Three Critical Rules of Money Management

Happy New Year!  We hope that you have had a fantastic time over the Christmas/New Year period and enjoyed a least a few days off.

It’s (late) January, a time for reflection about last year and looking ahead at self-improvement for this year.  Once you have worked through the diet and exercise goals (they always seem to be fairly near the top of my list), there’s the money planning for the year.

Here are the Three Critical Rules of Money Management that you need to incorporate into your planning.

Wasting Money? Money Week Could be for You.

Whilst Money Week is a great initiative to build awareness around financial literacy, money management and investment, is it really going to reach those people who need it most?

Are you wondering where your money is disappearing?  Well this week is Money Week, with some great opportunities to lean more about managing your money.  There are workshops, seminars and plenty of other financial resources that are going to help you learn how to improve your financial literacy.

However, it is quite likely that the majority of people who are going to attend events aren’t the ones that actually need to be there.

It’s like anything in life we want to change, if we aren’t committed and clear that we actually want to make change, then we aren’t going to.  We might have friends and family around us saying we need to change our financial behaviour, but until you actually own that ‘Need’ and it becomes a clearly defined ‘Want’, you are going to do a big fat nothing!