The early weeks of a new year are often the best time for people to start thinking about any changes they might be able to make to help improve their current financial situation or set long-term goals.
January is also the perfect excuse to start afresh and forget any mistakes of the past 12 months and start 2024 with some realistic changes you can follow every day.
The cost of living continues to put additional pressure on household budgets despite inflation dropping to 3.9 per cent in the year to November (down from 4.9%).
While prices are slowing down, everyday items are still costing more than they did pre-pandemic, however, a really simple way to instantly take control of your finances and how you spend your money is to follow the ‘50/30/20 rule’.
Read more on dailyrecord.co.uk