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International Women's Day - 8th March 2024

Thursday 07th Mar, 2024

The 8th March marks International Women’s Day! This is a global day celebrating the social, economic, cultural and political achievements of woman. The day also marks a call to action for accelerating women’s equality. 

Here's some useful money saving tips for women to help you stay in control of your finances (it wouldn’t hurt for men to follow them too, of course!).

Keep your spending in check – Good financial planning entails being conscious of where your money is going. Making a list of where and how much you spend each month. You may identify costs that you could avoid.

Stick to a budget – In the current financial climate this is more important than ever. A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts you on stronger financial footing for both the day-to-day and the long term. Here is a template you could use.

Try to generate sources of secondary ncome – Increasing your income allows you to save more, pay off debts quicker and buy the things you want without worry. If you have a hobby think about making it a source of income. The internet can provide opportunities for you to earn money by using your skills.

Keep unnecessary spending to a minimum - If your spending exceeds what you budgeted for, it may impact your savings. Try and find non-essential expenses that you might be able to cut back on. Cancel any memberships or subscriptions you no longer use.

Borrow sensibly - When the time comes to borrow money, having a good understanding of the different credit options available will ensure that you don’t end up paying more than you have to. Responsibly using a line of credit such as our Flexi Credit can help to boost your funds without taking on a load of high-cost debt. Understanding APR can also save you £100’s in interest - with that knowledge, you can easily see how much difference there is between borrowing a small loan from HEY Credit Union over using a doorstep lender (we're much cheaper!). 

No one cares more about your financial future than you. Using these money saving tips along with our products and services can assist you in planning for your future, as well as helping you to smooth out financial challenges that life can throw at you.

Here's a range of our products which you may find handy:

Loans  Savings 

LF 7.3.2023

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