The best money saving strategies to save money fast and build financial resilience
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The beginning of the year is the ideal time to reflect on what your money saving strategies are and how to achieve your savings goals. As we face an ongoing recession and cost of living crisis, we should all think about how to save money fast, and save enough money to protect us from economic hardships.
Here are 5 money saving strategies for you to consider to get yourself through this year and build a financially resilient lifestyle.
Everything you need to know about preparing for your Self Assessment
If you start earning money as a freelancer, there is a specific process to follow to tell the government what your income was, and pay taxes on it.
This post will summarise everything you need to know about your Self Assessment as a self-employed freelancer, and I will share my best advice on how to make the tax return submission as stress-free as possible.
Tips to avoid impulse buying: how to stop shopping addiction
Have you ever bought something that you don’t need, without it being a planned purchase? That right there is called impulse buying. In this post we’ll go over what impulse buying means, the causes of impulse buying, and how to stop impulse buying behaviour.
Frugal wedding planning: tips to plan home weddings on a budget
On the 9th of March 2015, my husband and I got married with less than £2,000 and it was a wonderful day. Having a frugal wedding didn’t take away from the beauty and fulfillment that celebration brought us. I can absolutely guarantee that you don’t need to spend tens of thousands of pounds for a one-day party. Read on to learn some budget wedding ideas you can take inspiration from.
How to increase your credit score immediately: tips to boost your credit score
This post is for everyone who wants to improve their credit score in the UK, or has moved to the UK and is looking for easy ways to improve their credit score fast.
As an immigrant in the UK, I get that it can be hard to know how to build your credit from scratch. Stick with me, my friend, I’ll lay it out for you with the friendliest language I can muster. You’ll see that it’s not as daunting as it may seem.
If like me, you have embarked on a personal quest to educate yourself on how to be financially aware, then you can’t avoid coming across the FIRE movement, aka Financial Independence Retire Early. Wtf does the FIRE acronym stand for, you ask? Well, let me tell you.
As you may know from a previous post, my husband and I radically changed our spending habits since deciding to buy a motorhome. A motorhome will allow us to gain geographic freedom, live more sustainably, and at a slower pace than what a big city like London allows. Having a savings goal has led me down a rabbit hole of personal finance content, and for months I have been reading articles, watching videos, and reading books about how to live a financially sustainable life, without having to sell your soul to a high-paying yet spirit-killing, time-stealing job.
Products to buy that will save money and save the planet
This post is all about products that can help you save money. With an initial one-off purchase, you will save money by just using these instead of their single-use and more expensive counterparts.
I swear by all of these: I have purchased and used all of the products in this list, and as a nice bonus, they also happen to be kind to the environment in the way that they prevent waste and the use of non-recyclable materials.
As you might have read from my previous article, my husband and I started aggressively saving for a motorhome, and we have successfully stashed £10,000 since September 2021, on average salaries. Pretty cool huh! Did we increase our income? No, not really. Did we learn how to spend less? You betcha.
A key factor to achieve this milestone was gaining a deep awareness of how we were spending our money every single day. If you have ever arrived a few days short of payday asking youself: where the heck did my money go?! then you might want to continue reading, as this article will help you a lot.
How to save 10k in a year: a roadmap on how to save up 10k on average salaries
The 30th April 2022 marks the day where my husband and I managed to save 10k in less than a year: a whopping £10,000 since September 2021, when we had around £1,500 in our savings account.
September was the month where we decided we were going to buy a motorhome, so we got our asses into gear and set out our savings strategy. It has been a wonderful learning experience, and we have both felt empowered by re-discovering how much more control over our habits we had than what we thought, and a sense of renewed motivation in seeing our efforts getting us closer and closer every month to our savings goal.
Nothing that I am about to write about is ground-breaking, however, my hope is that in this climate of economic doom, it may help you find the motivation to take control of what you can, pick a savings goal, and start working towards it little by little.