Emma Layton, Financial Adviser, St. James’s Place New year, new you? Many of us might be focusing on our health and fitness. Hitting the gym, trying to eat better and rest more. While this time of year is the perfect time to have a health reset, are you thinking about your money situation? A recent report from St James Place[1] found that one in four of us feel anxious about the year ahead and 33% of the adult population[2] suffer daily anxiety about their finances. On top of that, almost one third of Brits[3] say that money worries have negatively affected their mental health over the past year. Financial wellbeing is just as important as our physical and mental health, but we don’t always know the best way to gain control over it.. We need to approach money like we do our fitness, train it regularly and talk about it openly. We must normalise our attitudes to money and make it part of our wellness routine, not a secret stress. Here, Emma Layton, Financial Adviser for St James Place shares her top five tips for boosting your finances this year: Budget Budgeting shouldn’t feel like punishment, but knowing where you are each month helps you feel more in control. Start by getting clarity on what is coming in and what is going out. Look at what expenses are essential and which are your ‘nice to haves’. Start to build a values-based budget based on bills, goals and the spends that…
