Many personal finance bloggers talk about budgeting like it’s the bee’s knees. But if you’ve never had a budget, you’re probably wondering what the benefits of budgeting are and how they will apply to your life. Now, I’m not naturally frugal, I love to spend money. Yet, I also managed to get myself out of … Read more
An emergency fund is something that most people should have, but very few actually do. It’s not always easy to save, especially with all our other financial obligations. However, it is so important for a family to have an emergency fund because you never know when life will throw you a curveball and quickly leave … Read more
If you’ve ever wondered ‘Can money buy happiness?’, you’re not alone. That’s not just because you’re reading a blog formerly called Money Can Buy Me Happiness (rebranded to Mumsmoney in 2019). When I started this blog, I had some criticism. One person told me she associates the name of my site with the desire to “accumulate … Read more
Managing your money is easier than ever with these free budgeting printables. When you are ready to create a budget, free printables can be a smart tool to help visualise how your finances look now and how you want them to look in the future. We’ve compiled a list of 16 of the best money … Read more
While many banking services can now be accessed online or through mobile apps, there are still times when visiting a bank branch is necessary. Whether you need to open a new account, apply for a loan, or simply deposit a large sum of cash, having access to a nearby bank branch can be incredibly helpful. … Read more
Budgeting – the first step in your journey to financial freedom. No matter how much you earn, a custom-made plan of how to divide up your income can go a long way towards gaining control over how much you spend and save. People often go wrong when making a budget by accidentally leaving out … Read more
Note: This was written in 2020. But the premise still stands. Some of you may have logged on to your share trading or Kiwisaver accounts in the last week and had a slight panic. I know I did. We lost over $800 in one day from our fund, more than we’d deposited for the month. … Read more
Starting a family budget can be tough, especially if your income is reduced or stretched. In times like these, a zero-sum budget can make your money work hardest for you. What is a Zero-Sum Budget? The strategy behind a zero-sum budget is to “give every dollar a job.” This way, you can harness the full … Read more
When I was 17 years old, I spent the summer before my final year of high school working in a cardboard box factory. The work was physically strenuous, receiving flattened cartons strapped in bundles of 5 or 10, which flew off the rollers at approximately 2-second intervals. In that time, I was to stack them … Read more
Ever wondered how to be good with money? Like someone who can pay for their groceries (or beer) in cash and not need to borrow money to take a holiday? Yeah? Me, too. There was a point in my life where I could not fathom how people who earned the same income (or even less … Read more