In her latest guidance, Ellie Austin-Williams, creator of ‘This Girl Talks Money’, provides essential advice for families on managing finances, from establishing a robust budget to making the most of cashback opportunities.
Ellie Austin-Williams, the founder of ‘This Girl Talks Money’ and author of Money Talks, offers practical advice for families aiming to manage their finances more effectively. Highlighting the challenge of balancing the family budget, Austin-Williams underscores the value of saving money and making wise spending decisions. She advocates for families to establish a clear budget that allocates funds for essential needs, discretionary spending, and future savings.
To better manage household expenses, Austin-Williams suggests regular reviews and comparisons of bills to find more affordable alternatives. She points out the ease with which subscription services, including those for streaming and children’s apps, can accumulate, recommending periodic evaluations of their necessity. Moreover, she recommends setting aside funds in a contingency account to cover unexpected costs and encourages parents to collaborate in sharing resources as a strategy for cost-saving.
For those looking to maximize their spending efficiency, Austin-Williams highlights the benefits of the Amex Cashback Everyday Credit Card, which offers a 5% cashback reward on all purchases for new cardholders during the initial five months. Through these strategic measures, she believes that families can tackle the financial demands of parenting, enabling them to stretch their budgets further while planning for the future.
