Posts Tagged‘saving’

12 Ways Your Family Can Save Money and Add £5K in Your Bank Account

Money is hard to make and easy to spend, but does that mean we cannot manage to save enough of it? Nope. In fact, you can save as much as £5,000 over the next year once you know what to do and that’s just what we’ll be sharing in this post. 1. Lower your bills by consolidating your debts If you feel your credit rate interest rate is too high, consider consolidating and refinancing. Look out for credit with better terms and make the switch. 2. Make extra money with your car If you haven’t tried services like Uber yet, you might want…

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Keeping Costs Down as a One-Person Business

Starting a business on a shoestring budget is an age-old tale. It is something that every entrepreneur aspires to, but many struggles to actually achieve as a result of the accumulative running costs of starting a small business. Cutting these costs down is vital in order to make your one-person business successful and not just a money drain. With that in mind, how can your small business keep costs down and actually make a shoestring budget work for you? Workspace One of the best things about working for yourself and by yourself is the fact that one person doesn’t need…

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The Ultimate Guide To Saving When You Have A Growing Family

No matter how prudent you are with money it should go without saying that saving when you have an expanding family is very challenging. Not only will there be lots of unexpected expenses cropping up, a change in employment, insurance coverage, or even childcare costs can cause your carefully constructed budget to fall out of balance. If you already have children and are expecting to add more to your family, it is best to get all of the kinks worked out of your budgeting strategy now rather than in the future. Even a financial expert with a bachelors degree in…

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How Much Should My Emergency Fund Be and When to Use It

Finance specialists are of the opinion that you should have at least three to nine months’ worth of your monthly living expenses in an emergency fund. Well, new schools of thought have emerged and ruled that out, claiming that such funds are either excessive or insufficient to cater to the expenses that one would have to incur in emergency cases. So, how much should your emergency fund be and when should you use it? Use Online Calculators Just like it would be unwise to trade forex online without the use of tools like CMC markets, you need to use online calculators…

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How to Stay Afloat While you’re working on Your Passive Income

If you are dreaming about the day when you can enjoy maintaining your current lifestyle without having to head into work on a daily basis, you are not alone. There are many forms of passive income that you can use to enjoy this type of easy lifestyle, such as real estate rental income, dividends and more. Passive income essentially means that you are not actively working on a daily basis to generate the income. However, in order to take advantage of this type of income, you typically need to invest regularly in them until you have built up enough income…

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