Collaborative post When it comes to your family finances, do you feel in control, or is there room for improvement? Developing good money habits is the foundation for achieving your financial goals. Whether you’re aiming to reduce debt, move home, support your children or secure your retirement, you need to be able to manage your money effectively. Here are six ways you can take control of your family finances, improve your money ...
Retirement planning: a quick guide to reverse mortgages
Collaborative post Have you given much thought to the level of income you'll have once you retire? The answer to this question will probably depend on your age, but the fact remains that there is a tendency to experience a drop in income once you stop working. This situation understandably causes worry, but avoiding the issue definitely doesn't make it go away! A much better approach is to start planning your post-retirement finances. ...
Money saving tips: 5 easy ways to add to your savings
Collaborative post When it comes to financial security, we all know that it's a good idea to save something for a rainy day. But that can often be easier in principal than in practice. With most of us already living on a budget and stretching our monthly allowances to the limit, saving for the future can easily slip to the bottom of the priorities list. Saving a little each month is achievable though; you just need to change a few of your ...
Tips for handling debt
Collaborative post Being in debt is not something anyone aims for, but a lot of us are probably in exactly that position. According to the TUC, the average UK household has £886 more non-mortgage related debt than they did the year before. If you’re in a situation where your debt is getting worse, or not going down, you need to take action to get it under control. Here are some tips for handling debt to get you started. First steps ...
Budgeting: top tips for getting it right
If you're looking to improve your money management skills, this guest post has lots of top tips on how to get budgeting just right. What is budgeting? Well, it's basically making sure that you are spending less than you’re bringing home, and it lays the foundations for every financial plan. Budgeting isn’t all about restricting what you spend money on and cutting all the fun out of your life. It's really just about understanding how much money ...