This is particularly true in times of high inflation, where money in the average bank savings account loses value each month.

I love books like this that blend entertainment and practical knowledge into an enjoyable book. Based on Bach’s other books I am sure that this will be an entertaining and educational book. Find out more in the link(s) below. Final Thoughts on Books on BudgetingIdeal if you want to put some emergency funds away for example, but also want to be able to withdraw your cash whenever you need it, without paying a penalty. Regular savings accounts Don’t worry; I’m not suggesting going down the route of eating bugs – well, not yet! However, there are things you can do to adjust the way you eat as a family that will help bring costs down. But the reality is that these are two of the costliest habits you are likely to have. Therefore they are two of the best to tweak if you want to save money fast.

This book on saving is both touching and humorous while providing an eye-opening account of how the Amish make ends meet. The stories talk about trading for goods and services, bargaining, living with less, staying out of debt, and even stopping the habit of trying to impress others. These habits have been used for generations and can help make cash last longer and accumulate wealth. Ditch the idea of keeping up with the Jones (or the Kardashians) by always having the latest mobile phone. There are two ways to deal with this. The first is to spend an hour or so unsubscribing from every newsletter.Have you ever thought about becoming a personal finance expert? No?! Well, if you are in a muddle with your money, that could be where you went wrong! Some of the tips in this book are likely repeats for a lot of people, but they are solid pieces of advice that are worth revisiting. Unlike some other books, this one includes recipes and meal suggestions that are great for people living on a budget. This book helps to debunk some common misconceptions about things, such as consolidating credit cards and paying off debt. It presents a clear and simple system for cutting expenses and maximizing savings to meet financial goals.

If you are struggling to meet your day to day living expenses. Real estate investment may seem like a dream from your far, far future. But it may not be as far as you think. Since 6 April 2016, UK taxpayers have a Personal Savings Allowance. In addition to this, banks and building societies will no longer deduct Basic Rate Tax from savings interest. This means all interest is paid gross without the deduction of income tax. For more details visit: www.gov.uk/hmrc/savingsallowanceHowever, although I liked them because they are easy to follow and logical, I would also have liked more practical examples. A high-yield/high-interest savings account is the best place to keep your emergency fund. This is the best way to inflation-proof money that is just sitting around. It is easy to have an ever-growing list of subscriptions as more and more service providers switch to subscription-based business models.