Today I speak to Andy Hart, personal finance specialist, founder of Maven Adviser & The Maven Money Podcast. The below outlines what we discuss and Andy's top 3 tips.
Financial Wellbeing
The 3 health’s
Mental health, Physical health & Financial health
Face your finances - face you fears. You have to be willing to get stuck into your finances if you want to change your thoughts and feelings about it.
No one is going to save you.
What gets measured improves.
Money is the fabric of society you’re all playing the game, some intentionally, some passively playing the game.
The more you know the less you’ll blow (ignored and illiteracy play into the hands of the big business) they earn from your lack of understanding.
It’s a long journey to become financially independence.
Everything your parents tell you about money is likely to be wrong
Practical tips:
1) Andy advocates two bank accounts - one for bills - one for spending.
2) If you struggle to save any money a great way to build up some saving is premium bonds. Check out www.nsandi.com
3) Spend less than you earn!
You can find Andy on moat of the socials @mavenadviser
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