Are you good with your money? Do you save, think about taxes and keep on top of your spending? Impulse buys are so last year. Now it’s all about being financially savvy and secure. Seriously.
Here are five signs that you’re great with your money.
1. You check your bank balance regularly
Money always seems to just disappear into thin air, even if we’re really careful. If you check your online banking regularly then you’re more likely to stay on top of your spending.
2. You save
Saving is something most of us millennials can’t even imagine doing. We need every penny we have, right? But if you are stashing away some extra for a raining day (as your Dad would say!) then good on you.
3. You’re planning ahead
You have started saving up for a big purchase that you want to buy. You have a savings plan in place to get you to your goal in a few months time. What impulse purchases? You are strategic with your spending.
4. You learn about money
Taxes? Investments? Pensions? They sure don’t teach you about any of that at school, so how else are you supposed to get your head around finances? If you are learning more about money then you’ll know exactly what you need to do with your cash. Check out this beginner’s guide.
5. You know exactly how much you can blow
You want a new pair of platform heels from Topshop and that American Apparel bodysuit of dreams. If you’re good with money you’ll know exactly how much you can afford to spend on the things you want.