Mindful Spending: Regaining Financial Command
How do you manage your finances? Consider these suggestions to modify your spending habits and save a little more. The Tendency to Overspend The temptation to overspend is particularly strong amongst the youth, who may not yet be focused on long-term savings or pension plans. This \’present bias\’ — a preference for immediate gratification over […]
Are you spending too much?
Impulse buying is essentially mindless buying. In other words, it’s buying something without a clearly defined need or want. Probably most people do it to some extent and in most cases, no real (financial) harm is done. For others, however, impulse buying can do serious harm to their finances. With that in mind, here are […]
Are People Spending Again?
According to research from Nationwide, the arrival of spring has seen people spending again and bringing their wallets out for air. The breakdown of their spending patterns may give an insight into current and future concerns. Essential versus non-essential spending Overall, Nationwide members made just over 217 million transactions with a combined value of almost […]
How to stop your spending
You may have heard about getting a payment holiday from a lender, but what about giving yourself a payment holiday? If you’ve been on social media, you may have heard people talking about “no-spend” periods. This can mean anything from not spending on anything they don’t actually need to get through the period to not […]