Freaky Pictures & Whacky Stuff !!

Moving away from freaky Pictures for the second time but for just a second Im going to talk today about personal Finance. Ill be back with some freaky photos later :)

If you are struggling with your loan repayments, you may want to think about personal financial planning. Whilst many people associate financial planning as a method of preventing debt in the first place, it can also help you out of it too. So, if you haven’t yet thought about it now is the time!

Firstly look at everything that you have coming in. Then the more complicated task of working out what is going out of your bank each month. You will need to split it into sections such as loans, food, utility bills, entertainment, clothing and household costs. Once you have written everything down, study the list and see if there is anything you can change. For example, do you buy so many DVD’s a month when you could actually get away with cutting it down? Do you eat out on certain days when instead you could eat healthier and cheaper at home? Are your credit cards the cheapest available and offering the best rewards? Think about all of the unnecessary expenses and see exactly what you can change to give you a little extra money for your loan repayments.

Many people find that financial planning really does help them and it really will make you feel more empowered about your current financial situation.