Purchasing something on a monthly payment plan may seem like a great option at first glance. However, many consumers fail to do their homework before taking on such a deal. Low monthly payments and spreading the costs over a period strike as the perfect way to get something you want, to avoid a large immediate … Read more
At the time of writing, the Coronavirus pandemic has financially affected billions of people worldwide by causing a sudden income drop; myself included. Circumstances are what they are, and whilst it is a little unfair to say we’re all in the same boat; we are at least all trying to seek shelter from the same … Read more
When we’re living in strange times, it can be really hard for you to focus on just about anything at all. As much as it’s easy to obsess over the worries and all of the things that are going wrong, you know that you have to try and be positive. This is definitely one of … Read more
Of all the life skills you can teach your children, how to balance a budget is surely one of the most useful. Money – or the lack of it – has a huge impact on our daily lives. Learning to set financial limits that make sense and stick within them is a big lesson to … Read more
Finance is something almost everyone worries about sometimes, especially if you can’t afford what you really need. Try these practical tips for solving financial shortfalls… Swap Surely someone wants all that junk in your garage? And maybe they have precisely what you need too. There are plenty of sites and Facebook groups offering ways to … Read more
Your finances are always going to be an important part of your life, so making sure that they are in good order is essential. You can’t go through life not knowing how much you have, and whether you can afford to keep up your current lifestyle; you have got to make sure this is sorted. … Read more
The plan is always to save a little at the end of the month, pay down those debts and move on with your life but something always seems to come up and those debts are beginning to get you down. The problem with credit card and loan debt is the interest. It quickly mounts up … Read more
Life is full of unexpected moments. Sometimes gigantic and monumental, others small and subtle. Whether good or bad, we all find ourselves in surprising moments sometimes. However, whilst a nice little win in life might feel fab, the wrong type of surprises can be extremely nerve-wracking and lead to extreme stress, anxiety and difficulty sleeping … Read more
Have you ever heard of the Diderot Effect? Named after the French philosopher Denis Diderot, this phenomenon refers to the tendency for people to buy a new item, which then leads to the desire to buy more complementary items. This can create an endless cycle of overconsumption and materialism. But, it can also be seen as a positive force, as it can drive innovation and creativity. To avoid falling prey to the Diderot Effect, become aware of it, analyze the total cost of purchases, reduce exposure to marketing messages, buy into the upcycling trend, and recognize that there will always be upgrades to be had.