Although UK household income hasn’t increased much, the amount of spare cash in our pockets has increased by almost 25 per cent. That’s an extra £20 per week, according to recent research.
Now is a good time to take a look at your budget. If you have extra cash, it’s okay to treat yourself to something occasionally. Otherwise, consider paying it forward with these ideas:
- Buy food to donate to a food bank.
- Pay someone’s parking.
- Buy a stranger coffee.
- Sign up for a charity race.
Torn between spending and saving your extra cash? Try a bit of both:
Week 1 - Put it away for emergencies.
Week 2 - Save it for a future goal.
Week 3 - Pay toward life insurance to protect your family
Week 4 - Splurge on or save for something special.