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Photo: KJGarbutt / Flickr

If you’re an entrepreneur or self-employed, you’ve probably had your fair share of having to deal with an unpredictable cash flow. This may include facing a low income over holiday periods, especially if you’re a freelancer. Managing cash flow begins with setting your minimum financial goals. What do you need every month to cover your expenses? Do you have a six-month emergency fund that you can draw on during the lean times? Do you have a savings plan? (more…)

Photo: Images_of_Money / Flickr

Taking control of your own financial future is one of the greatest gifts you can give yourself. Besides, if you have the discipline and dedication to plan ahead and manage your finances effectively, you could do very well at it too. Read on to find out what important factors you should be considering when working on your personal financial planning, including what to consider if you recruit the help of a pro. Keep it in mind that your objectives and goals are paramount. (more…)

Photo: RambergMediaImages / Flickr

Being in debt doesn’t just affect your credit rating; it affects your emotional wellbeing, too. Accumulating debt can cause anxiety and uncertainty about the future and, with the current economic climate, more people are feeling the effects of owing money. The quickest way to get out of debt is to look closely and carefully at what you spend each month – and what you spend it on. Made simple, working out a budget isn’t as much of a chore as you might think it is. (more…)

Photo: αλέξ Trüng Huỳnh / Flickr

Money is the one aspect of our lives that should not be guided by emotion.  Money is about logic and there are reasons that there are laws and processes around the borrowing and sharing of money.  One should perhaps consider this when reaching the point in a relationship where the topic of joint accounts enters the picture.  Ideally, accounts should only be joined when there is a legal contract between two people like a partnership or a marriage. (more…)

Photo: TangoPango / Flickr

The past few years have really brought home the problem of personal debt and overspending. There are many of us who unfortunately live way above our means and are getting ourselves deeper and deeper into financial crisis. Facing and dealing with your finances will lessen your stress and worry. Even if you are one of those people in whose pockets money burns a hole and you seem incapable to hold onto any of it as the month goes by, there is hope. (more…)

Photo: Kekka / Flickr

According to a new survey of 3,000 British mums, 85% are feeling the financial strain this holiday season, being forced to spend around £100 less, on average, on their Christmas shopping compared to last year. Fortunately, we have some tips for making the upcoming Christmas day just as enjoyable as ever, even with less money. (more…)

Photo: Stock.Xchng

The first step to understanding your budget and handling your money better is taking note of everything that you’re spending money on and understanding where your spending is unnecessary. Start off by listing everything that you have to spend money on every month – bills, rent or bond, groceries, and saving – and write it all down. Once you have a grand total for all of those, subtract it from the amount of money you’re earning and see what you’re left with. (more…)

Photo: Stock.Xchange

The art of buying great gadgets cheaply requires a combination of patience, a keen eye for the best deal and brand impartiality. But various steps can be taken to reduce your gadget expenditure. (more…)