Article preview: As Financial Planners, we’re fascinated by the spending habits of our clients and the wider population. There are some broad rules of thumb which can help when it comes to planning expenditure, but we are all different, with differing goals and priorities for how our money is allocated. With budgeting as the cornerstone of good financial planning, we encourage all of our clients to get a good handle on where their money is going each month. Without this understanding and control over your spending, your progress towards longer term financial goals is unlikely to be as swift as you might like.
How much did you spend in 2018?
This 614 word blog post looks at spending habits in 2018 and spending intentions in 2019, based on the findings from the latest Lloyds Bank Spending Power Report, found that 58% of people have cut back on their spending this year. Includes an expert comment from Robin Bulloch, Managing Director, Lloyds Bank. Written on 29th December 2018.
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