Has there ever been a time in your life when you feel as though you’ve come out financially on top? Unless it was the time when you were younger and your parents would give you the smallest amount of change and you’d somehow come out with the whole sweet shop, we don’t think there has been. The truth is, it’s just so hard to come out financially on top because there is always something that seems to be knocking you down. But we say enough is enough. Now is the time to make sure that you are always coming out financially on top. Luckily for you, we’ve got some great tips for you that should help you along the way.
This comes joint first with the things we find hardest to do. Spending right is easy enough to do with self control, and with a bit of knowledge about what you should be spending your money on. For example, a lot of people do buying a car wrong. They’ll buy the most expensive car, but scrimp on the extras that could save them a lot of money. What you need to do is learn more about Audi’s extended factory warranty, or other manufacturers warranty and see whether it would be worth it for you. In the long run, it’s always going to be worth it. The more protection you have over something that cost you potentially thousands to buy, the better off you’re going to be in the long run. Secondly, you need to think about whether what you’re buying is actually what you need. We’re talking to all of you impulse buyers out there. You’ll often buy something because it just looks sooo good. But then a week later you will wish you had the money for something else. Think wisely, buy wisely.
Saving right is nearly as hard as spending right, but it’s the hurdle that a lot of people seem to forget about in life until it’s too late. Saving right is a complicated procedure, but let us help you. First, learn how to do an effective money plan. What we think works best is a weekly money plan. The reason why so many people struggle to save what they predicted is due to new things cropping up each week. So, with a weekly one, you know exactly what you’re spending each week, and then you can then carefully calculate how much you need to be putting aside each week. This also prevents over saving from happening, and yes, that’s a thing. This is where someone will put way more than they can afford into a savings account out of optimism, but then ends up talking half of it back out mid way through the month. If you want brownie points, open up a savings isa that allows you to only withdraw money a certain amount of times a year.
So do you now feel ready to come out financially on top? We hope you do, there’s just no time in life to be worrying about money, make the right decisions and you won’t have to.