Learn Login to MyFinFit FinFit Learn  |  Spending & Budgeting How to guard against lifestyle creep ‘Lifestyle creep’ describes the tendency we all have to spend more as we earn more. Of course, a level of lifestyle inflation is inevitable and quite natural – most of us don’t live as frugally as we did when we were students, or starting out in our first job. But if unchecked this can create the unwelcome situation where although we earn...

Learn Login to MyFinFit FinFit Learn  |  Spending & Budgeting How to make your work bonus work hard You’ve worked hard for your bonus, now let’s let it work hard for you! Below we look at a handful of options for spending or saving your hard earned money… Chip away at debt It might not give you the same feeling as spending it on something nice, but using some or all of your bonus to clear a chunk of debt might make it go...

Learn Login to MyFinFit FinFit Learn  |  Spending & Budgeting How to create (and stick to) a spending plan when money is tight In today’s financial climate, adapting to economic shifts is crucial. The 50/30/20 rule, recommended for its straightforwardness, suggests dividing your take-home pay into 50% for necessities, 30% for desires, and 20% for future financial growth. Yet, in times of economic squeeze or income fluctuation, this strategy...