Budgeting 101

1. Budgeting Basics

Budgeting and money management are generally not subjects taught in school or college. However, it is very important to be taught budgeting basics. Learning how to manage money and avoid getting into debt at a young age helps to build financially responsible adults.

In order to educate individuals in budgeting and financial management, it is vital to explain exactly what we mean by ‘budget’…

2. Avoiding Debts and Payday Loans

Following on from our blog about learning budgeting basics, it is equally important for teens and young adults to be educated about debt, in particular the dangers of taking out payday loans. Debt seems to be part of adult life in today’s society. This is evident with the ‘buy now pay later’ offers and the easily accessible credit cards and store cards that are offered in abundance…

3. How to Be Financially Secure Online

We live in a time where nearly everything can be purchased online. Personal banking, bill payments, holidays, food shopping — they can all be done online. There is no need to have access to cash when out shopping because contactless cards along with Apple Pay and Android Pay have become the norm. Such advances in technology are amazing and extremely convenient, but there is also a danger…

4. Budgeting for School Leavers

Personal finance is unfortunately not a subject taught in all schools. For this reason, some young people leave school without knowing how to manage money effectively. Many are also clueless about applying for credit and…