Money management is the kind of thing that really should be taught at school, but somehow never really is. It doesn’t matter whether you are a multimillionaire or you are scraping by each week, managing the Money you have and making it work for you is really important for making the most of what you have. You need to be able to recognize which investments are sound, how your funds should be balanced and find ways to make your money work harder for you. With the right skills, you can bring your money under your control and see your lifestyle improve without having to work longer hours. Building Your Savings Gradually building up your savings can be a long process, but just putting around 10% of your income into a savings account will help them to stack up. However, saving is a very personal matter and if you are already struggling to make ends meet, you may need to rethink your strategy somewhat. There are lots of ideas for how to start saving when you have a tight budget, and not all of them are entirely helpful! One foolproof method, though, is to put any unexpected windfall into savings rather […]
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