lower bills magazine

ISSUE 02 2023 QM Talks. We Take Care Of The Unexpected WWW.QUIDMARKETLOANS.COM

QM TALKS Intro From tips, tricks, mindfulness and more At QuidMarket, we're are responsible direct lenders based in Nottingham. The aim is to provide advice on how to manage your finances and promote mindfulness - something we feel is essential. Providing educational resources to help our customers make more informed decisions and manage their finances responsibly is key to our ethos of continued customer support.

QM TALKS Budgeting in 2023 In the ever-changing world of financial planning, it can be difficult to stay on top of your budget and savings goals. With new strategies and tools emerging all the time, it’s hard to know what will work best for you. In this magazine, we’ll discuss the latest budgeting and saving techniques for 2023 so that you can get ahead of your finances and start reaching your goals today.

QM TALKS WHAT IS THE STRATEGY FOR LOWERING YOUR BILLS? Are you looking for ways to save Saving money can be a daunting task, money but don't know where to but it doesn't have to be. By start? Look no further! In this article, following our tips on how to start we'll discuss simple steps you can budgeting you will find that saving take to lower your monthly bills and money isn't so hard after all. Make save money. From utilising sure you set realistic goals and comparison websites to cutting out create an emergency fund for services that aren't absolutely unexpected costs. Also make sure necessary, discover how you can your budget is flexible enough to make a dent in your bills without adjust as needed, since life changes sacrificing the quality of your life. quickly! Finally, don't forget the importance of tracking your spending The first step to lowering your and sticking to your plan – this will monthly bills is identifying where you ensure that you are able stay on can save money. There are many ways track with your savings goals! to do this, lets have a look at some of the options: Review your current expenses and look for areas where you can cut back or eliminate unnecessary spending. We know, seems obvious doesn't it but once you've made the commitment to look over what you spend each month - you'll soon see where you can save. Make a budget and stick to it. This will help you track your spending and identify areas where you can save money each month. We aren't perfect but making a start by deciding on a budget will really help you get on track.

Invest In Your Savings You can save money in a number of ways, but it all starts with identifying where your money is going. Investing your savings is a great way to grow your money. But where do you start? Here are a few tips: 01 What can you afford? Figure out what you can afford to save. This will help you set realistic goals and make the most of your money. This doesn't mean leave yourself short, the point is to be realistic! 02 Don't forget your savings Decide what you want to achieve with your savings. Do you want to retire early? Save for a down payment on a house? Build up an emergency fund? Whatever it is, build up a goal strategy and before you know it, you'll be on track!

03 Different stock options Consider different types of investments. stocks, bonds, and mutual funds are all options. Research each one to find the best fit for your goals and risk tolerance. Remember its your decision and like we've said, really research your options. 04 Start Small Start small and increase your investment over time as you get comfortable with the process, its a learning curb and one, if planned right and researched thoroughly could be beneficial.

TOP TIPS THE 50/30/20 RULE The 50/30/20 rule is a simple way to start budgeting to save money. It involves dividing your after-tax income into three categories: 50% for necessities, 30% for wants, and 20% for savings. This ensures that you are meeting your basic needs while also allowing yourself some room to spend on things you want. And, by setting aside money each month for savings, you can reach your financial goals more quickly!

By setting financial goals and creating a budget that supports them, you'll be on FINANCIAL your way to getting ahead financially. GOALS If you want to get ahead of your finances, it's important to take a close look at your Before you can save money and create a spending habits. Many people are budget that works for you, it's important surprised to find out how much money to know what your financial goals are. Do they're actually spending on non-essential you want to save up for a down payment items. on a house? Are you hoping to retire early? Do you want to have an emergency fund To get started, take a look at your bank in case of job loss or unexpected statements and credit card bills from the expenses? last few months. Make a list of all the regular expenses you have, such as rent, Once you know what your goals are, you utilities, groceries, and transportation can start setting realistic targets. How costs. Then, add up all the other expenses much do you need to save each month to you incurred during that time period, such reach your goal? What are some ways you as dining out, entertainment, and can cut back on expenses to free up more shopping! money for savings? Once you have a good idea of where your money is going, you can start to make changes to save money. For example, if you're eating out frequently, try cooking more meals at home. If you're spending a lot on entertainment, see if there are free or cheaper alternatives available. By making small changes to your spending habits, you can free up more money to save or invest for the future. Consider using cash instead of credit cards for your everyday purchases. This will help you stay within your budget and avoid credit card debt. If you need help getting started with budgeting and saving, there are many resources available online for free! Start by tracking your spending for a month. This will give you a good idea of where your money goes and where you can cut back. Taking control of your finances is essential to achieving financial success in 2023 and beyond.