12 Super Simple Money Management Tips for Your Personal Finances

The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb. There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing students’ knowledge and confidence as well as their willingness to take financial risks. Researchers found money rules of thumb were more effective than teaching accounting principles to small business owners…

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Seven simple ways to cut your spending in 2017

With the Brexit process set to begin in earnest, next year could be tough on many people’s finances. Guardian Money is here to help: Car insurance Car insurance premiums are set to break through the £600 barrier for the first time next year, as insurers pass on big cost increases and the fresh hike in insurance premium tax announced last month. Premium costs alone are up 16% over the past 12 months, meaning most us are likely to get a nasty surprise when the 2017 renewal lands on the doormat….

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