When the clocks go forward on 26 March, we’ll lose an hour of time. This prompted Lemonade Money to ask people what they would most like to do if they could recoup that hour. The shared top answers were ‘playing with the kids’ and ‘going for a walk’, closely followed by ‘making a cup of tea and reading a book’.
It’s great to see family and traditional pastimes taking top priority, yet there’s still that pressure to connect online; the third most popular response was ‘having a social media fix’ and fourth, ‘going to the gym’. Joint fifth was ‘catching up on emails’ and ‘giving the house a clean’ and sixth, ‘getting my financial future sorted’. ‘Washing the car’ ranked seventh.
Lemonade Money says with everyone so pressured for time, they’re not surprised to find financial planning so low down in priorities. Yet it is something that once sorted, could reduce the amount of time we have to spend working in the future – freeing up those hours to spend time with our families or on ourselves.
Lemonade Money’s financial education website has interactive platforms to help you keep on top of your finances and covers topics such as debt planning/budgeting, saving, buying a new home and protection. Calculators enable you to identify any potential financial shortfalls and there are signposts on how to address them.
And for those who’d like a little more direction, Lemonade Heroes – financial fitness mentors – are on hand to help. For £49 the ‘Hero’ will undertake an initial 30 minute phone consultation, agree financial priorities, draw-up plans, monitor progress and provide support via email for a month.
Lemonade Money believes it is the only financial education tool offering an online service with personalised assistance.
Personally I have a few money issues that I know I need help with. I keep pushing them further down my ‘to do’ list because I really don’t know where to go with them. Since leaving teaching I am not contributing to an occupational pension. Yet I know that I need to continue to plan for my financial future. If I were able to have someone guide me I would want help deciding how to invest my money and how I can safeguard my future. I really enjoy working for myself but I am not naive enough to bank on winning the lottery in the future. I am still young and need to continue to grow my wealth.
Planning your financial future gets more important the older you get. In my 20’s I only worried about having enough for the mortgage and good family holidays. Now I want to have savings and I am fortunate enough to be able to save but I just need educating on where the best place to save is. I often wonder about investing in property or ISA’s as I know sitting in a savings account is not a strategic way to grow my pot.
Mums Savvy savings is partnering with Lemonade Money to give away a FREE ‘Hero’ for the month. To enter simply complete the Rafflecopter below. Closing date 03/04/2017 For T&C’s see here
This is a collaborative post.