Money

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!!kuromii
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#1
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#1
How dose everyone save there money? Can I have tip on how to budget? Because I spent all my money of government money that you get when you turn 18
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UCLan Student
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(Original post by !!kuromii)
How dose everyone save there money? Can I have tip on how to budget? Because I spent all my money of government money that you get when you turn 18
Hi !!Kuromii,

This is an excellent question and very relevant since the cost of living is steadily rising. My best advice would be to save a small amount of money weekly/monthly. So every week or month put aside £5/£10/£20 however much you can and don't touch it. Open a savings account and deposit in there if you can. If you do take a risk and delve into that money, replace it the next month - if you put £10 in every month and decide to spend £5 from that store, put £15 in the next month so you are replacing what you have spent.
When you see something you want, ask yourself if you really need it. Maybe come back to it a day later and see if you still want it, or if it was a spur of the moment want.

Hope this helps,

Chelsea
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napqueen
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(Original post by !!kuromii)
How dose everyone save there money? Can I have tip on how to budget? Because I spent all my money of government money that you get when you turn 18
Hi !!kuromii, my advice would be to set up a savings account of your own or with a financial savings professional. Either or, the second option would properly be more beneficial as you will have help and support along the way so you won't be alone. It's getting harder to save nowadays as the cost of living is rising constantly so it's important to implement a good savings strategy! Me and my boyfriend use a company called Suttons IFA to save and we have done so well ever since so I highly recommend them Hope this helps and good luck!

https://suttonsifa.co.uk/how-we-can-help/#savings
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