We’re all living longer. In fact, the average life expectancy of a UK resident is 81 years, according to the World Health Organisation (2013). It should be fantastic news, right?
However, you may notice some people’s eyes glaze over with fear at thought of a longer retirement. That’s because, well, long retirement is only a blessing if you can afford to see yourself through it to the very end. Unfortunately, that doesn’t seem to be the case for a lot
I'm proud to announce that Budget Breakaway has been nominated for a Liebster Award courtesy of Weenie from Quietly Saving - thanks Weenie! It's great to be part of the super proactive personal finance community so I'm more than happy to keep the momentum going by answering Weenie's questions.
If you’re new to Budget Breakaway, each month I reflect on the previous month’s financial progress and calculate my total earnings from side hustles. I analyse any activities that may have had an impact on my finances and check up to see how far I have climbed towards my long term goals.
Cute, fluffy and purrrfect
for making a house a home but did you know the average lifetime cost of a cat is £17,200?
When considering getting a cat it's important to know the costs that are involved, these are the common expenses you will encounter:
One of my goals for 2014 was to create an emergency fund of £1950 to cover me for 3 months without work. Last month I set myself a rather ambitious goal of adding £777 to the fund.
With some frugal living and ferocious side hustling I actually managed to deposit £1490 into my cash ISA this month - my emergency fund is fully fueled!