by Anne-Marie | Jul 25, 2022 | How to set up your money management system
Our Money Management System Decide how you’ll transact on the ‘bucket’ accounts between cash, debit and credit cards. Budgets are a moment in time and a starting point. Money Management is about developing a system that provides feedback loops, so that it’s simpler to... by Anne-Marie | Jul 25, 2022 | How to set up your money management system
Review your insurances Insurances are a large expenditure for most of us. They’re a necessary evil for most to protect our wealth and assets until we are financially independent. We recommend setting up a schedule in a spreadsheet with all your insurances so that you... by Anne-Marie | Jul 25, 2022 | How to set up your money management system
Pay yourself first A key principle many of those who’ve created great wealth to live by is the concept of ‘pay yourself first’. This simply means figuring out how much you want to save each month, tuck that away, and only spend what you have left. In other words,... by Anne-Marie | Jul 25, 2022 | How to set up your money management system
Groceries A critical part of our ‘Life’ bucket are our grocery expenses. This is a category where the cost can easily creep up on us! Especially if we have a burgeoning family. You can dig and explore the detail of your spending on groceries, and simultaneously review... by Anne-Marie | Jul 25, 2022 | How to set up your money management system
Trimming the (expenditure) fat! Once you’ve selected your buckets, now it’s time to… ‘Document’ where you will cut back spending. Certain areas of expenditure will jump out at you when you go through the process of reviewing your expenses over twelve months. While you...
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