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 🤑 Hey everyone,

Do you constantly feel like your behind in life?

(when it comes to money)

Because you’re not alone…

I have mates driving nicer cars than me, going on better holidays than me and living in nicer houses than me, so even though I know I’m doing pretty solid, the human instinct inside is constantly telling me to catch up.

But you see, comparison is the thief of joy. Social media has made it easier than ever to put our best foot forward and never actually reveal the struggles going on behind the scenes.

➡️That mate who just went on the amazing holiday… might have just lost their job and chose to travel before they try and find a new career.

➡️New car… it might be leased on a term that made it ‘affordable’ despite still being wildly out of their budget

➡️New house…maybe they gave up on holidays for the next 2 years in order to be able to afford it.

Like I said, people only show you what they want you to see, so to make us all feel a little bit better…

⚠️ Here are 4 signs you are doing better financially than you think!

Sign 1: You have an emergency fund

An emergency fund simply put is the backbone of a strong personal finance system. It allows you to know that if push comes to shove and something really bad happens, you don’t need to beg, borrow or steal the money to fix the problem.

Think that having an emergency fund is easy? well currently 2/3 adults in the UK wouldn’t be able to go three months without needing to borrow some money.

In other words, if you have at least three months of money stored away in an emergency fund, you’re in the minority!

Sign 2: You learn about money

We don’t learn about money at school, we don’t like to talk about it because it a taboo, so we end up having zero knowledge about how to manage it. And most people don’t ever do anything about that. By actively trying to improve your knowlege around personal finance, whether it’s by watching a few TikTok’s or by taking a course on how to invest, you are making a net positive change on your personal finances!

P.s. yes reading this newsletter counts as learning about money! so well done, you’ve ticked this one off ✅

Sign 3: You pay your bills on time

This isn’t me saying you must have zero debt, I’ve still got over £40k worth of student loans to pay off. But by paying off your bills on time (with actual cash in the bank, and not by using a credit card), you are displaying one of the most important traits when it comes to personal finances:

‘Living below your means’

If you can pay off your bills in full every month, that means you can currently afford your lifestyle. Sounds stupid but it’s the no.1 factor that keeps people behind financially in life.

Now the hard part is to increase that gap between ingoings and outgoings as much as possible… good luck!

Sign 4: You have more than £12,500 saved

Why £12,500?

Simple… 50% of the UK currently have less.

Meaning that if you have more, you are in the top half of savers in the country, putting you ahead of more people than you are behind.

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Still feeling behind after reading this?

I bloody hope not 😅

👀 Question Time

The first question I receive will be the entire content of next week's newsletter (unless you don’t want it to be 😅)!

Whenever you're ready, there are ways I can help you.

1. ​Hit reply to this email: I respond to every single question I get from these newsletters, so please don’t be shy!

2. ​The Budgeting Template PRO: Most of you have probably tried the lite version, but the PRO is what I use in my day to day life. (use the code ‘letstalkmoney’ for 30% off)

^{DISCLAIMER: None of the above is financial advice. This newsletter is strictly education and should not be taken as investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.}