6 ways to improve your financial health in 2023
Authored by ARAG
In recent months, debt charities have warned of a “new wave of people” being pushed into debt due to increasing rent costs and higher interest rates. Our partner, Vita Health Group, has some tips.
Set a budget and plan ahead
One of the most important steps you can take in managing your money is to set a budget. You may want to do this weekly or monthly, depending on your circumstances. When you have a budget, and you write down exactly how much you’re earning and spending, it’s more likely you’ll avoid unnecessary spending.
Set clear goals
You know it’s important to save, but saving without a specific goal can be difficult. That’s because it’s often tough to motivate yourself to save if you don’t know what you’re saving for. Whether it’s big or small, set yourself a clear goal. When you achieve it you’ll feel a sense of accomplishment that’ll help give you momentum on your saving journey. Write down your goals and put them up on the wall so they’re visible or set up targets in your banking app...
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ARAG UK is a specialist legal insurance provider and is part of the internationally recognised ARAG Group which serves 14 countries worldwide.
Providing several emergency assistance insurance products and an innovative range of Before-the-Event and After-the-Event legal insurance products and services, ARAG UK prides itself on its client-focused approach. This has been recognised by the industry following the results of the Insurance 360 Legal Expenses Insurers Study in which ARAG UK was voted 'best legal insurance provider'. youTalk-insurance sharing ARAG UK insurance news.