Handling Your Finances like a Student

The effects and implications of negative financial events such as inflation or a recession tend to creep up on us rather slowly, but when they do hit they hit suddenly and really hard. By the time you realise that each of the pounds you spend actually buys you less value than what you’ve become accustomed to, it appears to be a little too late to start implementing any sort of plan to hedge against the eroded value of your money. As soon as you do realise that each of your pounds seems to be buying you less however, reverting back to the good old days of your days spent as a student often does the trick to at least give you enough time to devise a more long-term plan to better handle your finances as a hedge against the falling value of your currency. Continue reading

5 Effective Ways to Save Money in Everyday Life

Saving money is important for a number of reasons. First, it allows you to have peace of mind. In other words, you do not have to worry about how you are going to pay your bills or when you are going to do so. Instead, you will always have the cash ready when it is time for you to meet your financial obligations. Saving money is also critical when it comes to handling emergencies because it allows you to set aside some cash that you can use when unanticipated situations arise. Here are 5 effective ways to save money in everyday life. Continue reading

Start now and spread the cost of Christmas

January starts with the realisation of how much you spent on Christmas in 2015, credit card bills hit the door mat and your bank balance looks pretty bleak. It’s not a good way to start a year is it? However it doesn’t have to be like that! Yes Christmas is an expensive time, especially if it’s something you want everyone to enjoy, however you don’t need to break the bank to afford it. Continue reading