27/01/2026
đBreaking up with bad financial habits can set you up for a better future. Hereâs some habits to start changing:
đď¸Impulse purchases â clever marketing tactics can make us buy things we didnât set out to purchase, and if youâre impulse buying regularly this will soon add up. Break the habit by writing a list, sticking to it and resisting temptation of discounts or offers.
đŤNot sticking to a budget⌠or not even having one! A budget will help you plan your spending on regular expenses, including your saving or other needs/goals. Break the habit by finding a budgeting plan that is realistic and works for you. Keep track by using a spreadsheet, notebook, or online banking app.
đNeglecting your savings â saving might not be your priority right now, and thatâs okay, but the longer you leave it, the less time you have for your money to grow. Break the habit by contributing little and often. Set up an automatic transfer if you need to!
đLetting your insurance policies and subscriptions renew unchecked â providers donât always make it obvious that a better offer is available to you. Have another look at subscription plans or insurance policy quotes to re-evaluate the best option for you.
đPutting off things that are more complex to you â The UK has a complicated tax system, so itâs okay not to understand all of it. But try to understand taxes that apply to you so that your money works more tax-efficiently. Consider speaking to a financial adviser to guide you through this.
đŁď¸Not having a financial plan based on your goals â itâs good to have direction, and even better to have a route to get there. Work out what your goals are, when you want to achieve them by, and how much money that will take. Then build a plan, bespoke to you and your circumstances, to get there.
Argyll Wealth Consultants Ltd is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority).
SJP Approved 21/1/2026
