FAQs

Budgeting is key to managing personal finance. Understanding and comparing personal income and expenditure is crucial to your success.
Identifying different sources of earnings and outlining ways to make savings a weekly expense is a great strategy and will help you reach your financial goals.

Financial portfolio, this technique requires you to list all sources of income and regular expenditure which may include, salary, pocket money and interest on existing savings verses food, toiletries clothing etc. Use calculations to compare the two which will then help you to set out your financial intentions.

There are numerous resources and strategies readily available to assist with money management, from Banks to online finance tools. Track your spending calculators, creating realistic monthly budget spreadsheets and price comparison websites are an invaluable way to healthy finances.

Online training minimises various costs that are typically associated with classroom training, inclusive of travel and accommodation, venue rental, printed education material, teachers and support staff. Updating existing learning material can be costly and time consuming. Adopting online training practices enables you to study at your own pace and in the comfort of your favourite surroundings.

Beware the pits falls of borrowing money and identify reasons why doing so could be necessary and understand factors to consider before appropriating additional funding.
Live within your means and recognise ways to reduce your expenses, such as, checking mobile tariffs, sell unused items, cancel unwanted memberships and paying for items up front.
Adopting these good habits will help to make you financially healthy.

Cryptocurrencies were formed in 2008 to facilitate electronic peer to peer payments without the supervision of a regulator, such as a central bank of government body and have only permeated into general consciousness since 2017 as prices climbed.
To start your journey into the crypto world, it would be advisable to understand what you are investing in and the financial opportunities and drawbacks these investments bring.

With all investments, research is key. There are many Crypto exchanges, brokerage accounts and platforms from which to choose. Take your time, explore and consult before open a trading account. Learn how the markets work, what drives the price, trends before deciding on a safe trading strategy. There is an abundance of information from exchanges, online and forums with which to do your homework.

As with all forms of investing, Technical Analysis is an invaluable and critical tool for traders. It helps in developing a landscape of historical and present market conditions and assists in ways to estimate and predict price movements in the near a far future. Such predictions will help the trader make informed decisions on buying/ selling and profit taking.

Do your homework, research again, is key to all investing. Tap into resources, gather information provided to you from crypto exchanges, daily information sheets are afforded by brokerage firms and trading platforms. Learn market trends. There are numerous books and educational courses available on all topics of investment trading.

Cryptocurrency is a popular asset class investment and the market is growing exponentially. It is very important and is not going away. Investing in cryptocurrencies is risky but is also “Potentially hugely profitable” and this is very attractive to investors. Banks are now investing heavily in crypto and the number of regulated cryptocurrency trading platforms available today is growing.

From understanding your income, gross/ net-pay and deductions such as tax & National Insurance, and by recognising essential and non-essential spending.
Be mindful of how bank statements work, by learning to recognise inaccurate transactions and how to resolve such issues should they arise, you can start to learn how to successfully manage personal finance.

Planning ahead is a key factor when looking to begin to save money. After you’ve set out and executed your budget plans, realise what you have remaining and what you can do with it.
Comprehension of the financial products is essential, there are numerous saving accounts and fixed rate bonds on the market today, speak with your bank manger about these products and make informed decisions that can be flexible and can be adhered to.

Keeping records of activities and expenditures is crucial in personal finance planning and could really help in managing personal finances.
Accountancy tools and bookkeeping procedures are very useful and readily available financial software will assist you in making the correct personal finance decisions.

There are numerous finance apps on the market today, with its help, the app can analyse the banking account’s data and learn about the card owners financial habits. This will allow an app to anticipate certain expenses and afford the user effective tips on how to manage money better.

Yes you can. The role of a personal finance manager is to assist you in understanding your current financial situation and to advise you on not only your day to day financial requirements but also planning your financial future.
The earlier you master your personal finances, the more improved your long-term financial prospects will be in regards to investing or planning for retirement.