5 Tips to Make Saving More Fun
Saving is at its lowest rate on record. Experts predict that
by 2060, 15 million retired workers will be living on inadequate incomes.
by 2060, 15 million retired workers will be living on inadequate incomes.
How can we encourage people to save more?
Behavioural economics is a blend of psychology and
economics. One of its leading exponents is David Halpern who heads the
Behavioural Insights Team. He and his team spend a lot of his time thinking
about how to incentivise us to save more money. Here are some of their most
important findings courtesy of BBC’s Money Box which you can find on BBC Radio
4:
economics. One of its leading exponents is David Halpern who heads the
Behavioural Insights Team. He and his team spend a lot of his time thinking
about how to incentivise us to save more money. Here are some of their most
important findings courtesy of BBC’s Money Box which you can find on BBC Radio
4:
1. Use a photo to help visualise your goal
2. Make saving money more fun
3. Keep it simple
4. Rainy day money
5. Save more without reducing your income
See full article text at www.moneytipsdaily.com
Having worked in financial services, including banks,
insurance companies and my own IFA practice, for over 25 years, I have seen first-hand
how people manage their money. This is why I wrote Yes, Money Can Buy You Happiness to help
people feel better and manage their money more effectively.
insurance companies and my own IFA practice, for over 25 years, I have seen first-hand
how people manage their money. This is why I wrote Yes, Money Can Buy You Happiness to help
people feel better and manage their money more effectively.
Other articles at www.moneytipsdaily.com
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Investor, former IFA, Author of Yes, Money Can Buy You Happiness and creator of
Money Tips Podcast. Analysis has shown that people with bipolar disorder,
depression or obsessive compulsive disorder (OCD) are more prone to
overspending and potential...
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There are more examples and practical steps to getting rich and
being happy in my book,
Yes, money can buy happiness, I cover
the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more.
Check it out on Amazon http://bit.ly/2MoneyBook.
being happy in my book,
Yes, money can buy happiness, I cover
the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more.
Check it out on Amazon http://bit.ly/2MoneyBook.
No Money Down Property Investing Course – Complimentary Tickets
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If you’d like more information on how to acquire wealth
building assets using none of your money, email me at Charles@CharlesKelly.net or send me
a message through Facebook or my Money Tips Daily community.
building assets using none of your money, email me at Charles@CharlesKelly.net or send me
a message through Facebook or my Money Tips Daily community.
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