From my experience, saving money is very much like losing weight. There’s no point going on a diet and depriving yourself of everything you love for 6 weeks if you’re only going to go on a massive binge afterwards, undoing all your hard work. If you want to stop living pay cheque to pay cheque, get out of debt, save a deposit, or prepare for retirement, you need to transform your attitude towards money and change your lifestyle. Otherwise it’s going to be a case of one step forward, two steps back.
How often do you run out of money before payday? I’ve been there. You probably start the month with good intentions. Perhaps you’re planning to give up takeaways, buy fewer clothes or drink a bit less on nights out. Maybe you’re vowing to put money in a savings account or a Help to Buy ISA at the end of the month. But before you know it, you’ve got a week until payday and you’re wondering if the money left in your account will even stretch to cover your bus pass and a loaf of Warburtons Toastie. You’re still no closer to building up an emergency fund or buying that beautiful two bedroom house in Brighton.
What age would you like to retire? Personally, I want to build up enough wealth to pack in the day job aged 50. I’d like to be free to spend my time doing as I please. From going on cruises to spending time with my grandkids, I love the idea of achieving financial freedom at a relatively early age.
Back in May, I decided to take the leap and give matched betting a go. I’d heard so many great things about this ‘risk free’ money making trick that I was starting to think it sounded too good to be true. You can read about my experience in my 7 days of matched betting post. Since publishing the post, I’ve been asked LOTS of questions. Here are just a few of the main questions I’ve been asked.
In what can only be described as a moment of madness, in October last year I subjected myself to a gruelling 7 days of using the popular survey website Swagbucks. I kept a diary over the course of the week and when it finally went live, Becky from Scunthorpe told me the post was ‘the funniest thing on the internet’ and Keith from Slough called it ‘the most accurate review of Swagbucks ever’.