10 Money Goals Everyone Should Have

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10 Money Goals Everyone Should Have
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• Lets just talk financial goals (and our best
  advice before we dig in, is that you should
  always check in with yourself every 90 days to
  see how or even if youre making progress).

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• 1.Start paying a little into an emergency fund
• One in four UK adults have no savings at all,
  which leaves the vast majority of us only one
  emergency away from serious financial problems.
• Having an emergency fund could provide you with
  peace of mind that youd cope if you lost your
  job or had to pay for an expensive repair. But,
  inevitably, if youre like the majority of Brits,
  you may not have a lot (or any) spare money lying
  around after your bills have gone out. Which is
  where our next tip steps in

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• 2. Make certain youre spending less than you
  earn
• One in 10 Brits say that they usually spend more
  than they earn. But do you know how much your
  outgoings are? Any idea, at all? In order to
  improve the health of your finances, you first
  need to know what youre dealing with by creating
  an income, expenditure and debt breakdown.

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• 3. Cut your living costs
• Next, work through each of your outgoings and see
  whether switching could make your everyday life
  cheaper. Use comparison sites to compare your
  insurance, gas, electricity, and internet and
  mobile phone contracts.
• You should also go through three months worth of
  bank statements and your list of direct debits to
  see whether there are any outgoings that you no
  longer need, or perhaps werent even aware of!

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• 4. Overcome your addictions
• From two takeaways a week, to clothes, onto
  gambling and general retail therapy, theres a
  long list of things that could form the focus of
  an expensive addiction. Do yourself a favour and
  before you even think about your finances, think
  about whether this resonates with you, and what
  youll do to at least reduce your spending on
  whatever it is.
• If you buy too many things on wild shopping
  sprees, start with a de-clutter. Chances are
  youre sitting on a mini goldmine and websites
  such as eBay and Gumtree makes selling them a
  snap.

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• 5. Create More than One Revenue Stream
• Love your job? Great! But theres always plenty
  of reason to look for other revenue streams to
  boost your income. Some ideas include
• If you have an area of expertise, publish an
  eBook (self-publishing is super cheap nowadays)
• Filling out paid surveys
• Mystery shopping
• Using cash-back websites to save on the purchases
  you make
• Blogging on a topic you know well

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• 6. Fight, Climb and Drag Yourself out of Debt
• If youre struggling with serious debt problems
  then you can read all the blogs and financial
  guru advice in the world, and still be facing
  piles of final demand letters each month.
• Our advice is to tackle your debt by speaking
  with an impartial debt agency theyll be able
  to provide tailored advice that you rarely find
  online.

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• 7. Itchy feet in your current job role? Go career
  hunting
• Full-time employees who switch jobs gain a 5.2
  increase in salary on average. So if youre
  feeling that its time for a change, why not
  review your career options?
• But remember always balance any spike in income
  with the enjoyment of the job. You spend 35 of
  your waking hours at work, its essential you
  enjoy them otherwise whats the point?

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• 8. Get organised for the future (no matter how
  distant)
• Nobody likes to talk about it, but equally none
  of us will live forever. Yet 60 of people dont
  have a will are you among them? Arrange this
  now, and you wont have to deal with it again
  (unless your financial circumstance change, that
  is). Youll also be doing your loved ones a huge
  favour (after all, nobody likes to wade through
  red tape and paperwork after losing someone close
  to them).

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• 9. Plan (way) ahead for early retirement
• Youre never too young to start saving towards
  your pension pot. Shockingly 43 of the
  population have no idea as to how much theyll
  need for a comfortable retirement, while 55
  think that 100,000 is the magic number. If
  youre yet to consider your retirement, start
  with a little online research from an
  independent, non-biased source.

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• 10. Get insured (just in case)
• A serious injury or illness could sabotage all
  the hard-work youve done following the nine tips
  above. So our final bit of advice would be to at
  least get yourself income protection insurance
  (starting at around 3 per month, this may be the
  cheapest wise move youve ever made).

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Thank You

• National Debt Help
• Beckwith House,
• 1 Wellington Road North,
• Stockport, SK4 1AF
• https//www.national-debt-help.co.uk