Planning ahead is crucial when it comes to your finances. While tracking will show you what you are spending your money on right now, planning and budgeting will help ensure that you have enough money for the things that are important to you in the future – like a child’s birthday or an anniversary.
If you’re planning to track your spending to improve your financial health, knowing where to start can be tricky. There are, however, a variety of ways to ensure you stay firmly within a budget month after month without too much difficulty.
We all love our pets, but there is no denying that having one or more pets can definitely make your wallet lighter. Whether it be daily necessities such as food or unexpected circumstances such as large vet bills, our pets are undoubtedly very expensive to have, but obviously worth it at the end of the day.
Since the arrival of supermarkets in the UK in the 1950s, our buying habits have changed beyond recognition. Whereas we used to shop around independent high street shops for the best value, the simplicity and ease of supermarket shopping has changed the way we shop.
The gap between rich and poor in the UK is growing as savings and home ownership decline among the poorest families. In a sign of growing financial strain, low-income families had just £95 of savings and investments this winter, excluding pensions, compared with £136 in the same period last year.