How to build up a rainy day fund
Click here or on the image to watch our helpful tutorial on how to audit your expenses and build a rainy day fund.
The foundation of financial planning is to tell your money where to go instead of wondering where it went. A goal is to start building up a rainy day fund – which is ideally 3 months of your household expenses. This creates financial resilience when the unexpected happens. We’ve put together a helpful tutorial so you can audit your expenses and manage your money. This will identify your fixed costs and where you can make tweaks to discretionary spending and start building your rainy day fund. Video is 3.50mins.
You’ll find lots of helpful forms on our website
Once you completed an audit of your expenses, you can find other helpful forms here. There is a huge amount of information about budgets and how to manage your money, especially on social media which can often be inaccurate. Our expert financial advisers have some great tips and tricks so get in touch if you have any questions – we’re here to help you manage your money.
Once you know where your money is going, make a list of your short, medium and long-term financial goals. This will help you be more in control of your spending
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