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10 money saving tips for the holidays
The holiday season is a magical time, but it can also be a very expensive one if you’re not careful. To help you avoid financial stress come January, we’ve put together 10 tips to keep your holiday spending under control.
Tip 1: Set a spending plan
The best way to avoid a massive credit card bill after the holidays is to create a spending plan. Decide...
How to create a spending plan you’ll actually stick to in 5 steps
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FinFit Learn | Spending & Budgeting
How to create a spending plan you’ll actually stick to in 5 steps
Having a spending plan is about knowing exactly where your money is going so you can feel more in control of your finances and enjoy life without the stress of overspending. Whether you want to plan weekly, monthly, or even annually, following these five steps will help you build a plan you can stick to.
1. List...
It’s time for a truly stress-free, festive season
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FinFit Learn | Spending & Budgeting
It’s time for a truly stress-free, festive season
This winter is a season of sharing and appreciation, not a season of stress. Don’t let anything get in the way of your festivities – least of all money worries. However you want to celebrate – whether it’s spending time with family, planning to jet off on a vacation, or searching for the perfect gift for a loved one, a...
How to trick your brain out of impulse spending
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FinFit Learn | Spending & Budgeting
How to trick your brain out of impulse spending
Spending money can be an emotional decision, as much as a financial one.
We all know that buzz you get when you allow yourself to splash a bit of cash and you walk out of a shop with a shiny new purchase. But we’re probably just as familiar with the guilty feeling of spending too much money on things we don’t really need. This not only causes...
Are you an emotional spender?
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FinFit Learn | Spending & Budgeting
Are you an emotional spender?
What is emotional spending?
Emotional spending is when the way we feel dictates our spending. It’s usually when we buy things as a ‘pick me up’, to help us feel better whenever we’re feeling low or as a reward for when we’ve worked hard.
It doesn’t help that we are constantly bombarded with social media ads telling us that buying something new will solve...
Are contactless payments costing you more money?
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FinFit Learn | Spending & Budgeting
Are contactless payments costing youmore money?
Are contactless payments leading you to spend more than usual? Let’s put this to the test.
Paying cash makes you think twice before spending money
Leading behavioral economists believe paying with cash makes us feel more mindful when we’re spending money.
For example, when faced with a limited amount of cash in our wallet,...
Don’t ignore debt: How to manage your money
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FinFit Learn | Spending & Budgeting
Don’t ignore debt: How to manage your money
It’s all too easy to ignore debt until things reach a crisis point. If you owe money, and you don’t have a clear idea of how you’re going to pay it off, burying your head in the sand is a sure-fire way to find yourself in more difficulty.
So, how can you manage debt carefully and responsibly in order to get it under control and keep it...
What does it mean to be financially well?
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FinFit Learn | Spending & Budgeting
What does it mean to be financially well?
These days the term ‘financial wellness’ is being more widely discussed but what does it actually mean?
At FinFit we define financial wellness as a state of being where a person can fully meet current and ongoing financial commitments, can feel secure in their financial future, and is able to make choices that allow them to enjoy their life.
There...
4 practical tips to get your money into shape – starting now!
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FinFit Learn | Spending & Budgeting
4 practical tips to get your money into shape – starting now!
We know that money can be overwhelming to think about, particularly if you don’t know where to start. That’s why we’ve outlined four simple and actionable ways for you to start taking control of your money.
STEP 1: Be a goal getter
STEP 2: Review your money
STEP 3: Money messages
STEP 4: Money moments
Step 1: Be a goal...
How to budget using the envelope method
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FinFit Learn | Spending & Budgeting
How to budget using the envelope method
If you struggle to make your money last until payday, you certainly aren’t alone. Millions of people have the same money worries heading toward the end of the month: that there isn’t enough in the bank account to cover the bills we need to pay. There are many different budgeting tools and a host of smartphone apps that you could use to...