Money tips

Debt

• Two popular ways to pay down debt
• Paying more than the minimum makes a big difference

Groceries

• Plan meals around what you already have
• Shop with a list, and not when you are hungry

Rent

• A rule of thumb for housing costs
• Ask about your bills before they renew

Saving

• Pay yourself first, even with a small amount
• Aim for a starter emergency fund first
• Give big purchases a 24 hour wait
• Save for irregular costs a little each month

Investing

• Cover the basics before you invest

Income

• Cutting costs is only half of the picture

Subscriptions

• Review your subscriptions every few months

Family

• Talk about money openly with the people you live with

Other

• Track every expense for one month
• The 50/30/20 split as a starting point
• Automate your bills to avoid late fees

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General tips from the Cashflow Team, not financial, tax or legal advice. Your situation is different, so talk to a qualified professional before big decisions.