Each week we continuously spend money on unnecessary treats such as cups of coffee on the way to work, lunches out, takeaways, and taxis etc.
If you calculated what these expenses actually amounted to over the course of a month, you may be surprised to find a hefty sum of money. This money could really come in handy for future expenses e.g. your wedding day, buying a house or having a child.
Why not try to take a step back from splashing the cash and challenge yourself to a month of no spending month (apart from the bare essentials of course). This will not only help you focus on your financial weaknesses, but it will alleviate some of the drains on your finances.
Establishing good money habits at an early age for your children is important as it builds a strong foundation for when your kids become adults.
By teaching your kids to become more financially savvy, you also impart other valuable life skills, such as being responsible.