Showcase Magazine Winter 2026 - Flipbook - Page 29
MONEY SKILLS
Kath’s Corner! Join our IQA Kath as she
shares her top money saving tips.
Boost Your Money
Mental Health
Pause before you purchase!
When buying for your current self,
consider these questions:
• Can I afford it?
• Do I need it right now?
• Do I need to own it?
• Is this the best price?
• What’s the returns policy?
• Could I find this second hand?
Build a Positive Relationship with Your
Finances
Reflect on social media habits
Social media can influence how we
view money and our lifestyle. Do you
find yourself comparing your life to
others or making impulse purchases
through targeted ads? Try muting or
hiding content that triggers those
feelings or encourages unnecessary
spending.
Track your income
and expenses
If someone asked how much
you spend on yourself each
month, beyond bills could you
answer? Start by reviewing
how much money comes in
and where it goes. Use a
budgeting app or simple
spreadsheet to spot patterns
in your spending. Take note of
recurring costs like
subscriptions or phone
contracts, you might find
opportunities to save by
switching providers or cutting
back on services you no
longer use.
Live within your means
Aim to keep your monthly expenses
equal to or less than your monthly
income. Credit options like overdrafts,
store cards, and buy-now-pay-later
services can be tempting but only
borrow what you’re sure you can repay
comfortably.
Save a little realistically and
regularly
Even small savings add up
over time. Set a goal that feels
achievable and remember
that progress doesn’t happen
overnight. One helpful
mindset is to divide your
income between your current
self and your future self. Enjoy
your money today by
spending on things that make
you happy but also invest in
your future by setting aside a
portion for longer-term goals.
Learn from experience
We’ve all made impulse buys we
later regretted. Instead of feeling
guilty, use those moments as
lessons. Building healthy financial
habits takes time, patience, and
self-awareness.
｜
Showcase Training 29
