If I’d started saving one pound per week when I was twenty years old I would have nearly £2,000 now. I could really do with £2,000 and i’m grateful that I could definitely have afforded one pound per week for all of that time. If you can afford it then I would suggest that it’s …
Continue reading “It’s never too early and it’s never too late…”
£¾billion is a lot of money (£750million) but I believe it would be possible to reduce household debt by this amount each year. It would mean that an organisation with the capacity to monitor this would need to commit to promoting it as an idea. Here’s how I think it could be done: I believe …
Continue reading “Could the UK reduce household debt by £¾billion each year?”
Phone apps have made the act of saving small amounts regularly much simpler and helped me to make transfers manually. I believe making a regular manual transfer provides a better mental health boost than an automated transfer such as a standing order or Direct Debit. It is now the work of seconds to transfer a …
Another thing that I found intimidating was the amount that media stories and adverts talked about for saving (tens or hundreds or thousands of pounds). I find it useful to ignore all of this and think about saving regularly (daily, weekly, fortnightly, monthly…) and not about the total amount that I have saved (although I …
I found saving to be overwhelming. Many media stories and adverts talk about what feel like large blocks of money (£10 or £100 or £1000) that I thought I needed as an initial amount before I could start saving. My solution was to save small amounts so that I barely noticed them and I knew …
Over the years I have found it difficult to save any money. I managed to start by saving small amounts regularly (so that I knew that I could definitely afford it and almost didn’t notice it happening). If this sounds like you and you would like to start saving small amounts regularly then please send …
