Paying off loans and credit cards
you’ve already missed credit card or loan payments or if you’re behind with so-called ‘priority debts’ such as your rent or mortgage, energy bills, Council Tax, child support or court fines,My advice is leave everything Right Now!! and run fast as you can towards a free debt advice charity straight away!!
Set a savings goal
Lets face it, Saving is never a fun thing to do, Consider saving as a medicine to your financial problem, you have to save and that's it, No excuse, no matter how good something is that you want. Keep the small amount of money aside, monthly. Dont put it where you put your money for spending, make your separate box to keep the money away from your wallet, to resist the urge to spend. If you can't convinced yourself to save just imagine yourself that you just have got a call from your future self, that you going to be needing the money in future so start saving now!! Emergency savings, he is calling from future, that his heater broken down, and it minus -18 C and s/he, have not bath for six months!!! or he or she got fired and have not eaten for 6 days straight
Your first step is to have some emergency savings – money to fall back on if you have an emergency, such as a heater breakdown or if you can’t work for a while.
Try to get three months’ worth of expenses in an easy or instant access account. Don’t worry if you can’t save this straight away, but keep it as a target to aim for.
The best way to save money is to pay some money into a savings account every month.
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