Teaching your kids to spend wisely

Teaching your kids to spend wisely There are many reasons we fall into the trap of overspending. One reason is we get bombarded with very effective advertising on social media where data scientists and algorithms seem to know what we will be tempted by before we do. Perhaps we are emotional spenders and buy things because it feels good. Maybe we’re trying to keep up with the Joneses, or perhaps we lose track of how …

5 lessons from a cash-only week

5 lessons from a cash-only week Will paying cash change my spending habits? What I learned when I could only pay with cash for a week. Firstly, an admission. I never – ever – have cash. I’m that annoying friend who doesn’t have cash to cover her share when spitting bills, that colleague who borrows money to chip into the birthday collection, the parent who gives her kids an IOU for their pocket money. It’s …