As we approach the new year, it’s the perfect time to envision and plan for financial success. Let’s delve into the process of setting meaningful money goals for 2024 to pave the way for a year of prosperity and accomplishment. 1. Reflect on the Past Year Begin by reflecting on your financial journey in the past year. Assess your successes, challenges, and areas for improvement. This introspection provides valuable insights that will inform your goals for the coming year. 2. Define Clear Objectives Set specific and measurable financial objectives. Whether it’s saving for a major purchase, paying off debts, or […]

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Staying on track with your finances requires strategic planning and efficient management of monthly payments. Here’s a guide to help you streamline your bill payments and avoid the stress of missed deadlines. 1. Set Reminders for Monthly Payments Initiate a system where you set reminders for your regular monthly payments. This proactive approach ensures that you stay organised and never miss a due date. 2. Keep a Payment Diary Maintain a diary specifically dedicated to tracking your regular payments. This not only serves as a visual reference but also helps you identify patterns and plan ahead for upcoming expenses. 3. […]

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In the realm of personal finance, David Rankin draws an insightful analogy, likening a mortgage journey to a marathon rather than a sprint. “There are times when you might be happy just to make the repayments. And there are other times when you will be able to get ahead,” he advises. Adopting this long-term perspective allows individuals to maintain financial equilibrium, adapt to current circumstances, and alleviate unnecessary pressure. The Marathon Mindset David Rankin encourages individuals to perceive their mortgage obligations through the lens of a marathon. This outlook implies a strategic and sustained approach, emphasising that there are phases […]

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Managing your finances demands the appropriate expertise and guidance. This is crucial for making informed decisions and ensuring the security of your financial future. At Sort My Money, we take pride in providing top-notch financial services. Our dedicated team comprises professionals with extensive qualifications and experience in finance and credit facilities. Expertise and Qualifications That Exceed Standards Our team of budgeting experts has an abundance of qualifications and practical experience. These credentials far exceed the requirements established by legislative and regulatory standards. With a focus on excellence and a commitment to delivering the highest quality of service, we ensure that […]

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Managing personal finances can often feel like a juggling act, with various bills and expenses vying for attention. However, financial experts like David Rankin, the professional budgeting coach at Sort My Money, advocate for a simpler approach. According to Rankin, utilising streamlined accounts can significantly improve financial organisation and facilitate better expense management. The Benefits of Separate Accounts Rankin emphasises the importance of segregating various financial components. Specifically, he suggests moving bill payments from a savings account to a dedicated account solely for covering living expenses. This strategy not only streamlines financial transactions but also offers a clearer view of […]

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