A lot of people find the prospect of looking at pensions and retirement investing pretty daunting. It's something people (including myself) put off looking into because they are worried it'll be confusing but putting money towards your retirement is arguably one of the most important things you can do to ensure wealth when you are older, and the sooner you start the better off … [Read more...]

This can sometimes be a bit of a controversial baby step in the UK as people have varying opinions on if you should help children out or let them financially fend for themselves... Baby Step 5 (BS5) is to start saving for your child’s university or first house This is another one of the steps that differ quite a lot from how our American cousins deal with things. In the US … [Read more...]

So you've committed to not borrowing money again, have got a budget in place and are ready to start kicking debts bum right??...Well, not quite... Baby Step 1 (BS1) is to Save £1000 in Baby Emergency Fund (EF) This may seem counter-intuitive to a lot of people (Martin Lewis says to not have savings if you have debt but I beg to differ) but it really is a super important step. … [Read more...]

I'm just going to come out and say this straight away, Baby Step 0 (BS0) is the hardest step! It's a lot to get your head around and a lot of changes to make but once you commit to changing bad habits you have already won half the battle. Baby Step 0 is 'Commit to not borrowing for anything ever again (except for maybe a house in BS3b)' It sounds so simple doesn't it … [Read more...]