Many young adults leave school knowing how to solve complex maths problems, but have little understanding of budgeting, saving, or managing their own finances. Money is one of the most important life skills a child can learn, and is rarely taught in enough depth at school. Studies have shown that money habits are formed by […]
Saving sometimes can be overwhelming. Often, we don’t know how to save. No one taught me in school how to use my money, how to budget and how to save. And yes, it may sound simple, just save such and such amount per month, but let me tell you it is not that simple. Nowadays,
I remember the times when I didn’t have any budget, and it was such a mess. I was always questioning myself, “Where did our money go? Did we save enough? How much did we spend?” I knew we were overspending because of impulsive buys, but I didn’t know how to stop. Let’s be honest, juggling
Many people don’t realise how expensive it is to raise a child. And if you think it’s expensive when they are little, wait and see how expensive it is when they are older. Obviously, we all know the stages of a child: newborn/ baby, toddler, early childhood, teen/young adult. Well, when they are little until
In a world full of tempting toys, games, and gadgets, the idea of saving money can feel very boring to many children. They always want the same as what their friends have, everything they see in the shops, and they want it now, not later, not tomorrow. When they receive birthday money or a gift
As soon as we have children, we go straight into parenting mode. Looking after them- feeding, teaching, caring for them, growing them to be happy and healthy. Teaching them to be independent, and we try to prepare them for adult life as much as we can. But how many of us actually teach our children
Earning pocket money doesn’t have to be boring and repetitive; the way kids earn their pocket money these days has evolved dramatically. When I was a child, it was as easy as just helping with the grocery shopping or helping fold the laundry. Today’s kids are so creative, imaginative, and more eager to explore different
Budgeting doesn’t have to be complicated and stressful. If you break it down into just a few simple categories, everything becomes easier. No more collecting piles of receipts, trying to sort them out, and wondering where your money went and what you even bought. I spent years trying to track every single expense this way,
It is very easy to spend more than you realise, even when you think you are not overspending. Most families try really hard not to overspend, and they work really hard every month to make their budget work. They spend hours and hours planning, calculating, and creating the perfect budget. Not many realise that there
Did you ever ask yourself why you have to walk through the shop to get to the bread section? ”Grocery Store Trap.” Basically, a lot of shops use techniques called ”store traps” to nudge you into spending more than you are planning to. The store layout is meant to slow you down; all the essential
