financial planning

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3 Times When the Cheaper Option Isn’t the Best Choice

the cheaper option

3 TIMES WHEN THE CHEAPER OPTION ISN’T THE BEST CHOICE

We all want to save money and one of the best ways to do that is to find cheap deals on the big purchases that you have to make. But saving money isn’t just about spending less, it’s about spending wisely. Sometimes, the cheaper option is best and you’ll save yourself a lot of money, but in some cases, it’s best to go for quality and pay a bit more for it. Sometimes, you get what you pay for and the cheap alternatives won’t hold up to the more expensive option, which means that you’ll be replacing things more often and spending more money in the long term. But other items are basically the same whether you buy the expensive brand or not, it’s just good marketing.

So, how do you tell the difference between the two? These are some of the items that you should spend more money on. 

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Cut Your Outgoing Costs Not Your Standard of Living

cut your outgoing costs

CUT YOUR OUTGOING COSTS, NOT YOUR STANDARD OF LIVING

The Good Life, we all want to live it, even if it does look a little different for each individual family. Of course, most people believe that the finances at their disposal or lack of them are what stand in the way of the quality of life they want. The good news here, however, is this isn’t necessarily the case. In fact, it’s entirely possible to have an excellent standard of living while only paying out very little.

Below we show you how.

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Steps You Can Take to Plan For Your Financial Future

plan for your financial future

STEPS YOU CAN TAKE TO PLAN FOR YOUR FINANCIAL FUTURE

A lot of people delay planning for the future because they think that they have bigger and better priorities right now. This is understandable, but if you are not careful you may actually end up in a bad situation that is hard to get out of. Right now, is the best time for you to start thinking about what lies ahead, so you can start to implement the right measures.

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7 Ways You Can Teach Your Child To Make Money

 

teach your child to make money

7 WAYS YOU CAN TEACH YOUR CHILD TO MAKE MONEY

Whether or not you want to teach your child to make money is a personal choice. I have chosen to teach my child for the following reasons:

  • I want him to grow up knowing he can make money if ever he really needs to.
  • To give him the right mindset to be self employed should he want that for himself when he’s older.
  • It shows him the value of money and where it comes from.
  • I would like him to grow up with a positive attitude to money and understanding that if he’s willing to work for something, he can achieve it.
  • Simply, as a Mum, I want him to know that he will always be ok and there are always ways you can make money!

So, how can you teach your child to make money? (more…)

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