Author: The Emergency Fund Queen

Maximise Your Savings: A Practical Approach to Round Up Apps Hey there! Let’s chat about something as important as finding the perfect fitting pair of shoes: saving money! Now, we all know that once we hit the big 5-0, financial security becomes a bit more than just a passing thought. But let’s face it, saving […]

Day 7 – Celebrating Progress: Reflections and Future Planning  Welcome to the final day of our “7-Day Financial Detox Challenge”! Today is all about reflection and planning for the future. We’ll review the progress you’ve made over the past week and set goals for continued financial growth and security. Key Points Reflecting on the Week’s […]

Day 6 – Tackling Debt: Clarity and Strategies Welcome to Day 6 of our “7-Day Financial Detox Challenge.” It’s time to tackle a topic that many find daunting: debt. Understanding and managing your debt is crucial to achieving financial freedom. Today, we’ll explore different types of debt, strategies to manage them, and how to prevent […]

Day 5 – Crafting Your Future: Budget Reboot On Day 5, we take all the insights gained and channel them into drafting a revised budget. This includes creating a crucial line for ’emergency savings.’ Key Points Harnessing Your Financial Insights Utilising Past Data – Analyse your past spending habits, income fluctuations, and savings patterns to […]

Day 4 – Defining Essentials: Navigating Needs and Wants Day 4 of our challenge is a deep dive into categorising your expenses into ‘needs’ and ‘wants.’ This exercise will help you understand your spending motives and prioritise effectively. Key Points Defining ‘Needs’ and ‘Wants’ Clarifying Definitions – ‘Needs’ are expenses necessary for basic survival and […]

Day 3 – Balancing Joy and Budget Day 3 focuses on balancing life’s pleasures with your budget. We’ll guide you through assessing the joy versus cost of your regular treats and prioritising high-joy, low-cost options. Joy vs. Cost Assessment of Pleasures Understanding Value This process involves evaluating how much happiness or satisfaction you derive from […]

Day 2 – The Power of Tracking Welcome back! Day 2 of our “Financial Detox Challenge” is all about gaining awareness of your daily spending. We’ll explore the importance of tracking every penny and categorising your expenses. 1. The Importance of Daily Expense Tracking Why It Matters Daily expense tracking is essential because it provides […]

Day 1 Uncover Hidden Spending A downloadable challenge that includes daily emails with tasks designed to help you identify wasteful spending, understand your financial habits, and start thinking about savings.  Welcome to “The 7-Day Financial Detox Challenge,” designed specifically for women over 55 who want to enhance their cash flow and achieve financial peace of […]