Being ‘good’ with money isn’t always easy – especially when you don’t have much of it. We have probably all experienced those days leading up to payday where you’re counting down the days until the money goes in your bank. Being better with money isn’t always as easy as just following a few steps because life isn’t that simple, but here are some ways to be better with money that we hope help!
Make Sensible Borrowing Decisions
If you reach a stage where you do need to borrow money then doing this in the right way is essential. There are some fantastic responsible lenders out there that can help when it comes to borrowing in the right way, so make sure you seek these out. Polar credit for example has an easy-to-understand website that allows you to adjust how much you borrow. With them, you have a credit limit that you apply for and when accepted you can choose how much of that you want to spend, which is then transferred to your bank account.
They’re one of the credit card alternatives available to people looking to borrow money and you only pay fees on the amount you have actually borrowed which is great news!
Can You Earn a Little Extra?
We’re big fans of side-hustles here, so earning a little extra pocket money is something we’re always looking to do. Carrying out market research, filling in surveys, starting a blog and even just making sure you use a cashback platform for all of your purchases can help when it comes to earning a little extra. Although you might not have the time to dedicate to this to make an actual wage, earning a little extra each month can help to take the pressure off.
Make Use of Round-Up Bank Services
Lots of banking services now allow you to opt to round-up any amount that you spend – this means that you a few pence every time you shop is transferred to a savings account. One of the best ways to be better with money It’s just a small amount that at the time you’ll barely notice it – but when it comes to a few weeks down the line and you’re feeling the financial pinch, it can help with easing the pressure to have a few pounds tucked away in an easily accessible savings account.
These ways to be better with money won’t necessarily make you rich overnight, but they can help you to become more in control of your expenses and spending, which can only be a good thing. If you have any ways to be better with money that you find effective, please share them!
*Written in collaboration
About Debz Louise
Debz Louise is a UK-based lifestyle expert and the founder of several lifestyle blogs, including Wannabe Princess and Under 5s. Specializing in everything from interior design and home renovation to body-positive fashion and early years development,