All posts tagged: #KnowYourMoney

#KnowYourMoney

I have been a single mum for four months now and I’ve learned more about how to manage my money in this time than I had in the 10 years I was married. Being responsible for our budget, expenditure and savings was a very scary thing when I started at the end of October last year but slowly yet surely, I’m getting the hang of this, I think. The first thing I did was keep a very close eye on our bills and reduce them whenever possible. I changed my mobile phone provider and the gas provider as soon as we moved in as I found better deals with competitors. This resulted in a saving of over £20 per month, with very little effort. Keeping a close eye meant also eliminating unnecessary direct debits. In October we still had both Netflix and Now TV billed to my account but upon realising that we rarely used the Now TV I decided to cancel our monthly subscription, saving another £10 per month! I decided to keep my …