Unfortunately, our emotions and cognitive bias can have a huge impact on our financial behaviours. Traditional economics assumes that rational decisions are made by individuals. This is compared to the acknowledgments made by behavioural finance which suggests humans are not always logical, especially where money is concerned. Emotions can and often do lead people to […]
Budgeting is a word which can strike fear into the hearts of many. This is because it means, to most anyway, a period of belt-tightening and of denying oneself the most fun things in life. This is what is known as restrictive budgeting. While it works well providing you have the discipline to stick to it […]
As we age it can be hard to find a purpose in life. This means that boredom and lethargy can set in, which can have drastic effects on older people. Boredom can lead to depression and social isolation which in turn can affect all aspects of physical health. This is why it’s important for older […]
Every year as Christmas rolls around, people find themselves struggling with the extra expense that the festive season brings. This often leads to a situation where they find themselves starting the New Year with debts that they could have done without. It can be a vicious cycle but there are some fantastic things that you […]
On 30th October 2024, the government announced their Autumn Budget. This was the first from the new Labour government and the first ever budget delivered by a woman. The big questions that everyone are asking are what does the budget mean for them? With this in mind, let’s take a look at what the 2024 […]
There is no doubt that it’s time for many of us to look at our finances. It certainly pays to budget wisely, and saving some money along the way has to be a good thing. Whether to cope with the rising cost of heating, getting around with transport and fuel costs increasing, or simply paying […]