We’ve all heard this story in the personal finance community. Somebody draws up a shiny budget sheet full of formulas, dependencies and maybe even a pivot table or two, uses it for about a week and then decides their ‘budgeting phase’ was a flop. This article will offer some of the most useful principles for budgeting which will help you to get your budget right … Continue reading How to create a good personal budget
I have been pottering around the house today and noticed a life trend. As I moved from room to room I realised that my belongings no longer look like the belongings I had in my 20s. In today’s article I’ll take you through the key differences I have spotted between my things back then and now. Before I get into listing the differences out, it’s … Continue reading Belongings in my 20s vs belongings in my 30s
I’m about to start week 9 of being in a lockdown. NINE. That’s full 8 weeks or 56 days done, almost two months. And a lot can change in a budget in the span of two months. Today I’ll tell you about the key expenses which are no longer a thing in my budget, and what they’ve been replaced by. Going out Everything is shut … Continue reading Expenses I cut during the lockdown and what they’ve been replaced with
How much should be in your emergency fund? Emergency fund is a little or a lot of money stashed away for when your leg slips. I am yet to find a better explanation, so if you have one, pop it into the comments field. This post will be all about figuring out how much you might want to keep in your emergency fund. Dave Ramsey, … Continue reading How much to put into your emergency fund
It’s the New Year. It’s a little bit chilly. It’s a little bit hungover, and the festivity has been replaced with the dread of the work week starting again tomorrow. But it’s not all bad. Actually, quite the opposite. January is a great month to forget about the mistakes and financial failures of the past year and to start afresh. Throughout the month of January I … Continue reading Financial focus month week 1: Shelf Cooking
United Kingdom is a country where pension enrolment is compulsory. This means that every person over the age of 22 but below state pension age, employed, working within the country and earning above £10,000 per annum has a personal pension pot. A regulation making enrolment into workplace pension compulsory for everybody meeting these criteria took effect in February 2018. I am not leaving the country … Continue reading ‘Brexit’ the UK and take your pension pot with you?
A short while ago I wrote a blog post about not going bankrupt over Christmas spending. This post is a follow-up telling you exactly what I am gifting this year to my nearest and dearest. I don’t budget for Christmas separately anymore, I just save less in December and that gives me a very definite budget as I don’t like to reach out for savings … Continue reading What I am giving for Christmas – a truthful gift guide
It’s almost Christmas, the most expensive holiday of the year! I left home at the age of 19 and moved across the continent. This Christmas is the 13th Christmas which I am celebrating as a responsible (ish) adult, a daughter who lives far away, an aunt who loves to spoil her niece and nephew, a girlfriend of another family’s eldest son and an employee of … Continue reading Not going bankrupt over Christmas