For reals. Sometimes spending more can actually mean spending less in the long run. Reducing quantity and increasing quality means repairability, less waste and more money saving. Items to splurge on include: shoes, coats, your health, a good mattress etc.
EAT THE FROG 🐸
As Mark Twain said “If it's your job to eat a frog, it's best to do it first thing in the morning. What is the one financial job that you've been putting off? Sorting out your balance transfer? Cancelling that subscription you've been paying since '02? DO.IT.TODAY.
THE BIG THREE
You probably spend most of your disposable income on: RENT/MORTGAGE, TRANSPORT and FOOD so, it makes sense to address these categories first to see where you could be saving. £30 less per week across rent, food and transport = £1560 PER YEAR!
START YOUR MONEY ROUTINE 🗓
A financial to-do list if you like. Schedule in time on a weekly, monthly and annual basis to check in on your goals, monitor progress and get those boring financial jobs done. For inspo, check out the budgeting guide.
DON’T LOSE IT Did you know £10,000 left in a 0% current account would be worth only £8,600 after just five years at 3% inflation. Protect your cash in a savings account with a rate close to inflation or possibly by investing (if your goals are 5 + years away).