… and how to change course
Whenever you read a headline like 44% of Britons love frogs, or two in five UK women have had a beansprout-related accident, you can smell a PR person’s fingerprints on it.
Yes, all research has to pass a pseudo-scientific sniff test, yet such news items rarely say anything truly solid about the human condition. They update us, pass some time, raise an eyebrow, and we all move on with our lives. Tomorrow’s fish ‘n’ chip paper.
But every so often research comes out which ought to be amped-up as it validates some truths we need to change lest the past repeat itself over and over and over …
Case in point, a recent survey by OnePoll revealed that nearly half of Brits admit to having financial regrets, and it even lists out the most common of those regrets. Ready to see yourself in the story?
Regrets, I’ve had a few …
From top to bottom, Britons’ main financial regrets focus on missed opportunities, earlier in life, to save, organise, start a pension, budget and invest. Nearly one in four of us say we’d love to redo a time in life when we lived beyond our means.
Nothing in the list surprises us here at Money Means. I wish I’d started X, Y and Z earlier in life is something we all hear daily. Sometimes hourly.
That’s what we regret, but why do we think it happened? Pretty simple really: knowledge. The majority of survey respondents pin their financial regrets on a lack of education, guidance and confidence in money matters.
All this is, to a T, why Money Means exists.
Marketing green
To better understand your money situation and grow in confidence here’s a few tips. It’s never too late to start, unless you’re putting it off ’til tomorrow.
1. Start. This might read as sarcastic, but the majority of regrets stem from not starting certain practices and habits sooner. The remedy? Start. Start now.
2. Prioritise. You may plan weekly catch-ups, classes or gym sessions, and your money needs the same focus. Lock time in your diary for a regular date with your finances and you’ll notice the dials start to shift.
3. Get help. There are so many free resources available to improve our financial smarts and upskill in money terms, tricks and confidence. Make sure it comes from a responsible source, and follow suggestions …
One such trusted source is, of course, Money Means and access to our Beta is open. Register now (click this link) and, step by step, we’ll help you move closer to your money goals, whatever they may be.