Happiful April 2021

How to build
healthy
finance
habits
Money worries regularly fall in the top 10 causes of stress
for UK adults, so let’s take a look at how to balance
your budget, and take back control
Writing | Katie Hoare
Money is often a
taboo subject,
something we
daren’t discuss in
social settings, and can even feel
a great deal of shame about. At
times, we might find ourselves
living pay cheque to pay cheque,
dipping into our savings, or even
checking in at the bank of mum
and dad. I know I’ve been in that
queue once or twice.
Knowing exactly where our
money is coming from each
month might not always be a
given, and if the past year has
taught me anything, it’s that
understanding my finances can
help me feel more in control,
and a rainy day fund is actually
essential. Often, our finances
underpin how we measure
our safety, security, and even
happiness to an extent.
“Most of us want a better life
and desire more security. Having
healthy finances can help you
acquire both,” says life coach
Ayesha Giselle Dornelly, who’s
qualified in personal finance
management. “To become
better in your finances requires
discipline, good money habits,
and a solid structure.”
So to take back control, let’s look
at four key steps Ayesha Giselle
suggests to help build better
finance habits, whatever budget
you’re working with.
1Determine your current
financial situation
This means understanding
your total monthly income, your
outgoings, and a forecast of your
financial future. You can’t tackle
your finances without a clear
picture of every penny, so in this
76 | April 2021 | happiful.com