Stop Living Paycheck To Paycheck And Break The Cycle

The concept of living “paycheck to paycheck” entered the popular lexicon in the aftermath of the financial crisis nearly ten years ago. Once people stopped living beyond their means and started paying down their debts, they found that they had little money left over at the end of the month to put away for a rainy day. Although people are saving more today than they were in the run-up to the Great Recession, they’re still only saving a fraction of what they used to save in earlier decades – including the 1980s.

So what’s behind all this? Why aren’t people saving like they did in the past?

One answer is that it is a generational thing. So many people have grown up relying on credit from banks and building societies that they have essentially forgotten how to save. There’s a culture of being able to have everything now and work for it later, rather than saving up in advance. [Read more…]

Technology Can Help You Save Money


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When you say ‘technology’, most people think of expensive iPhones and games consoles, and although there is no denying that buying the latest tech can set you back a princely sum, the right technology can also save you money. If you’ve already splurged on the gadgets, you might as well get them working for you, right?

 

Here are some of the best ways you can make technology work for you:

 

Money-Saving Apps

 

If you have a smartphone, you can download a number of apps that will save you money. From apps that give you cashback every time you make a purchase to companies like Uber, which will enable you to spend less of the cost of transport when you need it, there’s always an app that will help you out when you need it. [Read more…]

Making The Experience Of Buying Your First Home Easier

Has the time come to buy your first home? If you’ve recently decided that you want to get a foot on the property ladder, then the chances are you are thinking about what it takes to get that house of your dreams. Admittedly, buying a house isn’t always as straightforward as a lot of buyers think, it’s actually a fairly complex process, especially when you are buying for the first time.

 

One reason why more and more people are choosing to buy rather than renting is because it means that instead of wasting money on rent each month, you are paying for a little bit more of the property. You’re not lining someone else’s pockets. Instead, you are ensuring that when it comes to yours’ and your children’s futures, that you are preparing. Although buying a house is costly, in the long run, it saves you wasting a lot of money, which is why it’s something that’s definitely worth doing if you can.

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To make the process of buying your first home easier, here’s what you need to do:

 

Save as much money as possible

 

If you are going to successfully buy a house, you will need to save up at least a ten percent deposit. If you’ve already got savings, then you may not need to worry about this, but if you haven’t then you will need to spend some time saving up. Remember, the higher your deposit, the more likely you are to be accepted for a mortgage. So, the more money you can save up, the better.

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Do You Really Have To Spend A Fortune On Makeup?

In recent years there has been a phenomenal shift in the makeup industry. What was once a dull scene dominated by a specific few drugstore brands is now a multi-million dollar industry, with everyone from Kylie Jenner to Kat Von D bringing out their own mascaras and lip kits. So, what exactly has changed? The most obvious argument is the landslide of makeup-related social media that is thrust in our faces on a daily basis. Ten years ago, we were all buying makeup, but none of us had any clue how to actually use it. Today, however, we can simply log onto YouTube, and a whole array of makeup tutorials and reviews are right at our fingertips. This rise of makeup bloggers and vloggers is typically what has caused the expansion of the industry, as picture-perfect makeup is something that becomes achievable for all of us. But all this availability comes at a cost – makeup is no longer the cheap asset it once was. With a good quality mascara now setting you back up to $18, it is clear that in order to get hold of the very best, you need to put aside a fair amount of money. Or do you? Take a look at these tips for getting the Instagram-worthy makeup look for a fraction of the price. [Read more…]

The Financial Case For Downsizing Your Home

Downsizing is never easy. No matter how you cut it, you’re going to have to say “sayonara” to some of your stuff if you want the move to be a success. The problem is that saying goodbye to your treasured possessions is easier said than done.

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But despite the problems with downsizing, it’s something that has become increasingly popular over the last few years. It’s not just about there being less money in people’s pockets. It’s also got a lot to do with people’s desire to be financially independent, be closer to work and have less impact on the environment.

 

Regardless of how you’re downsizing, here’s how to do it and save money at the same time.

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The University Of Life: A Graduate’s Guide To Post-Degree Financial Survival

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They told you that studying hard to get a degree would open up a world of riches, but you’ve now realized that the real world is a lot tougher than you imagined. The dream you was sold wasn’t an honest reflection of reality. The general economic situation, along with the volume of graduates, makes it very difficult to walk into that well-paid career.

 

If you’ve found yourself at the bottom of the ladder or in another role altogether, then you are not alone. Unfortunately, you cannot afford to feel sorry for yourself. You should still continue to apply for the positions you want. In the meantime, though, you need to think about your immediate and future finances.

 

There’s no point in sugarcoating things, and this could be a very difficult moment in your life. Here’s what you can do to keep your head afloat.

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Fill The Money Pit Under Your Home

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You probably don’t realize this, but there’s a massive pit underneath your home. It’s where all your money disappears too in home bills, insurance, energy costs, and upgrades. You might think that your home is quite cheap to run, but it will almost certainly be costing a lot more than you realize. Luckily, there are ways to handle these costs and in doing so fill in that expensive pit. We can start by thinking about those pesky energy bills.

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A Foolproof Guide To Saving Money On Your Broadband

For many of us, our broadband bill is a real balance drainer. It costs a lot every month, but it’s an expense we have to live with. In this piece, you can feast your eyes on three easy tips that will help you save loads of money on your broadband in the future. Give them a read if you want to start saving:

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Pay For What You Need

These days, loads of people get caught up needing the fastest internet ever, complete with unlimited download limits. Normally, this means having to pay for the top package, which costs a lot of money. But, you can save loads of cash by looking at things from the perspective of your home. How much broadband does your home actually use? If you live alone or with a partner, then you won’t use as much data as a family of four. As such, the need for fast broadband won’t be as severe. You can get away with a mid-range package, and everything will be fine. If you don’t use the internet for video streaming or other things that require lots of data to be downloaded, then you really don’t need the best packages around. It makes sense to assess your usage, and pay for what you need. This way, you don’t waste money, and you get cheaper broadband. But, even if you do need to pay for the most expensive package, at least you know you’re getting your money’s worth. The last thing you should do is spend big on a top package and not get much usage out of it. [Read more…]

Save Now, Spend Later: How To Look After Your Cash

Are you a big spender?

If you are, it’s hard to stop buying. Buying gives us rewarding feelings, and you can’t stop it. You can’t resist the urge to use your money right there and then:

“If you’re a spender, you can’t delay the gratification. With cash in front of you, just like the marshmallow, you can’t resist the urge to have it right now even if you’d have more later. That’s why you don’t have much savings in the bank, but it doesn’t bother you. You’ve been happy making purchases and enjoying them in the moment. It’s worked out well enough for long enough, so you just stick with the habit. But if you’ve realized that you’re trending toward extreme spending, then you’re probably looking to kick or curb your habit.”

Buying on impulse is dangerous, and you won’t have much of a financial future if you keep wasting money. Spending and enjoying life is good, but if you can find ways to cut down, do so. Set some money aside and save. There are plenty of great ways to save money and the best time to start saving is right now!

If you need some advice, get rid of the credit cards if you are overspending, high-interest rates are a trap you’ll never get out of. Credit cards are useful tools, but if you do have issues with spending, you’ll find it easier to spend cash that doesn’t technically exist.

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When purchasing you should ask yourself some serious questions before you make the spend. Do you need the item? Can you actually afford it? Do you simply want it for short-term gain? You need to know the difference between what you want, and what you need. If it is something you need, like a new computer for work, shop around to get the best model for the best price.

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Top Advice Store Owners Don’t Want You To Know

When it comes to money, a lot of families end up in woe down to their shopping bills. After all, whether it’s clothes, foods, or gifts, it can leave them feeling the pinch. But there are some ways you can do your shopping without getting out of pocket. In fact, here is some top advice shop owners don’t want you to know.

Look on their websites first

When you need something from a store, it’s always good to look on their site first. After all, you can see the full range of products they have for sale. And sometimes it gives you the option to see if it’s available in your local store. But also, you need to check out the price they are offering online. After all, some places will put a slightly lower price on their website than in the store. But if you want the product quickly, you should tell them what you saw in the store. They will then have to match it if they want your custom. And it means you will save money on the item if you do your research before on sites like http://www.kiplinger.com/article/spending/T050-C000-S001-15-web-sites-for-finding-deals-online.html.

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Look into unused gift cards

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