Category Archives : Save Money

Articles on how to save money


Money and Life Lessons For New Graduates

With graduation season upon us, now is a good time for me to impart my wisdom on the personal finance and life lessons I have learnt since my graduation. You may think the good times are over but graduation is just the start and their is a whole world out there in front of you. I know making a living on your own might sound scary, but heck, millions of people have done so in the past, so have some faith. The real world is tough no doubt about it. Student debt it too high, wages are stagnant, the Great Recession made it difficult to find a job and house […]


The Wealthy Do Have A Secret – They Know How Money Works 2

Many Britons – everyday people working to build a comfortable life – assume the “rich” have a magic formula or some sort of secret. It seems they know something about “how the world works” that the rest of us don’t. If the average person could just figure it out, they’d be wealthy, too. They’d live with less stress, more time, and more money. And money, after all, gives you the freedom to do what you’d like to do. Money allows you to buy your freedom form the rat race. What I found out from reading hundreds of books, studying countless articles and listening to numerous podcasts is that the rich […]


Saving Money Is Good For Your Psychological Wellbeing 1

Copious consumption. This seems to be the trend at the moment. Everywhere I look I see people spending money frivolously. Always updating to the latest version of a smartphone. Always wanting to stay in fashion by buying this seasons clothes. Always wanting a newer car. Always wanting to keep up with the Joneses. Now I am not against consumption. As long as you pay cash, I am fine with that. But that is not what is happening here. All this consumption is being driven by debt as opposed to money people actually have in their bank accounts. This is a worrying sign and it has has led to debt levels […]


CommuterClub Review – How To Get Discounted London Underground Train Tickets and Save Money

As the famous saying goes ‘nothing is certain but death an taxes.’ It seems that we now can add a third item to the list, increasing train prices. It simply amazes me to see how rapidly train prices go up every year. And with every passing year, more and more of my hard earned money goes towards paying higher costs on the underground. The only way to reduce your travel is to buy an annual ticket which are usually priced at a discount of 15-30% compared to tickets that are bought on a monthly or weekly basis. But let’s face it, no one has the money to pay over £1,000 […]


Best way to Teach Kids about Money, Business and Personal Finance Using Videos Made By Warren Buffet

Every responsible parent knows the importance of teaching their children about personal finance. If kids can learn about the importance of budgeting, how money can make even more money, the power of passive income and the power of compounded returns at a young age, they are sure to go through life on a steady financial grounding. The problem is most children are not interested in the finance related topics at a young age. They hardly like maths and english at school and I don’t think the subject of personal finance would be any different. The Best Way To Teach Your Children About Money – Secret Millionaires Club The best way […]


Power Of Compounding Money Illustrated – Best Motivation To Start Saving Money Today 4

Let’s face it, saving money is hard. If it were easy, everyone would be able to do it effortlessly. We are conditioned to spend money today instead of saving and investing it so we can have more money in the future. For many people, savings must be forced. One way of doing this is by automating your savings so that 10% of each paycheque goes directly into your savings account. Whilst this is a great method to build up your savings account, I don’t like saving and investing money to be forced upon someone. I want people to actually want to save money. I believe that if people learn about […]


Women Should Control Investing and Savings Decisions In a Relationship 2

Traditionally men have looked after a family’s saving and investment decisions. But in recent times, this has changed with women becoming more financially savvy. And the is great news for household finances. There is a good reason why women should control a households savings and investment accounts; they live longer and provide better returns. Women Live Longer Than Men Studies have been conclusive in showing that women on average live longer than men. And because of this, the majority of assets in retirement accounts are going to be controlled by women who outlive their husbands.. The trouble currently is many women who are approaching or currently in retirement have no […]


Split Ticketing Websites – Where To Buy Cheap Train Tickets Online

As train tickets prices keep moving upwards, the popularity of split-tickets is on the rise. Split-tickets is where you buy two or more cheaper tickets for your entire journey instead of one direct ticket. For example, if you are travelling from Nottingham to Manchester, instead of buying a ticket from Nottingham directly to Manchester,  it would be cheaper to use split tickets by purchasing a ticket from Nottingham to Sheffield and Sheffield to Manchester. This way you can save on money than the more direct route. The best part is you don’t have to switch trains in Sheffield as the same train goes all the way to Manchester. Websites where […]


Use the ladder method to determine how to start your journey to Financial Freedom – Ramit Sethi

When it comes time to begin your journey to financial independence, it can be hard to know where to start. There is so much information out there that it can get overwhelming. This is the biggest reason I started my journey to financial independence later than I would have liked. I didn’t know whether I should pay off debt, increase contributions to a pension, Invest via an ISA (or Roth IRA for US citizens) or simply to stick any money I have into a mutual fund and let it compound over time. Thankfully, Ramit Sethi has set the order out in his book I Will Teach You To Be Rich: […]


How Inflation Affects Everyday Life

In the financial news, inflation seems to be all the talk of late. The Bank of England has predicted that inflation will hit close to 3% next year and this is a dramatic change from the current deflationary environment. One of the key drivers in bringing inflation to the shores of Britain is the devaluation of the Pound (£). After the brexit vote, the pound has depreciated greatly against most other developed currencies. The devaluation of the Pound makes imports more expensive as you know have to pay more pounds for a given amount of a foreign currency. As imports in the form of products and raw materials rise, businesses […]