The first things you have to take into account when you receive your payslip are the unavoidable demands made on your salary by the Government, namely income tax and National Insurance contributions. These are generally deducted before you see your money. The amount you see as ‘net pay’ is yours but needs to be managed effectively. [...]
Saving money doesn’t have to involve making large sacrifices. My granny always used to say if you look after the pennies the pounds will look after themselves. Small savings of even just a pound everyday can have a great impact on your finances. Here are five tips on how to save a pound each day: [...]
As soon as children can understand a little about money, you can start to teach them the value of saving and the dangers of debt. When they get pocket money, encourage them to save a little each week. Then tell them about bank accounts; make it fun, tell them “when you put pennies in the [...]
The first step is to notice that you have a problem so well down you have completed the first step and hopefully the only way is up! It will take a lot or determination and maybe even some sacrifices however it will be worth it in the end. The second step would be to stop [...]
It is so easy to get into debt, but not as easy to get out of it. The best solution is of course never getting into debt in the first place. Here’s my advice on how to scrape those pennies together if money’s a bit tight to avoid the debt cycle. The first thing you [...]
Are your money management skills effected by your upbringing? As with anything, the best way to learn — for people of any age — is through hands-on experience; I believe the best way for kids to learn how to manage their own money is by letting them taking control of it. This doesn’t necessarily mean [...]
Many people are struggling to keep their heads above water in the current economic downturn. Some have even had to take cut in pay, while their financial commitments have gone up and up. One solution to the problem is to try and increase your income with extra work. If you already work full-time, you may [...]
I’ve been looking for a way to monitor my expenses online to help me see the ‘bigger picture’ of my finances for a while now. Despite budgeting and generally being quite frugal, I started looking for a program that could take some of the work out of budgeting for me so I can spend more [...]
In the current financial climate, everyone is trying to save money. For every family, there are many unavoidable financial commitments but, with careful budgeting, you can ensure you get the very best value for your money. Charges for essentials, like insurance, and utilities, such as electricity, telephone, and gas, have increased a great deal over [...]
Boost you income Why not take on a part time job in the evening after your regular work, or even on a weekend, sure you’ll have less time to watch television or spend time with the family but think of the extra money in your pocket that could pay for a nice holiday or just [...]
© Money Stand. Say something clever here. Or not. You decide.
