Let’s Talk About All Things Personal Finance

A key focus of my blog is Financial Literacy/Money. Though you would think it’s common knowledge, there is a lot that the lay person doesn’t know about personal finances. The following contributed post is entitled, Let’s Talk About All Things Personal Finance.

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Personal finance is something that everyone needs to talk about at some point. If you have never had any advice on personal finance, then it’s a good thing that you have come across this guide. We’re not going to go too in depth on any one point, but rather we’re going to just look at some of the basics that you need to know, and you can learn more if you find yourself interested. Keep reading down below to find out our basics!

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Managing Your Money

First, you need to know that managing your personal finances is essential. You need to know how much money you have, what it is tied up in, what you have in any given bank account and so on. We suggest that you go over your budget once per month to ensure that everything is on track, and if it isn’t, sort it out. If you find that you aren’t very good at this or you don’t have the time, then you need to think about hiring someone to take care of it for you. There are professionals who work in managing personal finance so that you don’t have to. While it might be another expense each month, it may also be worth it.

Making More Money

Another thing that you need to know about is making more money for yourself. You can do this through a side hustle, or through something like investing. We do recommend that you look into US clients Forex brokers before you get started though as they are the experts. The last thing that you want is to start something like this blind, and without the tiniest of clues as to how to proceed. Using a professional will make your life that little bit easier, and make you more money than you ever thought possible from something like this.

Trust us when we say though, that there is more than one way to invest and even more ways to make money. It’s up to you which of these you choose, as long as you are choosing the option that is best for you.

Saving Money

The final thing that we are going to look at involves saving money. You need to know that you have got a little blanket of safety if things ever go wrong. Not that they are going to, but if you lose your job or need to make an urgent repair, savings will be a lifeline you didn’t know you would need. You might think that this is going to be hard, but if you include this in your budget then it is actually a super easy thing to do, just don’t touch the money in the savings account!

We hope that you have found this article helpful, and now see some of the things that you need to know about your personal finance. There are a lot of little things that come together to make up this category, and we wish you the best of luck when it comes to managing yours!

Take Control of Your Finances When You’re Struggling

A key focus of my blog in Financial Literacy/Money. A significant part of your personal success and quality of life is your personal financial health. Taking control of your finances is particularly important when you’re struggling. The following contributed post is entitled, Take Control of Your Finances When You’re Struggling.

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Everyone experiences money troubles of different kinds. Even when you’re financially comfortable, you can have times when you’re trying to work out how to stretch your money further. There are also times when you can feel like you’re really struggling and you don’t know how to get back on track. Your money problems are ruling your life, but you don’t know how to make them go away. You could be in a lot of debt or struggling to pay the bills, and you feel like you have no control. If you want to start getting control of your finances, have a look at these steps.

Make a Plan for Your Debts

Most people have some kind of debt, whether they’re paying off a phone, have a credit card or have a mortgage. Some debt is good debt, but there’s also plenty of bad debt, and it can weigh on you heavily. Making a plan to pay off your debts should be a priority if you’re having financial problems. You might need to look into tax relief options if you’re struggling to pay off a tax bill or consider debt consolidation if you have a number of debts. Look at different strategies for paying off debts too. You might pay off the cheapest or the most expensive first.

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Create a Budget

Everyone who wants to get their money under control needs to start budgeting. When you set a budget to stick to, it helps you to control your spending. The first thing that you need to do is take a look at what you’re currently spending. Work out how much your fixed expenses are, then come up with a reasonable budget for more variable expenses, such as groceries and clothes. Once you have a budget, you can track your spending, and you’ll be more conscious of whether you’re sticking to your budget.

Review Your Spending

After creating a budget, you might be able to start saving some money by lowering both your fixed and variable expenses. For example, review your bills to discover whether you could save any money. Find any subscriptions or services that you no longer need or that are wasting your money. Do you really need cable TV? Do you use that Netflix subscription? Getting rid of unnecessary spending can help you pay off debts faster, save more or have more money to spend on things that you want or need.

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Go Cash Only

If you feel like you need to reconnect with your money, consider using cash only to pay for things. You can set up automatic payments for bills, but when you do things like go grocery shopping, withdraw a set amount of money for the month so that you know exactly how much you have left. Stop using your credit card and even debit card for a while, and slowly start to use them again if you feel comfortable.

You can take back control of your finances. Start taking a close look at any debts, your spending and how you could save money.

There’s A Rocky Road Ahead. How Will You Take Back Control Of Your Finances?

Two of the focuses of my blog are Current Events and Financial Literacy/Money. Sometimes there are global and systemic events that have the potential to throw our personal finances into chaos. At the time of this blog post going live, the world is going through such an event with the Coronavirus/Covid-19 Pandemic. Everyone must come up with a plan for survival during this and other crises. The following contributed post is entitled, There’s A Rocky Road Ahead. How Will You Take Back Control Of Your Finances?

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As governments and markets around the world respond to the healthcare and economic implications of the coronavirus, it’s safe to say that most of us have a rocky economic road ahead. Already, many of us are learning that no job is as stable as we thought. No employer is as untouchable as we assumed and that the gig economy has no emergency exit. For many of us, joblessness is a very real and imminent prospect, and many more will face a reduction in their gross salaries at the very least. But in this digitally interconnected age, none of us are powerless. Each of us has the tools at our disposal to make money safely, grow our income and take back control of our finances, whatever capricious twists and turns economic forces may bring.

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Here we’ll look at some ways in which you can make a little extra money and regain control of your finances without even leaving your home…

Start your own dropshipping business

In this uncertain time, it’s likely that more and more people will increase the amount of online shopping they do. While high street stores may have already begun to close their doors, there’s a potential e-commerce boom on the horizon. And that means great opportunity for the quick witted and the enterprising. Dropshipping is a popular way to start a home business as it has the potential to start making money quickly with few or even zero overhead costs. Dropshippers buy items as and when needed and sell them directly to the consumer via trusted online channels, meaning that there are no warehousing costs involved and no liquidity tied up in stock that just sits untouched on the shelf.

Try out trading

In the current landscape, there are a wide range of economic forces in a state of flux. But even here there’s potential opportunity for the savvy investor. Of course, with any kind of investment comes a degree of risk. Nonetheless, with a wide range of digital trading platforms like Targets Trading Pro available, you can start out trading and get to know the futures markets with minimal risk. Invest small while you get a feel for the markets, then as you grow more confident and informed you can grow your investment in direct proportion to your confidence.

Jump on the affiliate marketing bandwagon

If you already have a blog, a YouTube channel, a successful Instagram account or any other kind of robust online presence, you might want to think about joining the fast-growing and eminently profitable world of affiliate marketing. With a potential rise in ecommerce on the horizon and a period of potential uncertainty it’s likely that people will gravitate towards trusted brands. Affiliate marketers make money on purchases made by their followers from brands that they already know and trust. Joining an affiliate scheme is easy, low risk and potentially very rewarding. Here are some of the best ones which you can try right now.

Who knows what the future will bring. But the tools above can help you to stay proactive and ahead of the curve, enabling you to take control of your finances and insulate your household from financial risk.

Five Issues That Will Put Your Finances Through The Wringer

A key focus of my blog is Financial Literacy/Money. There are a couple of keys to properly managing your personal finances. There are also things you can do to destroy your personal finances. The following contributed post is entitled, Five Issues That Will Put Your Finances Through The Wringer.

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Are you worried about your finances? It doesn’t matter how much you earn, financial trouble is something that keeps a lot of people up at night. Here are some of the biggest issues that you need to be prepared for.


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If you’re looking for one of the worst issues that can hit your finances harder than you would like, turn your attention to the possibility of unemployment. The danger can be catastrophic. If you are made redundant you will typically struggle to be able to afford even basic costs let alone things like rent or your mortgage. So, you will need to work to find a replacement job as quickly as possible. But that’s not easy and if you have been off the job market for a while it can be difficult to find your footing. That’s why you need to make sure that you are keeping your CV up to date. Even if you think your job is safe, keep that ear on the ground and make sure you are aware of new opportunities.


You would probably like to believe that a lawsuit isn’t going to be that expensive. Well, it depends what legal issue you are facing and whether you the defendant or the claimant. When you look for a criminal defense law firm to represent you, you should always think about your budget and what you can afford. Even then though, most people are going to find they need to take out a loan to pay the costs. That’s just a fact of life. Hopefully, you will at least get a positive outcome. Don’t forget though even if you are the claimant some of the damages will go towards your lawyer. The good news is that you can use some of your winnings to pay the cost of the lawsuit. However, this is why many people will avoid a lawsuit completely unless they have a lot to gain.


You also need to consider the issue of divorce. The Oscar-nominated film Marriage Story actually provided a brilliant example of how tricky a divorce can be and how hard it can hit your finances. At one point Adam Driver’s character states it doesn’t matter whether his wife seeks profits from a new business venture because there’s going to be nothing left of it. When it comes to divorce you also tend to get what you pay for. Driver’s character initially seeks a high paid lawyer and then decides to save money. However, when the divorce proceedings begin he’s gone back to the high paid lawyer to get the best chances of winning the case. If you want to keep the cost of divorce under control. The best option is to make sure that you try and keep the proceeding as clean as possible. Make sure that it is amicable and then there will be no need for high-cost lawyers.

Theft, Fire And Other Damage

If your home or business is impacted by fire, theft or any damage like this, then it’s always going to hit your finances quite hard. That’s why it’s useful to ensure that you have the right insurance plan in place. When you choose an insurance plan make sure you are fully aware of what is and isn’t covered. You don’t want any surprises to creep up on you here. You should also think about putting the right measures to protect your home. If you’re thinking about theft, you should make sure that you are exploring various options. For instance, CCTV cameras will make it far less likely that your home is chosen for a break-in. Remember, these crimes aren’t typically planned in advance so the right deterrents can save you the trouble here.

Bad Investment

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Finally, do consider the issue of poor investments. Bad investments will knock you down and make it struggle to get back on your feet. If you face a bad investment, then you need to think about whether you can take action to reduce the loss. Selling even when you are at a low point can be the right choice rather than letting the value drain away completely. To avoid the risk of bad investments, never invest more than you can afford to lose. In this way, investing is very similar to gambling. But you should be taking calculated risks rather than throwing it all on black.

We hope this helps you understand some of the biggest issues that you can experience with your finances and how to handle them the right way. Take this advice you don’t have to let these issues cripple your bank account.