Savings foundations Archives

Your financial wellbeing challenge – a 30-day action plan

Starting your journey towards financial wellbeing doesn’t have to be overwhelming. Breaking it down into manageable steps can make the process more achievable and even enjoyable. The 30-day plan outlined below is designed to a structured roadmap that could help enhance your financial health one step at a time. Let’s dive into a month-long financial […]

Financial wellbeing

Budgeting as a couple: what do you save?

When you were living alone, you probably spent as much as you wanted on Thai takeaway and didn’t give a hoot what anyone thought about your impulse shoe splurges. Now that you’re sharing your bank statements, however, it’s a whole other story. Having someone looking over your shoulder as you spend can be daunting. That […]

Financial wellbeing

Hard-wired not to save? How you can overcome this

Are we hardwired not to save? Financial psychologist Brad Kluntz claims that when it comes to saving, our brains are hardwired all wrong1. He argues that we just aren’t wired to save. He explains our brains evolved in a world of scarcity and constant threat. For our ancestors, there was little point in saving or […]

Savings foundations

Savvy savings tips you won’t even notice

Ever wondered what the experts know about saving that us common folk do not? Apparently there are some relatively simple ways to save. 1. Automate small amounts of money Small amounts are often unnoticeable! And they can make you more aware of how much you spend on frivolous things like lunch and coffee runs. Once […]

Financial wellbeing

The lazy tax

When was the last time you put your bank fees under the microscope? If you’re like most people, you probably don’t remember. According to consumer advocates Choice, only one person in five has reviewed their bank accounts in the last two years. Just 12 % say it’s crossed their minds, but they haven’t done anything […]

Financial wellbeing

Back to Basics: Building Good Money Habits and Saving for Your Goals

Money plays an important part in all of our lives. It is something we all need, and something many of us wouldn’t mind more of! However, managing money can be challenging, especially if you don’t have a clear plan. Whether you’re just starting to think about your finances or are looking for ways to improve […]

Savings foundations

Creating a budget that works – a step-by-step guide

Managing your finances effectively is a cornerstone of financial wellbeing. A personal budget is a simple but powerful means of taking control of your money; keeping a handle on your income and expenses can help you work towards your financial objectives. Step 1: Review your current financial situation Before diving into budgeting, first take stock […]

Financial wellbeing

Small steps to boost your financial wellbeing

When it comes to money, it’s easy to feel like you need to overhaul your entire life (or finally get that elusive Powerball win) to make any difference. But actually it’s the small and consistent habits that build lasting changes. Just like a short daily walk is better for your health than doing a big […]