-
Money catch-up
Think of it as a regular check-in with your finances. Whether it’s a monthly solo session or a quarterly sit-down with your partner, this is your time to get clear on where your money is going and how it’s working for you. Tip: add it to your calendar like you would a meeting.
-
Set up your system
You don’t need a fancy app or spreadsheets full of charts (unless that’s your thing). A simple list of your accounts, bills, and goals will do. Keep everything in one place so it’s easy to update when needed. Make it personal - this is about making your money routine work for you.
-
Know what you’re working toward
Saving towards a goal can be really satisfying. Attach meaning to your goals, whether it’s buying a house, funding your dream retirement, or building a safety net. Break them into achievable steps and celebrate your progress along the way - yes, even the small wins.
-
Save for life’s curveballs
An emergency fund isn’t just a financial buffer, it’s peace of mind. Aim for 3 to 6 months of essential expenses in an easy-access account. Whether it’s a surprise vet bill or a cracked phone screen, this fund has you covered.
-
Budget without the boredom
Budgets have a bad rep, but think of them as your financial map, guiding you toward your goals. Adjust yours regularly. Did you get a raise, change jobs, or face new expenses? A flexible budget keeps you in control without feeling restricted.
-
Check-In on your borrowing
Debt isn’t inherently bad, but it needs managing. Start with high-interest debt like credit cards and payday loans. If you have a mortgage, check if you can switch to a better deal when your fixed term ends - it could save you thousands.
-
Don’t let bills sneak by
Are you overpaying for subscriptions or utilities? Probably. Take a few minutes to compare deals and switch if there’s a better offer. That extra cash is better in your pocket than someone else’s.
-
Supercharge your savings
Savings accounts aren’t all created equal. If your interest rate is lagging, shop around for one that boosts your money. It's good to make your money work hard for you.
-
Keep tabs on credit
Your credit report is like the silent partner in your financial life. It keeps track of any borrowings you have with financial institutions in Ireland over €500. So check it regularly, correct errors and make payments on time.
-
Stay Curious
Managing money isn’t just about numbers, it’s about learning what works for you. Read a new finance book, try a budgeting app, or listen to a podcast that makes money fun. When you treat it as a skill to build, it becomes less daunting and more empowering.
-
Review Policies, Utilities, and Tax Benefits
Don’t let policies and utilities auto-renew without checking for better deals. Shop around to ensure value and adequate coverage. Explore tax benefits, claim unclaimed reliefs, or maximise pensions. Unsure? Consult an accountant.
Takeaway: Financial control doesn’t have to mean endless spreadsheets or strict budgets. With a little creativity and a few practical steps, you can create a system that works for your life.
