HABITS
Bring every account together
Linking everything in one place is the first step to understanding where your money sits and how it moves. It also lets Naveshire tailor its guidance to you.
Where to start
SPENDING
Set up your money flow
Tracking money flow shows you what arrives and what leaves each month. Income covers wages, interest, and anywhere else money reaches you. Outgoings cover shopping, bills, subscriptions and everything in between.
SAVINGS
Check your rainy-day fund
We suggest keeping 3, 6, 9 or 12 months of take-home pay set aside, depending on your situation. The higher the chance of a surprise expense or a drop in income, the more you want waiting.
DEBT
Clear your costliest borrowing
Paying off expensive debt cuts the interest you hand over, lifts your credit standing, and frees up room in next month's budget.
COVER
Look at home or contents cover
Whether you rent or own the place you live in, it is worth protecting. If you rent, contents cover looks after your belongings when something goes wrong — theft, a burst pipe, or fire damage.
INVESTING
Review what you hold and why
Once the basics are steady, look at how your holdings are spread and what each one costs you to keep. Small differences in fees compound over a working lifetime.