5 Tips to Make Savings Fun

5 Tips to Make Saving More Fun Saving is at its lowest rate on record. Experts predict that by 2060, 15 million retired workers will be living on inadequate incomes. How can we encourage people to save more? Behavioural economics is a blend of psychology and economics. One of its leading exponents is David Halpern who heads the Behavioural Insights Team. He and his team spend a lot of his time thinking about how to incentivise us to save more money. Here are some of their most important findings courtesy of BBC’s Money Box which you can find on BBC Radio 4: 1. Use a photo to help visualise your goal 2. Make saving money more fun 3. Keep it simple 4. Rainy day money 5. Save more without reducing your income See full article text at www.moneytipsdaily.com Having worked in financial services, including banks, insurance companies and my own IFA practice, for over 25 years, I have seen first-hand how people manage their money. This is why I wrote Yes, Money Can Buy You Happiness to help people feel better and manage their money more effectively. Other articles at www.moneytipsdaily.com Should banks control our spending? Should banks control our spending By Charles Kelly, Property Investor, former IFA, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. Analysis has shown that people with bipolar disorder, depression or obsessive compulsive disorder (OCD) are more prone to overspending and potential... Brexit Property Effect – Invest or Wait? Boris has got his deal through Parliament, but not on his timescale. Brexit Property Effect – Invest or Wait? Wait or Invest Is this a flip market? Are we due for a correction? Long term... There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. No Money Down Property Investing Course – Complimentary Tickets Available If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.