Why does your money story even matter? If you are trying to change the way you behave with money, why bother looking into your past? Because to deal with money well, you need to know what goes in the background of your mind. Often an echo of a memory can pop up – sometimes at the oddest times – with an unhelpful effect on your money habits.
It all kicked off when the other day we were enjoying time with friends who had come to stay with us for a couple of days. As always happens with my friends now, the conversation turned to money – how much we’d like to have, what we’d do with it and how to invest.
A cash buffer is your first line of defence against expensive debt, unnecessary stress and being overwhelmed by life’s unexpected events. Yet too many of us fail to build a cash reserve that we can fall back on if we become unwell, need an urgent repair, or face unemployment. This short article helps you work out what you need.