Alice spoke to Poorna Bell for a piece in Stylist about how we can all benefits from being more open about your financial f*** ups...
Alice Tapper, author of Go Fund Yourself: What Money Means in the 21st Century, How to be Good at it and Live Your Best Life is a brilliant voice in modern finance. Her Instagram account is funny and accessible.
“The average UK household has £2,688 unpaid on credit cards, so you’re not alone. Traditional financial and money saving advice can be very unrealistic, particularly for the kind of lives we live today and the financial challenges of our time.
“For most, the standard advice of building a savings buffer of six months worth of living expenses is laughable, and nobody is motivated by being told that their spending on coffee is what’s standing between them and their dreams of homeownership. There’s a disconnect, and it’s no wonder that so many of us feel we’re bad with money and lost when it comes to getting our finances in order.”
The only way to get better at it, says Tapper, is by learning and doing.
“This means speaking to your friends about how they manage their money, asking your partner to talk you through any shared financial decisions, reading the right books on finance, listening to podcasts and staying up to date with current affairs and how they impact your money.”
Knowledge is wealth, she says. Quite literally.