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Home > Blogs > Things that Pop into my Head > Permalink Savings Account Plans
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Things that Pop into my Head 
In these days of recession and unemployment, its more important than ever to live within your means. Unemployment is rising, there seems to be no apparent end to the recession yet and house repossessions are up too. Planning your finances and ensuring that the amount of money coming in is greater than what is going out is pretty crucial at the moment. Savings Account PlansMy financial advisor has been telling me for years that it is important to have at least 3 months worth of income put aside in a savings account. I have never quite managed it yet, every time I get close I buy something - a PS3, new telly and a motorbike in this case. I am fortunate to be in a job where there is no immediate threat of redundancy, which is why I felt confident enough to buy those things, there was no loans taken out, everything is paid for. Over the next year or so I am planning to have replaced all of the money in the savings account, ready for the next big expense - probably a new boiler. Spread the Word
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