Recent data published by the Financial Conduct Authority (FCA) suggests that 7.8 million people across Great Britain are finding it increasingly more challenging to keep up with their household bills, a rise of around 2.5 million since 2020. The research shows that one in four adults are in financial difficulty or believe they could quickly find themselves in difficulty if an unexpected cash emergency popped up.
As the end of another month approaches, it offers a perfect chance for many people to make some changes for the new one ahead and if you already set yourself some money goals at the start of 2023, it's also a good time to see if you're sticking to the plan or if it needs a bit of tweaking.
Personal finance expert Holly Andrews, Managing Director at finance broker KIS Finance, shares simple steps everyone can take to get their finances sorted quickly, which can help shape your spending habits for the year ahead.