Traffic light methodologies are widely used in project, time and even behavioral management — so why not financial management too? Guest writer and PocketSmith super user Rachel uses her own custom traffic light system, and she shows us how she’s combined it with PocketSmith to organize her finances.
Keeping a budget is a bit like owning a pet tiger. It can be beautiful, powerful and hungry, but it needs love and care to thrive. While a budget is a key part of personal finance, it can be difficult to maintain, so here are some tips on how to stick to your budget like a pro.
Calculating your personal net worth means knowing your exact financial position. It gives you a simple strategy for managing your money, and a confident answer to the age-old question, “How much money do you have?”
With the cost of living rising, financial stress can easily take hold. Especially as we all feel the force of rising inflation reducing our effective take-home pay, managing your financial life is becoming more important than ever. Learn how to manage your money with PocketSmith.
Over the last 10 years, we’ve learnt a thing or two about financial advice. Our best advice, when it comes to finances, is that there isn't one solution that suits everyone. There’s no magic cookie cutter solution. Financial advice isn't a one-size-fits-all glove. It depends on who you are, and what your situation is.