7 tips to feel better about your finances image shows happy woman jumping between trees
Photo by Sebastian Arie Voortman

Money seems to be on many minds after Christmas so I thought I’d put together 7 tips to feel better about your finances.

  1. Make a budget: This is a crucial step in taking control of your finances. By creating a budget, you can determine how much money you have coming in and going out, and identify areas where you can cut back or save more.
  2. Pay off debt: High levels of debt can be a financial burden and can negatively impact your credit score. Consider paying off high-interest debt first, such as credit card debt, and then working on paying off other debts.
  3. Save for emergencies: Having money set aside in savings pots can help you when extra money is needed and you can avoid taking on more debt. Aim to save enough to cover at least three to six months’ worth of expenses.
  4. Invest in your future: Consider setting aside money for long-term goals, such as retirement or your child’s education. There are a variety of investment options, such as shares, bonds or funds to choose from.
  5. Shop around for the best deals: Don’t be afraid to negotiate or shop around for the best prices on things like car insurance, mobile phone plans, and household bills. This can help you save money in the long run.
  6. Reduce expenses: Look for ways to cut back on your expenses, such as canceling subscriptions you don’t use, cooking at home instead of eating out, and using coupons or discount codes when shopping.
  7. Make a plan for your money: Set financial goals for yourself and make a plan for achieving them. This can help you stay motivated and on track with your finances.

I hope these are helpful – please follow me on instagram for more tips. To see how to work with me click here.