your life if it might lead to an eventual increase or decrease in your salary. There are a few ways you might decide to rethink your job. Sometimes, you just decide that you want to find a new employer within the same field you currently work in. You’re bored or fed up with what you currently do. You might also want to try to climb the career ladder, when you previously didn’t really care about it. Some people also make big career decisions and decide to switch career paths, or even to work more or fewer hours each week.

Creating a Debt Management Plan

Managing debts can be a struggle for anyone. They’re often necessary to pay for a variety of things, but paying them off can still be difficult. One of the best decisions you can make is to create a plan to help you pay off your debts. Many people pick goal date for when they want to be debt-free. Perhaps in two years’ you want to pay off your credit cards, or you want to be mortgage-free in ten years. There are many strategies you might use to tackle your debt. Finding a new loan lender to consolidate your debts is a good idea. Negotiating with creditors is also a great tactic to reduce your interest rates and make other changes. You can create a plan to ensure you steadily contribute to paying off your debts.

Creating a Savings Plan

How much do you save each month? Some people want to save money, but they have no formal savings plan. They just put away whatever they have left each month, which is sometimes nothing. You should treat your savings as an expense, and not as part of your disposable income. Think about why you’re saving and how much you want to save, as well as a timeline for your savings too. When you think about long-term savings (e.g. for retirement), you might also want to adjust how much you save as time goes on.

Creating a Savings Plan

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Deciding to Improve Your Earnings Potential

Some of the greatest decisions you can make in relation to your finances include anything that could help you earn more. While you can never guarantee yourself a higher salary, you can do some things to make yourself a more valuable employee. For many people, this will mean adding to your qualifications and building on your education. This can take on many forms, from completing a trade workshop to doing an online course or going to college. These things will usually cost you money, unless your employer or someone else pays for it, but the aim should be to improve your prospects for the future.

Starting to Make Investments

There might come a time in your life when you think you should start making some investments. For some people, this can happen early, but others might not consider it until they’re older and feel more financially comfortable or are thinking about retirement. Wading into the world of investing can be confusing at first, especially if you’re not sure how to invest your money. However, once you’ve learned about the ins and outs of investments and started experimenting, it can change your financial outlook a lot. It could help you to create a more solid plan for your financial future.

Starting a Business

Starting a business is more common than you might think. An increasing number of millennials are starting their own businesses. Setting up a business is a lot of work, whether it’s just you providing a service as a solopreneur or you want to build a larger company with more staff. Some people choose to run a business on the side, taking care of it in their spare time. However, for others, it becomes a full-time effort, especially if they want to grow their company. Launching a business won’t necessarily make you better off financially, at least not right away, but it can feel like you’re more in control of how you earn.

Getting Financial Help

The decision to get professional help for your finances can change your life in several different ways. There are a few ways you might benefit from a professional helping you with your finances, from a financial advisor to a debt advice expert. Professional people have the skills and experience you need to manage your money, whether you want to choose some investments or find the best mortgage for you.

Any decision about your finances could make a huge change to your life. You should think about how you might be able to improve not just your financial situation but your lifestyle and happiness too.


Driverless Cars Will Save You Money

You might think that the idea of driverless cars saving you money is a little nonsensical. After all, there’s currently a rather hefty premium on the technology. Going autonomous is estimated to add around $10,000 to the price of a vehicle. But it’s worth considering for a moment what has happened in practically every other area of the economy that has been touched by digital technology. Take the first mobile phones, for instance. To buy a cell phone in the 1980s, you had to be incredibly wealthy (and strong enough to lift them), but today you can pick up a phone for 100 times less money. The same trend will occur in driverless cars. They’ll start off expensive, and then they will get cheaper and cheaper as companies begin mass-producing all the autonomous components.

Driverless Cars

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But there’s an argument to suggest that people will save on more than just the price of a new vehicle by going driverless. In fact, it could help bring the cost of motoring way down and make driving safer, preventing injury and death. Take a look at some of the ways driverless cars could boost your finances.

Your Family Will Only Need One Car

Because humans have to be behind the wheel of today’s cars, families often find themselves forced to pay for multiple vehicles. When one person leaves the home with one car, it denies everybody else access to transport.

However, with autonomous vehicles, it doesn’t have to be like this. The family car could quite easily take one person to work, then taxi the next person to school and then return itself to the family driveway until it is needed again.

This isn’t just a moot point. The effect that driverless cars will have on the number of cars the average family owns has been studied by the University of Michigan transportation division. They estimate that average family car ownership will plummet from 2.1 today to just 1.2 after self-driving cars are fully adopted. That’s bad news for the car industry, but incredibly good news for consumers who want to slash the cost of transport. The University of Michigan also predicts that smart apps will allow the real number of cars owned per family to fall even further. Rather than just having to rely on their own car, it’s more likely that people will rent out cars from a fleet of driverless vehicles on the road designed to serve everybody. Ride hailing may replace ownership altogether for people who aren’t particularly concerned about owning their own car.

You Won’t Get Injured

Today, the chances that you’ll get injured on the road is unacceptably high. At the moment, the best recourse is to find a personal injury lawyer, but what about in the future? Because driverless cars will result in a 90 percent drop in accidents, there will be less chance of injury, especially for people traveling inside autonomous vehicles. Improve safety functionality will mean that society and individuals will no longer have to bear the incredibly high costs of accidents and won’t suffer debilitating illnesses at the same rate.

MetroMile, an insurance company, has estimated that driverless cars could save the average motoring over $1,000 on their car insurance every year. That might sound like bad news for the insurance industry, but what insurers care about isn’t the total amount of money they can charge for car insurance, but the difference between what they get in and what they get out. For driverless cars, insurance premiums will be much lower, but so too will the number of accidents. In other words, if driverless cars really can avoid collisions (which seems entirely feasible given the evidence we have so far) then the cost of insurance will come down too, and motoring expenses will plummet.

You Won’t Have To Pay Out For Tickets

Every year, the authorities grab hundreds of millions of dollars in fines from transgressing motorists. The cover story is that it is about safety, but for the majority of drivers, speeding or sitting in a box junction for too long is a complete accident. We’re all human, after all. However, robots are not human, and unlike their fleshy counterparts, they never get tired or lose their concentration. This means that people who buy driverless vehicles could potentially protect themselves from road violation fines of all varieties because the car is programmed to avoid these hazards. It is likely that the maker of the software will be fined if a car does something it shouldn’t, meaning that companies, not customers, will pay for highway violations.


Saving Money the Tried and Tested Way

Do you think your financial position is hopeless? If you have a large balance of credit card debt and you struggle to pay your bills each month, you may begin to despair. Your daily life will become one of stress and that is even before you start to think beyond the short term and how you can possibly live comfortably in retirement. Doing nothing really isn’t an option but where do you start? There are a number of ways that people have saved money in the past, most of which are not too painful, and you need to ask yourself whether you have the determination and self-discipline to try them. Even a small daily saving adds up over time and the longer you persevere, the better you will feel, and the healthier your savings will look and will help people to reduce their debt problems they are facing because of over borrowing from high-interest lenders.

Setting Targets

You need to set yourself some targets but not set them too high so you get discouraged and give up. You need to analyse your existing habits. Likewise, creating a surplus each month by using your credit card more is simply transferring the problem on to your card. There may be short term relief but it is no solution. The secret is to change your habits as painlessly as possible.

‘’Luxuries’’

Why not charge yourself a fee for each ‘’luxury’’ you afford yourself? ‘’Luxury’’ is a broad term. You may not regard a beer as a luxury but if you resolve to set aside a dollar against each beer you drink, then you may build up a small fund, and possibly even have one less than you would have ordinarily. Not a bad thing! If you put those dollars aside every few days, you won’t notice they are gone.

Perhaps you can think of our small and regular purchases instead? The choice is yours and many things can be equally effective.

Out of Sight, Out of Mind

If you set up a system whereby money is always transferred out of your checking account into a savings account that is less accessible, you may even gradually forget that you have any more to spend in the month than the amount after that transfer. Ideally your savings account will not be in your bank so that any spending you make on your debit card cannot be taken from your balance.

At the end of the Day

Take a look in your wallet and pockets at the end of each day. You could put your coins, dollar bills and even $5 bills aside. If you put them in a jar the money will soon accumulate. As it builds, it will be tempting to dip into it so decide on regularly depositing that money into your savings account to remove that temptation.

If you enjoy seeing your money rise like this, you may even start to leave your credit card in your wallet and start to use cash more often so that you have some to set aside. That in itself is a good habit because you are not going to increase your credit card balance as quickly as you otherwise might do.

The Coffee Shop

Do you really need to go to one of these famous coffee shop chains each morning for a fancy drink? You will obviously have coffee in the house so you could take your drink to work. Some of these fancy coffees are not cheap but are you paying for the brand name?

Some Savings a Little Harder to Make?

• If you are taking a coffee from home, you might just as easily take your lunch. You can easily work out how much coffee and lunch is currently costing you. You will find it so much cheaper to take a healthy sandwich with you and by the end of the month, the dollars will add up.

• While this is not practical for everyone, walking to work is both healthier and cheaper. If you currently drive only a short distance, then you save on fuel while if you drive to the station and park up to then commute, get up earlier and walk. You’ll also save on parking charges.

• Apps will help you keep track of your spending, and budget in general. You can start to price check and even get refunds if you have paid too much for an item.

Conclusion

Some things are easier to do than others. However, if your finances are currently in a mess, you have to try at least some of them. No one has an excuse that they can’t make a coffee and their lunch, even if it is only every other day; it is a start. The more success you have, the more encouraged you are likely to be, and as a result, determined to continue. Think of the stress draining out of your body!

image source: https://cdn.pixabay.com/photo/2013/07/13/11/32/moneybox-158346_960_720.png


What Can Rich People Teach Us About Managing Money?

It’s no secret that a lot of us are jealous of rich people. We’d kill to have their bank balances, and we find it unfair when others have a lot of money purely because we want it too! But, you shouldn’t be jealous because a lot of rich people got rich because they knew how to manage their money.

Bearing that in mind, here are three things rich people can teach us about looking after our cash:

(Pic via: http://bit.ly/2oX1WeO)

Money Makes Money

You’ve probably heard the saying ‘the rich get richer’, and it’s usually used by people moaning that wealthy people are always the ones that get more money. Well, this isn’t a coincidence, it’s because rich people know what to do with their money. More importantly, they know that money makes more money. What this means is that they invest their money into different things that help generate more money. If we’re to learn anything from rich people, it’s that you have to be prepared to spend money to make money. If you have money in your account, that’s just lingering there collecting a poor interest rate, take it out and invest in something that can increase that amount of money over time.

(Image credit: http://bit.ly/2j7gfL1)

Plan Ahead

One thing that everyone should do with their money is think about the future. Not just your future, but the future of your children and their children too. Don’t just think about what you want to do with your money now, think about what you want to do with it in the future, and where you want some of it to go. There are many financial advisors like Derrick Kinney who make a good point in saying that everyone’s vision of the future is unique. You may have plans for the future that others don’t. Either way, you need to spend some time creating a financial plan with the future in mind. Consider what you want to do with your money now that will benefit you in the future, as well as thinking about any money you want to put away for family members in the future. A big part of this plan will be writing a will to ensure your future finances go where you want them to when you die. Rich people do this all the time, they’re always on the ball and thinking ahead as well as thinking about the present.

(Picture from: http://bit.ly/2q1vF9M)

Don’t Depend On Credit

Finally, rich people are really good at using credit wisely. They only use credit cards when it benefits them, and never carry around a credit card balance. If they ever use their credit card, they pay off the balance in full and don’t allow it to carry over into the next month. This is how people end up in debt and start fighting for financial survival. Rich people don’t depend on credit to get by, and they didn’t depend on it when they were working their way up the wealth ladder. The secret is finding out the right way to use credit, so it benefits you rather than causes debt.

Bear these three things in mind, and you will start managing your money just like a rich person!


Essential Money-Management Tips For Any Small Business Owner

Money Management Tips

If you’ve been running a small business for long enough, you’ll know that your success isn’t just down to the number of paying customers you get, but also how you manage your money after it comes into your organization. This is why it’s so important to pay close attention to have a firm handle on all the capital that’s entering and leaving your operation. Here are some essential money management tips for any small business owner…

Save, Save and Save Some More!

Having established a budget that you’ll be able to stick to, one critical habit you need to stick to is saving money. You never know when sales can suddenly slump or other financial problems can arise from factors outside of your control, so cutting down unnecessary expenses is absolutely non-negotiable. This isn’t just about stashing away all the capital that you earn through your business. It’s also about being smart with what you spend. Sure, it would feel pretty great to have a private office with your logo above the entrance, but if you can continue to operate managing remote workers from your home computer, then this is the way to go. Smart decisions like this can save you a huge amount of money, which you can invest in the future of your business, or store away as a financial safety net for the future.

Hire or Promote a CFO

Having a chief financial officer at your business can make managing the financial comings and goings so much easier. While you should still have a direct role in this, you’ll be able to pass a lot of routine money-management tasks onto this professional, and focus more of your attention on pushing on towards the overarching, long-term goals of your business. If you can’t afford to hire an experienced CFO, then an accountant or bookkeeper can also take a lot of the strain off your shoulders. You may also be able to promote a CFO or similar professional from within your organization if there’s anyone who’s particularly good with numbers. You can make sure that they’re up to the task by setting them up on distance-learning courses like this:

http://online.maryville.edu/accounting/bachelors/. Your resources might be pretty stretched right now, but hiring someone to help with your money management is one investment you certainly won’t regret.

Form Strategies to Boost Cash Flow

Good money management obviously goes way past maintaining the current state of the business. You also need to formulate strategies that will boost your cash flow, and protect you against times where business is bad. Just like with saving, there are many different ways you can boost your cash flow, for example offering discounts and incentives to customers who pay their invoices early. You should also be thinking about developing additional products and services that will broaden your market appeal, and allow you to offer things that your competitors can’t. You can read a few more suggestions here: https://www.entrepreneur.com/article/277045. You might be pretty stable for now, but if you don’t try to increase your cash flow, growth is going to slow to a crawl.

 


Picking Yourself Up From A Fall In Income

If you have been in full time employment for a long time you get used to a standard of living. That standard of living can suddenly be cut short if you suffer from a drop in income due to ill health, unemployment or pregnancy.

If you find yourself in a situation of reduced income you need to start making some hard decisions. It is time to pull in your belt. But being frugal isn’t the only way of dealing with a loss of income, there are some practical ways of reducing your outgoings as well which will have a huge impact on your books at the end of each month. Here are some tips on helping you to balance tough times.

Image from Dream Achievers Academy

Unnecessary spending; now is the time to review your spending habits and work out what fat could be cut from the monthly household outgoings. Consider home treatments instead of a trip to the salon, running one car instead of two and profiting on the sale of the other, run in the park instead of those expensive gym memberships. There are lots of ways to cut costs so be ruthless and snip away

Don’t be tempted to borrow money; if you are in a financial hole it is all too easy to borrow money to plug it but this will just add to the problem in the long term as you add debt repayment to your monthly outgoings

Consolidating debt; if you have credit cards, loans and other unsecured debts this might be the time to consider consolidation as a way of cutting down the monthly outgoings. This can also help keep your credit score buoyant. Check the options available to you because there are lots of different ways to bring debt into line and not all of them will have favorable rates. The last thing you need is to add more interest to your financial challenges

Ask for help; seeking the help of a professional finance advisor can lighten the load and share the burden. Its nice having someone working on your side and they may see something in your finances that you didn’t that could help you stay afloat until your income gets back on an even keel

Consider your options; as well as looking for ways to reduce your outgoings you should be considering the options for bringing money in. If you are unemployed look for employment, if you’re unwell turn a hobby into something you can be paid for – be creative with your ideas for making money and as long as it is legal it will give you a sense of achievement as you take action to move your financial problems forward

Don’t be too hard on yourself; it is all too easy to blame ourselves when we land in financial difficulty. Take a more positive attitude and look for the opportunities this might present in terms of a potential career change or a chance to reduce spending and adopt better financial habit. If you stay positive then you will see a positive step towards financial freedom


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