Welcome to week 3 of the budget series! This is where you allocate money to different “slices” of your budget- ….charity….fun….essentials….saving….investing….education….emergency fund…. Post 1 on “charity and giving” is here. Post 2 on “fun money” here. The money-pie-method is here. Spending on the essentials So what am I talking about? I’m talking about …
Spend less on this, and you’ll give yourself a “payrise” Read More »
Week 1 Welcome to week 1 of the budgeting series. For the next 7 weeks, I will be discussing a different aspect to think about when it comes to budgeting. I hope that it will give you a new perspective on how you can start dividing up your money so that every bit of it …
Week 1 of the Budgeting Series – “Charity begins at home” Read More »
After looking at my bank account this morning…. …I found myself feeling nervous. I worked out that by the end of the month, I will have less than £1000 in my account, but nowhere near £0 or my overdraft. This stuck me as funny, because only a few years ago, I was REGULARLY in my …
What does a crash diet have to do with being broke? Read More »
So last week I talked about assets and liabilities. If you didn’t catch that, go and read that first. Its important to know about these two things, because they are going to help you with the next part of the discovering the health of your finances equation – YOUR NET WORTH. If liabilities …
Your Financial Health – How To Calculate The One Vital Sign You Don’t Want To Miss Read More »
Do You Know Your Vitals? Answer me these questions – what assets do you own? What liabilities do you have? Do you know what your net worth is? If you’re anything like I was 3 years ago, you’ll have no idea what I’m talking about. This is a chunky subject, so I’m splitting …
Improving Your Financial Health Part 1: Assets And Liabilities Read More »
#last1000days – a Gift from the NHS So last week I had my induction for the start of GP training. Every year the induction process gets more and more tedious – the same “fire-safety” information, how to lift boxes, microbiology, pharmacy…the list goes on. Usually I’m bored out of my brain listening to it all, …
Champagne lifestyles…. This is a topic I know A LOT about. I have a sneaky feeling you do too. So what do I mean by living a champagne lifestyle on lemonade money? What I mean is that you live a lifestyle that is far above what you actually bring in every month in your salary. …
Emotional-spending If you’re anything like me, you will have a spending weakness for something – be it shoes, bags, makeup, watches (like my mum), cars or toys for your kids, there will be SOMETHING you can’t resist. For me its shoes. Specifically; high-heeled ones. With red soles. Don’t get me wrong – before this, I …
A shoe isn’t “just a shoe” – the trap of emotional spending Read More »