Back to University? Spent too much on tuition fees? Looking to save while staying away from family? This global pandemic has brought the significance of financial security and the need to save. It is very easy to live a cosy life by being smart with money. Here are few ways to save up money at the same time enjoying the lavish uni life,
For many of us, penny-pinching hasn’t exactly been a choice as of late. Most of our normal treats and vices have been off-limits while the UK has been in lockdown, and only recently have we been able to head out to pubs, restaurants, cinemas, and enjoy other forms of entertainment again. As we venture out of our homes and start spending once more, it can be easy to get a bit carried away! After all, there has never been a more tempting time to treat ourselves; we deserve a bit of fun after all of this, right? Of course, we should be able to embrace our new-found freedoms guilt-free, but what about our dwindling savings pots?
Each generation handles money in a different way. After all, people have grown up in different eras, they place value on different commodities, and some are busy saving for retirement while some are squirrelling away their pennies in order to see the world one day. Attitudes towards saving money are most certainly generational, and there are plenty of assumptions people tend to jump to about these attitudes. Millennials, for example, famously get a bad rap for splashing all of their money on avocados and fancy coffees, but they are more money-savvy than many give them credit for! Let’s take a closer look at some generational spending and saving habits and see who comes out on top.