It’s that time of year again where if you’re not making end of year lists, you’re deciding new year’s resolutions. I’ve never really been one to make a resolution, or if I have, i’ve never actually stuck to it, but if there’s one thing i’ve learnt from 2017, it’s I need to be better with money.
One thing I have noticed recently is the way banks and startups are utilising technology to help us be better with money, and I can certainly get on board with that. I’ve noticed there’s a lot of companies that I have bills to pay with, that refuse to change their direct debit dates, which gets right on my nerves. What this has resulted in is once I get paid, different bills are going out at different times. I know in my head what days each thing is going out, but it still doesn’t help with my incapabilities to budget once I see a nice pair of trainers or purchasing music. That’s why for 2018 i’m going to get on board with the whole budgeting thing, and technology is going to help me, in particularly apps for my iPhone.
One app I really like the look of is Squirrel. It’s basically an app that helps you budget by splitting your salary up into bills, savings, and a weekly allowance to spend on whatever you like, and therefore is the ideal way to help improve spending and saving habits. I like the way it splits it up meaning I can decide how much I want to save each payday (should probably start saving for a house, or a holiday 😉), but the main thing for me is knowing exactly how much is going out each month, even though they’re at different dates across the month, I can know right at the start of the month how much is going to be taken out for bills, and work with the remaining budget for whatever I like.
Now i’ve downloaded the 3- month free trial I can’t back out and will actually stick to this New Year’s resolution for once. I’m already starting to look at what music festivals and holidays i’m going to be attending in 2018 so need to factor this in at an early stage for my spends, so I don’t end up struggling.
What’s your New Year’s resolution for 2018? Let me know in the comments below…